State Street (STT) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

By Zacks Equity Research | April 17, 2025, 9:30 AM

For the quarter ended March 2025, State Street Corporation (STT) reported revenue of $3.28 billion, up 4.7% over the same period last year. EPS came in at $2.04, compared to $1.69 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $3.3 billion, representing a surprise of -0.57%. The company delivered an EPS surprise of +3.03%, with the consensus EPS estimate being $1.98.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how State Street performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Basel III Advanced Approaches - Tier 1 Leverage Ratio: 5.5% compared to the 5.5% average estimate based on four analysts.
  • Net interest margin (FTE): 1% compared to the 1.1% average estimate based on four analysts.
  • Average balance - Total interest-earning assets: $289.52 billion versus the three-analyst average estimate of $274.35 billion.
  • Basel III Standardized Approach - Tier 1 capital ratio: 13.8% versus 13.6% estimated by three analysts on average.
  • Assets under Management (AUM): $4,665 billion versus $4,713.9 billion estimated by three analysts on average.
  • Basel III Standardized Approach - Total capital ratio: 15.3% versus the two-analyst average estimate of 14.6%.
  • Assets under Custody and/or Administration (AUC/A): $46,733 billion versus the two-analyst average estimate of $39,950.61 billion.
  • Net Interest Income: $714 million versus the four-analyst average estimate of $730.68 million.
  • Total fee revenue: $2.57 billion compared to the $2.58 billion average estimate based on four analysts.
  • Net Interest Income - fully taxable-equivalent basis: $714 million compared to the $730.95 million average estimate based on four analysts.
  • Software and processing fees: $225 million versus $221.52 million estimated by three analysts on average.
  • Other fee revenue: $32 million versus the three-analyst average estimate of $62.76 million.
View all Key Company Metrics for State Street here>>>

Shares of State Street have returned -11.7% over the past month versus the Zacks S&P 500 composite's -6.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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