State Street (STT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

State Street Corporation (STT) reported $3.41 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 12.1%. EPS of $2.60 for the same period compares to $2.04 a year ago.The reported revenue represents a surprise of +3.17% over the Zacks Consensus Estimate of $3.31 billion. With the consensus EPS estimate being $2.42, the EPS surprise was +7.44%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.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: 5.2% compared to the 5.3% average estimate based on four analysts. Net interest margin (FTE): 1.1% compared to the 1.1% average estimate based on four analysts. Average balance - Total interest-earning assets: $278.53 billion versus $265.70 billion estimated by three analysts on average. Basel III Standardized Approach - Tier 1 capital ratio: 13.2% versus 13.4% estimated by three analysts on average. Assets under Management (AUM): $4,715 billion compared to the $4,785.94 billion average estimate based on three analysts. Basel III Standardized Approach - Total capital ratio: 14.8% versus 14.4% estimated by two analysts on average. Assets under Custody and/or Administration (AUC/A): $46,557 billion versus the two-analyst average estimate of $40,312.27 billion. Net Interest Income: $749 million compared to the $734.49 million average estimate based on four analysts. Total fee revenue: $2.66 billion compared to the $2.58 billion average estimate based on four analysts. Net Interest Income - fully taxable-equivalent basis: $749 million versus $735.50 million estimated by four analysts on average. Software and processing fees: $259 million versus the three-analyst average estimate of $234.64 million. Other fee revenue: $66 million versus $50.98 million estimated by three analysts on average. View all Key Company Metrics for State Street here>>>Shares of State Street have returned +5.3% over the past month versus the Zacks S&P 500 composite's -2.1% 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.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report State Street Corporation (STT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks