State Street(STT) ZACKS·2025-01-14 15:16Core Viewpoint - Analysts project that State Street Corporation (STT) will report quarterly earnings of 3.31 billion, an 8.7% increase from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate for the quarter has been adjusted upward by 2.4% over the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings projections are critical for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Key Financial Metrics - Analysts expect the 'Basel III Advanced Approaches - Tier 1 Leverage Ratio' to be 5.3%, down from 5.5% in the same quarter last year [5]. - The 'Average balance - Total interest-earning assets' is projected to be 232.23 billion year over year [5]. - The 'Basel III Standardized Approach - Tier 1 capital ratio' is estimated at 13.4%, unchanged from the previous year [6]. - 'Assets under Management (AUM)' are expected to reach 4,128 billion a year ago [6]. - The 'Basel III Standardized Approach - Total capital ratio' is forecasted at 14.4%, down from 15.2% in the same quarter last year [7]. - 'Assets under Custody and/or Administration (AUC/A)' are projected to be 41,810 billion last year [7]. Revenue Estimates - 'Net Interest Income' is expected to be 678 million year over year [8]. - 'Total fee revenue' is projected at 2.37 billion in the same quarter last year [8]. - 'Net Interest Income - fully taxable-equivalent basis' is estimated at 679 million last year [9]. - 'Software and processing fees' are expected to reach 237 million year over year [9]. - 'Other fee revenue' is projected at 33 million last year [10]. - 'Management fees' are expected to be 479 million in the same quarter last year [10]. Market Performance - Shares of State Street have decreased by 6.3% over the past month, compared to a 3.5% decline in the Zacks S&P 500 composite [11].