State Street (STT) Q1 2025 Earnings Call @themotleyfool #stocks $STT

State Street (STT) Q1 2025 Earnings Call @themotleyfool #stocks $STT

State Street Corporation (STT) Stock Forecasts - Overpasses For America

Summary State Street is one of the world’s largest custody banks and, through State Street Global Advisors (SSGA), provides asset-management products and services. Custody clients include mutual fund companies and other investment managers, corporations, public pension funds, unions, and nonprofit organizations. State Street provides custody and management of customers’ assets; accounting, daily pricing, and administration of their funds; the in…

State Street reports 39% surge in Q1 2025 profit

State Street has reported a net income of $644m for the first quarter of 2025 (Q1 2025), a 39% increase from $463m during the same period a year ago. The US-based asset manager has posted a total revenue of $3.28bn in Q1 2025, a rise of 5% compared with $3.13bn in the prior year. In Q1 2025, the company’s assets under management (AUM) reached $4.7tn, a 9% increase from $4.2tn in Q1 2024, while assets under custody and/or administration (AUC/A) r…