| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 3B | +13% |
| Operating Income | 201MM | -61% |
| Operating Expenses | 2.8B | +29% |
| Net Income | 210MM | -50% |
| Compensation | 1.2B | +15% |
| Technology | 473MM | +15% |
| Professional Service | 113MM | +14% |
| Amortization | 59MM | -2% |
| Interest Expense | 1.9B | +12% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major financial players who have reported earnings so far. Hennessy Funds Portfolio Manager David Ellison joins Market Domination to discuss the biggest boons and challenges for the banking sector. "I think the boogeyman or the real new issue is what's going to happen to the deposit side," Ellison explains. "...
State Street Corporation (NYSE:STT) Q1 2024 Earnings Call Transcript April 12, 2024 State Street Corporation beats earnings expectations. Reported EPS is $1.69, expectations were $1.5. STT isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to State […]
(Bloomberg) -- State Street Global Advisors is standing by a contrarian call for the Federal Reserve to cut interest rate as soon as June despite a string of hot economic data that has spurred most traders to push back bets to later in the year.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIChina Tells Iran Cooperation Will Last After Attack on IsraelUS Two-Year Yield Eyes 5% Before Powell’s Remarks: Markets WrapIMF Steps Up Its Warning to
Discover how State Street achieved significant AUC/A growth and record ETF AUM, while navigating challenges in securities finance and net interest income.
Q1 2024 State Street Corp Earnings Call
The giant custody bank convinced clients to park more money in accounts with the Boston-based company, prompting it to increase its full-year 2024 projections, Chief Financial Officer Eric Aboaf said.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes? Let's find out.
Although the revenue and EPS for State Street (STT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
State Street (STT) delivered earnings and revenue surprises of 14.19% and 2.54%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
State Street's assets under management for the first quarter rose by nearly 20% helping it post an increase in fee earned from managing clients, the company said on Friday, sending its shares up 4.2% in premarket trading. State Street services and manages investments for high-net-worth clients that include governments, institutions and investment companies. The bank had record $4.3 trillion in assets under management (AUM) at the end of the March quarter, up from $3.6 trillion last year.