State Street Stock Climbs as Assets Rise, Profit Beats Estimates
STTState Street(STT) Investopedia·2024-07-17 00:38

Key TakeawaysState Street posted records for both assets under control/administration and assets under management. Its quarterly profit and sales beat estimates.The financial services firm reported higher interest income and fee revenue.State Street shares rose to their highest level in more than a year. Shares of State Street (STT) rose after the financial services firm reported record-high numbers for two key measures of assets held and its results beat forecasts, aided by rising interest income and manag ...