State Street ( (STT) ) just unveiled an announcement.
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State Street reported a robust third quarter in 2024, achieving a record EPS of $2.26, fueled by a 21% revenue increase and notable gains in fee revenue and net interest income. The financial institution recorded $466 billion in new Investment Servicing AUC/A wins and $100 billion in record net inflows for Global Advisors. State Street’s strategic moves and strong balance sheet allowed them to repurchase $450 million in common shares, highlighting their commitment to returning capital to shareholders.
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