STATE STREET CORP
Q1 2024
In Q1, State Street Corporation reported positive fee and total operating leverage, solid EPS growth, and two new Alpha business wins, while facing episodic and industry headwinds; the company's management has been heavily engaged with clients, resulting in growth in low-cost ETF franchise and active space, and has outlined strategic priorities for 2024, including growing fee revenue, extending leadership, enhancing their operating model, and continuing to differentiate their business through innovative client solutions and technology-led capabilities.