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State Street reports Q1 adjusted EPS $1.69, consensus $1.50

Reports Q1 revenue $3.14B, consensus $3.06B. Reports Q1 AUM $4.34T. Ron O’Hanley, Chairman and Chief Executive Officer: “We continued to execute on our strategic priorities to grow fee revenue and invest in our business while diligently managing our overall expense base, and returning capital to our shareholders, which enabled us to achieve positive fee operating leverage and strong EPS performance in the first quarter, excluding notable items.”

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