tiprankstipranks
State Street sees Q2 NII down 2%-5%
The Fly

State Street sees Q2 NII down 2%-5%

Says investment management franchise remains well-positioned with momentum across segments. Says capital levels remain well above regulatory minimums. Says continues to expect to return 100% of earnings to shareholders this year. Sees total fee revenue up 4% for the year. Sees 2024 NII to be down 5% year-on-year. Sees full year expenses up 2.5% with potential for additional revenue-related costs.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles