State Street 2Q 2023 Earnings Highlights

State Street Corporation reported Q2 2023 earnings with EPS of $2.17, up 14% year-over-year, and total revenue of $3.1B, up 5% YoY. The financial services firm demonstrated strong business momentum across Investment Services and Investment Management, with $39.6T in AUC/A and $3.8T in AUM. The company maintained a 29.5% pre-tax margin with 0.4 percentage points of positive operating leverage.