State Street Corporation (NYSE:STT) experienced a 3.5% drop in its stock price during Friday morning trading, despite reporting Q4 earnings that exceeded expectations. The company’s earnings per share were $2.04, surpassing the consensus estimate of $1.81. However, the stock decline came as the company forecasted that its net interest income (NII) for 2025 would remain roughly flat. State Street highlighted its strategic focus on increasing fee revenue growth and transforming its operating model. Despite these efforts, the market reacted negatively to the NII outlook, overshadowing the positive earnings report.
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