State Street (STT) Tops Q1 EPS by 12c

State Street (NYSE: STT) reported Q1 EPS of $1.17, $0.12 better than the analyst estimate of $1.05. Revenue for the quarter came in at $2.61 billion versus the consensus estimate of $2.67 billion.

Capital:

STT said: Our common equity tier 1 ratios as of March 31, 2015 were 12.1% and 10.4%, calculated under the advanced approaches and standardized approach provisions, respectively, in conformity with the Basel III final rule. On a fully phased-in basis, our estimated pro forma Basel III common equity tier 1 ratios as of March 31, 2015 were 11.5% and 9.8%, calculated under the advanced approaches and standardized approach provisions, respectively, in conformity with the Basel III final rule.

For earnings history and earnings-related data on State Street (STT) click here.

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