earnings
confidence high
sentiment positive
materiality 0.75
Northern Trust Q3 net income $457.6M, diluted EPS $2.29, up 7% QoQ and 3% YoY
NORTHERN TRUST CORP
2025-Q3 EPS reported
$6.32
revenue$3,710,400,000
- Trust, investment and other servicing fees of $1,265.5M, up 6% YoY; total revenue (FTE) $2,030.9M, up 3% YoY.
- Net interest income (FTE) $596.3M, up 5% YoY; net interest margin 1.70%, up 2 bps YoY.
- Provision for credit losses was a benefit of $17M vs. $8M provision in Q3 2024.
- ROE 14.8% near high end of target range; fifth consecutive quarter of positive operating leverage.
- Asset Servicing pre-tax income $294.1M (+14% YoY); Wealth Management pre-tax income $342.4M (+11% YoY).