Northern Trust generates $2.29B in Q3 revenue, up 13.3%

• Northern Trust (NASDAQ:NTRS) reported third-quarter 2026 net income of $626.7 million, with diluted earnings of $3.40 per share, exceeding analysts' consensus estimates of approximately $2.83–$2.86.
• Total revenue increased 13.3% to $2.294 billion, supported by higher fee-related income and net interest income.
• Assets under custody and administration reached $19.9 trillion, while assets under management totaled $2 trillion at September 30, 2026. The company also continued its dividend program.

Northern Trust Corporation (NASDAQ:NTRS) reported third-quarter 2026 revenue of $2.294 billion, up 13.3% year over year, supported by stronger fee and interest income.

Net income reached $626.7 million, while diluted earnings increased to $3.40 per share, exceeding analysts' estimates of approximately $2.83 to $2.86.

The company's earnings growth reflected improving operating performance across its asset servicing, wealth management and banking businesses, alongside higher revenue generation.

Assets under custody and administration totaled $19.9 trillion at September 30, while assets under management reached approximately $2 trillion.

Quarterly earnings moderated from second-quarter net income of $792.2 million and diluted EPS of $4.23, when results included a substantial one-time Visa-related gain.

Northern Trust continued returning capital to investors through its dividend program, while maintaining its focus on operating efficiency and long-term client relationships.

The Chicago-based financial services company provides asset servicing, investment management, wealth management and banking services to institutional and private clients worldwide.