Northern Trust Corporation earnings overview

NTRS FY2026 Q2 · Calendar Q3 2026

Northern Trust Corporation

Northern Trust delivered a strong Q2 with EPS beating consensus by 9.6% and revenue modestly ahead, fueled by a one-time $525M pre-tax Visa exchange gain and 13% organic revenue growth. Management raised full-year guidance to 9-10% revenue and NII growth. Despite the beat, shares fell 3.3% on the session at nearly 3x baseline volume, suggesting investors are looking past the Visa gain and questioning whether the large institutional deposits driving NII are sustainable into Q3.