Northern Trust Corporation · NTRS · Next earnings

Northern Trust Corporation reports Thursday, Jan 21, 2027

NTRS reports before market open with consensus EPS at $3.08 and revenue at $2.29B. Last quarter: Northern Trust posts 40% EPS growth as AI and digital assets expand

Reports Before market open77 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $3.08 Calendar consensus
Consensus revenue $2.29B Calendar consensus
Report date Jan 21, 2027 Thursday, date estimated
Session Before market open 77 days away

Where NTRS left off: FY2026 Q3

Full report

Northern Trust posts 40% EPS growth as AI and digital assets expand

EPS surprise +11.5% Reported $3.20 vs $2.87
Revenue surprise +1.8% Reported $2.30B vs $2.26B
Stock move +0.9% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained guidance and indicated Q4 revenue growth of 6–7% and net interest income growth of 8–9%.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Price compression on liquidity mandates could pressure margins.
  • Fixed-income market pressure and lower transaction volumes could weigh on activity.
  • A CRE credit reserve build highlights credit risk.
  • Regulatory approval is required for an expanded UBS fund administration relationship.
  • AI compute and token costs could increase expenses.

Questions analysts left open

  • Whether price compression will weigh on fees and margins.
  • Whether strong operating leverage can continue.
  • Assumptions behind Q4 net interest income guidance, including deposit seasonality.
  • Potential expense pressure from AI compute and token costs.

Ask FN2 about NTRS next report

Transcript, numbers and history already loaded
What should I watch for in NTRS's next earnings report?How did NTRS guide last quarter, and is consensus above or below that?Give me the bull and bear case going into NTRS earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the NTRS recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent NTRS quarters

All NTRS earnings
+0.9%FY2026 Q3-3.5%FY2026 Q2+8.0%FY2026 Q1+6.0%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.