| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.3K | 10.5% |
| Total Income | 1.3K | 10.5% |
| Expenditure | 640.80 | 7.5% |
| PBT | 700.60 | 34.4% |
| Net Profit | 525.50 | 34.1% |
| OPM | — | |
| NPM | 39.17% | 6.88pp |
| EPS | 2.72 | 42.4% |
Northern Trust Reports Q1 2026 Net Income of $525.5 Million
21 Apr 2026 · 21 Apr, 4:26 pm
Summary
Northern Trust Corporation reported a strong start to 2026 with first quarter net income of $525.5 million, or $2.71 per diluted common share. This compares to $392.0 million, or $1.90 per diluted common share, in the first quarter of the previous year. Revenue increased by 14% year-over-year, driven by organic growth and favorable market conditions. Management highlighted the effectiveness of their diversified business model and continued execution of strategic priorities. The company's return on equity reached 17.4%, and they returned 100% of earnings to shareholders.
Key Highlights
- 1
Northern Trust Corporation reported first quarter net income of $525.5 million.
- 2
Earnings per diluted common share were $2.71, compared to $1.90 in the first quarter of 2025.
- 3
Revenue increased 14% year-over-year, supported by improved organic growth and favorable market conditions.
- 4
The company generated more than 700 basis points of operating leverage and a 32% pre-tax margin.
- 5
Return on equity reached 17.4% and the company returned 100% of earnings to shareholders.
- 6
Total revenue (FTE*) was $2,213.2 million, a 4% increase from the previous quarter and a 14% increase from the prior year quarter.
- 7
Trust, Investment and Other Servicing Fees totaled $1,341.4 million, up 11% from Q1 2025.
Management Comments
MICHAEL O’GRADY
Northern Trust began 2026 with strong financial momentum, underscoring the effectiveness of our diversified business model and continued execution of our strategic priorities. Revenue increased 14% year-over-year, supported by improved organic growth, elevated client activity across our businesses, and favorable interest rate and market conditions. Disciplined expense management and a sustained focus on operational efficiency generated more than 700 basis points of operating leverage, a 32% pre-tax margin, and a 43% rise in earnings per share. Return on equity reached 17.4% and we returned 100% of our earnings to shareholders. While global and economic uncertainty persists, we remain focused on supporting our clients, strengthening our global franchise, and delivering lasting value for stakeholders.”
Informational and educational content only. Not investment advice.