NORTHERN TRUST CORP (NTRS) Form 10-Q — Jul 30, 2026
Northern Trust reported strong second quarter 2026 results with net income rising 88% to $792.2 million, fueled by a 35% increase in total revenue to $2.7 billion. The earnings growth was significantly bolstered by a $525.4 million pre-tax gain related to the second Visa, Inc. Exchange Offer, alongside organic growth in Trust, Investment and Other Servicing Fees and Net Interest Income. Despite the positive top-line performance, the company recorded notable non-recurring charges including $61.5 million for software dispositions and $51.0 million for severance-related expenses.
Key figures
- Eps
- 4.23
- Revenue
- 2698
- Net Income
- 792.2
- Revenue Yoy
- 35%
- Total Assets
- 179297.2
- Severance charge millions
- 51
- Afs securities loss millions
- 73.9
- Invested as one grant millions
- 33.1
- Visa exchange offer gain millions
- 525.4
- Software disposition charge millions
- 61.5
Price after filing
Close on the filing date to close N calendar days later (from $182.51). Historical, not a forecast.
AI analysis
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