Northern Trust Corp. (NTRS) reported Thursday that its fourth-quarter net income surged 69 percent to $406.4 million from last year's $240.9 million, with earnings per share growing 70 percent to $1.91 from $1.12 last year.
On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of $1.81 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue on an FTE basis grew 9 percent to $1.68 billion from last year's $1.53 billion. Analysts estimated revenues of $1.65 billion for the quarter.
Net interest income on FTE basis was $370.6 million, up 7 percent from last year, driven primarily by higher average earning assets, partially offset by a lower net interest margin.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.