Northern Trust Corporation ( (NTRS) ) has released its Q1 earnings. Here is a breakdown of the information Northern Trust Corporation presented to its investors.
Northern Trust Corporation is a leading financial services company specializing in wealth management, asset servicing, asset management, and banking services for corporations, institutions, affluent families, and individuals. With a global presence, it is known for its exceptional service and financial expertise.
In its latest earnings report for the first quarter of 2025, Northern Trust Corporation announced a net income of $392 million, with earnings per diluted common share at $1.90. This reflects a decrease from the previous quarter but a significant increase compared to the same period last year.
The company’s revenue saw a slight decline from the previous quarter but an 18% increase from the prior year, driven by a 6% increase in trust, investment, and other servicing fees. Net interest income remained stable compared to the previous quarter, with a 7% increase from the prior year. Noninterest expenses rose by 3% sequentially, primarily due to increased compensation and software expenses.
Despite the challenges, Northern Trust maintained strong capital ratios, exceeding regulatory requirements, and returned $435 million to shareholders through dividends and share repurchases. The company continues to focus on its strategic priorities, leveraging its robust business model to navigate evolving market conditions.
Looking ahead, Northern Trust remains well-positioned to support its clients and pursue growth opportunities, with management expressing confidence in the company’s ability to adapt to various macroeconomic scenarios.