Northern (NTRS)
NASDAQ:NTRS
Want to see NTRS full AI Analyst Report?
Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.64Last Year’s EPS
2.13Same Quarter Last Year
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple strong financial and operational achievements — double-digit revenue and fee growth, record quarterly NII, substantial operating-leverage driven margin expansion, robust Asset Servicing wins, continued product innovation and active capital returns — while noting some transitory headwinds (sequential NIM pressure from large short-term deposits), non‑persistent deposit inflows, modest expense growth, regulatory/market uncertainties, and an unrealized securities loss. Overall performance and guidance were upgraded in areas (NII outlook), and management emphasized strategic investments (AI, talent, alternatives) intended to sustain organic growth.Company Guidance
Revenue and Earnings Growth
Total revenue rose 14% year-over-year; net income was $526 million; EPS was $2.71, reflecting EPS growth of 43% year-over-year; return on average common equity reached 17.4% (at the higher end of the medium-term target range).
Net Interest Income Strength and Raised NII Outlook
Net interest income (FTE) was a quarterly record at $662 million, up 15% year-over-year and up 1% sequentially; company raised full-year NII guidance to mid- to high-single digit growth (up from low- to mid-single digits).
Recurring Fee Growth — Trust, Investment and Servicing Fees
Trust, investment and other servicing fees totaled $1.3 billion, up 11% year-over-year; Wealth Management trust fees up 11% and Asset Servicing fees up 10% year-over-year, driven by favorable markets and new business.
Strong Operating Leverage and Margin Expansion
Generated more than 700 basis points of positive operating leverage; pretax margin expanded nearly 500 basis points to 32% year-over-year; delivered 410 bps of trust-fee operating leverage and 740 bps of total operating leverage.
Shareholder Returns and Capital Deployment
Returned $510 million to shareholders in the quarter (100% payout ratio) including $359 million in share repurchases; share count reduced ~5% year-over-year; CET1 ratio remained strong at 12% (operating well above regulatory minimums).
Asset Servicing Momentum and Scale
Assets under custody and administration reached $17.3 trillion, up ~9–10% year-over-year; Asset Servicing pretax profit grew 59% year-over-year and pretax margin expanded 740 basis points to 28.3%; capital markets activity up 34% year-over-year with robust FX and brokerage fees.
Asset Management Wins and Product Innovation
Liquidity AUM increased to $350 billion with 13 consecutive quarters of positive flows; ETF and product launches (including a U.S. equity ETF and a Saudi Arabia equity index strategy with $1 billion in client capital); NTAM recognized by Barron's (top fund family rankings).
Strategic Progress — AI and One Northern Trust Initiatives
Accelerated embedding of AI focused on hyper-personalization, AI-generated alpha and infinite scalability (examples include One Wealth Assistant and AI-assisted research/product construction); continued expansion of family office solutions and alternatives platform with plans to increase alts fundraising by 25%.
Credit Quality
Credit quality described as very strong with all key metrics in line with historical standards; recorded modest $3 million reserve release driven by C&I portfolio improvements.
NTRS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $158.99 | $171.74 | +8.02% |
Jan 22, 2026 | $143.61 | $152.27 | +6.02% |
Oct 22, 2025 | $127.03 | $124.03 | -2.36% |
Jul 23, 2025 | $124.30 | $122.04 | -1.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Northern (NTRS) report earnings?
Northern (NTRS) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is Northern (NTRS) earnings time?
Northern (NTRS) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTRS EPS forecast?
NTRS EPS forecast for the fiscal quarter 2026 (Q2) is 2.64.
