Northern Trust (NASDAQ: NTRS) Beats Q3 2026 Earnings and Revenue Estimates

• Northern Trust (NASDAQ: NTRS) reported adjusted earnings of $3.20 per share, exceeding the $2.86 consensus estimate.
• GAAP revenue increased 13% to $2.29 billion, above analysts' estimate of approximately $2.26 billion.
• Higher servicing fees, net interest income and assets under management supported the results.

Northern Trust (NASDAQ: NTRS), which provides wealth management, asset servicing and investment-management services, reported third-quarter 2026 net income of $642.9 million. GAAP diluted earnings reached $3.40 per share, up 48% from $2.29 a year earlier. The GAAP figure included $48.7 million in favorable pretax notable items. Excluding these items, adjusted earnings were $3.20 per share.

GAAP revenue rose 13% to $2.29 billion, while revenue on a fully taxable-equivalent basis totaled $2.30 billion. Trust, investment and servicing fees increased 8% to $1.37 billion, and net interest income rose 14% to $671.4 million.

Assets under management increased 11% to approximately $1.96 trillion, supported by favorable markets and net client inflows. Assets under custody and administration rose 9% to $19.90 trillion.