Northern Trust reports Q1 EPS $1.90 vs. 96c last year

Reports Q1 revenue $1.95B vs. $1.65B last year. The company said, “Northern Trust (NTRS) generated its third consecutive quarter of positive operating leverage in the first quarter of 2025 driven by mid-single digit growth in both trust fees and net interest income relative to the prior year, while effectively managing expenses. EPS excluding prior-year notables increased 13% and we generated a return on common equity of 13%, both while boosting capital levels meaningfully and returning $435 million to shareholders. These results demonstrate the strength of our One Northern Trust strategy and the resilience of our business model. As we enter the second quarter, we remain well-positioned to navigate a wide range of evolving macroeconomic and market scenarios, allowing us to act as a source of strength for clients, while pressing ahead with our strategic priorities.”