Northern Trust reports Q3 EPS $1.49, consensus $1.47

Reports Q3 revenue $1.74B, consensus $1.75B. Reports Q3 CET1 capital ratio 11.4%. Reports Q3 book value per share $52.95. “Northern Trust’s third quarter results showcased the resilience of our business model in the midst of a challenging stage of this unprecedented interest rate cycle. We grew trust fees, expanded our client base, made further progress on our productivity initiatives, and enhanced our regulatory capital metrics. Our foundation remains strong and clients continue to place their trust in us. We are successfully navigating the challenging operating environment while positioning the company to capitalize on growth opportunities that will deliver value for our shareholders over the long term.”