The financials
Northern Trust by the numbers
Northern Trust (NTRS) reported revenue of $2.70B in Q2 2026 (quarter ended June 30, 2026), up 35% from the same quarter a year earlier. That came with net income of $792M (29% of revenue). For the full year FY2025, revenue was $8.09B (−2.5% year on year) and net income $1.74B. Its largest product in 2026-Q1 was Investment Managementand Advisory at $718M, 51% of the disclosed total, just ahead of Custodyand Fund Administration at 38%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.70B | $2.00B | +35% |
| Net income | $792M | $421M | +88% |
| Diluted EPS | $4.26 | $2.13 | +100% |
| Product | Revenue | Share |
|---|---|---|
| Investment Managementand Advisory | $718M | 51% |
| Custodyand Fund Administration | $532M | 38% |
| Other Trust Investment And Other Servicing Fees | $69M | 4.9% |
| Securities Commissionand Trading | $50M | 3.6% |
| Securities Lending | $24M | 1.7% |
| Productsand Services Other Operating Income | $21M | 1.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.41B (+7.4%)
Securities Commission and Trading grew +32% year on yearProducts and Services Other Operating Income +3.5% year on year
Segment Latestquarter on quarteryear on year
- Investment Management and Advisory$717.5M$717.5MQoQ +7.4%year on year +11%+7.4%+11%
- Custody and Fund Administration$531.7M$531.7MQoQ +3.1%year on year +9.6%+3.1%+9.6%
- Other Trust Investment And Other Servicing Fees$68.6M$68.6MQoQ +14%year on year +8.2%+14%+8.2%
- Securities Commission and Trading$50.4M$50.4MQoQ +28%year on year +32%+28%+32%
- Securities Lending$23.6M$23.6MQoQ +9.8%year on year +32%+9.8%+32%
- Products and Services Other Operating Income$20.7M$20.7MQoQ +99%year on year +3.5%+99%+3.5%
Financial Services
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