Northern Trust Posts Q2 Profit Beat

Northern Trust (NASDAQ:NTRS), a global provider of asset servicing, wealth management, and banking solutions, announced its financial results for the second quarter of fiscal 2025 on July 23, 2025. The company reported earnings per share (GAAP) of $2.13 and non-GAAP revenue of $2.00 billion, both topping analyst estimates of $2.06 and $1.97 billion, respectively. While non-GAAP revenue grew modestly over consensus estimates, both earnings and revenue were sharply lower compared to the prior year quarter, due mostly to a large one-time gain the year before. Management highlighted robust growth in fee-generating client assets and record net interest income (non-GAAP, FTE basis). Overall, the period saw modest outperformance, sound expense control, and solid operational progress, but highlighted ongoing challenges in terms of efficiency and credit risk. Source: Analyst estimates for the quarter provided by FactSet. Northern Trust provides asset servicing for institutional clients and delivers wealth management services to high-net-worth individuals and families. Its business model relies heavily on two main areas: asset servicing, which supports investment funds and institutional investors, and wealth management, which targets high-net-worth and ultra-high-net-worth clients through personalized financial services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool