Loading...
•
Jun 30, 2025
Northern Trust Q2 2025 Earnings Report
Northern Trust reported Q2 2025 earnings with steady revenue, improved EPS, and strong capital returns despite expense pressures.
Key Takeaways
Northern Trust delivered $2.0B in revenue and $421M in net income, with EPS improving sequentially. Strong capital ratios and share repurchases highlighted confidence, though expenses remained elevated.
Revenue reached $2.0B on a fully taxable equivalent basis
Net income totaled $421.3M with EPS at $2.13
Assets under custody/administration grew to $18.1T
Repurchased $339M in stock and declared $146M in dividends
Forward Guidance
Management reaffirmed 2025 targets of <5% total expense growth and >30% pre-tax margin medium term.
Positive Outlook
- Targeting <5% expense growth for 2025
- Positive operating leverage expected
- Pre-tax margin goal above 30%
- Return on equity targeted at 13-15% medium term
- Total payout ratio expected to exceed 100%
Challenges Ahead
- Expense pressures remain elevated
- Provision for credit losses reported at $16.5M
- Noninterest expense steady at $1.4B
- Notable items continue to impact expenses
- Market volatility may affect asset servicing revenue
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...