Northern Trust Q2 FY26 net income rises 88% to $792.2 million; revenue climbs 35% to $2.71 billion vs Q2 FY25
NTRS•Dividend and capital return
- Michael O’Grady said the board raised the quarterly dividend by USD 0.08, or 10%, and the company returned more than USD 1 billion in 1H.
Quarterly results and revenue growth
- Northern Trust posted Q2 net income of USD 792.2 million, up 88% from a year earlier; diluted EPS rose to USD 4.23.
- Total revenue (FTE) climbed 35% year over year to USD 2.71 billion, while noninterest expense increased 16% to USD 1.64 billion.
- Net interest income (FTE) rose 11% to USD 683.1 million, with net interest margin (FTE) widening 12 basis points to 1.81%.
- Other noninterest income totaled USD 673 million, reflecting a USD 525.4 million pre-tax gain tied to the second Visa exchange offer.
