Northern Trust Corp (NYSE: NTRS) closed the U.S. trading session higher at the market close, reflecting investor reaction to the company’s fourth-quarter 2025 earnings. The stock ended the session at $145.57, posting a positive intraday percentage move following the release of quarterly results.
Northern Trust provides asset servicing, asset management, wealth management, and banking services to institutional and high-net-worth clients globally.
Market Capitalization
Northern Trust had a market capitalization of approximately $27.5 billion at the U.S. market close.
Latest Quarterly Results
For the fourth quarter ended December 31, 2025, Northern Trust reported:
Total revenue (FTE basis): $2.14 billion, up 9% year over year excluding notable items
Net income (GAAP): $466 million, compared with $455 million a year earlier
Earnings per share: $2.42
Return on average common equity: 15.4%
Key components
Trust, investment and other servicing fees: $1.3 billion, up 7% year over year
Net interest income (FTE): $654 million, up 14% year over year and up 10% sequentially
Assets
Assets under custody and administration (AUC/A): $18.7 trillion, up 11% year over year
Assets under management (AUM): $1.8 trillion, up 12% year over year
Segment Highlights
Wealth Management
Client AUM: $507 billion, up 13% year over year
Trust fees: $578 million, up 6% year over year
Asset Servicing
AUC/A: $17.4 trillion, up 11% year over year
Asset servicing fees: $730 million, up 8% year over year
Pretax margin: 25.5%, up 210 basis points year over year
Chart – Financial Trends
Chart 1: Northern Trust – Revenue
Chart 2: Northern Trust – Stock Price
Full-Year Results Context
For fiscal year 2025:
Revenue declined 2% on a reported basis, reflecting the absence of prior-year favorable notable items
Revenue increased 7% excluding notable items
Net income and EPS declined on a reported basis
EPS increased 17% excluding notable items
Pretax margin: 30%, up 160 basis points year over year excluding notable items
Business & Operations Update
Net interest margin: 1.81%, up sequentially
Credit quality: Remained within historical norms; $8 million reserve release recorded in Q4
Capital ratios
CET1 (standardized): 12.6%
Tier 1 leverage ratio: 7.8%
Shareholder returns: $522 million returned in Q4; $1.9 billion returned for full year 2025 through dividends and repurchases
Guidance & Outlook
Management expects:
2026 net interest income growth in the low-to-mid single-digit range
More than 100 basis points of positive operating leverage
Return of more than 100% of earnings to shareholders
These expectations assume current interest-rate curves and a stable deposit mix
Performance Summary
Northern Trust shares closed higher following Q4 results.
Quarterly revenue and net income increased year over year.
Trust fees and net interest income drove performance.
Full-year results reflected growth excluding prior-year notable items.
The post Northern Trust Corp Shares Edge Higher After Fourth-Quarter Results first appeared on AlphaStreet.
