Northern Trust Corporation (NTRS)

The company now

Northern Trust reported third-quarter 2026 net income of $642.9 million on 21 October, or $3.40 per diluted common share 1. A year earlier the figures were $457.6 million and $2.29 1.

The second quarter had been larger at $792.2 million because it held a $525.4 million gain from the company's part in a second Visa exchange offer 1. The third quarter held a $34.0 million gain on selling the guardianship services business and a smaller Visa gain of $14.7 million 1.

Chairman and chief executive Michael O'Grady said that, leaving out notable items, revenues grew 11% from a year earlier and pretax income rose 21% 1. Expenses grew more slowly than revenue, which the company calls operating leverage 1.

Assets under custody and administration, the client assets the bank safekeeps or services, were $19,896.6 billion at 30 September, up 9% from a year before 1. The quarterly common dividend rose to $0.88 per share from $0.80 1.

Two leadership items are open 54. Chief financial officer David Fox told the company on 28 September that he plans to retire on or around 31 March 2027, and a search for a successor is planned 5. The board named Rima Qureshi, a former Verizon strategy chief, a director on 20 October 4.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.