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Northern Trust (NTRS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended September 2025, Northern Trust Corporation (NTRS - Free Report) reported revenue of $2.03 billion, up 2.9% over the same period last year. EPS came in at $2.29, compared to $1.96 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.04 billion, representing a surprise of -0.76%. The company delivered an EPS surprise of +1.33%, with the consensus EPS estimate being $2.26.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Northern Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Tier 1 Leverage Ratio: 8% versus the four-analyst average estimate of 7.6%.
  • Net interest margin (FTE): 1.7% versus 1.7% estimated by four analysts on average.
  • Average Balance-Total earning assets: $159.08 billion versus $143.48 billion estimated by three analysts on average.
  • Nonaccrual Loans and Leases: $78.8 million versus $63.84 million estimated by two analysts on average.
  • Wealth Management Trust, Investment and Other Servicing Fees- Global Family Office: $101.5 million versus the two-analyst average estimate of $109.98 million. The reported number represents a year-over-year change of +0.7%.
  • Wealth Management Trust, Investment and Other Servicing Fees- Total: $558.6 million versus the two-analyst average estimate of $569.7 million. The reported number represents a year-over-year change of +5.5%.
  • Asset Servicing Trust, Investment and Other Servicing Fees- Custody and Fund Administration: $482.7 million versus the two-analyst average estimate of $493.16 million. The reported number represents a year-over-year change of +6.5%.
  • Asset Servicing Trust, Investment and Other Servicing Fees- Total: $706.9 million compared to the $726.04 million average estimate based on two analysts. The reported number represents a change of +6% year over year.
  • Asset Servicing Trust, Investment and Other Servicing Fees- Securities Lending: $21.2 million versus the two-analyst average estimate of $20.96 million. The reported number represents a year-over-year change of +21.1%.
  • Asset Servicing Trust, Investment and Other Servicing Fees- Other: $43.4 million compared to the $44.65 million average estimate based on two analysts. The reported number represents a change of -1.1% year over year.
  • Asset Servicing Trust, Investment and Other Servicing Fees- Investment Management: $159.6 million versus $167.27 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.
  • Net Interest Income - FTE Adjusted: $596.3 million versus the four-analyst average estimate of $599.04 million.

View all Key Company Metrics for Northern Trust here>>>

Shares of Northern Trust have returned -1.5% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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