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Compared to Estimates, Northern Trust (NTRS) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2026, Northern Trust Corporation (NTRS - Free Report) reported revenue of $2.3 billion, up 13.4% over the same period last year. EPS came in at $3.20, compared to $2.29 in the year-ago quarter.
The reported revenue represents a surprise of +1.4% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $2.86, the EPS surprise was +11.89%.
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: 7.8% versus 7.4% estimated by three analysts on average.
Net interest margin (FTE): 1.8% compared to the 1.8% average estimate based on three analysts.
Average Balance - Total earning assets: $154.4 billion versus the three-analyst average estimate of $149.04 billion.
Nonaccrual Loans and Leases: $55.5 million compared to the $59.31 million average estimate based on two analysts.
Wealth Management Trust, Investment and Other Servicing Fees- Global Family Office: $117.2 million versus $117.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.5% change.
Wealth Management Trust, Investment and Other Servicing Fees- Total: $611.5 million versus $624.57 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.5% change.
Asset Servicing Trust, Investment and Other Servicing Fees- Custody and Fund Administration: $511.7 million versus the two-analyst average estimate of $531.73 million. The reported number represents a year-over-year change of +6%.
Asset Servicing Trust, Investment and Other Servicing Fees- Total: $761.5 million versus $785.07 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.7% change.
Asset Servicing Trust, Investment and Other Servicing Fees- Securities Lending: $29.4 million versus $27.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +38.7% change.
Asset Servicing Trust, Investment and Other Servicing Fees- Other: $44.8 million compared to the $43.94 million average estimate based on two analysts. The reported number represents a change of +3.2% year over year.
Asset Servicing Trust, Investment and Other Servicing Fees- Investment Management: $175.6 million versus $182.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
Total Noninterest Income: $1.62 billion versus the three-analyst average estimate of $1.61 billion.
Shares of Northern Trust have returned -4.6% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Northern Trust (NTRS) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2026, Northern Trust Corporation (NTRS - Free Report) reported revenue of $2.3 billion, up 13.4% over the same period last year. EPS came in at $3.20, compared to $2.29 in the year-ago quarter.
The reported revenue represents a surprise of +1.4% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $2.86, the EPS surprise was +11.89%.
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:View all Key Company Metrics for Northern Trust here>>>
Shares of Northern Trust have returned -4.6% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.