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Northern Trust (NTRS) Reports Q1 Earnings: What Key Metrics Have to Say
NTRSNorthern Trust(NTRS) ZACKS·2025-04-22 14:36

Core Insights - Northern Trust Corporation (NTRS) reported revenue of 1.94billionforQ12025,ayearoveryearincreaseof17.81.94 billion for Q1 2025, a year-over-year increase of 17.8% and an EPS of 1.90 compared to 1.70ayearago[1]TherevenuewasslightlybelowtheZacksConsensusEstimateof1.70 a year ago [1] - The revenue was slightly below the Zacks Consensus Estimate of 1.95 billion, resulting in a surprise of -0.34%, while the EPS exceeded the consensus estimate of 1.85by+2.701.85 by +2.70% [1] Financial Performance Metrics - Tier 1 Leverage Ratio was reported at 8%, slightly below the estimated 8.1% [4] - Net interest margin (FTE) was in line with estimates at 1.7% [4] - Average balance of total earning assets was 138.01 billion, exceeding the estimate of 134.09billion[4]Nonaccrualloansandleaseswerereportedat134.09 billion [4] - Nonaccrual loans and leases were reported at 73.10 million, higher than the average estimate of 55.64million[4]WealthManagementandServicingFeesWealthManagementTrust,InvestmentandOtherServicingFeesforGlobalFamilyOfficewere55.64 million [4] Wealth Management and Servicing Fees - Wealth Management Trust, Investment and Other Servicing Fees for Global Family Office were 103.80 million, a +9% year-over-year change, exceeding the estimate of 100.76million[4]TotalWealthManagementTrust,InvestmentandOtherServicingFeeswere100.76 million [4] - Total Wealth Management Trust, Investment and Other Servicing Fees were 541.90 million, representing a +7.7% change year-over-year, slightly above the estimate of 539.37million[4]AssetServicingTrust,InvestmentandOtherServicingFeesforCustodyandFundAdministrationwere539.37 million [4] - Asset Servicing Trust, Investment and Other Servicing Fees for Custody and Fund Administration were 453.30 million, a +3.8% year-over-year change, surpassing the estimate of 447.04million[4]TotalAssetServicingTrust,InvestmentandOtherServicingFeeswere447.04 million [4] - Total Asset Servicing Trust, Investment and Other Servicing Fees were 671.90 million, reflecting a +5.1% year-over-year change, above the estimate of $667.50 million [4] Stock Performance - Northern Trust shares have returned -14.5% over the past month, compared to the Zacks S&P 500 composite's -8.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]