Northern Trust: Strong Stock Markets Continue To Pad Earnings

Core Insights - Global stock markets have experienced significant growth, positively impacting investors' portfolios and benefiting custody banks' earnings [1] - Northern Trust Corporation (NTRS) has capitalized on this trend, with increased asset-based fees contributing to a rise in earnings per share [1] Company Performance - Northern Trust Corporation has seen a boost in earnings per share due to favorable market conditions [1] - The bank's performance is linked to the overall buoyancy in the stock market, which has enhanced its revenue from asset-based fees [1]