Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report a year-over-year increase in earnings for Q2 2025, with a projected earnings per share of $2.08, reflecting a 16.9% rise from the previous year, despite a decline in revenue anticipated at $1.98 billion, a decrease of 27% year-over-year [1][2][8]. Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for NTRS' second-quarter earnings has been revised upward to $2.08 per share, indicating a 16.9% increase from the year-ago reported number [2]. - The consensus estimate for revenues is pegged at $1.98 billion, indicating a year-over-year decline of 27% [2]. - NTRS is projected to experience a positive earnings surprise history, with an average positive surprise of 7.40% over the last four quarters [2]. Group 2: Net Interest Income and Loans - NTRS' net interest income (NII) is expected to be $576.5 million, reflecting a 1.5% sequential increase, supported by stable funding costs and loan growth [3][8]. - The lending scenario has shown solid demand for loans during the quarter, contributing to the growth in average interest-earning assets, estimated at $139.2 billion, a nearly 1% rise from the prior quarter [4][5]. Group 3: Non-Interest Income and Fees - The Zacks Consensus Estimate for total fee income is pegged at $1.4 billion, indicating a 2.3% increase from the prior quarter [9]. - Custody and fund administration fees are estimated at $464 million, indicating a 2.4% sequential rise, while investment management fees are expected to be $156 million, reflecting a 2.3% increase [6][7]. Group 4: Expenses and Asset Quality - Northern Trust's expenses are anticipated to be high due to increased compensation and investments in equipment and software development [9]. - The Zacks Consensus Estimate for non-performing assets is pegged at $74.6 million, indicating a 2.1% rise on a sequential basis, as the company prepares for potential bad loans amid economic uncertainties [10].