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Northern Trust Q3 Earnings Beat on Higher Fee Income, Costs Rise
NTRSNorthern Trust(NTRS) ZACKS·2024-10-24 00:25

Shares of  Northern Trust Corporation (NTRS) gained 4.9% as third-quarter 2024 adjusted earnings per share of $1.96 surpassed the Zacks Consensus Estimate of $1.73. In the prior-year quarter, the company reported earnings per share of $1.49. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from a rise in fee income. Also, an increase in total assets under custody (AUC) and assets under management (AUM) balances supported financials. Strong capital ratios were anothe ...