NTRS reports $4.23 net income per diluted share for Q2, driven by wealth management and capital markets strength.
Northern Trust posted a second-quarter revenue increase, fueled by higher fees, capital markets activity, and net interest income. The firm’s net income per diluted share climbed to $4.23, up from prior levels.
The wealth management, asset servicing, and banking services provider benefited from strong client activity and market conditions. Pre-market trading saw NTRS shares edge up 0.38% to $185.77.
No immediate market reaction beyond the pre-market move was reported.