Categories Earnings, Finance

Earnings Summary: Northern Trust Corp. reports higher Q2 revenue, profit

Northern Trust Corporation (NASDAQ: NTRS) on Wednesday reported a sharp increase in revenue and profit for the second quarter of 2024.

  • Earnings, on a per-share basis, more than doubled to $4.34 in the June quarter from $1.56 in the comparable period of 2023
  • Net income rose sharply to $896.1 million in the second quarter from $331.8 million a year earlier
  • Total revenue moved up to $2.72 billion during the three months from $1.77 billion in the year-ago period
  • At $528.9 million, Q2 net interest income was higher than $524.6 million reported in the prior-year quarter
  • Return on average common equity was 31.2% in the June quarter, vs. 12.4% in Q2 2023
  • Second-quarter return on average assets surged to 2.44% from 0.91% in the year-ago period

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results

Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues

Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights

Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.

Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates

Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top