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
MU Earnings Preview: Strong Q2 results in cards amid growing AI demand
Micron Technology, Inc. (NASDAQ: MU) is uniquely positioned to capitalize on the AI wave sweeping the tech industry, leveraging its high-bandwidth-memory products designed for massive data processing tasks. The company
What to look for when FedEx (FDX) reports Q3 2025 earnings results
Shares of FedEx Corp. (NYSE: FDX) stayed green on Friday. The stock has dropped 14% over the past three months. The package delivery company is scheduled to report its third
Docusign (DOCU) Earnings: 4Q25 Key Numbers
Docusign, Inc. (NASDAQ: DOCU) reported total revenue of $776.3 million for the fourth quarter of 2025, up 9% year-over-year. Net income was $83.5 million, or $0.39 per share, compared to
