Northern Trust Corporation (NASDAQ: NTRS) reported second quarter 2020 earnings results.
Total revenue on a fully taxable equivalent remained relatively flat at $1.51 billion compared to the same period a year ago.
Net income fell 20% to $313.3 million while EPS declined 16% to $1.46.
Non-interest-related revenue grew 4% versus last year offsetting an 11% decline in net interest income reflecting the low interest rate environment.
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