Northern Trust reported FY 2025 net income of USD 1.7 billion (-14%), on total revenue of USD 8.1 billion (-2%). Noninterest income was USD 5.7 billion (-7%), reflecting higher trust, investment and other servicing fees of USD 5.0 billion (+6%) but a decline in other operating income to USD 207.7 million after a prior-year Visa Exchange Offer gain. Net interest income was USD 2.4 billion (+11%); on a fully taxable equivalent basis, net interest margin was 1.72% (from 1.64%), driven by lower funding costs, partly offset by lower yields on earning assets. Noninterest expense rose to USD 5.8 billion (+2%), while the provision for credit losses was a negative USD 7.5 million (vs. a negative USD 3.0 million). Return on average common equity was 14.4% (vs. 17.4%). Diluted EPS was USD 8.74 (-11%), and cash dividends declared were USD 3.10 per share (+3%). Client asset metrics increased at year-end, with total assets under custody/administration of USD 18.7 trillion (+11%) and total assets under management of USD 1.8 trillion (+12%). Northern Trust said it returned USD 1.9 billion of capital to common shareholders in FY 2025 through USD 600.5 million of common dividends and USD 1.3 billion of share repurchases, and raised its quarterly common dividend to USD 0.80 per share. The board also replaced its buyback authorization on July 22, 2025 with a new program allowing up to USD 2.5 billion of repurchases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000073124-26-000016), on February 24, 2026, and is solely responsible for the information contained therein.