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Northern Trust Q3 Earnings Beat Estimates on Asset Growth
The company reported adjusted EPS of $3.20, beating analyst estimates of $2.86, as assets under management grew 11% to $1.96 trillion.
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Northern Trust reported a sequential decline in its third-quarter earnings compared to the previous quarter. Additionally, the company's financial guidance for the fourth quarter of 2026 fell short of analyst estimates. These results highlight a downward trend in quarterly performance and a cautious outlook for the end of the fiscal period.
The company reported adjusted EPS of $3.20, beating analyst estimates of $2.86, as assets under management grew 11% to $1.96 trillion.
Read the full storyHigher deposits and lower funding costs supported interest income, while the company returned $514.2 million to shareholders through dividends and share buybacks during the quarter.