Northern Trust Q2 Results Top Estimates

2024-07-11 3188
(fxcue news) - Northern Trust Corp. (NTRS) reported Wednesday that its second-quarter net income applicable to common stock surged to $891.4 million or $4.34 per share from $327.1 million or $1.56 per share in the prior-year quarter. On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $1.90 per share for the quarter. Analysts' estimates typically exclude special items. Total revenue on an FTE basis declined 54 percent to $2.72 billion from last year's $1.77 billion. Analysts estimated revenues of $2.06 billion for the quarter. Net interest income on FTE basis was $529.8 million, up 1 percent from last year, primarily due to higher client deposits, partially offset by higher funding costs. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Sign In via X Google Sign In via Google
This page link:http://www.fxcue.com/32273.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights

Please sign in

关注我们的公众号

微信公众号