Oct 21, 6:39 AM ET
Northern Trust reported third-quarter 2026 net income of $642.9 million, or $3.40 per diluted share, up from $457.6 million and $2.29 a year earlier. Results fell from the second quarter, which included a $525.4 million Visa Exchange Offer gain, and the company also reported $48.7 million in pre-tax notable items this quarter. Shareholders also received a higher quarterly dividend of $0.88 per share, up from $0.80.
- Diluted EPS was $3.40, up 48% from $2.29 a year earlier but down 20% from $4.23 in the second quarter of 2026.
- Total revenue (FTE) was $2.3 billion, up 13% from a year earlier and down 15% from the prior quarter.
- Quarterly notable items were $48.7 million pre-tax, including a $34.0 million gain on the sale of the guardianship services business.
- The quarterly dividend rose to $0.88 per share from $0.80, and the company returned $514.2 million to common shareholders in the quarter.
Read the filing on SEC.gov ↗
Oct 20, 4:18 PM ET
Northern Trust appointed Rima Qureshi as a director of the company and of its principal subsidiary, The Northern Trust Company, effective October 20, 2026. She joins the Risk Committee and the Technology and Operations Committee, and will receive prorated director equity awards through the 2027 Annual Meeting of Stockholders. The filing describes a board change with no reported financial figures.
- Appointed to the Northern Trust Corporation board and The Northern Trust Company board on October 20, 2026
- Named to the Risk Committee and the Technology and Operations Committee, effective October 20, 2026
- Former executive vice president and chief strategy officer of Verizon Communications, which she joined in 2017; previously spent 23 years at Ericsson
- Will receive prorated equity awards under the Non-Employee Director Compensation Plan through the 2027 Annual Meeting
Read the filing on SEC.gov ↗
Sep 29, 5:10 PM ET
Northern Trust Chief Financial Officer David W. Fox, Jr. told the company on September 28, 2026 that he plans to retire on or around March 31, 2027. The company said it will conduct a comprehensive internal and external search for his successor, and Fox is expected to keep leading Finance during the transition.
- Fox informed the company on September 28, 2026 of his plan to retire, effective on or around March 31, 2027.
- Fox intends to remain in his role through the end of the first quarter of 2027 to support an orderly transition.
- The company plans a comprehensive internal and external search for its next Chief Financial Officer.
- Fox joined Northern Trust in 2012 and previously spent more than 25 years at JPMorgan.
Read the filing on SEC.gov ↗
Jul 22, 6:52 AM ET
Northern Trust reported second-quarter 2026 net income of $792.2 million, or $4.23 per diluted share, up from $421.3 million and $2.13 a year earlier, and up from $525.5 million and $2.71 in the first quarter. Results include a $525.4 million pre-tax gain from the Visa Exchange Offer, partly offset by $145.6 million in pre-tax notable expense items, and the board approved a 10% increase to the quarterly dividend on July 21, 2026.
- Q2 2026 net income of $792.2 million and diluted EPS of $4.23, versus $421.3 million and $2.13 in Q2 2025.
- Total revenue on a fully taxable equivalent basis rose 35% year over year to $2,705.6 million.
- Pre-tax notable items included a $525.4 million Visa gain, a $73.9 million securities loss and $145.6 million of expense items.
- The board approved an $0.08, or 10%, increase to the quarterly dividend at its July 21, 2026 meeting.
Read the filing on SEC.gov ↗
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