Northern Trust Q1 net income rises to $392.0 million, EPS $1.90 from $0.96 a year earlier
Northern Trust reported first-quarter 2025 net income of $392.0 million, or $1.90 per diluted share, up from $214.7 million and $0.96 in the first quarter of 2024 but down from $455.4 million and $2.26 in the fourth quarter of 2024. Fully taxable equivalent total revenue was $1,945.6 million, up 18% from a year earlier and down 1% from the prior quarter. The company returned $435.4 million to shareholders through dividends and share repurchases.
Key points
- Net income $392.0 million vs. $214.7 million in Q1 2024 and $455.4 million in Q4 2024
- Diluted EPS $1.90 vs. $0.96 in Q1 2024 and $2.26 in Q4 2024; return on average common equity 13.0%
- Total revenue (FTE) $1,945.6 million, up 18% year over year; noninterest expense $1,417.6 million, up 4%
- Returned $435.4 million to shareholders; repurchased 2,616,238 shares at a total cost of $287.2 million
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.