Northern Trust Q2 net income rises 7% from Q1 to $421.3 million; EPS $2.13
Northern Trust reported second-quarter 2025 net income of $421.3 million, or $2.13 per diluted share, up from $392.0 million and $1.90 in the first quarter. Compared with the second quarter of 2024, earnings fell sharply from $896.1 million, a period that included an $878.4 million net gain from the Visa Exchange Offer. The company also returned $485.6 million to common shareholders and said its board approved a $0.05 quarterly dividend increase.
Key points
- Diluted EPS of $2.13 compared with $1.90 in Q1 2025 and $4.34 in Q2 2024.
- Total revenue (FTE) of $2,002.6 million, up 3% from Q1 2025 and down 26% from Q2 2024.
- Repurchased 3,374,980 shares for $339.4 million in the quarter; returned $485.6 million to common shareholders.
- Board approved a $0.05, or 7%, increase to the quarterly dividend, according to CEO Michael O'Grady.
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 July 23, 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.