Northern Trust Q2 net income rises to $792.2 million, diluted EPS $4.23
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.
Key points
- 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.
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 22, 2026.
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.