Northern Trust Q3 Profit Falls 19% Sequentially, Forecasts 6% to 7% Q4 Revenue Growth Year Over Year
Photo: TokenPost
Northern Trust’s net income fell 19% sequentially to $642.9 million in Q3 2026, while the financial services firm forecast 6% to 7% year-over-year revenue growth for Q4. For the three months ended Sept. 30, diluted earnings per share were $3.40, down 20% from $4.23 in Q2. Net income was $792.2 million in the second quarter. GAAP total revenue came to $2.2944 billion, compared with $2.698 billion in Q2. The Q2 total included a $525.4 million gain tied to Northern Trust’s participation in the second Visa Exchange Offer.
Source: TokenPost
