Northern Trust Corporation's stock surged 5.25% in pre-market trading on Thursday, following the release of its fourth-quarter 2025 financial results.
The financial services firm reported quarterly earnings of $2.42 per share, exceeding the analyst consensus estimate of $2.35. Revenue for the quarter reached approximately $2.14 billion, also beating expectations of around $2.06 billion. A key driver was net interest income, which came in at $654.3 million, significantly higher than the estimated $600.4 million.
The company attributed its strong performance to a broad market rally that lifted asset values, boosting fee income. Assets under custody and administration climbed 11% to $18.7 trillion, while assets under management rose 12% to $1.8 trillion. This growth in assets, combined with disciplined expense management, contributed to positive operating leverage for the quarter.
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