Northern Trust Stock Rises After Q4 Profit Quadruples, Retail’s Ecstatic

The wealth manager’s total trust, investment, and other servicing fees rose 12% to $1.22 billion during the fourth quarter.
 Northern Trust Corporation signage, photographed during the Chicago Architecture Foundation's 'Open House Chicago 2024' in Chicago, Illinois on October 19, 2024. (Photo By Raymond Boyd/Getty Images)
Northern Trust Corporation signage, photographed during the Chicago Architecture Foundation's 'Open House Chicago 2024' in Chicago, Illinois on October 19, 2024. (Photo By Raymond Boyd/Getty Images)
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Sourasis Bose·Stocktwits
Updated Jul 02, 2025 | 8:31 PM GMT-04
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Northern Trust’s (NTRS) shares rose 2.4% on Thursday after its fourth-quarter earnings quadrupled.

The wealth manager reported fourth-quarter earnings of $2.26 per share, compared to $0.52 per share last year.

Its fourth-quarter revenue of $1.97 billion topped Wall Street's estimate of $1.93 billion.

The Chicago-based company said its net interest income (NII) rose 15% to $574.3 million compared to the same period last year, aided by higher deposits and securities repositionings.

Total assets under management jumped 12% to $1.61 trillion compared to last year but declined 1% sequentially.

Its total trust, investment, and other servicing fees rose 12% to $1.22 billion during the fourth quarter, driven by favorable markets and net new business.

Last week, rivals State Street and BNY also posted upbeat quarterly earnings on fee revenue growth.

It also posted a negative $10.5 million provision for credit losses due to improved credit quality in the commercial and institutional loans portfolio.

Northern Trust said its noninterest expenses declined 1% compared to last year when it booked $84.6 million for a Federal Deposit Insurance Corporation special assessment.

Following the earnings, retail sentiment on Stocktwits jumped to ‘extremely bullish’ (94/100) zone from ‘neutral’(48/100) a day ago, while retail chatter surged to ‘extremely high.’

NTRS’s Sentiment Meter and Message Volume as of 10:51 a.m. ET on Jan. 23, 2025 | Source: Stocktwits
NTRS’s Sentiment Meter and Message Volume as of 10:51 a.m. ET on Jan. 23, 2025 | Source: Stocktwits

The stock has gained 27% over the last six months and 34% over the past 12 months.

Also See: GE Aerospace Stock Surges Premarket After Upbeat Q4 Profit, $7B Buyback: Retail Sentiment Takes Off

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