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CHICAGO -On Tuesday, Northern Trust Corporation (NASDAQ:NTRS) reported first quarter 2025 earnings that exceeded analyst expectations, while revenue met estimates.
The company’s stock edged down -0.86% in premarket trading following the announcement.
The Chicago-based financial services firm posted adjusted earnings per share of $1.90 for the quarter, surpassing the analyst consensus of $1.84 by $0.06. Revenue came in at $1.95 billion, exactly in line with analyst projections.
Northern Trust did not provide specific guidance for upcoming quarters or the full year in the press release. The company reported assets under custody/administration of $16.9 trillion and assets under management of $1.6 trillion as of March 31, 2025.
The slight decline in Northern Trust’s stock price suggests investors had a relatively neutral reaction to the mixed earnings report, with the earnings beat offset by in-line revenue.
Northern Trust, founded in 1889, offers wealth management, asset servicing, asset management and banking services to corporations, institutions, and individuals. The company has offices across 24 U.S. states and 22 international locations.
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