Northern Trust said net income for Q1 was $214.7 million, with diluted earnings per share of $0.96. In the prior quarter, net income and diluted earnings per share were $113.1 million and $0.52, respectively, and in the prior-year quarter they were $334.6 million and $1.51.

1. 01

   Northern Trust said net income for Q1 was $214.7 million, with diluted earnings per share of $0.96. In the prior quarter, net income and diluted earnings per share were $113.1 million and $0.52, respectively, and in the prior-year quarter they were $334.6 million and $1.51.

2. 02

   The company said that results for Q1 reflected a pre-tax loss of $189.4 million (after-tax $141.5 million) on available-for-sale debt securities sold in connection with a portfolio repositioning, recorded in Investment Security Gains (Losses), net. The loss in the prior quarter was $176.4 million.

3. 03

   Trust, Investment and Other Servicing Fees rose to $1,142.9 million, up from $1,090.0 million in the prior quarter and $1,063.6 million in the prior-year quarter, the company said, citing favorable market conditions as the main driver.

4. 04

   Northern Trust said it returned about $285.4 million to common shareholders in Q1 through dividends and share repurchases. The company also said Other Operating Expense included an FDIC special assessment of $12.5 million, compared with $84.6 million in the prior quarter.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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