Market cap
$31.4bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Six Months Ended June 30, 2026 highlights: • Revenue for the six months ended June 30, 2026 increased from the prior-year period to $4.9 billion, reflecting: ◦ Trust, Investment and Other Servicing Fees increased to $2.7 billion in the current year primarily due to favorable markets, net new business, and favorable currency movement. ◦ Other Noninterest Income increased to $883.3 million in the current year primarily due to higher Other Operating Income, mainly driven by a $525.4 million gain related to Northern Trust’s participation in the second Visa, Inc. Custody and Fund Administration fees increased from the prior-year quarter primarily driven by favorable markets and net new business. …NORTHERN TRUST CORP, 10-Q, period ended 2026-06-30, filed 2026-07-30