Form 8-K · Current report
Northern Trust 8-K, filed Jul 22, 2026
- Filed
- CIK
- 0000073124
- Accession no.
- 0000073124-26-000043
Summary
Northern Trust reported second-quarter 2026 net income of $792.2 million and diluted earnings per common share of $4.23, compared with $525.5 million and $2.71 in the prior quarter and $421.3 million and $2.13 in the year-earlier quarter. Results included a $525.4 million pre-tax gain from its participation in the second Visa exchange offer and $145.6 million in pre-tax notable charges, and the board approved a 10% increase to the quarterly dividend.
Key points
- Net income was $792.2 million and diluted EPS was $4.23, versus $2.71 in Q1 2026 and $2.13 in Q2 2025.
- Notable pre-tax items included a $525.4 million Visa exchange-offer gain, a $73.9 million loss on available-for-sale debt securities sold, a $61.5 million software disposition charge, $51.0 million of severance charges, and a $33.1 million one-time equity grant.
- Total revenue on an FTE basis was $2,705.6 million, up 35% from the prior-year quarter, while noninterest expense was $1,638.6 million, up 16%.
- The board approved a $0.08, or 10%, increase to the quarterly dividend, and CEO Michael O'Grady cited an eighth consecutive quarter of positive organic trust-fee growth.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition The information contained in the registrant’s July 22, 2026 press release, reporting on the registrant’s earnings for the three and six months ended June 30, 2026, a copy of which is attached as Exhibit 99.1 hereto, is incorporated herein by reference. Item 7.01. Regulation FD Disclosure On July 22, 2026, Northern Trust Corporation (the “Corporation”) will hold a live conference call and webcast to discuss financial results for the three and six months ended June 30, 2026 and other matters relating to the Corporation. …
An excerpt of the text as filed with the SEC, cut for length.
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