Northern Trust reports Q3 profit of $642.9 million and raises dividend

Northern Trust reported third-quarter 2026 net income of $642.9 million, or $3.40 per diluted share, on October 21, down from $792.2 million and $4.23 per share in the second quarter but up from $457.6 million and $2.29 per share a year earlier. Revenue rose 13% year over year to $2.30 billion, including $48.7 million in favorable pre-tax items, while the company returned $514.2 million to common shareholders through $161.9 million of dividends and $352.3 million of share repurchases and increased its quarterly dividend to $0.88 per share.