Northern Trust (NTRS) Tops Q1 EPS by 2c

Northern Trust (NASDAQ: NTRS) reported Q1 EPS of $1.09, $0.02 better than the analyst estimate of $1.07.

1Q Highlights:

• Assets under management $1.00b
• 1Q non-interest expenses $894.5m
• 1Q return on avg. equity 11.6%
• 1Q return on avg. assets 0.96%
• 1Q effective tax rate 29.4%
• 1Q trust, investment & other servicing fees $808.2m
• 1Q provision for credit losses $1.0m

For earnings history and earnings-related data on Northern Trust (NTRS) click here.

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