Northern Trust (NTRS) Tops Q1 EPS by 6c
Get Alerts NTRS Hot Sheet
EPS Growth %: -36.4%
Financial Fact:
Security Commissions and Trading Income: 20.4M
Today's EPS Names:
ESCA, LICT, NKSH, More
Join SI Premium – FREE
Northern Trust (NASDAQ: NTRS) reported Q1 EPS of $1.01, $0.06 better than the analyst estimate of $0.95. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.18 billion.
Trust, investment and other servicing fees were $748.2 million, up $20.7 million, or 3%, from $727.5 million in the prior-year quarter, primarily reflecting net new business and lower money market fee waivers, partially offset by the unfavorable impact of equity markets and movements in foreign exchange rates.
Assets under custody/administration (AUC/A) and assets under management are the primary drivers of the Corporation’s trust, investment and other servicing fees. Assets under custody/administration totaled $7.93 trillion at March 31, 2016.
For earnings history and earnings-related data on Northern Trust (NTRS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BayCom Corp (BCML) Misses Q1 EPS by 4c
- United Security Bancshares (UBFO) Reports Q1 EPS of $0.24
- Hilltop Holdings (HTH) Tops Q1 EPS by 17c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!