Northern Trust Q4 Earnings & Revenues Beat on Higher NII & Fee Income
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Northern Trust's Q4 earnings and revenues exceeded expectations due to higher net interest income (NII) and fee income. The company also saw an increase in assets under custody (AUC) and assets under management (AUM), along with improved credit quality.
January 23, 2025 | 5:45 pm
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Northern Trust's Q4 earnings surpassed expectations due to increased net interest income and fee income. The company also reported growth in AUC and AUM, and an improvement in credit quality.
The positive earnings report, driven by higher NII and fee income, along with growth in AUC and AUM, suggests a strong financial position for Northern Trust. Improved credit quality further supports a positive outlook, likely boosting investor confidence and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100