Northern Trust Corporation: Strong Q2 Results Expected
Northern Trust Corporation is rated BUY, benefiting from robust secular demand for custodian services and strong operating leverage. NTRS delivered 14% revenue and 43% EPS growth in 1Q26, driven by double-digit increases in servicing fees and net interest income. With a 100% payout ratio, solid Tier 1 capital, and recurring revenue, NTRS offers compelling capital returns and defensive industry positioning.