Reports Q3 revenue $1.98B, consensus $1.88B. Reports Q3 book value per share $59.85. Reports Q3 CET1 capital ratio 12.6%. The company said, “Northern Trust’s (NTRS) third quarter results reflect continued momentum across our businesses. Trust fees increased 8% and net interest income grew 21%, both as compared to the prior-year quarter. Excluding notables, earnings per share grew 32% and we returned more than $450 million to shareholders. Importantly, we generated positive trust fee and total operating leverage while continuing to make significant investments in our businesses and infrastructure.”
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