Northern Trust reported a strong second quarter of 2026, with net income of $792.2 million and a 13% year-over-year
revenue increase, driven by growth in trust fees, net interest income, and capital markets revenues. The company
recognized a $525 million pre-tax gain from the Visa Class B common stock exchange offer and incurred approximately $220
million in restructuring charges. Northern Trust highlighted robust performance in wealth management and asset
servicing, attributing success to a diversified business model, disciplined expense management, and strategic
investments in AI and specialized offerings like Global Family Office solutions.