Northern Trust beats by $0.16, beats on revs
- Reports Q1 (Mar) earnings of $1.58 per share, $0.16 better thanthe Capital IQ Consensus of $1.42; revenues rose 14.8% year/year to $1.48 bln vs the $1.45 bln Capital IQ Consensus. Net interest income on an FTE basis decreased slightly compared to the prior quarter, primarily resulting from a lower net interest margin, partially offset by an increase in earning asset.
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