Northern Trust (NTRS) Revenue — Quarter Ended Jun 30, 2024
The company reported an increase in revenue for the quarter compared to the prior period. Revenue also grew compared to the same quarter a year earlier, indicating sustained momentum.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
The company reported an increase in revenue for the quarter compared to the prior period. Revenue also grew compared to the same quarter a year earlier, indicating sustained momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
+2.0%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.1B | +3.1% |
| Dec 31, 2023 | $1.1B | +4.6% |
| Mar 31, 2024 | $1.1B | +7.5% |
| Jun 30, 2024 | $1.2B | +6.4% |
Revenue performance
Revenue rose on both a sequential and year-over-year basis. The positive trend from recent quarters continued.
Quarterly comparison
Revenue increased moderately from the immediately preceding quarter and showed a more pronounced rise compared to the same quarter last year.
What to watch
The sustainability of this revenue growth trajectory will be a key area to monitor in upcoming quarters.