Wealth management assets under custody/administration reached $1.297 trillion at the end of December 2025, rising 13 per cent. Wealth management assets under management rose 13 per cent to $507 million.

On the trust, investment and other servicing fees side, the wealth side generated a 6 per cent year-over-year rise to $577.8 million in the fourth quarter of last year.

Average wealth management deposits stood at $92.6 billion in Q4 2025, a rise of 6 per cent.

Noninterest costs rose 9 per cent to $1.497 billion; total revenue rose by 8 per cent to $2.135 billion.

Earnings allocated to common and potential common shares rose 2 per cent to $457 million, the US-listed group said in a statement. 

At the end of last year, Northern Trust said it had a Common Equity Tier 1 ratio of 12.6 per cent, up from 12.4 per cent a year before. The ratio is a standard international yardstick of a bank’s capital shock absorber.