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Welcome to the Northern Trust Newsroom
As of December 31 2022, Northern Trust Corporation had:
$13.6trillion assets under custody/administration
$10.6trillion in assets under custody
$1.3trillion in assets under management
$155billion in banking assets
NORTHERN TRUST CORPORATION REPORTS FOURTH QUARTER NET INCOME OF $155.7 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $0.71
“Northern Trust’s fourth quarter results reflected strong year-over-year growth in net interest income, which more than offset lower trust fees. Expense levels remained elevated as we continued to invest in people and technology to enhance our resiliency and support growth in the business. Reported results included $266 million in charges related to a repositioning of our securities portfolio and, in part, steps we are taking to optimize our cost base and drive greater efficiencies throughout the company. These actions underscore our commitment to improving our profitability. As we look ahead, we are focused on driving organic growth, improving our productivity and further strengthening our foundation.”
Q4 Earnings Report
Fourth Quarter 2021 Earnings – Thursday, January 20th at 11:00 a.m. (CT)
Q4 Trends Report
Fourth Quarter 2021 Earnings – Thursday, January 20th at 11:00 a.m. (CT)
Michael O'Grady is Chairman and Chief Executive Officer of Northern Trust, a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
Steven L. Fradkin serves as President of the Wealth Management business unit at Northern Trust and has been a member of the Corporation’s Management Committee since 2004.
Pete is an Executive Vice President and a member of Northern Trust’s Management Group in Chicago. Pete currently serves as the President of Northern Trust Asset Servicing.
EMEA & APAC Media Contacts
Camilla Greene
London
+44 (0) 20 7982 2176
Marcel Klebba
London
+44 (0) 20 7982 1994