Investor Relations
Financial information, news and reports for investors
Mark Bette
Senior Vice President, Director of Investor Relations
Briar Rose
Vice President, Investor Relations
2022 Annual Meeting of Stockholders of Northern Trust Corporation
Tuesday, April 26, 2022 10:30 a.m., Central Time
Q1 Earnings Report
First Quarter 2022 Earnings – Tuesday, April 26th at 8:00 a.m. (CT)
Q1 Trends Report
First Quarter 2022 Earnings – Tuesday, April 26th at 8:00 a.m. (CT)
As of March 31 2022, Northern Trust Corporation had:
$15.5trillion assets under custody/administration
$12.0trillion in assets under custody
$1.5trillion in assets under management
$173billion in banking assets
NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER NET INCOME OF $389.3 MILLION,
EARNINGS PER DILUTED COMMON SHARE OF $1.77
“Northern Trust
revenue increased 9% in the first quarter of 2022 versus last year and generated a
return on average common equity of 14.2%. The revenue growth compared to the prior
year reflected a 10% increase in trust, investment and other servicing fees and a
12% increase in net interest income, driven by organic growth across our businesses
and the benefits associated with rising short-term interest rates. Expense grew 8%
compared to the prior year, reflecting growth and investment in our business, as well
as inflationary pressures. This quarter’s performance resulted in positive fee
and total operating leverage compared to the prior year. Our performance this quarter
also reflected our continued focus on delivering exceptional service, product innovation
and solutions to our clients, while delivering long-term value to all stakeholders
by investing for future profitable growth.”