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Northern Trust Newsroom

View from our Experts

Recent articles, multimedia or perspectives from our experts below. For information about a specific topic, see media contacts below.

Peter Yi

Many investors are jumping into small cap stocks seeking what we call “lottery ticket payoffs.” But we think this is a potential trap that investors need to be wary of. Head of Quantitative Strategies Michael Hunstad, Ph.D., explains.

More infections lead to more worry, while the commercial real estate and tourism sectors are put to the test.

Press Releases

Explore our press release archive for story ideas, fact-checking, research or data.

Executive Biographies

Michael G. O'Grady

Michael G. O'Grady

Chairman, President and Chief Executive Officer
Steven L. Fradkin

Steven L. Fradkin

President, Wealth Management
Peter B. Cherecwich

Peter B. Cherecwich

President of Asset Servicing
Shundrawn A. Thomas

Shundrawn A. Thomas

President, Asset Management

Fast Facts


As of March 31 2020, Northern Trust Corporation had:

$10.9trillion assets under custody/administration

$8.3trillion in assets under custody

$1.1trillion in assets under management

$162billion in banking assets

NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER EARNINGS PER DILUTED COMMON SHARE OF $1.55, RETURN ON AVERAGE COMMON EQUITY OF 13.4%
“The ongoing pandemic has brought health and economic challenges on an unprecedented global scale,” said Michael O’Grady, Chairman and Chief Executive Officer. “Our focus during this time has been on the safety of our staff, serving our clients, and supporting our communities. We have maintained mission critical services to our clients even as we transitioned the vast majority of our staff to a remote work environment. We have also continued our long-standing focus on supporting our communities, including facilitating loans through the Small Business Administration Paycheck Protection Program and providing philanthropic support to several nonprofit organizations around the world, beginning with those focused on immediate healthcare, food, and other humanitarian relief efforts.

Our performance this quarter generated revenue growth of 7%, earnings per share growth of 5%, and a return on average common equity of 13.4%. Our results for the quarter reflected the momentum we carried coming into the year, with the quarter’s performance only partially impacted by the pandemic. Turbulent times such as these show the importance of a strong capital base and liquidity profile to continue to support the activities of our clients. We are grateful for the dedication, professionalism and commitment our employees around the world have displayed in coming together to serve our clients and communities,” said Michael O’Grady, Chairman and Chief Executive Officer.

Recent Earnings and Trends


Q1 Earnings Report

First Quarter 2020 Earnings – Tuesday, April 21st at 8:00am CT

Q1 Trends Report

First Quarter 2020 Earnings – Tuesday, April 21st at 8:00am CT

Global Media Contacts

Doug Holt

Head of Global Corporate Communications
Chicago

+1 (312) 557-1571

North America Media Contacts

Alaina Kleinman

Wealth Management Media Relations
Chicago

+1 (312) 444-4065

John O'Connell

Asset Servicing Media Relations
Chicago

+1 (312) 444-2388

Tom Pinto

Asset Management Media Relations
New York

+1 (212) 339-7288

EMEA & APAC Media Contacts

Camilla Greene

Head of Media Relations, EMEA & APAC
London

+44 (0) 20 7982 2176

Marcel Klebba

Media Relations, EMEA & APAC
London

+44 (0) 20 7982 1994

 

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