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Reach out to our Media Relations contacts listed below on the page for specific inquiries or contact our Media Relations team at Media_Relations@ntrs.com for general inquiries.

Welcome to the Northern Trust Newsroom

Press Releases

Explore our press release archive for story ideas, financial research or data.

‘Network Monitor’ Service Supports Clients’ Focus on Overseeing Appointed Intermediaries and Meeting Regulatory Responsibilities

Corporate News

2020 Annual Report: True North

In times of uncertainty, our clients have always looked to us-as a guide, as an ally, as the right path forward. And 2020 was no exception.

  

Fast Facts

As of March 31 2021, Northern Trust Corporation had:

$14.8trillion assets under custody/administration

$11.5trillion in assets under custody

$1.4trillion in assets under management

$164billion in banking assets

NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER NET INCOME OF $375.1 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.70
“Northern Trust’s asset and fee growth performed well as we continued to navigate through the operational and low interest rate challenges posed by the COVID-19 global pandemic. Revenue was consistent with the prior year, as declines in net interest income and trading related revenue were offset by a 6% increase in trust, investment and other servicing fees, primarily driven by organic growth. In support of our growth, expense increased 5%. Our strong capital base and liquidity position enabled us to support the needs of our clients, and this was demonstrated further during the quarter as we saw continued growth in client activity. The quarter also benefited from an improved outlook in projected economic conditions driving a release of reserves for credit losses, all of which combined to achieve 4% growth in net income and 9% growth in diluted earnings per common share versus last year and a return on average common equity of 13.7%. Performance reflected continued excellent work by Northern Trust employees worldwide to serve the needs of our clients. We continued to focus on enhancing efficiency and investing for future profitable growth.”

  

Recent Earnings and Trends

Q1 Earnings Report

First Quarter 2021 Earnings – Tuesday, April 20th at 8:00am CT

Q1 Trends Report

First Quarter 2021 Earnings – Tuesday, April 20th at 8:00am CT

  

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

  

Top Insights

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

Jim McDoanld

We think the critical issue – beyond inflation – in the coming months will be the successful passing of the baton from government stimulus supporting growth to private demand as the driver. Chief Investment Strategist Jim McDonald explains.

Mike Hunstad

Value and small cap stocks continued to outperform in May, this time driven by earnings growth rather than interest rates. Head of Quantitative Strategies Michael Hunstad, Ph.D., explains how this shift to fundamentals could spark more momentum for these stocks as economic growth accelerates.

  

  

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

Learn More About Northern Trust

Our core principles — service, expertise and integrity — have remained constant for over 130 years, guiding Northern Trust's evolution from a new bank in the growing Chicago of 1889 to a multi-faceted global financial services provider.