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As of March 31 2020, Northern Trust Corporation had:

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.