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Welcome to the Northern Trust Newsroom
CEO Michael O'Grady on CNBC's The Exchange
Mike O’Grady, Northern Trust Chairman and CEO, joined CNBC’s The Exchange to discuss the current market environment, client activity and the firm’s continued growth.
Explore our press release archive for story ideas, financial research or data.
Fast Facts
As of September 30, 2026, Northern Trust Corporation had:
trillion assets under custody/administration
trillion in assets under custody
trillion in assets under management
billion in banking assets
NORTHERN TRUST CORPORATION REPORTS THIRD QUARTER NET INCOME OF $642.9 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $3.40
Northern Trust delivered strong third-quarter results, demonstrating continued progress against our One Northern Trust strategy. Compared to the prior year and excluding notable items, revenues grew 11%, while disciplined expense management generated more than 600 basis points of positive operating leverage. As a result, pretax income increased 21% and earnings per share increased 40%. All three businesses delivered organic trust-fee growth, reflecting strong execution across the company. Market conditions continued to evolve but remained constructive overall. Our diversified business model positions us to perform across a range of environments. Our strong capital position enabled us to return more than $1.5 billion to common shareholders year to date. As we enter the final quarter of the year, we remain focused on supporting our clients, investing in growth and delivering sustainable long-term value to shareholders.
Recent Earnings and Trends
Q3 Earnings Report
Third Quarter 2026 Earnings – Wednesday, October 21 at 8:00 a.m. (CT)
Q3 Trends Report
Third Quarter 2026 Earnings – Wednesday, October 21 at 8:00 a.m. (CT)
Executive Biographies
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.
Pete is an executive vice president and the bank's chief operating officer, a role he assumed in October 2024.
Steve is vice chairman of Northern Trust with responsibility for the operationalization of the corporation’s One Northern Trust growth strategy, one of three corporate-wide priorities, in addition to managing other strategic initiatives.
Clive is co-president of Asset Servicing and president for Europe, the Middle East and Africa (EMEA) at Northern Trust.
Guy is co-president of Asset Servicing, and global head of Institutional Banking & Markets.
Aengus Hallinan is an executive vice president and chief risk officer of Northern Trust with responsibility for overseeing risk management policies, frameworks, strategy and programs to ensure the company operates within its risk appetite and effectively manages financial and non-financial risks in compliance with global regulatory requirements.
Michael Hunstad is President of Northern Trust Asset Management (NTAM), where he is responsible for developing long-term business strategies, delivering world-class investment solutions and services for its clients, cultivating strategic relationships, and developing talented investment professionals.
Susan C. Levy is Executive Vice President, General Counsel and Corporate Secretary of Northern Trust, a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. She is a member of the corporation’s Management Group.
Melanie is chief transformation officer at Northern Trust, leading firmwide initiatives that accelerate innovation and adapt to market changes.
Thomas A. South is an executive vice president at The Northern Trust Company, Chicago. Tom was appointed Executive Vice President, Chief Information Officer in September 2018, responsible for the global strategic vision and execution for Information Technology in support of the business functions to deliver the technology capabilities and solutions.
Alex is an executive vice president and the chief administrative officer for Northern Trust.
Jason is an executive vice president and president of Wealth Management, which offers holistic wealth management services for affluent individuals, families, family offices, foundations, endowments and privately held businesses.
Top Insights
Recent articles, multimedia or perspectives from our experts below. For information about a specific topic, see media contacts below.
General Inquiries
Laura Hayes
lh232@ntrs.com
EMEA & APAC Media Contacts
Camilla Greene
London
camilla.greene@ntrs.com
Simon Ansell
London
simon.ansell@ntrs.com