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As of September 30 2020, Northern Trust Corporation had:

NORTHERN TRUST CORPORATION REPORTS THIRD QUARTER NET INCOME OF $294.5 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.32
“Northern Trust continued to perform well amid the challenging interest rate environment,” said Michael O’Grady, Chairman and Chief Executive Officer. “Our performance in the quarter resulted in a return on average common equity of 10.5%. Noninterest revenue grew 3% compared to the prior year, while net interest income declined 21%, as we navigated the low interest rate environment. Assets Under Custody and Administration and Assets under Management performed well, ending the quarter at $13.1 trillion, up 13% and $1.3 trillion, up 9% from the prior year, respectively.  O’Grady added, “Our balance sheet and capital strength, which support our clients’ liquidity needs, continued to evidence resilience through the recent market turbulence. Throughout the shifting climate, we continue to focus on serving our clients and the communities of which we are a part with distinction, while continuing to drive efficiencies into our businesses and invest for future growth.”

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