Investor Relations
Financial information, news and reports for investors

Jennifer Childe
Senior Vice President, Director of Investor Relations

Briar Rose
Vice President, Investor Relations
Q2 Earnings Report
Second Quarter 2022 Earnings – Wednesday, July 20th at 9:00 a.m. (CT)
Q2 Trends Report
Second Quarter 2022 Earnings – Wednesday, July 20th at 9:00 a.m. (CT)
As of June 30 2022, Northern Trust Corporation had:
$13.7trillion assets under custody/administration
$10.7trillion in assets under custody
$1.3trillion in assets under management
$172billion in banking assets
NORTHERN TRUST CORPORATION REPORTS SECOND QUARTER NET INCOME OF $396.2
MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.86
"Northern Trust
delivered a solid second quarter financial performance, including revenue growth of
12%, earnings per share growth of 8%, both compared to the prior year, and return
on average common equity of 15.7%. The elimination of fee waivers and our continued
new business generation contributed to a 6% increase in trust, investment and other
servicing fees, while rising interest rates drove a 37% increase in net interest income.
Expenses grew 9%, reflecting growth and investment in our business, coupled with continued
inflationary pressures. This combination resulted in three points of positive operating
leverage compared to the prior year. As announced yesterday, our Board of Directors
increased our dividend 7% to $0.75 per share for the third quarter, reflecting the
strength of our balance sheet and capital position. As we look to the second half
of the year, we remain focused on serving our clients, executing on our long-term
growth priorities, and investing prudently for the future."