Media Resources
Northern Trust Newsroom
September 16, 2019
The European Central Bank announced aggressive moves last week to fight slow growth and low inflation. Chief Investment Strategist EMEA & APAC Wouter Sturkenboom gives our take on what this means for investors globally.
September 13, 2019
Can central banks mitigate the effect of trade conflicts?
September 18, 2019
The Northern Trust Company has decreased its Prime rate from 5.25% to 5.00%, effective Thursday, September 19, 2019.
September 18, 2019
Northern Trust Corporation (Nasdaq: NTRS) announced today that Chief Financial Officer S. Biff Bowman will step down from his role as CFO effective January 1, 2020, and retire from Northern Trust on February 28, 2020.
As of June 30 2019, Northern Trust Corporation had:
$11.3trillion assets under custody/administration
$8.5trillion in assets under custody
$1.2trillion in assets under management
$127billion in banking assets
NORTHERN TRUST CORPORATION REPORTS SECOND QUARTER NET INCOME OF $389.4
MILLION, EARNINGS PER COMMON SHARE OF $1.75
“Northern Trust performed
well in the second quarter of 2019 despite the impact of a mixed global macroeconomic
environment. Net income was flat versus the prior-year quarter and improved 12% on
a sequential-quarter basis, as revenue grew 2% and expense declined by 2%. We continued
to have success in generating organic growth across our businesses, while also driving
improved efficiencies. We generated a return on common equity of 15.9% during the
quarter and returned $402 million to common shareholders through dividends and the
repurchase of 2.9 million shares. During the quarter we announced our 2019 Capital
Plan actions, which include increasing our quarterly dividend by 17% to $0.70 per
share and the flexibility to repurchase up to $1.4 billion of common stock. We believe
the capital distributions included in our plan demonstrate the strength of Northern
Trust’s focused business model and balance sheet, as well as our commitment
to shareholders,” said Michael O’Grady, Chairman and Chief Executive Officer.
Q2 Earnings Report
Second Quarter 2019 Earnings - Wednesday, July 24th at 9am CT
Q2 Trends Report
Second Quarter 2019 Trends - Wednesday, July 24th 2019
Global Media Contacts
Doug Holt
Chicago
+1 (312) 557-1571
North America Media Contacts
Alaina Kleinman
Chicago
+1 (312) 444-4065
John O'Connell
Chicago
+1 (312) 444-2388
Tom Pinto
New York
+1 (212) 339-7288
EMEA & APAC Media Contacts
Camilla Greene
London
+44 (0) 20 7982 2176
Marcel Klebba
London
+44 (0) 20 7982 1994
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