Media Resources
Northern Trust Newsroom
April 6, 2020
The painful economic costs of COVID-19 in the U.S. are now becoming clear. But there is good reason to be hopeful despite the current hardship. CIO Bob Browne explains.
April 3, 2020
Many consumers entered the crisis with no cushion.
April 1, 2020
Meeting will be held in virtual-only format
As of December 31 2019, Northern Trust Corporation had:
$12.1trillion assets under custody/administration
$9.2trillion in assets under custody
$1.2trillion in assets under management
$137billion in banking assets
NORTHERN TRUST CORPORATION REPORTS FOURTH QUARTER EARNINGS PER DILUTED
COMMON SHARE OF $1.70, RETURN ON AVERAGE COMMON EQUITY OF 14.8%
“Northern
Trust’s performance in the fourth quarter of 2019 generated year-over-year revenue
growth of 3% and a return on average common equity of 14.8%. Our full year performance
continued to exhibit foundational strength, as we executed on a number of growth strategies
while continuing to advance our data and digital efforts and improve our productivity.
We also continued to grow assets as a result of favorable markets and organic growth.
Assets under Custody and Administration ended the year at $12.1 trillion, up 19% from
the prior year, while Assets under Management ended the year at $1.2 trillion, up
15% from the prior year. During 2019, we returned a record $1.7 billion to common
shareholders through dividends and the repurchase of 11.8 million shares. As we enter
2020, we remain focused on providing our clients with exceptional service and expertise,
driving efficiencies in our business, and investing for future growth,” said
Michael O’Grady, Chairman and Chief Executive Officer.
Q4 Earnings Report
Fourth Quarter 2019 Earnings – Wednesday, January 22nd 2020 at 9:00am CT
Q4 Trends Report
Fourth Quarter 2019 Earnings – Wednesday, January 22nd 2020 at 9:00am CT
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
Supported by unparalleled implementation, leading-edge technology and diligent oversight, our customizable solutions go beyond servicing and safekeeping fundamentals to optimize operational efficiency and manage risk.
As a leading global asset manager, we create innovative and efficient strategies to help you seize opportunities and realize your most intricate investment goals.
With our holistic and consultative approach, we uncover and navigate new opportunities that help you make the most of your wealth – for now, and for generations to come.