Northern Trust Corporation Announces 2026 Stress Capital Buffer and 10 percent Dividend Increase
CHICAGO – Northern Trust Corporation today commented on the results of the Federal Reserve’s 2026 Comprehensive Capital Analysis and Review (CCAR).
“The Federal Reserve’s annual CCAR stress tests confirmed the strength of our capital position and business model,” Chairman and Chief Executive Officer Michael O’Grady said. “These results reinforce our capital deployment priorities of investing in our franchise and returning capital to shareholders over time — reflecting our continued commitment to delivering long-term value for shareholders.”
On February 4, 2026, the Federal Reserve provided notice that Northern Trust will remain subject to its 2025 stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation. The 2025 SCB will remain effective until September 30, 2027, and will equate to a minimum common equity tier 1 (CET1) ratio of 7 percent.
Northern Trust evaluates its planned capital actions, inclusive of its quarterly cash dividend on common stock, at each quarterly board of directors’ meeting. At the July 2026 meeting, Northern Trust will propose an increase of $0.08/share to its quarterly cash dividend on common stock, subject to approval by its board of directors.
Northern Trust will continue to take an opportunistic, considerate approach to common stock repurchases.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2026, Northern Trust had assets under custody/administration of US$18.6 trillion, and assets under management of US$1.8 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.