Northern Trust

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the following segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services and private and business banking. The company was founded in 1971 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Northern Trust reports Q4 growth amidst fee challenges and opportunities

Northern Trust's Q4 2022 showed mixed results with revenue growth but challenges in fee income.
The company is focusing on driving efficiencies and productivity to counter expense growth.
Opportunities lie in NII growth, technology investments, and potential buybacks.
Wealth management faces outflows and fee reductions but sees positive client flows.

Northern Trust reports solid Q1 earnings amidst market challenges

Northern Trust showcased strong financial performance in Q1 2023, with a focus on client needs and maintaining liquidity.
The company faces challenges in managing expenses and investment management fees but sees opportunities in client engagement and pricing strategies.
Anticipated decrease in net interest income in the second quarter highlights the need for flexibility in navigating market conditions.
Overall, Northern Trust's emphasis on stability, growth, and expense management positions it well for future opportunities.

Northern Trust reports solid Q2 results amidst market challenges

Northern Trust's Q2 performance reflects growth in key segments, disciplined expense management, and a focus on enhancing client engagement.
While facing challenges from external factors, the company is strategically positioned to drive financial ratios through organic growth and cost control.
Opportunities lie in optimizing funding strategies, managing balance sheet volatility, and navigating potential risks for sustained performance.

Northern Trust reports solid Q3 performance amidst evolving market challenges

Northern Trust's Q3 2023 earnings call highlighted solid performance in trust fees and expenses, growth in key business segments, and a focus on productivity and cost-saving measures. The company addressed challenges related to NII decline, budgeting in a changing environment, and competition.
Opportunities lie in reinvestment strategies, adapting to market dynamics, and optimizing the balance sheet for future growth. Northern Trust remains proactive in managing expenses, defending deposits, and navigating the evolving financial landscape.

Northern Trust reports solid Q4 performance and eyes organic growth

Northern Trust's Q4 performance showcased strong revenue, expense control, and positive inflows in key segments, underpinned by efficient operating practices and strategic investments.
While challenges like deposit pricing pressure and expense growth persist, the company's focus on disciplined management and scalable growth positions it well for sustainable success.
With a robust capital position, a focus on shareholder returns, and a strategic outlook for 2024, Northern Trust is poised to capitalize on organic growth opportunities and navigate market uncertainties effectively.

Northern Trust reports strong Q1 earnings, eyes growth opportunities

Northern Trust's Q1 2024 performance reflects strong financial results driven by fee-based businesses, strategic wins in Asset Servicing, and growth in Wealth Management assets under management.
While challenges in managing expenses and predicting NII persist, the company's focus on efficiency, fee operating leverage, and disciplined expense management positions it well for future growth.
Opportunities lie in investing in organic growth, enhancing operational efficiency, and leveraging fee-based revenue streams to drive sustainable profitability and navigate market uncertainties.
Overall, Northern Trust's solid financial performance, strong capital position, and focus on operational efficiency underscore its resilience and potential for long-term value creation.

Northern Trust reports robust Q2 earnings, eyes growth opportunities

Northern Trust delivered a strong second quarter performance driven by a significant pretax gain, growth in trust fees, and positive asset management results, showcasing operational excellence and strategic focus.
While maintaining strong capital levels and regulatory ratios, the company faces challenges in managing expenses and navigating interest rate fluctuations, requiring a focus on cost efficiency and risk mitigation.
With opportunities to expand Wealth Management, enhance asset servicing capabilities, and explore new markets, Northern Trust can capitalize on its strengths to drive future growth and shareholder value.

Northern Trust reports robust Q3 performance and focuses on growth

Northern Trust's Q3 2024 performance showcased strong financial metrics and operational excellence across its business segments, underlining its competitive position in the market.
While facing challenges related to expense management amidst growth initiatives, the company's strategic focus on efficiency and client relationships presents opportunities for sustained growth and value creation.
With a solid capital return to shareholders and a clear vision for the future, Northern Trust remains well-equipped to navigate market dynamics and deliver long-term shareholder value.

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Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the Asset Servicing and Wealth Management segments. The Asset Servicing segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services and private and business banking. The company was founded in 1971 and is headquartered in Chicago, IL.

Northern Trust (NTRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Northern Trust Corporation (NTRS) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been appointed by Valverde Investment Partners Pte Ltd. (Valverde) to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based, independent investment management firm specializing in ASEAN equities. The VCC launch and its sub-fund, Va.

Valverde Investment Partners Appoints Northern Trust to Provide Asset Servicing Solutions for its VCC Fund

CHICAGO--(BUSINESS WIRE)--Northern Trust has released its latest Sustainability Report, highlighting efforts to create better and more sustainable futures for our clients, employees, shareholders, communities and the world we live in. “Ethical business practices, risk identification and mitigation and caring for our communities are fundamental to our core strategy as a responsible business,” Chairman and Chief Executive Officer Michael O'Grady and Kimberly Evans, Head of Corporate Sustainabilit.

Northern Trust Releases Sustainability Report

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). Based on the 2024 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2024, to September 30, 2025, and will equate to a minimum comm.

Northern Trust Corporation announces 2024 Stress Capital Buffer

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it has been selected by Canada Life Asset Management (CLAM), for asset servicing solutions including middle office outsourcing, global custody, securities lending, fund administration and depositary services. Northern Trust's appointment consolidates the provision of all CLAM middle office solutions with a single service provider and includes the provision of both investment book of record and data solutions. Headquartered i.

Canada Life Asset Management Appoints Northern Trust for Asset Servicing Solutions

TOKYO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, today announces it has appointed Naoto Komoro to lead its asset management business in Japan. Komoro will also continue in his current role as Head of Institutional Client Group, Japan and becomes Representative Director and Chair of the Board of NTGI, subject to regulatory approval. Effective immediately, Komoro will rep.

Northern Trust Asset Management Announces Naoto Komoro as Head of Japan Office

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today that David Abner is joining as Head of Global ETFs and Funds. Abner will oversee NTAM's mutual fund and ETF product strategy, research and development, product management, and capital markets, as well as fund services oversight and treasury functions. NTAM has more than $230 billion in assets under manag.

Northern Trust Asset Management Names Head of Global ETFs and Funds

MIAMI--(BUSINESS WIRE)--Northern Trust announced today that John Coates has joined the Foundation & Institutional Advisors (FIA) practice as Senior Vice President, Senior Portfolio Advisor in Miami, where he will provide investment solutions to the firm's foundation, endowment and institutional nonprofit clients. John was most recently a Senior Portfolio Advisor for PNC Institutional Asset Management for nine years where he also managed nonprofit and corporate client relationships. He provi.

Northern Trust Strengthens Foundation & Institutional Advisors Practice in the Southeast

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CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its second quarter 2024 earnings conference call on Wednesday, July 17, 2024. The live webcast, earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 8:30 a.m. (CT), following the release that morning of Northern Trust's second quarter 2024 earnings press release. A replay of the webcast will be available for approximately f.

Northern Trust Corporation to Webcast Second Quarter 2024 Earnings Conference Call

MELBOURNE, Australia--(BUSINESS WIRE)-- #assetmanagement--Northern Trust has expanded its relationship with NZ Super Fund to provide data services via its Data Warehouse Solutions offering.

New Zealand Superannuation Fund Selects Northern Trust to Provide Data Warehouse Solutions

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today that Hugh Ansty, CFA, has joined as Head of Strategic Accounts, Intermediary. In this role, Ansty will lead sales and client relationship strategy in the intermediary market for NTAM's Wealth Client Group. He holds a key leadership role on the team responsible for deepening client relationships, expandin.

Northern Trust Asset Management Names Head of Strategic Accounts, Intermediary

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today the appointment of Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE Group, Inc., the world's largest commercial real estate services and investment firm. She previously served as Chief Executive Officer of the firm's Global Workplace Solutions (GWS) business segment, overseeing the delivery of services including facilities management, project management and transaction services.

Northern Trust Names Chandra Dhandapani to Board of Directors

LUXEMBOURG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it is providing Partners Group (SIX Swiss Exchange: PGHN) with fund accounting, transfer agency, depositary and corporate secretarial services for its new European Long Term Investment Fund (ELTIF)-compliant Private Equity ELTIF Evergreen Fund. Founded in 1996 and based in Switzerland, Partners Group is a leading global private markets firm with US$147 billion of assets under management (as of 31 December 2023). It seeks.

Partners Group Selects Northern Trust to Provide Asset Servicing Solutions for its Private Equity ELTIF Evergreen Fund

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chief Financial Officer Jason Tyler and Wealth Management President Steven L. Fradkin will participate in the Morgan Stanley 2024 U.S. Financials, Payments & Commercial Real Estate Conference in New York City on Tuesday, June 11th, 2024, at 4:00 p.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for a.

Northern Trust Leaders to Participate in Morgan Stanley 2024 U.S. Financials, Payments & CRE Conference on June 11th

MELBOURNE, Australia--(BUSINESS WIRE)-- #assetmanagement--Northern Trust will provide asset servicing solutions to Equip Super, a leader in the Australian Superannuation industry.

Equip Super Completes Transition to Northern Trust for Asset Servicing Solutions

HOUSTON--(BUSINESS WIRE)--Northern Trust announced today that Ryan McCauley was promoted to Senior Managing Director for the Foundation & Institutional Advisors (FIA) practice in the West Region. In this role, McCauley will lead a team focused on working with foundations, endowments and nonprofit institutions in the development of innovative, comprehensive and customized solutions to meet the diverse goals and needs of its clients. McCauley joined Northern Trust in 2017. Prior to his curren.

Northern Trust Names Ryan McCauley Senior Managing Director of the Foundation & Institutional Advisors Practice in the West

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Firefighters' Retirement System of Louisiana appointed Northern Trust to provide asset servicing and data analytics capabilities for the fund.

Northern Trust Appointed as Custodian for Firefighters' Retirement System of Louisiana

LONDON--(BUSINESS WIRE)--Northern Trust has been appointed by Nest as the new fund administrator, helping the pension scheme coordinate its investments across its diversified portfolio. Through the newly awarded contract, Northern Trust will provide key services for Nest's investment strategy, including custody, asset allocation and rebalancing, and performance measurement. The new partnership will oversee substantial growth in Nest, with the scheme forecast to pass £100bn AUM in 2030. This con.

Nest appoints Northern Trust as Fund Administrator and Custodian

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SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for New Silk Road Investment Pte Ltd., a Singapore-based investment manager. Founded in 2009, New Silk Road invests in Asian companies with the goal to achieve long-term returns. In addition to the new remit for trading services, Northern Trust continues to provide global custody services for New Silk Road funds which it has.

New Silk Road Investment Appoints Northern Trust to Provide Outsourced Trading Solutions

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The Cornerstone mandate highlights the growth momentum of Northern Trust's Investment Data Science (IDS) product suite, of which EDS is a key partner.

Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities

CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from the Financial Times and PWM's Wealth Tech Awards: Best Private Bank in the US for Digital Wealth Planning, and Best Digital Innovator of the Year in the US. The Wealth Tech Awards recognize and celebrate technology innovation in the wealth management industry. The awards highlight companies and products that use technology to enhance client experience, streamli.

Northern Trust Named Best Private Bank in U.S. for Digital Wealth Planning, Best Digital Innovator of the Year in U.S.

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CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter.

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