Edition:
United Kingdom

Northern Trust Corp (NTRS.OQ)

NTRS.OQ on NASDAQ Stock Exchange Global Select Market

98.08USD
5:59pm GMT
Change (% chg)

$1.49 (+1.54%)
Prev Close
$96.59
Open
$97.15
Day's High
$98.22
Day's Low
$96.36
Volume
305,869
Avg. Vol
426,031
52-wk High
$99.66
52-wk Low
$81.92

Latest Key Developments (Source: Significant Developments)

Northern Trust Corporation reports third quarter net income of $298.4 million
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Northern Trust Corp :Northern Trust Corporation reports third quarter net income of $298.4 million, earnings per common share of $1.20.Q3 earnings per share $1.20.Q3 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.Northern Trust Corp qtrly return on average common equity was ‍12.2%​ versus 11.6% in Q2.Northern Trust Corp - total assets under management at quarter-end $‍1,125.1​ billion versus $1,028.8 billion at Q2-end.Northern Trust Corp - qtrly net interest income on FTE basis $ 366.2 million versus $310.1 million.Northern Trust Corp qtrly ‍total revenue on FTE basis was $1,357.2 million versus $1,220.7 million​.Q3 revenue view $1.34 billion -- Thomson Reuters I/B/E/S.Northern Trust Corp - quarter end advanced approach common equity tier 1 ratio 13.3 percent versus 13.2 percent at Q2 end.Northern Trust - ‍with 'value for spend' initiative, plan to reduce expense run-rate by approximately $250 million by 2020​.  Full Article

Northern Trust names Michael G. O'Grady CEO effective January 1, 2018
Tuesday, 17 Oct 2017 

Oct 18 (Reuters) - Northern Trust Corp :Northern Trust names Michael G. O'Grady chief executive officer, effective January 1, 2018.Northern Trust Corp - Frederick Waddell, chairman and chief executive officer, will be stepping down from his role as CEO on January 1, 2018​.Northern Trust Corp - ‍Waddell, who has served as chief executive officer since January 2008, will remain as chairman of board.  Full Article

Northern Trust says declared quarterly cash dividend of $0.42 per share
Wednesday, 19 Jul 2017 

July 18 (Reuters) - Northern Trust Corp :Northern trust announces increased quarterly dividend and stock repurchase authorization.Its board of directors has approved a new common stock repurchase authorization of up to 9.5 million shares.Northern trust corp - new repurchase authorization replaces authorization approved in april 2015.Northern trust corp - has declared a quarterly cash dividend of $0.42 per share on its common stock, payable on october 1, 2017.Northern trust corp qtrly dividend of $0.42 per share represents more than 10 percent increase from prior quarterly rate of $0.38 per share.  Full Article

Northern Trust raises quarterly dividend
Wednesday, 20 Jul 2016 

Northern Trust Corp : Northern trust announces increased quarterly dividend .Declared a quarterly cash dividend of $0.38 per share on its common stock ($1.66-2/3 par value), payable on october 1.  Full Article

Northern Trust Corp reports Q2 earnings per share $1.09
Wednesday, 20 Jul 2016 

Northern Trust Corp : Northern Trust Corporation reports second quarter net income of $260.7 million, earnings per common share of $1.09 . Q2 earnings per share $1.09 . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S . Says Q2 return on average common equity was 12.2%, compared to 12.8% in prior year quarter and 11.4% in prior quarter . Nonperforming loans and leases in current quarter were $152.2 million compared to $208.7 million in prior-year quarter . Qtrly net interest income $306.6 million versus $257.6 million . Total assets under management at Q2 end $906.2 billion versus. $900 billion at Q1 end . Northern Trust Corp Q2 revenue on FTE basis, $1.32 billion versus $1.26 billion last year . Assets under custody/administration totaled $8.12 trillion at June 30, 2016, up $189.5 billion, or 2%, from $7.93 trillion at March 31 .Advanced approach common equity tier 1 ratio at Q2 end 11.5 percent versus. 11.6 percent at Q1 end.  Full Article

Northern Trust names William Morrison vice chairman
Tuesday, 19 Jul 2016 

Northern Trust Corp : Northern trust names William L. Morrison vice chairman . President William L. Morrison has been appointed to a new role as vice chairman .Appointment will take effect October 1, 2016..  Full Article

Northern Trust announces proposed capital actions
Wednesday, 29 Jun 2016 

Northern Trust Corp : Northern Trust announces proposed capital actions . Northern Trust's 2016 capital plan provides for repurchase of up to $275 million of its common stock . Says to increase its quarterly common stock dividend to $0.38 per share from $0.36 per share, effective in Q3 of 2016 .Announced that federal reserve did not object to company's 2016 capital plan.  Full Article

Northern Trust dissolves passive stake in Global Ship Lease
Wednesday, 15 Jun 2016 

Northern Trust Corporation:Dissolves 10.69 pct passive stake in Global Ship Lease Inc as of February 29, 2016 - SEC filing.  Full Article

BRIEF-‍Northern Trust Company Increased Prime Rate To 4.50 Pct​

* NORTHERN TRUST CORP - ‍NORTHERN TRUST COMPANY HAS INCREASED ITS PRIME RATE FROM 4.25% TO 4.50%, EFFECTIVE THURSDAY, DECEMBER 14, 2017​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)