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Explore our press release archive for story ideas, financial research or data.
As of March 31 2024, Northern Trust Corporation had:
trillion assets under custody/administration
trillion in assets under custody
trillion in assets under management
billion in banking assets
NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER NET INCOME OF $392.0 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.90
“Northern Trust generated its third consecutive quarter of positive operating leverage in the first quarter of 2025 driven by mid-single digit growth in both trust fees and net interest income relative to the prior year, while effectively managing expenses. EPS excluding prior-year notables increased 13% and we generated a return on common equity of 13%, both while boosting capital levels meaningfully and returning $435 million to shareholders. These results demonstrate the strength of our One Northern Trust strategy and the resilience of our business model.
As we enter the second quarter, we remain well-positioned to navigate a wide range of evolving macroeconomic and market scenarios, allowing us to act as a source of strength for clients, while pressing ahead with our strategic priorities.”
Q1 Earnings Report
First Quarter 2025 Earnings – Tuesday, April 22nd at 8:00 a.m. (CT)
Q1 Trends Report
First Quarter 2025 Earnings – Tuesday, April 22nd at 8:00 a.m. (CT)
Michael O'Grady is Chairman and Chief Executive Officer of Northern Trust, a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
Pete is an executive vice president and the bank's chief operating officer, a role he assumed in October 2024.
Steve is vice chairman of Northern Trust with responsibility for the operationalization of the corporation’s One Northern Trust growth strategy, one of three corporate-wide priorities, in addition to managing other strategic initiatives.
Daniel is president of Northern Trust Asset Management (NTAM), one of the world’s largest investment managers with approximately $1 trillion of assets under management.
Clive Bellows is president for Europe, Middle East and Africa (EMEA), responsible for Northern Trust’s business and regulatory affairs in the region. He is also a member of Northern Trust Corporation’s Management Group.
Mark C. Gossett is executive vice president and chief risk officer at Northern Trust, a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. He is a member of the corporation’s Management Group.
Jane Karpinski is an executive vice president at Northern Trust and Global Head of Regulatory Affairs, a role she assumed in December 2023.
Susan C. Levy is executive vice president and general counsel of Northern Trust, a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. She is a member of the corporation’s Management Group.
Teresa is an executive vice president and serves as president of Northern Trust’s Asset Servicing business, where she oversees services for sophisticated institutional clients globally.
Thomas A. South is an executive vice president at The Northern Trust Company, Chicago. Tom was appointed Executive Vice President, Chief Information Officer in September 2018, responsible for the global strategic vision and execution for Information Technology in support of the business functions to deliver the technology capabilities and solutions.
Alex is an executive vice president and the chief administrative officer for Northern Trust.
Jason is an executive vice president and president of Wealth Management, which offers holistic wealth management services for affluent individuals, families, family offices, foundations, endowments and privately held businesses.
Global Media Contacts
Doug Holt
Chicago
doug.holt@ntrs.com
North America Media Contacts
John O'Connell
Chicago
john.o'connell@ntrs.com
Joanne Zalatoris
Chicago
joanne.zalatoris@ntrs.com
Landis Cullen
Chicago
landis.cullen@ntrs.com
EMEA & APAC Media Contacts
Camilla Greene
London
camilla.greene@ntrs.com
Simon Ansell
London
simon.ansell@ntrs.com