Northern Trust (NTRS) Tops Q1 EPS by 7c

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Northern Trust Corporation Reports First Quarter Net Income of $230.7 Million, Earnings Per Common Share of $0.94

April 21, 2015 7:30 AM EDT

Earnings Per Common Share Increased 25% over Prior Year Quarter

Returned $185.7 Million in Capital to Common Stockholders

Return on Average Common Equity of 11.3%

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation today reported first quarter net income per diluted common share of $0.94, compared to $0.75 in the first quarter of 2014 and $0.98 in the fourth quarter of 2014. Net income was $230.7 million, compared to $181.4 million in the prior year quarter and $244.0 million in the prior quarter. Return on average common equity was 11.3%, compared to 9.3% in the prior year quarter and 11.5% in the prior... More