Northern Trust (NTRS) Tops Q2 EPS by 5c

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Go back to Northern Trust (NTRS) Tops Q2 EPS by 5c

Northern Trust Corporation Reports Second Quarter Net Income of $269.2 Million, Earnings Per Common Share of $1.10

July 22, 2015 7:30 AM EDT

Increased Quarterly Cash Dividend 9% to $0.36 Per Common Share

Returned $182.0 Million in Capital to Common Stockholders

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation today reported second quarter net income per diluted common share of $1.10, compared to $0.75 in the second quarter of 2014 and $0.94 in the first quarter of 2015. Net income was $269.2 million, compared to $181.9 million in the prior-year quarter and $230.7 million in the prior quarter. Return on average common equity was 12.8%, compared to 9.2% in the prior-year quarter and 11.3% in the prior quarter.

The current quarter includes a pre-tax gain on the sale of 1.0... More