Northern Trust (NTRS) Reports In-Line Q3 EPS

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Northern Trust Corporation Reports Third Quarter Net Income of $234.6 Million, Earnings Per Common Share of $0.96 Increased 14%

October 21, 2015 7:30 AM EDT

Total Revenue Increased 7% over the Prior-Year Quarter
Returned $225.5 Million in Capital to Common Stockholders

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation today reported third quarter net income per diluted common share of $0.96, compared to $0.84 in the third quarter of 2014 and $1.10 in the second quarter of 2015. Net income was $234.6 million, compared to $204.5 million in the prior-year quarter and $269.2 million in the prior quarter. Return on average common equity was 10.9%, compared to 10.1% in the prior-year quarter and 12.8% in the prior quarter.

The prior quarter included a pre-tax gain on the sale of... More

Northern Trust Declares Quarterly Dividends for Common and Preferred Shares

October 20, 2015 4:45 PM EDT

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.36 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2016, to stockholders of record on December 4, 2015.

Northern Trust Corporation also declared a cash dividend of $365.625 per share of 5.85% Series C non-cumulative perpetual preferred stock... More