RBC Capital Upgrades Northern Trust (NTRS) to Outperform

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Go back to RBC Capital Upgrades Northern Trust (NTRS) to Outperform

Northern Trust Corporation Reports Fourth Quarter Net Income of $239.3 Million, Earnings Per Common Share of $0.99

January 20, 2016 7:39 AM EST

Full Year Net Income of $973.8 Million
Earnings Per Common Share of $3.99
Return on Average Common Equity of 11.5%

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation today reported fourth quarter net income per diluted common share of $0.99, up from $0.98 in the fourth quarter of 2014 and $0.96 in the third quarter of 2015. Net income was $239.3 million, compared to $244.0 million in the prior-year quarter and $234.6 million in the prior quarter. Return on average common equity was 11.1%, compared to 11.5% in the prior-year quarter and 10.9% in the prior quarter.

Net income per diluted common share for the full... More