Northern Trust Corporation Reports Second Quarter Net Income of $260.7 Million, Earnings Per Common Share of $1.09
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UBS Cuts Price Target on Northern Trust (NTRS) to $69 Following 2Q
July 21, 2016 9:32 AM EDTUBS maintained a Neutral rating on Northern Trust (NASDAQ: NTRS), and cut the price target to $69.00 (from $74.00), following the company's 2Q earnings report. NTRS reported 2Q adjusted EPS of $1.06, in line with consensus.
Analyst Brennan Hawken commented, "On a fully phased basis NTRS's CET1... More
Jefferies Raises Price Target on Northern Trust (NTRS) to $71 Following 2Q
July 21, 2016 9:10 AM EDTJefferies reiterated a Hold rating on Northern Trust (NASDAQ: NTRS), and raised the price target to $71.00 (from $68.00), following the company's 2Q earnings report. Trust fees grew 2.7% Q-Q, helped by $7.5mm of fee waiver recapture. Expenses were higher-than-expected in 2Q, as outside services costs stepped... More
Northern Trust (NTRS) Raises Quarterly Dividend 5.6% to $0.38; 2.3% Yield
July 20, 2016 9:07 AM EDTNorthern Trust (NASDAQ: NTRS) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. This is a 5.6% increase from the prior dividend of $0.36.
The dividend will be payable on October 1, 2016, to stockholders of record on September 2, 2016, with an ex-dividend date of August 31,... More
Northern Trust (NTRS) Tops Q2 EPS by 3c
July 20, 2016 7:32 AM EDTNorthern Trust (NASDAQ: NTRS) reported Q2 EPS of $1.09, $0.03 better than the analyst estimate of $1.06. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.22 billion.
For earnings history and earnings-related data on Northern Trust (NTRS) click here.
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