Northern Trust (NTRS) Misses Q4 EPS by 2c

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Northern Trust Corporation Reports Fourth Quarter Net Income of $266.5 Million, Earnings Per Common Share of $1.11

January 18, 2017 7:30 AM EST

Full Year Net Income of $1.03 Billion, Earnings Per Share of $4.32

Full Year Return on Average Common Equity of 11.9%

Full Year Revenue Growth of 6%

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation today reported fourth quarter net income per diluted common share of $1.11, compared to $0.99 in the fourth quarter of 2015 and $1.08 in the third quarter of 2016. Net income was $266.5 million, compared to $239.3 million in the prior-year quarter and $257.6 million in the prior quarter. Return on average common equity was 11.9%.

Net income per diluted common share for the full year was $4.32,... More