$NTRS (Northern Trust Corporation)

$NTRS {{ '2015-07-22T17:16:59+0000' | timeago}} • Webcast

$NTRS 2Q15 Call: Increased common dividend by 9% to $0.36 per common share and returned $182MM to common shareholders through dividends and stock repurchases. Repurchased 1.3MM shares at a cost of $97MM. Expenses were $855MM, up 5% YoverY and 8% sequentially. Staff levels increased approx. 4% YoverY.

$NTRS {{ '2017-07-19T16:34:50+0000' | timeago}} • Webcast

$NTRS expects its actions taken in 2Q17 for profitability improvement to yield annual ongoing savings of about $18MM on full implementation. The company continues to expect the closing of the acquisition of UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland to close before year end FY17.

$NTRS {{ '2017-07-19T14:30:21+0000' | timeago}} • Announcement

Riding on the crest of a strong growth in client assets wave, $NTRS' total assets under custody/administration at $9,294.2Bil spiked by 15% and total assets under management swelled by a robust 14% at $1,028.8Bil. The total revenue for the company was flat at $1,330.1MM for 2Q17 in comparison to $1,323.6MM in the same period last year.

$NTRS {{ '2017-07-19T14:20:21+0000' | timeago}} • Announcement

Backed by a rise in total fees and net interest income, $NTRS logged a net income of $267.9MM or diluted EPS of $1.12 in 2Q17 compared to $263MM or $1.10 in the prior-year quarter. Trust, investment and other servicing fees grew by 9% at $848.2MM and net interest income, on an FTE basis, shot up by 14% at $350.4MM in the quarter.

$NTRS {{ '2017-04-25T12:15:20+0000' | timeago}} • Announcement

$NTRS' total stockholders' equity averaged $9.8Bil, up 13% from last year's average of $8.7Bil. The increase was primarily attributable to the issuance of preferred stock and earnings, partially offset by dividend declarations and the repurchase of common stock pursuant to its share repurchase program.

$NTRS {{ '2017-04-25T12:12:43+0000' | timeago}} • Announcement

$NTRS' assets under custody/administration and assets under management ended 1Q17 up 13% and 11%, respectively, compared to a year ago, primarily driven by higher markets and its continued success in winning new business.

$NTRS {{ '2017-04-25T12:11:33+0000' | timeago}} • Announcement

$NTRS reported a 13% rise in 1Q17 earnings as strong growth in trust, investment and other servicing fees and net interest income drove revenue higher. Net income rose to $276.1MM or $1.09 per share from $245.4MM or $1.03 per share last year. Revenue grew 8% to $1.28Bil.

$NTRS {{ '2017-01-18T18:25:51+0000' | timeago}} • Webcast

In terms of improving operational efficiency, $NTRS said there is a pipeline of areas inside Enterprise Enablement operation where the company is looking at things like robotics artificial intelligence, and that pipeline will manifest during the course of 2017.

$NTRS {{ '2017-01-18T17:56:04+0000' | timeago}} • Webcast

For 2016, $NTRS produced $1.03Bil of net income, surpassing the $1Bil mark for the first time. The company returned $778MM to shareholders through dividends and stock repurchases in the year.

$NTRS {{ '2017-01-18T17:41:44+0000' | timeago}} • Webcast

$NTRS said assets under custody for Corporate & Institutional Services (C&IS) clients grew 11% YoverY to $6.2 trillion at 4Q16-end, primarily reflecting new business and favorable markets. C&IS assets under management were $694Bil, up 7% YoverY.

$NTRS {{ '2017-01-18T13:14:13+0000' | timeago}} • Announcement

$NTRS's total stockholders equity averaged $9.6Bil during 4Q16, up 11% from $8.7Bil during 4Q15. This increase was due to the issuance of preferred stock and earnings, partially offset by dividend declarations and the repurchase of common stock pursuant to its share repurchase program.

$NTRS {{ '2017-01-18T13:11:07+0000' | timeago}} • Announcement

$NTRS said the average earning assets during 4Q16 rose 3% to $109.04Bil, primarily due to  higher levels of securities. Earnings asset growth was funded primarily by a higher level of interest-bearing deposits and borrowed funds.

$NTRS {{ '2017-01-18T13:06:50+0000' | timeago}} • Announcement

During 4Q16, $NTRS's net interest income rose 11% to $329.3MM. The increase was primarily attributable to a higher net interest margin and an increase in earning assets. Net interest margin rose 1.20% from 1.11% during 4Q15. This was due to higher yields on earning assets, driven by lower premium amortization and higher short-term interest rates.

$NTRS {{ '2017-01-18T12:59:52+0000' | timeago}} • Announcement

Wealth management firm $NTRS reported a 11.3% growth in its 4Q16 earnings, helped by 7% rise in revenue. Net income during the quarter was $266.5MM, or $1.11 per share compared to $239.3MM,or $0.99 per share in 4Q15. Revenue rose 7% YoverY to $1.24Bil. Noninterest income during 4Q16 rose 6%.

$NTRS {{ '2016-10-19T17:40:54+0000' | timeago}} • Webcast

$NTRS said the company has seen a migration from prime and other funds into government and treasury funds. The company did not see its total AUM drop in that, but the mix moved dramatically into government related funds. $NTRS is up $15Bil in cash AUM since the summer of 2014.

$NTRS {{ '2016-10-19T17:15:21+0000' | timeago}} • Webcast

$NTRS, at the core, saw strong new business across the franchise in wealth, asset management and C&IS. Generally, this positive trend was across the globe. In wealth, the company is continuing to see good success in some of its large market investments like New York City, which is growing double or triple the overall wealth management averages.

$NTRS {{ '2016-10-19T16:20:23+0000' | timeago}} • Webcast

$NTRS expenses rose 4% in 3Q16, driving 1.3 points of positive operating leverage. Assets Under Management (AUM) were $946Bil, up 7% YoverY and 4% on a sequential basis. AUM was driven by favorable market impacts and new businesses.

$NTRS {{ '2016-10-19T12:46:05+0000' | timeago}} • Announcement

$NTRS' total stockholders' equity for 3Q16 rose by 6% to $9.2Bil from last year. The increase was primarily attributable to issuance of preferred stock and earnings, partially offset by dividend declarations and the repurchase of common stock pursuant to its share repurchase program.

$NTRS {{ '2016-10-19T12:44:18+0000' | timeago}} • Announcement

$NTRS' average earning assets for 3Q16 rose by 7% to $107.84Bil from $100.81Bil last year. This increase was primarily resulting from higher levels of securities. Earning asset growth was funded primarily by a higher level of borrowed funds and interest-bearing and demand deposits.

$NTRS {{ '2016-10-19T12:42:41+0000' | timeago}} • Announcement

$NTRS' net interest income for 3Q16 grew by 13% to $310.1MM from last year. This was primarily result of higher net interest margin and rise in earning assets. Net interest margin rose to 1.14% from 1.08%, on higher yields on earning assets driven by higher interest rate environment, partially offset by higher premium amortization.

$NTRS {{ '2016-10-19T12:37:54+0000' | timeago}} • Announcement

Wealth management firm $NTRS reported a 10% rise in 3Q16 earnings driven by higher revenue. Net income rose to $257.6MM or $1.08 per share from $234.6MM or $0.96 per share last year. Revenue grew to $1.21Bil from $1.16Bil. Non-interest income rose by 3% and net interest income grew by 13%.

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