Northern Trust Stock Price, News & Analysis

Northern Trust Corporation (NTRS) will host a live webcast of its Q2 2022 earnings conference call on July 20, 2022, at 9:00 a.m. (CT). The earnings press release and related materials will be available on Northern Trust’s website. As of March 31, 2022, Northern Trust managed US$1.5 trillion in assets, showcasing its substantial presence in wealth and asset management.

Northern Trust Corporation (NTRS) announced an increase in its quarterly common stock dividend from $0.70 to $0.75 per share, effective Q3 2022. This decision follows the results from the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR), where Northern Trust's stress capital buffer remains steady at 2.5%. The company’s minimum common equity tier 1 (CET1) ratio is set at 7%. The dividend hike underscores the strength of Northern Trust's capital position and reflects its commitment to shareholder returns.

Northern Trust has established a new Digital Assets and Financial Markets group, unifying digital and traditional market functions. This initiative, led by Justin Chapman, aims to cater to the growing client interest in both digital and traditional asset classes. With a focus on adapting to changes in the securities industry, the group will provide access to expertise and insights across all markets. Northern Trust, a leading innovator in the digital transformation of securities servicing, manages US$15.5 trillion in assets under custody as of March 2022.

Northern Trust's FlexShares recently published a study focused on how financial advisors can enhance wallet share among existing high-net-worth clients. The research revealed that client decisions to increase managed assets are driven more by emotions than by available advisor resources. Key findings include the identification of five unique client personas: The Verifier, The Simplifier, The Collector, The Protector, and The Competitor, each representing distinct behaviors and preferences. This insight aims to help advisors tailor their approaches to better meet client needs and build trust.

Northern Trust (Nasdaq: NTRS) has been appointed by the International Biotechnology Trust and SV Health Managers to provide a suite of services, including global custody, fund accounting, depositary services, and outsourced trading solutions. The International Biotechnology Trust, founded in 1994 and listed on the London Stock Exchange, has a market capitalization exceeding £255 million, focusing on long-term capital growth in biotechnology and life sciences sectors. Northern Trust aims to simplify its clients' operational complexities through its Whole Office™ approach.

Northern Trust has opened a new office in Jacksonville, Florida, marking its 20th office in the state. With over 50 years of presence, the firm now manages $53 billion in assets and employs more than 600 personnel in Florida. The new office will cater to families, family offices, and foundations, enhancing their investment and planning services in Northeast Florida. Northern Trust aims to leverage the region's growing demand for financial services amidst ongoing population growth.

Northern Trust has upgraded its Investment Analysis module on the Front Office Solutions platform to enhance decision-making for institutional investors. This tool now offers improved data capacity, speed, and customization options for analyzing liquid and alternative investments. Key features include interactive charts, correlation analyses, and drawdown charts, aimed at simplifying investment evaluations. With $15.5 trillion in assets under custody and $1.5 trillion in assets under management, Northern Trust continues to support complex asset owners globally.

Northern Trust announced key leadership changes to enhance strategic execution. Dave Blowers and Lyle Logan have been appointed Vice Chairmen, focusing on strategic initiatives and client development. Glenda Pedroso is promoted to East Region President, succeeding Henry P. Johnson, now the Chief Operating Officer for Wealth Management. Bruce Letten will lead the National Banking Practice, replacing Pedroso. Effective August 1, 2022, these transitions aim to strengthen client service and support continued digital transformation, with Northern Trust managing $396.2 billion in assets as of March 31, 2022.