United States Client Login Contact Us Search Search | Northern Trust Who We Serve What We Do About Us Insights & Research About Us About Us Home Investor Relations Our Experts Corporate Social Responsibility What We Do Accolades History Locations Media Resources PRESS RELEASES FAST FACTS RECENT EARNINGS AND TRENDS EXECUTIVE BIOGRAPHIES MEDIA CONTACTS TOP INSIGHTS Contact Us Reach out to our Media Relations contacts listed below on the page for specific inquiries or contact our Media Relations team at Media_Relations@ntrs.com for general inquiries. Welcome to the Northern Trust Newsroom Press Releases Explore our press release archive for story ideas, financial research or data. VIEW OUR PRESS RELEASE ARCHIVE Fast Facts As of September 30 2021, Northern Trust Corporation had: $15.8 TRILLION ASSETS UNDER CUSTODY/ADMINISTRATION $12.2 TRILLION IN ASSETS UNDER CUSTODY $1.5 TRILLION IN ASSETS UNDER MANAGEMENT $169 BILLION IN BANKING ASSETS NORTHERN TRUST CORPORATION REPORTS THIRD QUARTER NET INCOME OF $395.7 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.80 “Northern Trust’s performance in the third quarter reflected the continued strength of our company and growth across each of our businesses. The results produced strong growth in earnings and a return on average common equity of 13.7%. Revenue grew by 10% compared to last year, as new business continued to contribute to growth in our trust, investment and other servicing fees. Net interest income also increased on a year-over-year basis for the first time since the end of 2019, driven by growth in our balance sheet in support of our clients’ liquidity needs. The quarter’s results compared to the prior year produced positive fee and total operating leverage, and solid improvements in profitability and returns, despite the persistent low interest rate environment. We achieved these results while continuing to focus on delivering exceptional services and solutions to our clients, driving efficiency, and investing for future profitable growth.” Recent Earnings and Trends Q3 Earnings Report Third Quarter 2021 Earnings – Wednesday, October 20th at 9:00am CT Read Press Release Presentation Slides Listen to the Webcast Q3 Trends Report Third Quarter 2021 Earnings – Wednesday, October 20th at 9:00am CT PDF Download Excel Download Executive Biographies Michael G. O'Grady Chairman, President and Chief Executive Officer READ BIO Steven L. Fradkin President, Wealth Management READ BIO Peter B. Cherecwich President of Asset Servicing READ BIO Shundrawn A. Thomas President, Asset Management READ BIO Top Insights Recent articles, multimedia or perspectives from our experts below. For information about a specific topic, see media contacts below. November 15, 2021 The 2 Biggest Risks with High Inflation Jim McDonald Chief Investment Strategist There's too much focus on the current rate of inflation and not enough on its potential effects. Chief Investment Strategist Jim McDonald analyzes the real risks of inflation to investors. WATCH NOW November 8, 2021 No Taper Tantrum Here Peter Yi, CFA Director, Short Duration Fixed Income and Head of Taxable Credit Research The Federal Open Market Committee left rates unchanged last week but initiated the reduction, or tapering, of monthly bond purchases. Director of Short Duration Fixed Income Peter Yi, CFA, explains the calm market reaction. WATCH NOW VIEW ALL TOP INSIGHTS Global Media Contacts Doug Holt Head of Global Corporate Communications Chicago +1 (312) 557-1571 North America Media Contacts John O'Connell Asset Servicing Media Relations Chicago +1 (312) 444-2388 Tom Pinto Asset Management Media Relations New York +1 (212) 339-7288 EMEA & APAC Media Contacts Camilla Greene Head of Media Relations, EMEA & APAC London +44 (0) 20 7982 2176 Marcel Klebba Media Relations, EMEA & APAC London +44 (0) 20 7982 1994 Learn More About Northern Trust Our core principles — service, expertise and integrity — have remained constant for over 130 years, guiding Northern Trust's evolution from a new bank in the growing Chicago of 1889 to a multi-faceted global financial services provider. About Us Home Investor Relations Our Experts Corporate Social Responsibility What We Do Accolades History Locations Careers Office Locations Contact Us Legal/Privacy Our Sites Youtube | Northern Trust VideosVideos from Northern Trust, a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Facebook | Northern Trust FacebookNorthern Trust is a global financial services firm. LinkedIn | Northern Trust LinkedInNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Twitter | Northern Trust TwitterGlobal leader in wealth management, asset servicing and asset management delivering expert advice, educational thought leadership and news. Instagram | Northern Trust InstagramNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. © 2021 Northern Trust Corporation. All Rights Reserved. Cookie Notice We use necessary cookies to analyse our traffic to help us ensure our website works as expected. We would also like to use optional cookies to improve our site and provide you with a more personalised experience. You can choose to enable optional cookies by clicking “Accept All Cookies”. 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