Richard Petrino
On January 22, 2025, the Board of Directors of Northern Trust Corporation (the “Corporation”) elected Robert Moritz and Richard Petrino as directors of the Corporation, effective March 1, 2025 and January 22, 2025, respectively.
Highest-materiality recent filing
Northern Trust Q1 net income $525.5M, EPS $2.71, up 43% YoY
Net income $525.5M ($2.71 diluted EPS) vs $392.0M ($1.90) a year ago; revenue $2.21B, +14% YoY.
Northern Trust Q4 net income $466M, EPS $2.42; revenue up 8% YoY
Diluted EPS of $2.42 vs $2.26 in Q4'24; net income $466.0M, up 2% YoY.
Northern Trust Q3 net income $457.6M, diluted EPS $2.29, up 7% QoQ and 3% YoY
Trust, investment and other servicing fees of $1,265.5M, up 6% YoY; total revenue (FTE) $2,030.9M, up 3% YoY.
Northern Trust authorizes $2.5B stock buyback, replacing prior program
Board approved up to $2.5B in common stock repurchases with no expiration date.
Northern Trust Q2 net income $421.3M ($2.13 EPS); ups dividend 7%, record NII
EPS $2.13 diluted, up 12% from Q1 $1.90; net income $421.3M vs $392.0M prior quarter.
Northern Trust reports Q1 net income $392M, diluted EPS $1.90, up 99% YoY; revenue up 18%
Net income $392.0M, diluted EPS $1.90 vs $0.96 YoY; total revenue (FTE) $1,945.6M, up 18% YoY.
Northern Trust Q4 EPS $2.26 vs $0.52 YoY; revenue up 26% to $1.97B
Net income $455.4M, diluted EPS $2.26; compared to $113.1M/$0.52 in Q4 2023.
Northern Trust Q3 net income $464.9M, EPS $2.22; trust fees +8% YoY
Net income $464.9M ($2.22 diluted EPS) vs $327.8M ($1.49) in Q3 2023, up 42%.
Northern Trust announces five senior leadership changes effective Oct 1, 2024
Peter B. Cherecwich becomes COO (new role); Teresa Parker defers retirement to serve as President - Asset Servicing.
Northern Trust Q2 net income $896M, EPS $4.34, boosted by $878M Visa gain; trust fees up 6% YoY
Diluted EPS of $4.34 vs. $0.96 in Q1 2024 and $1.56 in Q2 2023; net income $896.1M.
Northern Trust Q1 net income $214.7M, EPS $0.96, down 36% YoY on $189M AFS loss
Net income $214.7M ($0.96 diluted EPS) vs $334.6M ($1.51) a year ago; revenue (FTE) $1,654.1M, down 6% YoY.
Northern Trust Q1 net income $214.7M ($0.96 EPS), down 36% YoY; trust fees up 7%
Net income $214.7M vs. $334.6M in Q1 2023; diluted EPS $0.96 vs. $1.51 YoY.
On January 22, 2025, the Board of Directors of Northern Trust Corporation (the “Corporation”) elected Robert Moritz and Richard Petrino as directors of the Corporation, effective March 1, 2025 and January 22, 2025, respectively.
On January 22, 2025, the Board of Directors of Northern Trust Corporation (the “Corporation”) elected Robert Moritz and Richard Petrino as directors of the Corporation, effective March 1, 2025 and January 22, 2025, respectively.
• Steven L. Fradkin, currently President – Wealth Management, will become Vice Chairman;
• Teresa A. Parker, who had most recently served as President – Europe, Middle East, and Africa, will become President –Asset Servicing;
• David W. Fox, Jr., currently President – Global Family & Private Investment Offices, will become Chief Financial Officer;
• Jason J. Tyler, currently Chief Financial Officer, will become President – Wealth Management;
• Peter B. Cherecwich, currently President – Asset Servicing, will become Chief Operating Officer;
On May 29, 2024, the Board of Directors of Northern Trust Corporation (the “Corporation”) elected Chandra Dhandapani as a director of the Corporation.
Max materiality 0.85 · Median 0.55 · Most common event earnings