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Northern Trust Corp (NTRS.O)

NTRS.O on Nasdaq

84.51USD
2 Dec 2016
Change (% chg)

$-0.91 (-1.07%)
Prev Close
$85.42
Open
$84.96
Day's High
$85.54
Day's Low
$83.77
Volume
1,718,997
Avg. Vol
1,156,633
52-wk High
$85.97
52-wk Low
$54.38

Latest Key Developments (Source: Significant Developments)

Northern Trust raises quarterly dividend
Wednesday, 20 Jul 2016 09:00am EDT 

Northern Trust Corp : Northern trust announces increased quarterly dividend .Declared a quarterly cash dividend of $0.38 per share on its common stock ($1.66-2/3 par value), payable on october 1.  Full Article

Northern Trust Corp reports Q2 earnings per share $1.09
Wednesday, 20 Jul 2016 07:30am EDT 

Northern Trust Corp : Northern Trust Corporation reports second quarter net income of $260.7 million, earnings per common share of $1.09 . Q2 earnings per share $1.09 . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S . Says Q2 return on average common equity was 12.2%, compared to 12.8% in prior year quarter and 11.4% in prior quarter . Nonperforming loans and leases in current quarter were $152.2 million compared to $208.7 million in prior-year quarter . Qtrly net interest income $306.6 million versus $257.6 million . Total assets under management at Q2 end $906.2 billion versus. $900 billion at Q1 end . Northern Trust Corp Q2 revenue on FTE basis, $1.32 billion versus $1.26 billion last year . Assets under custody/administration totaled $8.12 trillion at June 30, 2016, up $189.5 billion, or 2%, from $7.93 trillion at March 31 .Advanced approach common equity tier 1 ratio at Q2 end 11.5 percent versus. 11.6 percent at Q1 end.  Full Article

Northern Trust names William Morrison vice chairman
Tuesday, 19 Jul 2016 04:30pm EDT 

Northern Trust Corp : Northern trust names William L. Morrison vice chairman . President William L. Morrison has been appointed to a new role as vice chairman .Appointment will take effect October 1, 2016..  Full Article

Northern Trust announces proposed capital actions
Wednesday, 29 Jun 2016 04:52pm EDT 

Northern Trust Corp : Northern Trust announces proposed capital actions . Northern Trust's 2016 capital plan provides for repurchase of up to $275 million of its common stock . Says to increase its quarterly common stock dividend to $0.38 per share from $0.36 per share, effective in Q3 of 2016 .Announced that federal reserve did not object to company's 2016 capital plan.  Full Article

Northern Trust dissolves passive stake in Global Ship Lease
Wednesday, 15 Jun 2016 05:42pm EDT 

Northern Trust Corporation:Dissolves 10.69 pct passive stake in Global Ship Lease Inc as of February 29, 2016 - SEC filing.  Full Article

Northern Trust Corp Declares Quarterly Dividends
Tuesday, 20 Oct 2015 04:46pm EDT 

Northern Trust Corp:Declared a quarterly cash dividend of $0.36 per share on its common stock, payable on Jan. 1, 2016, to stockholders of record on Dec. 4.Also declared a cash dividend of $365.625 per share of 5.85% Series C non-cumulative perpetual preferred stock (resulting in a distribution of $0.365625 per depositary share) payable on Jan. 1, 2016, to stockholders of record on Dec. 15.  Full Article

Northern Trust declares quarterly dividends for common and preferred shares
Wednesday, 22 Jul 2015 09:00am EDT 

Northern Trust Corporation:Declares a quarterly cash dividend of $0.36 per share on its common stock ($1.66-2/3 par value), payable on Oct. 1, to stockholders of record on Sept. 4.  Full Article

Northern Trust Corp and Bank of Taiwan announce global custody collaboration
Friday, 22 May 2015 05:25am EDT 

Northern Trust Corp:Enters into strategic collaboration to offer institutional investors in Taiwan access to solution combining Bank of Taiwan's local expertise and Northern Trust's global custody and asset servicing capabilities.Under terms of memorandum of understanding, Northern Trust will provide offshore global custody and asset servicing solutions for select institutional and governmental clients in Taiwan.  Full Article

Northern Trust Corp announces increased quarterly dividend and stock repurchase authorization
Wednesday, 22 Apr 2015 04:05pm EDT 

Northern Trust Corp:Declares quarterly cash dividend of $0.36 per share on common stock.Payable on July 1.Record date as on June 5.Dividend represents a 9 pct increase from prior quarterly rate.Approves a new common stock repurchase authorization of up to 15 million shares.  Full Article

Northern Trust Corp to pay $60 mln over securities lending program - Reuters
Monday, 23 Feb 2015 07:13am EST 

Northern Trust Corp:Has agreed to pay $60 mln to settle lawsuits over claims that the financial services institution imprudently managed its securities lending program, resulting in losses to retirement plans and pension funds - Reuters.The settlements, disclosed in court papers filed on Feb. 18 in Chicago federal court, would bring to a close nearly six years of litigation stemming from the lending program's management during the financial crisis.  Full Article

MOVES-Northern Trust announces two senior appointments

Sept 29 Northern Trust Corp said it appointed Vignesh Vijayakumar as senior relationship manager and Yovan Dabee as senior wealth strategist for Northern Trust's Global Family & Private Investment Offices group in London.