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Mar 31, 2023
Northern Trust Q1 2023 Earnings Report
Northern Trust reported first quarter net income of $334.6 million and earnings per diluted common share of $1.51.
Key Takeaways
Northern Trust Corporation reported a net income of $334.6 million for the first quarter of 2023, with earnings per diluted common share at $1.51. The results reflect a 2% year-over-year revenue growth and a return on common equity of 12.4%.
Net income was $334.6 million, compared to $155.7 million in the prior quarter and $389.3 million in the prior-year quarter.
Revenue reached $1.7 billion.
Return on average common equity was 12.4%.
Common Equity Tier 1 Capital was 11.3%.
Forward Guidance
This release may include statements which constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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