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Dec 31, 2021
Northern Trust Q4 2021 Earnings Report
Northern Trust's Q4 2021 net income reached $406.4 million, with diluted earnings per common share at $1.91, driven by strong organic growth across businesses and improved economic conditions.
Key Takeaways
Northern Trust Corporation reported a strong fourth quarter in 2021, with net income of $406.4 million, translating to $1.91 earnings per diluted common share. This performance reflects a 9% increase in revenue compared to the previous year, driven by robust organic growth across all business segments. The corporation's return on average common equity stood at 14.5%.
Net income was $406.4 million, up from $240.9 million in Q4 2020.
Earnings per diluted common share were $1.91, compared to $1.12 in Q4 2020.
Revenue increased by 9% year-over-year, driven by strong organic growth.
Return on average common equity was 14.5% for the quarter.