Northern Trust's upcoming
dividend of US$0.75 received positive reception, despite an exec selling $533k worth of stock. The institution expands its
Hedge Fund Services, catering to the rising demand for
Energy Investing. Despite higher expenses overshadowing earnings and a slight lessening by
BNP Paribas Asset Management, Northern Trust's Q2 2024 earnings report shows soaring EPS of $4.34 and a 65% QoQ revenue surge. Meanwhile, the corporation entered partnerships with
Canada Life Asset Management and
Nedgroup for asset and trading services, respectively. Northern Trust also appointed
Ali Nafii and
Ayla Kalani as market leaders for San Diego and Los Angeles, reinforcing its commitment to inclusivity and sustainability. Latest reports put Northern Trust's Q1 earnings just slightly below analyst projections. Even with negative reactions to its Q1 profit miss, Northern Trust's progress continues to impress institutional owners, with strong
momentum and solid earnings. The corporation’s continued growth, however, comes with increased costs. Transitions with
Equip Super and
Lancashire County Pension further strengthens its asset servicing solutions. Lastly,
Northern Trust's digital wealth planning services have been awarded by industry experts, outlining their focus on innovative, digital-driven strategies.
Northern Trust Corp NTRS News Analytics from Wed, 10 Jan 2024 08:00:00 GMT to Sun, 01 Sep 2024 13:06:06 GMT -
Rating 6
- Innovation 4
- Information 6
- Rumor -2
