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Stock impact report

Northern Trust Corp (NTRS) Q1 2024 Earnings Call Transcript Highlights: Strategic Progress Amid ... [Yahoo! Finance]

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
Company Research Source: Yahoo! Finance
Positive Points Northern Trust Corp ( NASDAQ:NTRS ) reported a solid start to the year with strength in underlying equity markets and progress on strategic priorities. Wealth Management saw solid growth in client advisory fees and product level fees increased due to favorable markets. Asset Servicing generated solid new business growth at attractive margins, with notable wins such as the appointment by true potential and Sanlam Asset Management. Asset Management generated positive liquidity flows for the fifth consecutive quarter and saw strong momentum within active fixed income and alternatives. Northern Trust Corp ( NASDAQ:NTRS ) entered the second quarter with strong market tailwinds and positive new business momentum, well-positioned to navigate macroeconomic and market uncertainty. Negative Points Reported results included a $189 million loss on the sale of securities related to a portfolio repositioning completed in January. Net interest income was down 2% from Show less Read more
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