Northern Trust is a financial services company that specializes in providing investment management, asset servicing, and banking solutions to corporations, institutions, and affluent individuals. The firm focuses on delivering comprehensive wealth management and investment strategies, as well as innovative custody and fund administration services. With a commitment to client service and a strong emphasis on technology, Northern Trust aids its clients in navigating complex financial landscapes, ensuring that their investment objectives are met with tailored solutions and expert guidance. The company is recognized for its long-standing reputation within the financial services industry and its dedication to fostering strong client relationships. Read More
On July 22, 2025, the Board of Directors (the “Board”) of Northern Trust Corporation (the “Corporation”) approved a new common stock repurchase authorization (the “New Stock Repurchase Authorization”) authorizing, but not obligating, the repurchase of up to $2.5 billion (the “Maximum Program Amount”) of the Corporation’s outstanding shares of common stock from time to time. The New Stock Repurchase Authorization replaces the previously announced authorization approved on October 19, 2021, for which there had been approximately 4.8 million shares of remaining repurchase capacity as of the date of the New Stock Repurchase Authorization after taking into account 572,709 shares repurchased between July 1, 2025 and the date of the New Stock Repurchase Authorization. All funds expected in connection with repurchases after the New Stock Repurchase Authorization shall count against the Maximum Program Amount. The New Stock Repurchase Authorization has no expiration date. Thus, the Corporation retains the ability to repurchase when circumstances warrant and applicable regulation permits.
50 South Capital Advisors, LLC (“50 South Capital”), Northern Trust Asset Management’s global alternatives investment manager, announced the final closings of two of its flagship private equity funds, both significantly exceeding their fundraising targets. Private Equity Strategic Opportunities Fund V (“PESOF V”) closed with $1.2 billion in commitments and Private Equity Core Fund XI (“PECF XI”) closed with $893 million in commitments, with investors across wealth, family offices, intermediaries, consultants and institutions.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Northern Trust Corporation has released its second quarter 2025 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on July 23, 2025, which is available on the SEC's website at https://www.sec.gov.
Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared an increase in its quarterly cash dividend to $0.80 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2025, to holders of record at 5:00 p.m., Chicago time, on September 5, 2025.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.
Northern Trust Wealth Management has appointed Abel Montañez as President of the West Region. Montañez, who has nearly 25 years of financial services experience, will lead an integrated team that delivers investment management, trust and estate planning, private and business banking and financial consulting for clients.