BNY and Northern Trust Deliver Strong Results, Rewarding Patient Investors with Steady Income

BNY and Northern Trust have reported record-breaking financial years with steady income for shareholders. BNY's net income reached $5.3 billion, while Northern Trust's net income was $466 million. Both banks have returned cash to shareholders through dividends and buybacks. BNY has a high return on tangible common equity and a relatively modest payout ratio, allowing for further dividend growth. Northern Trust's conservative growth and income appeal make it a strong contender for investors seeking value stocks.