Northern Trust Exceeds Expectations, Raises Profitability Targets, and Appoints New Canada Lead

Northern Trust reported Q4 results exceeding expectations, upgraded medium-term profitability targets, and named Katie Pries as Country Executive for Asset Servicing in Canada. The combination of stronger earnings, upgraded targets, and experienced leadership underscores Northern Trust's focus on operational efficiency and client growth. The investment narrative for investors now emphasizes steady, fee-driven wealth and asset servicing franchise with a modest growth profile.