Northern Trust Corporation · NASDAQ:NTRS
Northern Trust — Shareholder Meeting (April 2010)
23 slides from Northern Trust's shareholder meeting presentation, Apr 20, 2010
Slide 1: 2010 Annual Meeting of Stockholders
EXHIBIT 99.1 2010 Annual Meeting of Stockholders Frederick H. Waddell Chairman, President and Chief Executive Officer © 2010 Northern Trust Corporation
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation may include forward-looking statements such as statements that relate to Northern Trust’s financial goals, capital adequacy, dividend policy, expansion and business development plans, risk management policies, anticipated expense levels and projected profi
Slide 3: Agenda
Agenda Strategic Overview Financial Overview Stock Price Performance A Legacy of Leadership Concluding Thoughts Q&A 3
Slide 4: Strategic Overview
2010 Annual Meeting of Stockholders Strategic Overview 4
Slide 5: Corporate Overview
Corporate Overview Founded in 1889, Northern Trust Corporation is a global leader in asset management and asset servicing for institutional and personal clients. A Unique Business Focus As of March 31, 2010 5
Slide 6: Personal Financial Services
Personal Financial Services Industry leading provider of integrated wealth management solutions to address the full spectrum of our clients’ unique needs. Best Private Bank in North America Best-in-Class Performance – Publications of the Financial Times Group – BusinessWeek Ranked among the Top 10 B
Slide 7: Corporate & Institutional Services
Corporate & Institutional Services A worldwide leader in providing sophisticated solutions to the institutional marketplace. North America Europe, Middle East & Africa Asia Pacific New Business Wins Chicago Abu Dhabi Limerick Bangalore Toronto Amsterdam London Beijing Chapman University Dublin Luxem
Slide 8: Northern Trust Global Investments
Northern Trust Global Investments Client-specific solutions delivered through an extensive range of products and services. Equities Fixed Income Alternatives Products Active Global Index Management Manager of Managers Services Securities Transition Commission Securities Cash Lending Management Recap
Slide 9: Operations & Technology
Operations & Technology Integrated operations and technology platform serving personal and institutional client needs. REGIONAL SERVICE GLOBAL OPERATIONAL TECHNOLOGY DELIVERY CENTERS North America Multiple Ends of Day Securities Operations Europe, Middle East, Africa Available 24 x 7 x 365 Client Ac
Slide 10: Community and Social Responsibility
Community and Social Responsibility Since its founding in 1889, Northern Trust has been committed to a culture of caring. Strives to annually contribute Northern Trust partners donated approximately 1.5% of pre-tax profits more than 200,000 volunteer hours to charities globally in 2009 Awarded nearl
Slide 11: Financial Overview
2010 Annual Meeting of Stockholders Financial Overview 11
Slide 12: 2009 Financial Performance
2009 Financial Performance Solid performance despite challenging macroeconomic environment. Operating Basis e.g. excluding VISA related items ($MM, except EPS) FY09 FY09 vs FY08 Key Accomplishments Trust, Inv. & Other Servicing Fees $2,084 -2% One of the first banks to Foreign Exchange Trading Incom
Slide 13: First Quarter 2010 Performance
First Quarter 2010 Performance ($MM, except EPS) 1Q10 1Q10 vs 1Q09 New Business Wins Trust, Inv. & Other Servicing Fees $515 25% West Sussex County Council Foreign Exchange Trading Income $80 -39% (One of the largest public Other Non-Interest Income $73 -3% pension funds in the UK) Net Interest Inco
Slide 14: Client Asset Accumulation
Client Asset Accumulation Indicative of our successful new business efforts, we continue to gather client assets at rates which exceed market growth. Assets Under Custody Assets Under Management ($ Trillion) ($ Billion) AUC CAGR 7% AUM CAGR 2% S&P 500 CAGR -1% S&P 500 CAGR -1% EAFE CAGR 1% 14
Slide 15: Consistently Strong Capital
Consistently Strong Capital A long standing hallmark of Northern Trust is our strong capital base and consistent growth in shareholders’ equity. Capital Ratios Shareholders’ Equity ($ Billion) 3/31/09 3/31/10 Tier 1 Capital 13.0% 13.4% Total Risk-Based 15.2% 15.5% Leverage 8.9% 8.9% Tier 1 Common Eq
Slide 16: Stock Price Performance
2010 Annual Meeting of Stockholders Stock Price Performance 16
Slide 17: Bank Peer Group: 2009 Stock Price Performance
Bank Peer Group: 2009 Stock Price Performance January 1, 2009 through December 31, 2009 Average (excl. NTRS) +6% S&P 500 +24% -1% -8% -8% -10% -31% -34% -35% -51% -60% 17
Slide 18: Bank Peer Group: Stock Price Performance Recent History
Bank Peer Group: Stock Price Performance Recent History June 30, 2007 through March 31, 2010 Average (excl. NTRS) -54% S&P 500 -22% 18
Slide 19: A Legacy of Leadership
2010 Annual Meeting of Stockholders A Legacy of Leadership 19
Slide 20: Barry G. Hastings – In Memoriam
Barry G. Hastings – In Memoriam Northern Trust President and Chief Operating Officer, 1995-2002 Vice Chairman, 1993-1995 29 years of service to Northern Trust Shared his talents and resources with numerous civic organizations including The Field Museum and Children’s Memorial Hospital During Barry’s
Slide 21: William A. Osborn
William A. Osborn Northern Trust Chief Executive Officer, 1995-2007 Chairman, 1995-2009 Served Northern Trust for 39 years Named by Harvard Business Review as one of the “Best Performing CEOs in the World” and was top-ranked among U.S. based financial services CEOs Continues his long tradition of co
Slide 22: Concluding Thoughts
2010 Annual Meeting of Stockholders Concluding Thoughts 22
Slide 23: Q&A
2010 Annual Meeting of Stockholders Q&A 23