Northern Trust Corporation (NTRS) CEO Michael O'Grady on Q1 2022 Results - Earnings Call Transcript

Northern Trust Corporation (NASDAQ:NTRS) Q1 2022 Earnings Conference Call April 26, 2022 9:00 AM ET

CompanyParticipants

Jason Tyler - Executive Vice President & Chief Financial Officer

Mark Bette - Senior Vice President & Director of Investor Relations

Michael O’Grady - Chairman & Chief Executive Officer

Conference Call Participants

Betsy Graseck - Morgan Stanley

Alex Blostein - Goldman Sachs

Kenneth Usdin - Jefferies

Adam Beatty - UBS

Gerard Cassidy - RBC

James Mitchell - Seaport Global

Mike Mayo - Wells Fargo Securities

Rob Wildhack - Autonomous Research

Vivek Juneja - JPMorgan

Operator

Good day and welcome to the First Quarter 2022 Northern Trust Earnings Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Mark Bette, Director of Investor Relations. Please go ahead, sir.

Mark Bette

Thank you, Jennifer. Good morning, everyone and welcome to Northern Trust Corporation's first quarter 2022 earnings conference call. Joining me on our call this morning are Michael O’Grady, our Chairman and CEO; Jason Tyler, our Chief Financial Officer; Lauren Allnutt, our Controller; and Briar Rose from our Investor Relations team.

Our first quarter earnings press release and financial trends report are both available on our website at northerntrust.com. Also on our website, you will find our quarterly earnings review presentation which we will use to guide today's conference call. This April 26 call is being webcast live on northerntrust.com. The only authorized rebroadcast of this call is the replay that will be made available on our website through May 24. Northern Trust disclaims any continuing accuracy of the information provided in this call after today. Please refer to our safe harbor statement regarding forward-looking statements on Page 11 of the accompanying presentation which will apply to our commentary on this call.

During today's question-and-answer session, please limit your initial query to one question and one related follow-up. This will allow us to move through the queue and enable as many people as possible the opportunity to ask questions as time permits. Thank you again for joining us today.

Let me turn the call over to Michael Grady.

Michael O’Grady

Thank you, Mark. Let me join in welcoming you to our first quarter 2022 earnings call. I hope you and your families are healthy and well. Like so many around the world, we at Northern Trust are deeply concerned by the tragic events unfolding in Ukraine. Our hearts go out to the Ukrainian people. Northern Trust has made contributions to humanitarian relief efforts and has match contributions from our employees to maximize their impact.