Northern Trust (NTRS) 8-K Regulation FD Disclosure

P R I N C I P L E S   T H A T   E N D U R E

Northern Trust

Corporation

Annual Meeting of Stockholders

Frederick H. Waddell

Chairman & Chief Executive Officer

EXHIBIT 99.1

Service

Expertise

Integrity

©

2013 Northern Trust Corporation

2

Annual

Meeting

of

Stockholders

–

April

16,

2013

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 profit improvements, business prospects and positioning with respect to market,

demographic and pricing trends, strategic initiatives, re-engineering and outsourcing activities,

new business results and outlook, changes in securities market prices, credit quality including

allowance levels, planned capital expenditures and technology spending, anticipated tax

benefits and expenses, and the effects of any extraordinary events and various other matters

(including developments with respect to litigation, other contingent liabilities and obligations,

and regulation involving Northern Trust and changes in accounting policies, standards and

interpretations) on Northern Trust’s business and results. These statements speak of

Northern Trust’s plans, goals, targets, strategies, beliefs, and expectations, and refer to

estimates or use similar terms. Actual results could differ materially from those indicated by

these statements because the realization of those results is subject to many risks and

uncertainties.

Our 2012 annual report and periodic reports to the SEC contain information about specific

factors that could cause actual results to differ, and you are urged to read them. Northern

Trust disclaims any continuing accuracy of the information provided in this presentation after

today.

3

Annual

Meeting

of

Stockholders

–

April

16,

2013

A Highly Focused Business Model

Northern Trust Corporation is a global leader in asset servicing, asset management,

wealth management and banking for personal and institutional clients.

Market Leader in Focused Businesses

Strong History of Organic Growth

Focused on Driving Performance

Distinctive Financial Strength

Pension funds

Fund managers

Insurance

Foundations

Endowments

Sovereign

wealth funds

Individuals

Families

Family offices

Family foundations

& endowments

Privately held

businesses

4

Annual

Meeting

of

Stockholders

–

April

16,

2013

High-touch trust,

investment management

and banking solutions.

Sophisticated financial

solutions for global

UHNW families, their 

offices and

foundations.

Global Family

Office

Wealth Advisory

Private Client

$1 MM

$20 MM

$200 MM

Comprehensive,

advice-driven financial

solutions

through an integrated

team of specialists.

Complexity

Personal Financial Services

Delivering Advice-based Solutions to our Target Markets

Teams of specialists are structured to serve three key segments.

5

Annual

Meeting

of

Stockholders

–

April

16,

2013

Custom asset

allocation

Comprehensive

investment

capabilities

Broad menu of

outside managers

Brokerage

services

Deposit services

Custom

financing

Stock option

lending

Personal Financial Services

Comprehensive Capabilities Few Firms Can Match

Customized

investment

objectives

and strategic

asset allocation

Manager

selection and

oversight

Asset servicing

and

administration

Family education

and governance

Family business

Non-financial

asset

management

Cash flow

analysis

Debt

management

Tax planning

Retirement

planning

Wealth transfer

planning

Trust and estate

services

Philanthropic

advisory

services

Securities

custody

Services are tailored to client needs and goals.

Financial

Planning

Asset

Management

Private and

Business

Banking

Trust & Estate

Services

Advisory

Services

Foundation and

Institutional

Advisors

6

Annual

Meeting

of

Stockholders

–

April

16,

2013

Providing solutions to asset owners and asset managers around the world. 

Institutional

Investor Group

(IIG)

Global

Fund Services

(GFS)

Pension plans

Insurance

Sovereign wealth funds

Foundations

Endowments

Traditional funds

Hedge funds

Fund of funds

Exchange Traded Funds

Corporate & Institutional Services

Serving Select Institutional Segments

Segments

Regions

Clients

7

Annual

Meeting

of

Stockholders

–

April

16,

2013

Corporate & Institutional Services

A Broad Range of Solutions

Offering an array of asset servicing and asset management services.

Fund accounting

Transfer agency

Corporate secretarial

Trustee

Investment

operations

outsourcing

Cash management

Index

Active

Defined contribution

Multi-Manager

Outsourced CIO

Pension risk

management

Custody/safekeeping

Settlement

Derivatives

processing

Benefit payments

Income collection

Corporate actions

Tax reclamation

Investment

accounting

Reporting and

valuation

Performance analytics

Risk monitoring

and reporting

Trade execution

analysis

Data warehouse

Cross-border pooling

Trade execution

Transition

management

Securities lending

Foreign exchange

Commission

management

Passive currency

overlay

Asset

Processing

Asset

Administration

Asset

Reporting

Asset

Enhancement

Asset

Management

8

Annual

Meeting

of

Stockholders

–

April

16,

2013

Assets Under Management: $810 Billion

As of March 31, 2013

* Includes Common/Collective Funds, and UCITS (Undertakings for Collective Investments in Transferable Securities).

Separate  Accounts

Mutual &

Commingled Funds*

Exchange Traded

Funds (ETF)

Diversified Asset Management Solutions

Delivered through Various Structures

Northern Trust Global Investments

Client Focused, Diversified Investment Manager

Across Client Segments

$604 Billion

Institutional

$206 Billion

Personal

Across Asset Classes

Equities

$403 Billion

(50%)

Fixed Income

$148 Billion

(18%)

Short

Duration

$239 Billion

(30%)

Other

$20 Billion

(2%)

Across Styles

$38 Billion

(5%)

$365 Billion

(45%)

Active

$387 Billion

(48%)

Index

Multi-Manager

Other

$20 Billion

(2%)

9

Annual

Meeting

of

Stockholders

–

April

16,

2013

Assets Under Custody

($ Trillions)

Assets Under Management*

($ Billions)

Strong History of Growth in Fee-based Businesses

* AUM is presented excluding securities lending collateral

1

Custody fees include C&IS custody & fund administration fees and PFS Wealth Management Group fees.

2

Asset management fees include C&IS investment management fees and fees of the four PFS regions.

S&P 500

Custody Fees

S&P 500

Asset Mgmt Fees

Fee revenues average approximately 60% of total revenues.

$2.6

$2.9

$3.5

$4.1

$3.0

$3.7

$4.1

$4.3

$4.8

$5.0

2004

2005

2006

2007

2008

2009

2010

2011

2012

1Q

2013

$384

$401

$449

$488

$449

$513

$545

$568

$671

$709

2004

2005

2006

2007

2008

2009

2010

2011

2012

1Q

2013

1

2

10

Annual

Meeting

of

Stockholders

–

April

16,

2013

Trends Impacting our Businesses

Global wealth creation

Globalization/cross-border investing

Expanding use of alternative assets

Shift from active to passive management

Increased regulation

Focus on risk management

Demand for transparency

Back and middle office outsourcing

Historically low interest rates

Low foreign exchange volatility

Low securities lending demand

Equity markets reflecting increased risk

appetite

Secular Trends

Cyclical Trends

11

Annual

Meeting

of

Stockholders

–

April

16,

2013

Technology

Efficiency

Driving Performance

Improving Profitability and Returns

Surpassed 2012 goal of more than half of

$250 million target

2012 benefits were split roughly 40%/60%

between revenue and expense

Improved 2012 pre-tax margin by

approximately 375 basis points and return

on equity by approximately 150 basis points

On target to achieve $250 million of pre-tax

benefit in 2013

Revenue

Enhancements

Process

Optimization

Corporate-wide

Initiatives

12

Annual

Meeting

of

Stockholders

–

April

16,

2013

($MM, except EPS)

Trust, Inv. & Other Servicing Fees

Foreign Exchange Trading Income

Other Non-Interest Income

Net Interest Income

Total Revenues

Non-Interest Expenses

Provision for Credit Losses

Pre-Tax Income

Taxes

Net Income

Earnings per Share

Return on Common Equity

$2,406

206

294

990

3,896

2,879

25

992

305

$687

$2.81

9.3%

2012

+11%

-36%

+10%

-2%

+3%

+2%

-55%

+12%

+9%

+14%

+14%

2012 vs. 2011

Strong new business results despite

difficult macroeconomic environment

Invested approximately $591 million in

technology

Improved our return on common

equity to 9.3% from 8.6% in 2011

Results included restructuring,

acquisition and integration related

charges totaling $18.6 million versus

$91.6 million in 2011

2012 Financial Performance

13

Annual

Meeting

of

Stockholders

–

April

16,

2013

1Q13

1Q13 vs 1Q12

Trust, Inv. & Other Servicing Fees

Foreign Exchange Trading Income

Other Non-Interest Income

Net Interest Income

Total Revenues

Non-Interest Expenses

Provision for Credit Losses

Pre-Tax Income

Taxes

Net Income

Earnings per Share

Return on Common Equity

$631

59

60

226

976

729

5

242

78

$164

$0.67

8.8%

+10%

-4%

-16%

-12%

+1%

+1%

-%

+2%

+4%

+2%

+2%

First Quarter 2013 Financial Performance

($MM, except EPS)

New business and higher equity

markets drove strong growth in trust,

investment and other servicing fees

However, fee growth was largely

offset by lower net interest income

and the impact of a write-off of certain

fee receivables

Expense growth was modest as we

focused on improving productivity and

profitability

We continue to invest in the business

14

Annual

Meeting

of

Stockholders

–

April

16,

2013

Returning Capital to Shareholders

Quarterly Dividend Paid

per Common Share

2

Northern Trust Corporation Capital Ratios

Tier 1 Capital Ratio

13.3%

Total Risk-Based Ratio

14.7%

Leverage Ratio

8.4%

Tier 1 Common Equity

12.8%

Capital Return

Peer Average

$0.19

$0.21

$0.23

$0.25

$0.28

$0.28

$0.28

$0.28

$0.30

$0.31

3Q04

3Q05

3Q06

3Q07

3Q08

3Q09

3Q10

3Q11

3Q12

2013

As of March 31, 2013. The ratio of tier 1 common equity to risk-weighted assets is a non-GAAP financial measure. A reconciliation of tier 1 common equity to tier 1 capital calculated

Board of Directors will consider formal approval of the increase at its regular April meeting. Banks that did not disclose their dividend action are excluded from the peer average.

2

2013 figures represent planned dividend actions announced upon completion of the Comprehensive Capital Analysis and Review and the Capital Plan Review. Northern Trust’s

1

Peer data is indexed based on dividend data sourced from SNL Financial. The peer group includes U.S. based banks with assets of more than $50 billion as of December 31, 2012,

a group of 18 institutions excluding Northern Trust.

in accordance with applicable regulatory requirements and GAAP is included in the Appendix on page 18.

1

Paid $287 million in dividends and

repurchased $163 million of our common

stock in 2012

The Federal Reserve did not object to

Northern Trust’s 2013 capital plan,

including a planned increase in our

dividend to $0.31 per share and the

repurchase of up to $400 million of

common stock through March 2014

Annual

Meeting

of

Stockholders

–

April

16,

2013

A Recognized Market Leader

Private Bank in North America

–

Financial Times Group

(November 2012, 4   consecutive year)

Ranked among the Top 10 Wealth Managers 

–

Barron’s (September 2012)

Serving More than 20% of Forbes 400

Most Affluent Americans

–

Forbes (September 2012)

14   Largest Manager of Worldwide Institutional Assets

15   Largest Asset Manager Worldwide

3     Largest Passive International Indexed Securities Manager 

Best

Best Trust Company

–

Family Office Review (June 2012)

Best Private Wealth Manager

–

Private Asset Management (February 2013)

Best Administrator for UCITS Funds

–

HFM Week, European Hedge Fund Awards

(March 2012)

Best Client Servicing  in Asia

–

Asia Asset Management Awards,

(March 2013)

Best Reporting Initiative

–

American Financial Technology Awards,

Waters Magazine, (Dec 2012)

Best Custody Specialist in Asia

–

The Asset Magazine Awards

(4th consecutive year)

Best

Administrator

–

Form

PF

Solution

–

HFM Week US Services Provider Awards,

(Oct 2012)

Best Offshore Fund Administrator

–

Hedgeweek USA Awards, (June 2012)

Best Service Provider to ETFs in Europe

–

Annual Global ETF Awards

(2012, 5   consecutive year)

Global Custodian of the Year

–

Financial Times Business Pension &

Investment Provider Awards, (May 2012)

th

th

th

th

rd

–

Pensions & Investments (May 2012 based on December 31, 2011 assets)

15

Annual

Meeting

of

Stockholders

–

April

16,

2013

Commitment to Corporate Social Responsibility

Community-focused philosophy is central to our development of an

integrated, comprehensive and global CSR platform.

Named to FTSE4Good Global Index for 2012; Sixth Consecutive Year

Named to MSCI ESG Indices for 2012/2013: MSCI World ESG Index, MSCI World SRI Index,

and MSCI KLD 400 Social Index

Named to Dow Jones Sustainability World Index and the North America Index for 2012/2013;

Second Consecutive Year

50 Out Front for Diversity Leadership: Best Places for Diverse Managers,

Diversity MBA Magazine, 

Top 30 Employers for Working Families, Best Organization for Flexible Working Award,

Working Families Organization, October 2012 

100 Best Companies for Working Mothers,

Working Mother

magazine, September 2012; 21st

Year on the List

100 Best Corporate Citizens,

CR Magazine,

Northern Trust’s global headquarters, 50 South La Salle Street receives Energy Star

Certification,

Environmental Protection Agency, 2012

2012; Fifth Consecutive Year

April 2013

16

P R I N C I P L E S   T H A T   E N D U R E

Appendix

Integrity

Expertise

Service

©

2013 Northern Trust Corporation

northerntrust.com

18

Annual

Meeting

of

Stockholders

–

April

16,

2013

Reconciliation of Non-GAAP Financial Measures

The following table provides a reconciliation of tier 1 common equity to tier 1 capital calculated in

accordance with applicable regulatory requirements and GAAP. Northern Trust is providing the

ratio of tier 1 common equity to risk-weighted assets in addition to its capital ratios prepared in

accordance with regulatory requirements and GAAP as it is a measure that Northern Trust and

investors use to assess capital adequacy.

March 31,

($ In Millions)

2012

Tier 1 Capital

$

7,587.0

Less:  Floating Rate Capital Securities

268.7

Tier 1 Common Equity

$

7,318.3

Ratios

Tier 1 Capital

13.3

%

Tier 1 Common Equity

12.8

%