everyone. Good morning,
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second the and this on charges included release, noted of severance-related within of $XX.X expenses. page earnings restructuring our results As quarter’s million
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to pipeline opportunities. of continue We cultivate a healthy
progress Turning nine, returns. to is been can on margin directly on to the the as enhancing and important have it control. return in expense This a fee ratio, ratio addresses what made most we and focus of equity. to our fees key pretax profitability particularly ultimately has progress page our reflects expense years The sustainably measure recent of improve slide we to
we market XXX look of markets our growth efficiency our absent and at equity the we impact impacts, that comparable organic this continuing our that tracking and environment, remain results to productivity. most fee macro the for When recent improve were we lower on we expense focused does the managing where While business in drive to quarter's in say demonstrate ratio particularly quarter, to can have, to our quarters. was expense would this ratio our
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tier Northern the the requirement supplementary bank and X% coverage approach. remained minimum X.X% XX.X% common and ratios the The to exceeded which the equity at liquidity corporation start the that was ratio standardized under respect is of Northern advanced Trust with capital both Our approach of of the at strong our the under above XXXX. leverage X Trust the of XXX% applicable became ratio X.X%, With effective requirement. was ratio, applicable in XX%
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a basis. we and sequential During from XX% dividend a to our increase the $X.XX, increase year-over-year increased on quarter, a $X.XX quarterly representing X%
of In return quarter X.X lagged $XXX at purchased XX%. markets performance our average the stock equity also of rates, than repurchased million. backdrop of shares the generating the -- from flatter closing, resilient, despite During cost a impact challenging during interest equity was and million the quarter, we of more common common on
with Our model organic of reporting balanced and business our growth continued client-facing management of approximately wealth to C&IS our segments generate of earnings. contributing each XX%
ability attractive We organic to and are markets positioning in within competitive our to generate our continue confident growth.
on profitable and growth. exceptional with services, remains clients improving our focus our Our productivity driving providing
bit our Before be we your to for call to morning. accept Please the I practice. this normal our than off which at to get quarters the call, first will sufficient period Time please us Trust’s questions. open customary conclude, XX.XX our first you am in question-and-answer Central I Northern to allow to meeting, than in begins all today's apologies a for Kerry, as today. happy answer is need our for earlier of event we again have conference earlier end and time close earnings annual that the line. earnings quarter quarter other Thank would participating Mark call to in
