Northern Trust Corp at RBC Capital Markets Global Financial Institutions Conference Transcript

Mar 07, 2023 / 06:20PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good afternoon, everyone. Thank you for joining us. This is our first fireside chat following lunch. And again, I want to thank Jason Tyler, Executive Vice President and Chief Financial Officer; from Northern Trust joining us once again. He's been a good friend of this conference over the years. So thank you, Jason. Now Jason joined Northern back in 2011, and he's been the CFO since 2020. And just a couple of stats for folks. Northern now -- about $155 billion, market cap of $20 billion. And even on an adjusted AOCI book value and tangible book value traded at about 1.7x stated book and 1.8x tangible book forward earnings base is about 13x, which is a nice multiple. But Jason, thank you so much for coming.

Jason Jerrome Tyler - Northern Trust Corporation - Executive VP & CFO

Absolutely, Gerard. Good to see you in person. I remember digitally last year being on screen -- but I want to hear about how the conference is going. This is

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