Analyst Coverage

The following brokerage firms providing equity research coverage of Northern Trust:

• Autonomous Research LLP
• Bank of America Merrill Lynch
• Barclays
• The Buckingham Research Group
• Citigroup
• Credit Suisse
• Deutsche Bank Securities Inc.
• Evercore ISI
• Goldman Sachs & Co
• Jefferies & Company, Inc.
• JPMorgan Securities Ltd. 
• Keefe, Bruyette & Woods Inc.
• Morgan Stanley & Co.
• Rafferty Capital Markets, LLC
• Raymond James & Associates
• RBC Capital Markets
• Sandler O’Neill & Partners
• UBS Securities LLC
• Vining Sparks, IBG LP
• Wells Fargo Securities, LLC

Please note that any opinions, estimates or forecasts regarding Northern Trust Corporation's performance made by the above-listed brokerage firms are theirs alone and do not represent opinions, estimates or predictions of Northern Trust Corporation or its management. Northern Trust Corporation does not by its reference above or electronic distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.