Thread regarding Northern Trust Corp. layoffs

ROE down for 6 quarters from 15.7% to 4.0% in Q4, a 75% ROE decline

After many years of layoffs claimed to increase profitability, ROE has fallen for 6 quarters.

What about the 10%-15% ROE target range?

What is going on?

by
| 631 views | | 2 replies (last February 15, 2024) | Reply
Post ID: @OP+1qYpRQNf

2 replies (most recent on top)

Can we just take all the equity we have and open a capital one 1yr CD account at 5% APY?

https://www.capitalone.com/bank/cds/online-cds/

They may even throw in some travel miles during account opening.

by
| | Reply
Post ID: @7jil+1qYpRQNf

Sounds like a great ROE when compared to the output of some of our contractors.

by
| | Reply
Post ID: @lkd+1qYpRQNf

Post a reply

: