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    Sharon Leung

    Senior Vice President at Wolfe Research

    Sharon Leung is a Senior Vice President at Wolfe Research, specializing in equity research within the Financial sector. She covers companies including TPG Inc and Northern Trust Corp, and according to TipRanks, has a success rate of 50% with an average return of 5.5% over the last year. Leung began her analyst career at Wolfe Research as a Vice President of Equity Research in July 2018, advancing to Senior Vice President in January 2019. She is recognized for her focused sector analysis and has participated in earnings calls with major financial institutions, leveraging strong credentials to deliver actionable insights.

    Sharon Leung's questions to NORTHERN TRUST (NTRS) leadership

    Sharon Leung's questions to NORTHERN TRUST (NTRS) leadership • Q3 2024

    Question

    Sharon Leung, on behalf of Steven Chubak, inquired about the current floating-rate mix of the balance sheet and the future trajectory of expense growth related to resiliency and modernization investments.

    Answer

    Jason Tyler, then-CFO, stated that the floating-rate mix is now approximately 50%. He also explained that elevated modernization and resiliency spending will continue for another 2-3 quarters before declining in late 2025, with no current plans to redeploy those specific funds elsewhere.

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