Northern Trust Corporation Website

Northern Trust Corporation

NasdaqGS-NTRS

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Interest Income On Loans

2,499.9

1,643.5

1,406.5

2,877.7

7,325

9,086.7

Interest Income, Total

2,499.9

1,643.5

1,406.5

2,877.7

7,325

9,086.7

Interest On Deposits

822

200.3

23.8

990.5

5,343

7,096.4

Interest Expense, Total

822

200.3

23.8

990.5

5,343

7,096.4

Net Interest Income

1,677.9

1,443.2

1,382.7

1,887.2

1,982

1,990.3

Trust Income

3,852.1

3,995

4,361.1

4,432.6

4,361.8

4,510.9

Gain (Loss) on Sale of Invest. & Securities

-1.4

-0.4

-0.3

-214

-169.5

-365.7

Total Other Non Interest Income

544.5

663

721

655.4

599.2

1,498.6

Non Interest Income, Total

4,395.2

4,657.6

5,081.8

4,874

4,791.5

5,643.8

Revenues Before Provison For Loan Losses

6,073.1

6,100.8

6,464.5

6,761.2

6,773.5

7,634.1

Provision For Loan Losses

-14.5

125

-81.5

12

24.5

24.5

Total Revenues

6,087.6

5,975.8

6,546

6,749.2

6,749

7,609.6

Total Revenues % Chg.

1.9%

-1.8%

9.5%

3.1%

-0%

12.4%

Salaries And Other Employee Benefits

2,106.3

2,243.4

2,346.9

2,529.8

2,572.1

2,580.2

Occupancy Expense

212.9

230.1

208.7

35.3

71.1

71.1

Selling General & Admin Expenses, Total

1,598.7

1,587.2

1,746.7

2,104.8

2,206.2

2,319.5

Total Other Non Interest Expense

225.6

287.5

233.6

282.6

398.1

461.3

Non Interest Expense, Total

4,143.5

4,348.2

4,535.9

4,952.5

5,247.5

5,432.1

EBT, Excl. Unusual Items

1,944.1

1,627.6

2,010.1

1,796.7

1,501.5

2,177.5

Restructuring Charges

—

—

—

—

—

—

—

—

—

—

-81.8

Asset Writedown

—

—

—

—

—

—

—

—

—

Legal Settlements

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

—

—

—

-30.4

-36.7

-51.4

EBT, Incl. Unusual Items

1,944.1

1,627.6

2,010.1

1,766.3

1,464.8

2,044.3

Income Tax Expense

451.9

418.3

464.8

430.3

357.5

492.6

Earnings From Continuing Operations

1,492.2

1,209.3

1,545.3

1,336

1,107.3

1,551.7

Net Income

1,492.2

1,209.3

1,545.3

1,336

1,107.3

1,551.7

Preferred Dividend and Other Adjustments

63.3

68.3

54.7

53.6

53.4

56.3

Net Income to Common Incl Extra Items

1,428.9

1,141

1,490.6

1,282.4

1,053.9

1,495.4

Net Income to Common Excl. Extra Items

1,428.9

1,141

1,490.6

1,282.4

1,053.9

1,495.4

Total Shares Outstanding

209.7

208.3

207.8

208.4

205.1

201.6

Weighted Avg. Shares Outstanding

214.5

208.3

208.1

208.3

207.2

205.3

Weighted Avg. Shares Outstanding Dil

215.6

209

208.9

208.9

207.6

205.6

EPS

6.7

5.5

7.2

6.2

5.1

7.3

EPS Diluted

6.6

5.5

7.1

6.1

5.1

7.3

Effective Tax Rate

23.2%

25.7%

23.1%

24.4%

24.4%

24.1%