NORTHERN TRUST CORP

For the period ended Mar 31, 2024. Filed Apr 23, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 23, 2024

NTRS$177.89+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

CONSOLIDATED STATEMENTS OF INCOME(UNAUDITED)	NORTHERN TRUST CORPORATION

	THREE MONTHS ENDED MARCH 31,
(In Millions Except Share Information)	2024	2023
Noninterest Income
Trust, Investment and Other Servicing Fees	$1,142.9	$1,063.6
Foreign Exchange Trading Income	57.0	53.0
Treasury Management Fees	9.3	8.4
Security Commissions and Trading Income	37.9	34.7
Other Operating Income	61.0	46.8
Investment Security Gains (Losses), net	(189.4)	6.9
Total Noninterest Income	1,118.7	1,213.4
Net Interest Income
Interest Income	2,445.6	1,455.4
Interest Expense	1,917.5	924.2
Net Interest Income	528.1	531.2
Provision for Credit Losses	(8.5)	15.0
Net Interest Income after Provision for Credit Losses	536.6	516.2
Noninterest Expense
Compensation	627.1	595.2
Employee Benefits	101.1	101.0
Outside Services	229.3	210.8
Equipment and Software	252.7	231.7
Occupancy	54.1	61.3
Other Operating Expense	100.4	85.6
Total Noninterest Expense	1,364.7	1,285.6
Income before Income Taxes	290.6	444.0
Provision for Income Taxes	75.9	109.4
Net Income	$214.7	$334.6
Preferred Stock Dividends	16.2	16.2
Net Income Applicable to Common Stock	$198.5	$318.4
Per Common Share
Net Income – Basic	$0.96	$1.51
– Diluted	0.96	1.51
Average Number of Common Shares Outstanding
– Basic	204,628,796	208,186,841
– Diluted	205,134,845	208,730,389

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.