For the year ending 2025-12-31, NTRS made $5,017,800K in revenue. $1,695,100K in net income. Net profit margin of 33.78%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Trust, investment and other servicing fees | 5,017,800 | 4,727,800 | 4,361,800 | 4,432,600 |
| Foreign exchange trading income | 240,800 | 231,200 | 203,900 | 288,600 |
| Treasury management fees | 38,700 | 35,700 | 31,600 | 39,300 |
| Security commissions and trading income | 170,400 | 150,500 | 135,000 | 136,200 |
| Other operating income | 207,700 | 1,157,400 | 228,700 | 191,300 |
| Investment security gains (losses), net | 0 | -189,300 | -169,500 | -214,000 |
| Total noninterest income | 5,675,400 | 6,113,300 | 4,791,500 | 4,874,000 |
| Interest income | 8,624,600 | 9,762,300 | 7,325,000 | 2,877,700 |
| Interest expense | 6,213,600 | 7,585,200 | 5,343,000 | 990,500 |
| Net interest income | 2,411,000 | 2,177,100 | 1,982,000 | 1,887,200 |
| Provision for credit losses | -7,500 | -3,000 | 24,500 | 12,000 |
| Net interest income after provision for credit losses | 2,418,500 | 2,180,100 | 1,957,500 | 1,875,200 |
| Compensation | 2,571,300 | 2,471,100 | 2,321,800 | 2,248,000 |
| Employee benefits | 462,100 | 417,800 | 405,200 | 437,400 |
| Outside services | 988,500 | 998,000 | 906,500 | 880,300 |
| Equipment and software | 1,169,900 | 1,075,000 | 945,500 | 838,800 |
| Occupancy | 217,300 | 216,800 | 232,300 | 219,100 |
| Other operating expense | 345,300 | 455,200 | 472,900 | 359,300 |
| Total noninterest expense | 5,754,400 | 5,633,900 | 5,284,200 | 4,982,900 |
| Income before income taxes | 2,339,500 | 2,659,500 | 1,464,800 | 1,766,300 |
| Statutory federal tax rate | 491,300 | - | - | - |
| Tax credits | 7,200 | - | - | - |
| Investment tax credits, net | 15,500 | - | - | - |
| Nontaxable or nondeductible tax benefits | 1,000 | - | - | - |
| Effects of cross-border tax laws | 13,600 | - | - | - |
| Valuation allowance | 59,800 | - | - | - |
| Other, net | 800 | - | - | - |
| Domestic state and local income taxes, net | 38,800 | - | - | - |
| Foreign tax effects | 21,100 | - | - | - |
| Worldwide changes in unrecognized tax benefits | -1,100 | - | - | - |
| Provision for income taxes | 602,600 | 628,400 | 357,500 | 430,300 |
| Net income | 1,736,900 | 2,031,100 | 1,107,300 | 1,336,000 |
| Preferred stock dividends | 41,800 | 41,800 | 41,800 | 41,800 |
| Net income applicable to common stock | 1,695,100 | 1,989,300 | 1,065,500 | 1,294,200 |
| Basic EPS | 8.78 | 9.8 | 5.09 | 6.16 |
| Diluted EPS | 8.74 | 9.77 | 5.08 | 6.14 |
| Basic Average Shares | 191,358,026 | 201,263,646 | 207,248,094 | 208,309,331 |
| Diluted Average Shares | 192,246,525 | 201,870,105 | 207,563,746 | 208,867,264 |
NORTHERN TRUST CORP (NTRS)
NORTHERN TRUST CORP (NTRS)