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NORTHERN TRUST CORP (NTRS)

For the quarter ending 2025-06-30, NTRS made $1,231,100K in revenue. $416,600K in net income. Net profit margin of 33.84%.

Overview

Revenue
$1,231,100K
Net Income
$416,600K
Net Profit Margin
33.84%
EPS
$2.13
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Trust, investment and other servicing fees1,231,100 1,213,800 1,196,600 1,166,100
Other operating income56,400 50,700 111,800 924,700
Foreign exchange trading income50,600 58,700 54,100 58,400
Investment security gains (losses), net- - - 100
Treasury management fees9,700 9,600 8,200 9,000
Security commissions and trading income39,600 39,100 35,500 34,300
Total noninterest income1,387,400 1,371,900 1,406,200 2,192,600
Outside services247,000 245,200 256,300 260,900
Other operating expense90,900 84,000 86,100 175,300
Occupancy52,500 53,400 53,800 54,800
Compensation614,800 644,400 583,600 665,200
Equipment and software293,700 280,900 270,400 277,500
Employee benefits117,700 109,700 109,200 100,200
Total noninterest expense1,416,600 1,417,600 1,359,400 1,533,900
Interest expense1,602,300 1,572,800 1,967,900 1,983,600
Interest income2,212,800 2,140,900 2,530,200 2,506,500
Net interest income610,500 568,100 562,300 522,900
Provision for credit losses16,500 1,000 8,000 8,000
Net interest income after provision for credit losses594,000 567,100 554,300 514,900
Income before income taxes564,800 521,400 601,100 1,173,600
Provision for income taxes143,500 129,400 136,200 277,500
Net income421,300 392,000 464,900 896,100
Preferred stock dividends4,700 16,200 16,200 4,700
Net income applicable to common stock416,600 375,800 448,700 891,400
Basic (in shares)192,751,910 195,192,789 199,937,543 203,306,236
Diluted (in shares)193,374,888 196,124,971 200,549,063 203,738,670
Net income basic (in dollars per share)2.14 1.91 2.23 4.35
Net income diluted (in dollars per share)2.13 1.9 2.22 4.34
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Interest income$2,212,800K (-11.72%↓ Y/Y)Net interest income$610,500K (16.75%↑ Y/Y)Security commissions andtrading income$39,600K (15.45%↑ Y/Y)Treasury management fees$9,700K (7.78%↑ Y/Y)Foreign exchangetrading income$50,600K (-13.36%↓ Y/Y)Other operatingincome$56,400K (-93.90%↓ Y/Y)Trust, investment andother servicing fees$1,231,100K (5.57%↑ Y/Y)Interest expense$1,602,300K (-19.22%↓ Y/Y)Net interest incomeafter provision for...$594,000K (15.36%↑ Y/Y)Total noninterestincome$1,387,400K (-36.72%↓ Y/Y)Provision for creditlosses$16,500K (106.25%↑ Y/Y)Income before incometaxes$564,800K (-51.87%↓ Y/Y)Total noninterestexpense$1,416,600K (-7.65%↓ Y/Y)Net income$421,300K (-52.99%↓ Y/Y)Provision for income taxes$143,500K (-48.29%↓ Y/Y)Employee benefits$117,700K (17.47%↑ Y/Y)Equipment and software$293,700K (5.84%↑ Y/Y)Compensation$614,800K (-7.58%↓ Y/Y)Occupancy$52,500K (-4.20%↓ Y/Y)Other operatingexpense$90,900K (-48.15%↓ Y/Y)Outside services$247,000K (-5.33%↓ Y/Y)Net incomeapplicable to common stock$416,600K (-53.26%↓ Y/Y)Preferred stock dividends$4,700K (0.00%↑ Y/Y)