Ticker
Reporting Basis
Period
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Form Type
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NORTHERN TRUST   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Loans and Leases2,567.102,551.101,344.30713.50774.601,153.401,098.80919.10806.50731.90
Securities-Taxable1,888.601,534.40899.90667.60812.401,070.70905.20594.10428.80332.20
Securities-Non-Taxable1.101.301.301.501.403.807.009.807.504.80
Time Deposits with Banks122.60130.1046.609.1022.4072.4070.0063.8064.30108.30
Federal Reserve Deposits and Other1,735.901,462.30472.1014.8032.70199.60240.40182.60109.8046.80
Federal Funds Sold and Securities Purchased under Agreements to Resell and Other3,340.201,585.20103.70--------------
Federal funds sold--0.30----------------
Other interest-earning assets106.8060.309.80--------------
Interest Income9,762.307,325.002,877.701,406.501,643.502,499.902,321.401,769.401,416.901,224.00
Deposits3,415.902,685.30602.80(61.30)48.40488.90384.60182.1083.5074.30
Long-Term Debt223.50147.2044.0021.1026.5038.3045.0039.2026.4024.40
Commercial Paper--------------------
Senior Notes173.50170.0092.7048.3072.7072.6053.4046.9046.8046.80
Floating Rate Capital Debt------1.704.208.207.504.903.502.40
Federal Funds Purchased129.20256.9034.10(0.40)2.2025.9050.3010.401.500.70
Securities Sold under Agreements to Repurchase3,280.401,541.1090.700.201.006.407.806.002.300.30
Other Borrowings362.70542.50126.2014.2045.30181.70150.1050.7018.005.00
Interest expense7,585.205,343.00990.5023.80200.30822.00698.70340.20182.00153.90
Net Interest Income2,177.101,982.001,887.201,382.701,443.201,677.901,622.701,429.201,234.901,070.10
Provision for credit losses(3.00)24.5012.00(81.50)125.00(14.50)(14.50)(28.00)(26.00)(43.00)
Net interest income after provision for credit losses2,180.101,957.501,875.201,464.201,318.201,692.401,637.201,457.201,260.901,113.10
Treasury Management Fees35.7031.6039.3044.3045.4044.5051.8056.4062.8064.70
Investment Security Gains, net(189.30)(169.50)(214.00)(0.30)(0.40)(1.40)(1.00)(1.60)(3.20)(0.30)
Gain on Visa Share Redemption--------------------
Trust, Investment and Other Servicing Fees4,727.804,361.804,432.604,361.103,995.003,852.103,753.703,434.303,108.102,980.50
Security Commissions and Trading Income150.50135.00136.20140.20133.20103.6098.3089.6081.4078.70
Foreign Exchange Trading Profits231.20203.90288.60292.60290.40250.90307.20209.90236.60261.80
Other Operating Income1,157.40228.70191.30243.90194.00145.50127.50157.50241.20247.10
Loan Service Fees--------------------
Banking Service Fees--------------------
Gains (Losses) from Equity Investments--------------------
Gain on Sale of a Retail Branch--------------------
Gain on Sale of Nonperforming Loans--------------------
Gain on Sale of Buildings--------------------
Other Income--------------------
Loss on Sale of Non-U.S. Subsidiary--------------------
Non-Trading Foreign Exchange Gains (Losses)--------------------
Credit Default Swap Gains (Losses)--------------------
Total Noninterest Income6,113.304,791.504,874.005,081.804,657.604,395.204,337.503,946.103,726.903,632.50
Compensation2,471.102,321.802,248.002,011.001,947.101,859.001,806.901,733.701,541.101,443.30
Employee Benefits417.80405.20437.40431.40387.70355.20356.70319.90293.30285.30
Occupancy expense216.80232.30219.10208.70230.10212.90201.10191.80177.40173.50
Other Operating Expenses455.20472.90359.30299.10346.70329.80330.60331.60364.40328.00
Equipment Expense----------------467.40--
Outside Services Purchased--------------------
Software Amortization and Other Costs--------------------
Business Promotion--------------------
Other Intangibles Amortization--------------------
Software Asset Retirements--------------------
Other Expenses--------------------
Telecommunications--------------------
Postage and Supplies--------------------
Goodwill Amortization--------------------
Outside Services998.00906.50880.30849.40763.10774.50739.40668.40627.10595.70
Equipment and Software Expense1,075.00945.50838.80736.30673.50612.10582.20524.00--454.80
Visa Indemnification Charges--------------------
Capital Support Agreements--------------------
Securities Lending Client Support--------------------
Auction Rate Securities Purchase Program--------------------
FDIC Insurance Premiums--------------------
Staff Related--------------------
Total noninterest expenses5,633.905,284.204,982.904,535.904,348.204,143.504,016.903,769.403,470.703,280.60
Income Before Income Taxes2,659.501,464.801,766.302,010.101,627.601,944.101,957.801,633.901,517.101,465.00
Current Tax Provision:Federal--250.50357.70241.50203.00216.40132.80----489.80
Current Tax Provision:State--63.2084.7074.0057.2050.7095.40----64.50
Current Tax Provision:Non-U.S--92.00130.60147.30141.70150.50162.70----83.10
Deferred Tax Provision:Federal--(54.00)(126.00)(11.70)8.8016.5033.80----(131.10)
Deferred Tax Provision:State--(1.40)(10.70)12.005.4016.50(13.80)----(13.60)
Provision for income taxes628.40357.50430.30464.80418.30451.90401.40434.90484.60491.20
Deferred Tax Provision:Non-U.S--7.20(6.00)1.702.201.30(9.50)----(1.50)
Income from Continuing Operations--------------------
Income (Loss) from Discontinued Operations of NTRC--------------------
Loss on Disposal of NTRC--------------------
Income Tax Benefit (Expense)--------------------
Consolidated Net Income (Loss)2,031.101,107.301,336.001,545.301,209.301,492.201,556.401,199.001,032.50973.80
Dividends on Preferred Stock41.8041.8041.8041.8056.2046.4046.4049.8023.4023.40
Earnings allocated to participating securities16.9011.6011.8012.90--16.9020.1018.8018.7015.40
Net income allocated to common stockholders1,972.401,053.901,282.401,490.601,153.101,428.901,489.901,130.40990.40935.00
Income from Continuing Operations-Basic--------------------
Net Income Per Common Share- Basic9.805.096.167.165.486.666.684.954.354.03
Income from Continuing Operations-Diluted--------------------
Net Income Per Common Share- Diluted9.775.086.147.145.466.636.644.924.323.99
Average Number of Common Shares Outstanding-Basic201.26207.25208.31208.08208.32214.53223.15228.26227.58232.28
Average Number of Common Shares Outstanding-Diluted201.87207.56208.87208.90209.01215.60224.49229.65229.15234.22