Northern Trust Corporation (NTRSO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
50 S LASALLE ST CHICAGO, IL 60603 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6022 - State Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,014 | 6,707 | 8,479 | 7,948 | 6,681 | 6,731 | |||
| Cash and cash equivalent | 6,014 | 6,707 | 8,479 | 7,948 | 6,681 | 6,731 | |||
| Financing receivable, accrued interest, after allowance for credit loss | ✕ | ✕ | ✕ | ✕ | ✕ | 253 | 242 | ||
| Debt securities, held-to-maturity, accrued interest, after allowance for credit loss | ✕ | ✕ | ✕ | ✕ | ✕ | 70 | 72 | ||
| Total current assets: | 6,014 | 6,707 | 8,479 | 7,948 | 7,004 | 7,044 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 478 | 523 | |||||||
| Property, plant and equipment | 477 | 490 | 480 | 481 | 488 | 502 | |||
| Intangible assets, net (including goodwill) | 701 | 695 | 708 | 697 | 698 | 702 | |||
| Goodwill | 701 | 695 | 708 | 697 | 698 | 702 | |||
| Investment, proportional amortization method, elected, amount | 857 | 877 | |||||||
| Total noncurrent assets: | 2,035 | 2,540 | 1,188 | 1,178 | 1,186 | 1,727 | |||
| Other undisclosed assets | 157,023 | 146,262 | 146,087 | 147,671 | 147,922 | 142,012 | |||
| TOTAL ASSETS: | 165,071 | 155,508 | 155,754 | 156,797 | 156,111 | 150,783 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 336 | 462 | 171 | 629 | 511 | 785 | |||
| Total current liabilities: | 336 | 462 | 171 | 629 | 511 | 785 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 211 | 227 | |||||||
| Investment program, proportional amortization method, elected, commitment | 211 | 227 | |||||||
| Total noncurrent liabilities: | 211 | 227 | |||||||
| Other undisclosed liabilities | 151,646 | 142,031 | 142,834 | 143,512 | 143,498 | 138,101 | |||
| Total liabilities: | 152,193 | 142,720 | 143,005 | 144,141 | 144,009 | 138,885 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 12,879 | 12,788 | 12,749 | 12,656 | 12,102 | 11,898 | |||
| Common stock | 409 | 409 | 409 | 409 | 409 | 409 | |||
| Treasury stock, value | (4,515) | (4,331) | (4,086) | (3,786) | (3,537) | (3,501) | |||
| Additional paid in capital | 997 | 1,025 | 1,008 | 997 | 984 | 1,010 | |||
| Accumulated other comprehensive loss | (740) | (814) | (780) | (865) | (918) | (1,138) | |||
| Retained earnings | 15,842 | 15,615 | 15,313 | 15,016 | 14,279 | 14,234 | |||
| Other undisclosed equity, attributable to parent | 885 | 885 | 885 | 885 | 885 | 885 | |||
| Total equity: | 12,879 | 12,788 | 12,749 | 12,656 | 12,102 | 11,898 | |||
| TOTAL LIABILITIES AND EQUITY: | 165,071 | 155,508 | 155,754 | 156,797 | 156,111 | 150,783 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,812 | 1,269 | 2,190 | 2,974 | 1,858 | 2,599 | ||
| Net investment income | 1,761 | 2,079 | 2,049 | 1,986 | ||||
| Other operating income | 51 | 112 | 925 | 61 | ||||
| Gross profit: | 1,812 | 1,269 | 2,190 | 2,974 | 1,858 | 2,599 | ||
| Operating expenses | (320) | (342) | (342) | (345) | (314) | (322) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 51 | 60 | 112 | 925 | 61 | 59 | ||
| Operating income: | 1,543 | 987 | 1,961 | 3,554 | 1,604 | 2,335 | ||
| Nonoperating income (expense) (gain, Foreign Currency Transaction, before Tax) | 59 | 62 | 54 | 58 | 57 | 49 | ||
| Interest and debt expense | (1,918) | (1,717) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,601 | 1,049 | 2,015 | 3,612 | (256) | 668 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,080) | (454) | (1,414) | (2,439) | 547 | (522) | ||
| Income from continuing operations before income taxes: | 521 | 594 | 601 | 1,174 | 291 | 146 | ||
| Income tax expense | (129) | (139) | (136) | (278) | (76) | (33) | ||
| Net income attributable to parent: | 392 | 455 | 465 | 896 | 215 | 113 | ||
| Preferred stock dividends and other adjustments | (16) | (5) | (16) | (5) | (16) | (5) | ||
| Net income available to common stockholders, basic: | 376 | 451 | 449 | 891 | 199 | 108 | ||
| Other undisclosed net loss available to common stockholders, diluted | (4) | (4) | (4) | (7) | (2) | (2) | ||
| Net income available to common stockholders, diluted: | 372 | 447 | 445 | 884 | 196 | 107 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 392 | 455 | 465 | 896 | 215 | 113 | ||
| Other undisclosed comprehensive loss | (157) | (120) | ||||||
| Comprehensive income (loss): | 392 | 299 | 465 | 896 | 215 | (7) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 75 | 122 | 86 | 53 | 220 | 346 | ||
| Comprehensive income, net of tax, attributable to parent: | 467 | 421 | 550 | 949 | 435 | 339 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.