$NTRSO
NORTHERN TRUST CORP
CIK:0000073124|SEC Filings
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Noninterest Income | ||||||||
| Trust, Investment and Other Servicing Fees | $ 1,349.5 | $ 1,231.1 | $ 2,690.9 | $ 2,444.9 | ||||
| Foreign Exchange Trading Income | 97.1 | 50.6 | 184.8 | 109.3 | ||||
| Security Commissions and Trading Income | 55.6 | 39.6 | 107.7 | 78.7 | ||||
| Other Operating Income(1) | 594.2 | [1] | 66.1 | [1] | 664.7 | 126.4 | ||
| Investment Security Gains (Losses), net | (73.9) | 0.0 | (73.9) | 0.0 | ||||
| Total Noninterest Income | 2,022.5 | 1,387.4 | 3,574.2 | 2,759.3 | ||||
| Net Interest Income | ||||||||
| Interest Income | 2,189.3 | 2,212.8 | 4,423.4 | 4,353.7 | ||||
| Interest Expense | 1,513.8 | 1,602.3 | 3,093.9 | 3,175.1 | ||||
| Net Interest Income | 675.5 | 610.5 | 1,329.5 | 1,178.6 | ||||
| Provision for Credit Losses | (5.3) | 16.5 | (8.3) | 17.5 | ||||
| Net Interest Income after Provision for Credit Losses | 680.8 | 594.0 | 1,337.8 | 1,161.1 | ||||
| Noninterest Expense | ||||||||
| Compensation and Benefits | 868.0 | 732.5 | 1,690.2 | 1,486.6 | ||||
| Outside Services | 246.3 | 247.0 | 483.0 | 492.2 | ||||
| Equipment and Software | 378.5 | 293.7 | 686.6 | 574.6 | ||||
| Occupancy | 53.5 | 52.5 | 104.8 | 105.9 | ||||
| Other Operating Expense | 92.3 | 90.9 | 182.0 | 174.9 | ||||
| Total Noninterest Expense | 1,638.6 | 1,416.6 | 3,146.6 | 2,834.2 | ||||
| Income before Income Taxes | 1,064.7 | 564.8 | 1,765.4 | 1,086.2 | ||||
| Provision for Income Taxes | 272.5 | 143.5 | 447.6 | 272.9 | ||||
| Net Income | 792.2 | 421.3 | 1,317.8 | 813.3 | ||||
| Preferred Stock Dividends | 4.7 | 4.7 | 20.9 | 20.9 | ||||
| Net Income Applicable to Common Stock | $ 787.5 | $ 416.6 | $ 1,296.9 | $ 792.4 | ||||
| Per Common Share | ||||||||
| Net Income — Basic (in dollars per share) | $ 4.25 | $ 2.14 | $ 6.97 | $ 4.05 | ||||
| Net Income — Diluted (in dollars per share) | $ 4.23 | $ 2.13 | $ 6.93 | $ 4.03 | ||||
| Average Number of Common Shares Outstanding | ||||||||
| Basic (in shares) | 183,993,670 | 192,751,910 | 184,742,283 | 193,965,606 | ||||
| Diluted (in shares) | 184,889,944 | 193,374,888 | 185,709,785 | 194,742,332 | ||||
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