$142.25
+0.59%Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
NTRS โข NASDAQ
| Northern Trust Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
14.3B | 15.9B | 12.1B | 7.8B | 6.5B | 6.3B | 6.9B | 6.7B | 5.7B | 5B | 4.8B | 4.5B | 4.3B | 4.2B | 4.2B | 4B | 4.3B | 5.5B | 5.4B | 4.5B | |
GROSS PROFIT | ||||||||||||||||||||
(6.2B) | (7.6B) | (5.4B) | (1B) | -57.7M | (325.3M) | (807.5M) | (684.2M) | (312.2M) | (156M) | (110.9M) | (187.4M) | (242.4M) | (322.4M) | (454.5M) | (538M) | (621.2M) | (1.5B) | (2B) | (1.5B) | |
8.1B | 8.3B | 6.7B | 6.7B | 6.5B | 6B | 6.1B | 6B | 5.4B | 4.9B | 4.6B | 4.3B | 4B | 3.9B | 3.7B | 3.5B | 3.7B | 4B | 3.5B | 3B | |
OPERATING INCOME | ||||||||||||||||||||
(5.8B) | (5.6B) | (5.3B) | (5B) | (4.5B) | (4.3B) | (4.1B) | (4B) | (3.8B) | (3.3B) | (3.2B) | (3.1B) | (3B) | (2.9B) | (2.8B) | (2.5B) | (2.4B) | (2.7B) | (2.4B) | (2B) | |
(3.5B) | (3B) | (2.9B) | (2.8B) | (2.6B) | (2.4B) | (2.4B) | (2.3B) | (2.2B) | (2B) | (1.9B) | (1.8B) | (1.7B) | (1.7B) | (1.7B) | (1.5B) | (1.5B) | (1.5B) | (1.4B) | (1.2B) | |
2.3B | 2.7B | 1.5B | 1.8B | 2B | 1.6B | 1.9B | 2B | 1.6B | 1.5B | 1.5B | 1.2B | 1.1B | 992.3M | 883.7M | 989.8M | 1.3B | 1.3B | 1.1B | 1B | |
PRE-TAX INCOME | ||||||||||||||||||||
(6.2B) | (7.6B) | (5.3B) | (990.5M) | (23.8M) | (200.3M) | (822M) | (698.7M) | (340.2M) | (182M) | (153.9M) | (181.4M) | (222.4M) | (297.4M) | (399.5M) | (378M) | (406.2M) | (1.4B) | (1.9B) | (1.5B) | |
2.4B | 2.2B | 2B | 1.9B | 1.4B | 1.4B | 1.7B | 1.6B | 1.4B | 1.2B | 1.1B | 1B | 933.1M | 990.3M | 1B | 918.7M | 999.8M | 1.1B | 845.4M | 744.7M | |
(2.3B) | (2.7B) | (2.4B) | (2.2B) | (2B) | (1.9B) | (1.8B) | (1.7B) | (1.5B) | (1.4B) | (1.3B) | (1.3B) | (1.2B) | (1.2B) | (1.2B) | (1B) | (932.2M) | (1.2B) | (1B) | (797.5M) | |
8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
2.3B | 2.7B | 1.5B | 1.8B | 2B | 1.6B | 1.9B | 2B | 1.6B | 1.5B | 1.5B | 1.2B | 1.1B | 992.3M | 883.7M | 989.8M | 1.3B | 1.3B | 1.1B | 1B | |
NET INCOME | ||||||||||||||||||||
(602.6M) | (628.4M) | (357.5M) | (430.3M) | (464.8M) | (418.3M) | (451.9M) | (401.4M) | (434.9M) | (484.6M) | (491.2M) | (378.4M) | (344.2M) | (305M) | (280.1M) | (320.3M) | (391M) | (480.9M) | (333.9M) | (358.8M) | |
1.7B | 2B | 1.1B | 1.3B | 1.5B | 1.2B | 1.5B | 1.6B | 1.2B | 1B | 973.8M | 811.8M | 731.3M | 687.3M | 603.6M | 669.5M | 864.2M | 794.8M | 726.9M | 665.4M |
NTRS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | March 11, 2026 | April 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 10, 2026 | February 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 22, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 19, 2025 | November 19, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 22, 2025 | October 22, 2025 | 2025 | |
S-3 S-3 N/A | October 22, 2025 | October 22, 2025 | ย | |
8-K 8-K 2025 N/A | September 03, 2025 | September 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | July 30, 2025 | June 30, 2025 | 2025 |
Continue your NTRS research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.