secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000073124-21-000234
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Trust Q2 net income $368.1M, EPS $1.72, up 18% YoY; trust fees up 12%
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- Diluted EPS $1.72 vs $1.46 YoY (+18%); net income $368.1M.
- Trust, investment and other servicing fees $1.075B, up 12% YoY driven by new business and markets.
- Net interest income (FTE) $343.9M, down 9% YoY due to lower interest rates.
- Provision for credit losses negative $27M reflecting improved economic outlook.
- AUC/A $15.7T, up 30% YoY; AUM $1.54T, up 22% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312421000234/0000073124-21-000234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312421000234/ntrs-20210721.htm
  HTML page:      https://secwatch.observer/filing/0000073124-21-000234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer