earnings
confidence high
sentiment positive
materiality 0.70
Northern Trust Q4 net income $406.4M, EPS $1.91; revenue up 9% YoY
NORTHERN TRUST CORP
2021-FY EPS reported
$7.14
revenue$6,464,500,000
- Diluted EPS of $1.91 vs $1.12 in Q4 2020 and $1.80 in Q3 2021.
- Revenue (FTE) $1.677B (+9% YoY); trust/investment servicing fees $1.111B (+8%).
- Net interest income (FTE) $370.6M (+7% YoY); net interest margin 0.99%.
- Provision for credit losses benefit of $11.5M; allowance down 29% YoY to $184.7M.
- Client AUC/A $16.25T (+12% YoY); AUM $1.607T (+14%); ROACE 14.5%.