secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0000073124-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Trust Q4 net income $406.4M, EPS $1.91; revenue up 9% YoY
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000017/0000073124-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000017/ntrs-20220120.htm
  HTML page:      https://secwatch.observer/filing/0000073124-22-000017

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