secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0000073124-22-000113
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Trust Q1 net income $389.3M, EPS $1.77; revenue up 9% YoY
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- Diluted EPS $1.77 vs $1.70 YoY; net income $389.3M vs $375.1M YoY.
- Total revenue (FTE) $1.725B, up 9% YoY driven by 10% higher trust fees and 12% higher NII.
- Trust, investment and other servicing fees $1.168B, up 10% YoY; NII (FTE) $387.7M.
- Return on average common equity 14.2%; Common Equity Tier 1 capital 11.4%.
- Returned $181.6M to common shareholders via dividends and share repurchases in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000113/0000073124-22-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000113/ntrs-20220426.htm
  HTML page:      https://secwatch.observer/filing/0000073124-22-000113

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