secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000073124-22-000177
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Trust Q2 net income $396.2M, EPS $1.86, revenue +12% YoY, dividend raised 7%
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- Diluted EPS $1.86 vs $1.72 YoY (+8%); net income $396.2M up from $368.1M.
- Total revenue (FTE) $1,779.8M, +12% YoY; trust fees +6%, net interest income +37%.
- Dividend increased 7% to $0.75/share for Q3; ROACE 15.7%.
- Assets under custody/administration $13.7T, down 13% YoY on market declines.
- CET1 ratio 10.5% (Standardized), down from 11.4% in Q1; effective tax rate 26.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000177/0000073124-22-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312422000177/ntrs-20220720.htm
  HTML page:      https://secwatch.observer/filing/0000073124-22-000177

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