---
schema_version: "secwatch.filing_event.v1"
accession: "0000073124-23-000018"
form_type: "8-K"
ticker: "NTRS"
cik: "0000073124"
company_name: "NORTHERN TRUST CORP"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:33:12.122335+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Northern Trust Q4 net income $155.7M, EPS $0.71; includes $213M securities loss

## Summary
- Net income $155.7M ($0.71 diluted EPS) vs $394.8M ($1.80) in Q3 and $406.4M ($1.91) in Q4 2021.
- Total revenue (FTE) $1,534.5M, down 8% YoY; trust fees down 6% to $1,042.1M.
- Net interest income (FTE) $550.0M, up 48% YoY; net interest margin 1.63% (up 64 bps YoY).
- Pre-tax charges: $213M AFS security loss, $32M severance, $14M occupancy, $6.8M pension settlement.
- Assets under custody/administration $13.6T, down 16% YoY; AUM $1.25T, down 22% YoY.

## SEC filing metadata
- accession: 0000073124-23-000018
- form_type: 8-K
- ticker: NTRS
- cik: 0000073124
- company_name: NORTHERN TRUST CORP
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73124/000007312423000018/0000073124-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73124/000007312423000018/ntrs-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000073124-23-000018
- JSON: https://secwatch.observer/filing/0000073124-23-000018.json
- Plain text: https://secwatch.observer/filing/0000073124-23-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.