{"schema_version":"secwatch.filing_event.v1","accession":"0000073124-23-000099","form_type":"8-K","ticker":"NTRS","cik":"0000073124","company_name":"NORTHERN TRUST CORP","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.105806+00:00","generated_at":"2026-06-16T17:30:57.850942+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Northern Trust Q1 earnings: net income $334.6M, EPS $1.51, revenue up 2% but fees down 9%","bullets":["Net income $334.6M ($1.51 diluted EPS) vs $389.3M ($1.77) YoY; total revenue (FTE) $1.76B up 2% YoY.","Trust, investment and other servicing fees $1.06B down 9% YoY on lower market values and asset outflows.","Net interest income $544.4M up 40% YoY driven by higher rates; net interest margin 1.62%.","Provision for credit losses $15M, up from $2M a year ago, primarily on commercial real estate growth.","Return on avg common equity 12.4% (vs 14.2% YoY); CET1 ratio 11.3%; returned $259.5M to shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0000073124-23-000099","json":"https://secwatch.observer/filing/0000073124-23-000099.json","markdown":"https://secwatch.observer/filing/0000073124-23-000099.md","text":"https://secwatch.observer/filing/0000073124-23-000099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000099/0000073124-23-000099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000099/ntrs-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:30:57.850942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0cd79f42039065b715f44939dad0f43e152cdaf8","claim":"NORTHERN TRUST CORP reported three months ended March 31, 2023 results: revenue $1.7 billion, net income $334.6 million, EPS $1.51.","evidence_excerpt":"NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER NET INCOME OF $334.6 MILLION, EARNINGS PER DILUTED COMMON SHARE OF $1.51 Revenue of $1.7 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000099/0000073124-23-000099-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$1.7 billion"},{"label":"Net income","value":"$334.6 million"},{"label":"EPS","value":"$1.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}