{"schema_version":"secwatch.filing_event.v1","accession":"0000073124-23-000155","form_type":"8-K","ticker":"NTRS","cik":"0000073124","company_name":"NORTHERN TRUST CORP","filed_at":"2023-07-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.534496+00:00","generated_at":"2026-06-13T06:42:02.455173+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Northern Trust Q2 net income $331.8M ($1.56 EPS) down 16% YoY; revenue flat","bullets":["Diluted EPS of $1.56 vs $1.86 YoY; net income fell 16% to $331.8M from $396.2M.","Trust fees of $1,096M (-4% YoY); net interest income $525M (+12% YoY).","Noninterest expense $1,332M (+9% YoY) includes $38.7M severance and $25.6M write-off.","AUC/A $14.48T (+5% YoY); AUM $1.37T (+5% YoY); return on common equity 12.4%.","Repurchased 1.36M shares at $72.91 avg; capital ratios strong (CET1 11.3%)."],"urls":{"canonical":"https://secwatch.observer/filing/0000073124-23-000155","json":"https://secwatch.observer/filing/0000073124-23-000155.json","markdown":"https://secwatch.observer/filing/0000073124-23-000155.md","text":"https://secwatch.observer/filing/0000073124-23-000155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000155/0000073124-23-000155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000155/ntrs-20230719.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:42:02.455173+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":"34bc140c9d783949e837044334386b7fd0f705f0","claim":"NORTHERN TRUST CORP reported second quarter 2023 results: revenue $1,770.2, net income $331.8 million, EPS $1.56.","evidence_excerpt":"Fees $ 1,096.3 $ 1,063.6 $ 1,143.4 3 % (4) % Other Noninterest Income (Loss) 149.3 149.8 166.6 — (10) Net Interest Income (FTE*) 524.6 544.4 469.8 (4) 12 Total Revenue (FTE*) $ 1,770.2 $ 1,757.8 $ 1,779.8 1 % (1) % Noninterest Expense $ 1,331.9 $ 1,285.6 $ 1,223.6 4 % 9 % (Release of) Provision for Credit Losses (15.5) 15.0 4.5 N/M N/M Provision for Income Taxes","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/73124/000007312423000155/0000073124-23-000155-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$1,770.2"},{"label":"Net income","value":"$331.8 million"},{"label":"EPS","value":"$1.56"},{"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"}