---
schema_version: "secwatch.filing_event.v1"
accession: "0000073124-24-000017"
form_type: "8-K"
ticker: "NTRS"
cik: "0000073124"
company_name: "NORTHERN TRUST CORP"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:13:01.661076+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Northern Trust Q4 net income $113.1M ($0.52 EPS) down 65% QoQ; includes portfolio loss & FDIC charge

## Summary
- Diluted EPS $0.52 vs $1.49 in Q3 and $0.71 in Q4 2022; net income $113.1M.
- Includes $176.4M pre-tax loss on AFS securities sold (portfolio repositioning) and $84.6M FDIC special assessment.
- Trust, investment & other servicing fees $1.09B, down 2% QoQ, up 5% YoY; AUM $1.43T (+15% YoY).
- Net interest income (FTE) $501.1M, up 7% QoQ, down 9% YoY; NIM 1.59% vs 1.45% prior quarter.
- Noninterest expense $1.39B, up 9% QoQ; returned $302.4M to shareholders through dividends and buybacks.

## SEC filing metadata
- accession: 0000073124-24-000017
- form_type: 8-K
- ticker: NTRS
- cik: 0000073124
- company_name: NORTHERN TRUST CORP
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73124/000007312424000017/0000073124-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73124/000007312424000017/ntrs-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000073124-24-000017
- JSON: https://secwatch.observer/filing/0000073124-24-000017.json
- Plain text: https://secwatch.observer/filing/0000073124-24-000017.txt

## Key facts
- Earnings Releases
  NORTHERN TRUST CORP reported three and twelve months ended December 31, 2023 results: net income $113.1 million, EPS $0.52.
  - Period: three and twelve months ended December 31, 2023
  - Net income: $113.1 million
  - EPS: $0.52
  - Result: reported results
  source text: Northern Trust Corporation today reported fourth quarter net income per diluted common share of $0.52, compared to $1.49 in the third quarter of 2023 and $0.71 in the fourth quarter of 2022. Net income was $113.1 million, compared to $327.8 million in the prior quarter and $155.7 million in the prior-year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000007312424000017/0000073124-24-000017-index.htm

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