secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000073124-25-000023
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 Q4 EPS $2.26 vs $0.52 YoY; revenue up 26% to $1.97B
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- Net income $455.4M, diluted EPS $2.26; compared to $113.1M/$0.52 in Q4 2023.
- Total revenue (FTE) $1.97B, up 26% YoY, driven by fee growth (+31% noninterest income).
- Trust, investment and other servicing fees $1.22B, +12% YoY, with Asset Servicing +10% and Wealth Management +14%.
- Net interest margin 1.71%, up 12bps YoY; net interest income (FTE) $574.3M, +15% YoY.
- Return on average common equity 15.3% vs 4.0% in prior year; provision for credit losses negative $10.5M (release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000023/0000073124-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000023/ntrs-20250123.htm
  HTML page:      https://secwatch.observer/filing/0000073124-25-000023

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