secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0000073124-25-000156
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 reports Q1 net income $392M, diluted EPS $1.90, up 99% YoY; revenue up 18%
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- Net income $392.0M, diluted EPS $1.90 vs $0.96 YoY; total revenue (FTE) $1,945.6M, up 18% YoY.
- Trust fees $1,213.8M (+6% YoY); net interest income $573.7M (+7% YoY).
- AUC/A $16.9T (+3% YoY); AUM $1.6T (+7% YoY).
- Noninterest expense $1,417.6M (+4% YoY); provision for credit losses $1.0M (vs -$8.5M YoY).
- ROE 13.0% (vs 7.3% YoY); returned $435M to shareholders in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000156/0000073124-25-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000156/ntrs-20250422.htm
  HTML page:      https://secwatch.observer/filing/0000073124-25-000156

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