secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN TRUST CORP (NTRS)
CIK:        0000073124
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0000073124-25-000244
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northern Trust Q3 net income $457.6M, diluted EPS $2.29, up 7% QoQ and 3% YoY
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- Trust, investment and other servicing fees of $1,265.5M, up 6% YoY; total revenue (FTE) $2,030.9M, up 3% YoY.
- Net interest income (FTE) $596.3M, up 5% YoY; net interest margin 1.70%, up 2 bps YoY.
- Provision for credit losses was a benefit of $17M vs. $8M provision in Q3 2024.
- ROE 14.8% near high end of target range; fifth consecutive quarter of positive operating leverage.
- Asset Servicing pre-tax income $294.1M (+14% YoY); Wealth Management pre-tax income $342.4M (+11% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000244/0000073124-25-000244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73124/000007312425000244/ntrs-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000073124-25-000244

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