NTRS
Northern Trust CorporationStock · FinancialsS&P 500 Equal Weight 0.2% · Nasdaq Composite 0.07% · S&P 500 0.05% · Russell 1000 0.05% · Russell 3000 0.04% · US Stock Market 0.04% · MSCI World 0.03% · MSCI ACWI 0.03%$189.19+1.07%
as of market close, Sep 11, 2026
☾ AH — —
NTRS financial statements
The full income statement, balance sheet, and cash-flow statement for Northern Trust Corporation (NTRS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 201.6M2024-09 198.2M2024-12 195.7M2025-03 194.5M2025-06 191.2M2025-09 189.1M2025-12 185.8M2026-03 185.0M2026-06 183.0M-9.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.09B-2.5% | 8.29B+22.4% | 6.77B+0.2% | 6.76B+4.6% | 6.46B+6.0% | ||
| Noninterest income | 5.68B-7.2% | 6.11B+27.6% | 4.79B-1.7% | 4.87B-4.1% | 5.08B+9.1% | |
| Amortization of intangibles | — | — | — | 9.30M-37.2% | 14.8M-12.4% | |
| Noninterest expense | 5.75B+2.1% | 5.63B+6.6% | 5.28B+6.0% | 4.98B+9.9% | 4.54B+4.3% | |
| Interest expense | — | — | 5.34B+439.4% | 991M+4061.8% | 23.8M-88.1% | |
| Interest & investment income | 8.62B-11.7% | 9.76B+33.3% | 7.33B+154.5% | 2.88B+104.6% | 1.41B-14.4% | |
| Net interest income | 2.41B+10.7% | 2.18B+9.8% | 1.98B+5.0% | 1.89B+36.5% | 1.38B-4.2% | |
| Pre-tax income | 2.34B-12.0% | 2.66B+81.6% | 1.46B-17.1% | 1.77B-12.1% | 2.01B+23.5% | |
| Income tax | 603M-4.1% | 628M+75.8% | 358M-16.9% | 430M-7.4% | 465M+11.1% | |
| 1.74B-14.5% | 2.03B+83.4% | 1.11B-17.1% | 1.34B-13.5% | 1.55B+27.8% | ||
| Preferred dividends | 41.8M+0.0% | 41.8M+0.0% | 41.8M+0.0% | 41.8M+0.0% | 41.8M-6.5% | |
| Net income to common | 1.70B-14.8% | 1.99B+86.7% | 1.07B-17.7% | 1.29B-13.9% | 1.50B+30.4% | |
| $8.74-10.5% | $9.77+92.3% | $5.08-17.3% | $6.14-14.0% | $7.14+30.8% | ||
| EPS (basic) | $8.78-10.4% | $9.80+92.5% | $5.09-17.4% | $6.16-14.0% | $7.16+30.7% | |
| Weighted-avg shares (basic) | 191M-4.9% | 201M-2.9% | 207M-0.5% | 208M+0.1% | 208M-0.1% | |
| Weighted-avg shares (diluted) | 192M-4.8% | 202M-2.7% | 208M-0.6% | 209M-0.0% | 209M-0.1% | |
| Dividends per share | $3.10+3.3% | $3.00+0.0% | $3.00+3.4% | $2.90+3.6% | $2.80+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 5.87B+25.6% | 4.68B-2.4% | 4.79B+3.0% | 4.65B+52.3% | 3.06B-30.4% | |
| 177B+13.9% | 156B+3.1% | 151B-2.7% | 155B-15.7% | 184B+8.2% | ||
| Property, plant & equipment | 465M-5.2% | 490M-2.4% | 502M+0.3% | 501M+2.4% | 489M-5.1% | |
| Operating lease right-of-use | 465M-2.8% | 478M-8.6% | 523M+7.8% | 485M-8.7% | 531M-5.2% | |
| Goodwill | 713M+2.6% | 695M-1.1% | 702M+1.6% | 691M-2.1% | 706M-0.1% | |
| 164B+15.0% | 143B+2.8% | 139B-3.4% | 144B-16.3% | 172B+8.6% | ||
| Long-term debt | 3.35B+21.0% | 2.77B-0.1% | 2.77B+1.8% | 2.72B+8.7% | 2.51B-19.8% | |
| Operating lease liability (total) | 624M-3.8% | 649M-6.4% | 693M+10.6% | 626M-5.6% | 663M-5.4% | |
| 13.0B+1.3% | 12.8B+7.5% | 11.9B+5.7% | 11.3B-6.3% | 12.0B+2.8% | ||
| Common stock | 409M+0.0% | 409M+0.0% | 409M+0.0% | 409M+0.0% | 409M+0.0% | |
| Additional paid-in capital | 1.04B+1.3% | 1.03B+1.6% | 1.01B+2.7% | 984M+4.7% | 939M-2.5% | |
| Retained earnings | 16.7B+7.0% | 15.6B+9.7% | 14.2B+3.2% | 13.8B+5.2% | 13.1B+7.5% | |
| Treasury stock | 5.49B+26.8% | 4.33B+23.7% | 3.50B+7.8% | 3.25B-1.5% | 3.30B+2.9% | |
| Accumulated other comprehensive income | -591M+27.5% | -814M+28.5% | -1.14B+27.5% | -1.57B-4307.9% | -35.6M-108.3% | |
| Total liabilities & equity | 177B+13.9% | 156B+3.1% | 151B-2.7% | 155B-15.7% | 184B+8.2% | |
| Common shares issued | 245M | — | — | — | — | |
| Common shares outstanding | 186M-4.9% | 196M-4.5% | 205M-1.6% | 208M+0.3% | 208M-0.3% | |
| Shares outstanding (cover) | 186M-5.0% | 196M-4.5% | 205M-1.6% | 208M+0.1% | 208M-0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.53B+1238.6% | -486M-118.5% | 2.63B+9.7% | 2.39B+76.4% | 1.36B-28.5% | ||
| Depreciation & amortization | 779M+8.7% | 717M+13.0% | 635M+14.6% | 554M+7.4% | 516M+3.1% | |
| Intangible amortization | — | — | — | 9.30M-37.2% | 14.8M-12.4% | |
| Deferred income taxes | 195M+839.6% | 20.7M+142.9% | -48.2M+66.2% | -143M-7235.0% | 2.00M-87.8% | |
| -20.2B-686.8% | -2.56B-153.6% | 4.78B-81.5% | 25.9B+239.4% | -18.6B+37.8% | ||
| Capital expenditure | 74.0M-27.1% | 102M-12.9% | 117M-9.4% | 129M+34.7% | 95.5M-29.7% | |
| Free cash flow | 5.46B+1029.3% | -588M-123.4% | 2.51B+10.8% | 2.26B+79.6% | 1.26B-28.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 986M+224.4% | -793M-2467.5% | 33.5M-89.5% | 319M+95.1% | 164M-49.3% | |
| 15.2B+341.2% | 3.44B+147.9% | -7.18B+72.8% | -26.4B-264.5% | 16.1B-42.3% | ||
| Long-term debt issued | 500M | 0.00 | 0.00-100.0% | 1.99B | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.27B+35.8% | 938M+169.9% | 348M+881.6% | 35.4M-86.8% | 268M-10.7% | |
| Dividends paid | 592M-1.8% | 602M-3.1% | 622M-17.2% | 750M+28.6% | 583M-0.2% | |
| Other financing activities | -11.1M-73.4% | -6.40M-137.0% | -2.70M | 0.00-100.0% | 100K-91.7% | |
| FX effect on cash | 656M+230.2% | -504M-461.6% | -89.8M+68.8% | -287M-80.1% | -160M-288.7% | |
| Net change in cash | 1.20B+1146.3% | -114M-183.2% | 137M-91.4% | 1.60B+219.9% | -1.33B-1812.1% | |
| Interest paid | 6.22B-18.2% | 7.61B+44.0% | 5.29B+542.7% | 822M+2570.1% | 30.8M-86.4% | |
| Income taxes paid | 427M+58.9% | 269M-25.9% | 363M-21.2% | 460M+24.0% | 371M+13.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 25.4B+26.5% | 20.1B+14.8% | 17.5B-5.3% | 18.4B-25.8% | 24.9B+28.2% | |
| P/E | 14.6×+48.0% | 9.9×-35.0% | 15.2×+30.7% | 11.6×-27.8% | 16.1×+0.3% | |
| P/S | 3.1×+29.7% | 2.4×-6.6% | 2.6×-3.0% | 2.7×-30.6% | 3.8×+21.0% | |
| P/B | 2.0×+24.9% | 1.6×+6.4% | 1.5×-11.8% | 1.7×-19.2% | 2.1×+24.7% | |
| P/FCF | 4.6× | — | 4.5×-95.6% | 101.8×+416.2% | 19.7×+79.1% | |
| Earnings yield | 6.8%-32.4% | 10.1%+53.8% | 6.6%-23.5% | 8.6%+38.4% | 6.2%-0.3% | |
| FCF yield | 21.5% | — | 22.1%+2152.3% | 0.98%-80.6% | 5.1%-44.2% | |
| Dividend yield | 2.3%-22.5% | 2.9%-17.7% | 3.6%+8.5% | 3.3%+40.0% | 2.3%-22.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: NTRS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NTRS filings on SEC EDGAR → Not investment advice.