← NORTHERN TRUST CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.0b | $5.4b | $6.0b | $3.9b | $4.0b | $4.4b | $4.4b | $4.4b | $4.7b | $5.0b | |
| Interest income: | |||||||||||
| Additional Financial Items | |||||||||||
| Other Interest and Dividend Income | — | — | — | — | — | — | $9.8m | $60.3m | $106.8m | $84.5m | |
| Amortization of Intangible Assets | $8.8m | $11.4m | $17.4m | $16.6m | $16.9m | $14.8m | $9.3m | — | — | — | |
| Capitalized Computer Software, Amortization | — | — | $334.9m | $339.1m | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | — | $68.1m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $236.6m | $209.9m | $307.2m | $250.9m | $290.4m | $292.6m | $288.6m | $203.9m | $231.2m | $240.8m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | ($1.1m) | ($169.5m) | ($189.3m) | $0 | |
| Other Operating Income | — | — | $127.5m | $145.5m | $194.0m | $243.9m | $191.3m | $228.7m | $1.2b | $207.7m | |
| Preferred Stock Dividends, Income Statement Impact | $23.4m | $49.8m | $46.4m | $46.4m | $56.2m | $41.8m | $41.8m | $41.8m | $41.8m | $41.8m | |
| Realized Investment Gains (Losses) | — | — | — | — | ($400k) | ($300k) | ($214.0m) | ($169.5m) | ($189.3m) | $0 | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $18.7m | $18.8m | $20.1m | $16.9m | $12.1m | $12.9m | $11.8m | $11.6m | $16.9m | $15.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.5b | $1.6b | $2.0b | $1.9b | $1.6b | $2.0b | $1.8b | $1.5b | $2.7b | $2.3b | |
| Net Income (Loss) Attributable to Parent | $1.0b | $1.2b | $1.6b | $1.5b | $1.2b | $1.5b | $1.3b | $1.1b | $2.0b | $1.7b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.0b | $1.1b | $1.5b | $1.4b | $1.2b | $1.5b | $1.3b | $1.1b | $2.0b | $1.7b | |
| Earnings Per Share, Basic | $4.35 | $4.95 | $6.68 | $6.66 | $5.48 | $7.16 | $6.16 | $5.09 | $9.80 | $8.78 | |
| Earnings Per Share, Diluted | $4.32 | $4.92 | $6.64 | $6.63 | $5.46 | $7.14 | $6.14 | $5.08 | $9.77 | $8.74 | |
| Common Stock, Dividends, Per Share, Declared | — | — | — | $2.60 | $2.80 | $2.80 | $2.90 | $3.00 | $3.00 | $3.10 | |
| Weighted Average Number of Shares Outstanding, Basic | 227.6m | 228.3m | 223.1m | 214.5m | 208.3m | 208.1m | 208.3m | 207.2m | 201.3m | 191.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 229.2m | 229.7m | 224.5m | 215.6m | 209.0m | 208.9m | 208.9m | 207.6m | 201.9m | 192.2m | |
| Noninterest expense: | |||||||||||
| Marketing and Advertising Expense | $83.6m | $95.4m | $98.3m | $104.2m | $59.2m | $65.5m | $76.7m | $74.8m | $81.3m | $77.2m | |
| Current Income Tax Expense (Benefit) | $660.4m | $511.0m | $390.9m | $417.6m | $401.9m | $462.8m | $573.0m | $405.7m | $607.7m | $408.1m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $1.7m | $38.2m | $600k | ($3.4m) | |
| Interest Expense | $182.0m | $340.2m | $698.7m | $822.0m | $200.3m | $23.8m | $990.5m | $5.3b | — | — | |
| Interest Expense, Securities Sold under Agreements to Repurchase | $2.3m | $6.0m | $7.8m | $6.4m | $1.0m | $200k | $90.7m | $1.5b | $3.3b | $2.8b | |
| Income Tax Expense (Benefit) | $484.6m | $434.9m | $401.4m | $451.9m | $418.3m | $464.8m | $430.3m | $357.5m | $628.4m | $602.6m | |
| Total interest expense | — | — | — | — | — | — | — | — | $7.6b | $6.2b | |
| Interest Income (Expense), Net | $1.2b | $1.4b | $1.6b | $1.7b | $1.4b | $1.4b | $1.9b | $2.0b | $2.2b | $2.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.