Friday 6 November 2026 Export NTRS’s income statement to Excel — free account

Northern Trust Corporation

Northern Trust Corporation’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, down 9.92% from fiscal 2024.

Revenue: +3.27%
EPS: +48.7%
Free cash flow: +366.4%
Total debt: −23.4%

Quarter to September 2026, against a year earlier

173.66 2.27 +1.32%

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Market cap: $31.0B
P/E: 13.4×
Fwd P/E: 12.6×
Dividend yield: 1.91%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Northern Trust Corporation (NTRS) revenue by segment, product and region

Revenue by product or service $m

Line	FY2017
Trust, Investment and Other Servicing Fees	3,434 100.00%
Revenue	3,434

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Asset Servicing Segment	2,800 55.81%	2,633 55.69%	2,462 56.44%	2,496 56.32%	2,487 57.03%	2,322 58.11%	2,212 57.41%	2,173 57.89%	1,985 57.79%
Wealth Management Segment	2,218 44.19%	2,095 44.31%	1,900 43.56%	1,936 43.68%	1,874 42.97%	1,673 41.89%	1,641 42.59%	1,581 42.11%	1,450 42.21%
Revenue	5,018	4,728	4,362	4,433	4,361	3,995	3,852	3,754	3,434

Revenue by region $m

Line	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
U.S.	3,741 75.39%	3,344 71.11%	2,989 69.02%	2,988 73.08%	2,904 74.53%	2,685 71.22%	2,667 73.11%	2,700 71.30%	2,680 62.64%
Non-U.S.	1,221 24.61%	1,358 28.89%	1,342 30.98%	1,101 26.92%	993 25.47%	1,085 28.78%	981 26.89%	1,087 28.70%	1,599 37.36%
Revenue	4,962	4,703	4,331	4,089	3,896	3,770	3,648	3,787	4,279

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Asset Servicing assets under custody	Q2 FY2026	$14.59T	—	—
Asset Servicing assets under custody/administration	Q2 FY2026	$18.64T	—	—
Asset Servicing assets under management	Q2 FY2026	$1.44T	—	—
End of Period Full-Time Equivalent Employees	Q3 FY2026	23.8K	23.6K	+0.85%
Gross Charge-offs	Q2 FY2026	−$200,000.00	—	—
Gross Recoveries	Q3 FY2026	$600,000.00	$1.7M	−64.71%
Net Recoveries (Charge-offs)	Q2 FY2026	$400,000.00	—	—
Nonaccrual Loans	Q2 FY2026	$71.3M	—	—
Total Assets Under Custody	Q2 FY2026	$15.94T	—	—
Total Assets Under Custody/Administration	Q2 FY2026	$20.00T	—	—
Total Assets Under Management	Q2 FY2026	$1.97T	—	—
Wealth Management assets under custody	Q3 FY2026	$1.35T	$1.24T	+8.38%
Wealth Management assets under custody/administration	Q3 FY2026	$1.36T	$1.26T	+8.41%
Wealth Management assets under management	Q3 FY2026	$535.9B	$492.6B	+8.79%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Asset Servicing assets under custody	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Asset Servicing assets under custody/administration	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Asset Servicing assets under management	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
End of Period Full-Time Equivalent Employees	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross Charge-offs	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross Recoveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net Recoveries (Charge-offs)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Nonaccrual Loans	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total Assets Under Custody	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total Assets Under Custody/Administration	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total Assets Under Management	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wealth Management assets under custody	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wealth Management assets under custody/administration	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wealth Management assets under management	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.