The Filings Report

Northern Trust Corp

NTRSNasdaqCIK 73124Financial / Banksfiscal year ends December71 quarters since 2009

Revenue, Q3 FY2026
—
no year-earlier figure
Net income
$643M
+40.5% on Q3 FY2025
Free cash flow
$1.8B
+253.9% on Q3 FY2025
Diluted EPS
—
not filed for a derived quarter
Revenue, TTM
—
trailing four quarters
Net margin, TTM
—
net income $2.4B
Free cash flow, TTM
$1.7B
$1.8B less $90M capex
Cash and equivalents
—
long-term debt —, Sep 30, 2026
Shares, 12-month change
−4.2%
181M shares, Sep 30, 2026
Buybacks, TTM
$1.4B
4.7% of market value
Dividends, TTM
$605M
2.0% of market value
Market value
$30.6B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Northern Trust Corp reported no revenue line, and net income of $643M (+40.5%). Free cash flow, operating cash flow less capital expenditures, was $1.8B ($1.8B less $22M).

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$250M$500M$750M$1.0BQ4'22, Net income: $156MQ4'22Q1'23, Net income: $335MQ1'23Q2'23, Net income: $332MQ2'23Q3'23, Net income: $328MQ3'23Q4'23, Net income: $113MQ4'23Q1'24, Net income: $215MQ1'24Q2'24, Net income: $896MQ2'24Q3'24, Net income: $465MQ3'24Q4'24, Net income: $455MQ4'24Q1'25, Net income: $392MQ1'25Q2'25, Net income: $421MQ2'25Q3'25, Net income: $458MQ3'25Q4'25, Net income: $466MQ4'25Q1'26, Net income: $526MQ1'26Q2'26, Net income: $792MQ2'26Q3'26, Net income: $643MQ3'26$0$250M$500M$750M$1.0BQ4'22, Net income: $156MQ1'23, Net income: $335MQ1'23Q2'23, Net income: $332MQ3'23, Net income: $328MQ3'23Q4'23, Net income: $113MQ1'24, Net income: $215MQ1'24Q2'24, Net income: $896MQ3'24, Net income: $465MQ3'24Q4'24, Net income: $455MQ1'25, Net income: $392MQ1'25Q2'25, Net income: $421MQ3'25, Net income: $458MQ3'25Q4'25, Net income: $466MQ1'26, Net income: $526MQ1'26Q2'26, Net income: $792MQ3'26, Net income: $643MQ3'26

Net income losses drawn in red.

Free cash flow
−$4B−$2B$0$2B$4B$6BQ4'22, Free cash flow: $4.1BQ4'22Q1'23, Free cash flow: −$176MQ1'23Q2'23, Free cash flow: −$120MQ2'23Q3'23, Free cash flow: $66MQ3'23Q4'23, Free cash flow: $2.7BQ4'23Q1'24, Free cash flow: −$1.5BQ1'24Q2'24, Free cash flow: $3.0BQ2'24Q3'24, Free cash flow: $585MQ3'24Q4'24, Free cash flow: −$2.7BQ4'24Q1'25, Free cash flow: $2.7BQ1'25Q2'25, Free cash flow: $1.9BQ2'25Q3'25, Free cash flow: $509MQ3'25Q4'25, Free cash flow: $356MQ4'25Q1'26, Free cash flow: −$329MQ1'26Q2'26, Free cash flow: −$90MQ2'26Q3'26, Free cash flow: $1.8BQ3'26−$4B−$2B$0$2B$4B$6BQ4'22, Free cash flow: $4.1BQ1'23, Free cash flow: −$176MQ1'23Q2'23, Free cash flow: −$120MQ3'23, Free cash flow: $66MQ3'23Q4'23, Free cash flow: $2.7BQ1'24, Free cash flow: −$1.5BQ1'24Q2'24, Free cash flow: $3.0BQ3'24, Free cash flow: $585MQ3'24Q4'24, Free cash flow: −$2.7BQ1'25, Free cash flow: $2.7BQ1'25Q2'25, Free cash flow: $1.9BQ3'25, Free cash flow: $509MQ3'25Q4'25, Free cash flow: $356MQ1'26, Free cash flow: −$329MQ1'26Q2'26, Free cash flow: −$90MQ3'26, Free cash flow: $1.8BQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Northern Trust Corp income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 24, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue—————————
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative1,4931,6391,5081,4971,4231,4171,4181,376+4.9%
Operating income—————————
Other income (expense)—————————
Pretax income7971,065701634620565521594+28.6%
Income tax154273175168162144129139−5.1%
Net income643792526466458421392455+40.5%
Diluted EPS ($)——2.71—2.292.131.90——
Diluted shares (millions)183185187—191193196——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Northern Trust Corp balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 24, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets—————————
Total assets167,270179,297174,574177,133170,263171,884165,071155,508−1.8%
Total current liabilities—————————
Long-term debt—————————
Total liabilities153,907165,896161,587164,175157,307159,017152,193142,720−2.2%
Stockholders’ equity13,36313,40212,98712,95812,95612,86712,87912,788+3.1%
Shares outstanding (millions)181183185186189191195196—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

Northern Trust Corp cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 24, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 24, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow1,825(65)(320)3885261,8702,750(2,635)+247.1%
Capital expenditures222593316121241+35.4%
Free cash flow (CFO − capex)1,803(90)(329)3565091,8572,737(2,675)+253.9%
Depreciation and amortization200198197197196196191183+1.9%
Share repurchases352351359370277339287254+27.2%
Dividends paid160147149150152144146148+5.1%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 24, 2026.

Income statement

Northern Trust Corp income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 24, 2025FY2023ended Dec 31, 2023filed Feb 27, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010
Revenue8,0868,2906,7746,7616,4656,1016,0735,9605,3754,9624,7034,3314,0893,8963,7703,6483,787
Cost of revenue—————————————————
Gross profit—————————————————
Research and development—————————————————
Selling, general and administrative5,7545,6345,2844,9834,5364,3484,1444,0173,7693,4713,2813,1352,9942,8792,8312,4982,317
Operating income—————————————————
Other income (expense)—————————————————
Pretax income2,3402,6601,4651,7662,0101,6281,9441,9581,6341,5171,4651,1901,0769928849901,255
Income tax603628358430465418452401435485491378344305280320391
Net income1,7372,0311,1071,3361,5451,2091,4921,5561,1991,033974812731687604670864
Diluted EPS ($)8.749.775.086.147.145.466.636.644.924.323.993.322.992.812.472.743.16
Diluted shares (millions)192202208209209209216224230229234238241241242243236

Balance sheet

Northern Trust Corp balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 24, 2025FY2023ended Dec 31, 2023filed Feb 27, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010
Cash and equivalents—————————————————
Short-term investments—————————————————
Total current assets—————————————————
Total assets177,133155,508150,783155,037183,890170,004136,828132,213138,591123,927116,750109,947102,94797,464100,22483,84482,142
Total current liabilities—————————————————
Long-term debt—————————————1,4222,1332,7292,838
Total liabilities164,175142,720138,885143,777171,873158,316125,737121,704128,374114,157108,044101,49895,03589,93793,10677,01475,829
Stockholders’ equity12,95812,78811,89811,26012,01711,68811,08110,50810,2169,7708,7068,4497,9127,5277,1176,8306,312
Shares outstanding (millions)186196205208208208209218226229229233237239241242242

Cash flow statement

Northern Trust Corp cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 24, 2026FY2024ended Dec 31, 2024filed Feb 24, 2025FY2023ended Dec 31, 2023filed Feb 27, 2024FY2022ended Dec 31, 2022filed Feb 28, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 28, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 26, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 24, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010
Operating cash flow5,534(486)2,6262,3921,3561,8972,5921,7681,7201,5101,8349368398141,2547901,015
Capital expenditures74102117129961361589892111998292739791133
Free cash flow (CFO − capex)5,460(587)2,5092,2641,2611,7612,4341,6701,6291,3991,7368547477411,157700882
Depreciation and amortization779717635554516500459461—————————
Share repurchases1,274938348352683001,10092452341149748131016279611
Dividends paid592602622750583585530405357333321303221354274273260

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$4M
3 sales by 2 insiders; officers and directors $4M
Bought, twelve months
$770K
5 purchases by 2 insiders; officers and directors $770K
Sold, twelve months
$19M
20 sales by 9 insiders; officers and directors $19M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 26, 2026Levy Susan CohenEVP and General Counseloption exercise3,922$88.06$345K63,300Oct 27, 2026
Oct 26, 2026Levy Susan CohenEVP and General Counselopen-market sale3,922$168.69$662K59,378Oct 27, 2026
Oct 23, 2026Levy Susan CohenEVP and General Counseloption exercise16,984$88.06$1M76,362Oct 27, 2026
Oct 23, 2026Levy Susan CohenEVP and General Counselopen-market sale16,984$168.15$3M59,378Oct 27, 2026
Oct 20, 2026Qureshi RimaDirectoraward495$0.00—495Oct 21, 2026
Oct 17, 2026Taylor AlexandriaChief Administrative Officertax withholding3,823$165.40$632K43,629Oct 20, 2026
Oct 1, 2026Tribbett Charles ADirectoraward80$169.20$14K35,949Oct 2, 2026
Oct 1, 2026Thompson DonaldDirectoraward145$169.20$25K32,045Oct 2, 2026
Oct 1, 2026Slark Martin PDirectoraward71$169.20$12K22,468Oct 2, 2026
Oct 1, 2026Petrino RichardDirectoraward6$169.20$1K4,350Oct 2, 2026
Oct 1, 2026Mehta Siddharth NDirectoraward31$169.20$5K12,518Oct 2, 2026
Oct 1, 2026Klevorn Marcy SDirectoraward65$169.20$11K13,625Oct 2, 2026
Oct 1, 2026Harrison Dean MDirectoraward152$169.20$26K35,322Oct 2, 2026
Oct 1, 2026Dhandapani ChandraDirectoraward31$169.20$5K7,147Oct 2, 2026
Oct 1, 2026Crown SusanDirectoraward87$169.20$15K38,847Oct 2, 2026
Sep 30, 2026Thompson DonaldDirectoraward221$169.36$38K31,900Oct 2, 2026
Sep 30, 2026Harrison Dean MDirectoraward266$169.36$45K35,170Oct 2, 2026
Sep 30, 2026Dhandapani ChandraDirectoraward207$169.36$35K7,116Oct 2, 2026
Sep 1, 2026Hunstad MichaelPresident/Asset Managementtax withholding622$183.86$114K25,223Sep 3, 2026
Aug 24, 2026South Thomas AExecutive Vice Presidentopen-market sale1,800$184.90$333K92,917Aug 25, 2026
Jul 31, 2026Smith David Byron JRDirectorgiftindirect1,120$0.00—87,157Aug 4, 2026
Jul 29, 2026Moritz Robert Edward Jr.Directoropen-market buy255$179.57$46K8,400Jul 30, 2026
Jul 1, 2026Tribbett Charles ADirectoraward70$175.60$12K35,868Jul 2, 2026
Jul 1, 2026Thompson DonaldDirectoraward126$175.60$22K31,678Jul 2, 2026
Jul 1, 2026Slark Martin PDirectoraward62$175.60$11K22,397Jul 2, 2026

Full insider history for Northern Trust Corp, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
NORTHERN TRUST CORPORATION, CIK 73124 on EDGAR
Extract generated
October 30, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: NoninterestExpense
Operating income: not filed
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: not filed
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 30, 2026.

JSON file
/data/financials/NTRS.json