Northern Historical Income Statement

NTRS Stock

USD 110.59 0.16 0.14%

Historical analysis of Northern Trust income statement accounts such as Ebit of 1.5 B can show how well Northern Trust performed in making a profits. Evaluating Northern Trust income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northern Trust's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Northern Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northern Trust is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.

About Northern Income Statement Analysis

Northern Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Northern Trust shareholders. The income statement also shows Northern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Northern Trust Income Statement Chart

At this time, Northern Trust's Net Income From Continuing Ops is comparatively stable compared to the past year. Interest Income is likely to gain to about 7.7 B in 2024, whereas EBITDA is likely to drop slightly above 1.7 B in 2024.

Other Operating Expenses Operating Income Ebitda Net Income Income Before Tax Net Interest Income

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Northern Trust. It is also known as Northern Trust overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Northern Trust operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northern Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Northern Trust financial statement analysis. It represents the amount of money remaining after all of Northern Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Northern Trust income statement and is an important metric when analyzing Northern Trust profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most accounts from Northern Trust's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northern Trust current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.At this time, Northern Trust's Net Income From Continuing Ops is comparatively stable compared to the past year. Interest Income is likely to gain to about 7.7 B in 2024, whereas EBITDA is likely to drop slightly above 1.7 B in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	2.0B	2.3B	1.5B	995.8M
Other Operating Expenses	4.5B	4.5B	4.8B	5.1B

Operating Income Other Operating Expenses

Northern Trust income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Cost Of Revenue	Selling And Marketing Expenses	Extraordinary Items	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Non Operating Income Net Other
Interest Expense		0.39	0.01	0.02	0.05	0.34	-0.04	-0.12	0.65	0.62	0.13	0.12	-0.03	0.6	-0.23	0.04	-0.39	0.18	-0.83	0.72	1.0	0.78	0.93
Other Operating Expenses	0.39		0.62	0.83	0.85	0.08	0.73	0.79	0.88	0.9	0.8	0.8	0.77	0.27	-0.68	0.54	0.0	0.59	-0.56	0.5	0.4	0.46	0.31
Operating Income	0.01	0.62		0.82	0.84	-0.28	0.89	0.72	0.61	0.61	0.79	0.79	0.89	-0.29	-0.07	0.28	-0.34	0.88	-0.41	0.5	0.08	0.32	-0.02
Ebit	0.02	0.83	0.82		0.99	-0.05	0.91	0.82	0.65	0.68	0.81	0.81	0.92	-0.03	-0.45	0.6	-0.08	0.79	-0.37	0.37	0.05	0.19	-0.06
Ebitda	0.05	0.85	0.84	0.99		-0.11	0.95	0.85	0.7	0.73	0.89	0.89	0.95	-0.01	-0.46	0.54	-0.12	0.8	-0.4	0.44	0.09	0.28	0.01
Total Operating Expenses	0.34	0.08	-0.28	-0.05	-0.11		-0.38	-0.15	-0.09	-0.12	-0.32	-0.32	-0.35	0.13	-0.12	0.41	0.52	-0.42	-0.1	-0.16	0.28	-0.18	0.36
Net Income	-0.04	0.73	0.89	0.91	0.95	-0.38		0.83	0.66	0.68	0.93	0.93	0.99	-0.05	-0.31	0.37	-0.29	0.88	-0.34	0.47	0.01	0.33	-0.05
Income Tax Expense	-0.12	0.79	0.72	0.82	0.85	-0.15	0.83		0.57	0.6	0.84	0.84	0.88	0.0	-0.57	0.54	0.2	0.55	-0.08	0.17	-0.1	0.1	-0.12
Depreciation And Amortization	0.65	0.88	0.61	0.65	0.7	-0.09	0.66	0.57		1.0	0.76	0.75	0.68	0.35	-0.5	0.24	-0.41	0.7	-0.81	0.78	0.68	0.79	0.56
Selling General Administrative	0.62	0.9	0.61	0.68	0.73	-0.12	0.68	0.6	1.0		0.79	0.78	0.7	0.35	-0.56	0.27	-0.37	0.7	-0.77	0.77	0.64	0.77	0.51
Total Revenue	0.13	0.8	0.79	0.81	0.89	-0.32	0.93	0.84	0.76	0.79		1.0	0.93	0.07	-0.47	0.3	-0.22	0.74	-0.41	0.57	0.17	0.51	0.17
Gross Profit	0.12	0.8	0.79	0.81	0.89	-0.32	0.93	0.84	0.75	0.78	1.0		0.93	0.06	-0.47	0.29	-0.22	0.74	-0.4	0.56	0.16	0.5	0.17
Income Before Tax	-0.03	0.77	0.89	0.92	0.95	-0.35	0.99	0.88	0.68	0.7	0.93	0.93		-0.04	-0.36	0.41	-0.22	0.86	-0.32	0.44	0.01	0.3	-0.05
Total Other Income Expense Net	0.6	0.27	-0.29	-0.03	-0.01	0.13	-0.05	0.0	0.35	0.35	0.07	0.06	-0.04		-0.46	0.37	-0.06	-0.03	-0.3	0.36	0.58	0.33	0.54
Cost Of Revenue	-0.23	-0.68	-0.07	-0.45	-0.46	-0.12	-0.31	-0.57	-0.5	-0.56	-0.47	-0.47	-0.36	-0.46		-0.45	-0.33	-0.09	0.13	-0.13	-0.19	-0.19	-0.16
Selling And Marketing Expenses	0.04	0.54	0.28	0.6	0.54	0.41	0.37	0.54	0.24	0.27	0.3	0.29	0.41	0.37	-0.45		0.43	0.19	-0.03	0.08	0.04	-0.24	-0.08
Extraordinary Items	-0.39	0.0	-0.34	-0.08	-0.12	0.52	-0.29	0.2	-0.41	-0.37	-0.22	-0.22	-0.22	-0.06	-0.33	0.43		-0.62	0.62	-0.68	-0.46	-0.68	-0.33
Net Income From Continuing Ops	0.18	0.59	0.88	0.79	0.8	-0.42	0.88	0.55	0.7	0.7	0.74	0.74	0.86	-0.03	-0.09	0.19	-0.62		-0.56	0.62	0.24	0.48	0.08
Tax Provision	-0.83	-0.56	-0.41	-0.37	-0.4	-0.1	-0.34	-0.08	-0.81	-0.77	-0.41	-0.4	-0.32	-0.3	0.13	-0.03	0.62	-0.56		-0.86	-0.86	-0.82	-0.74
Net Interest Income	0.72	0.5	0.5	0.37	0.44	-0.16	0.47	0.17	0.78	0.77	0.57	0.56	0.44	0.36	-0.13	0.08	-0.68	0.62	-0.86		0.77	0.87	0.65
Interest Income	1.0	0.4	0.08	0.05	0.09	0.28	0.01	-0.1	0.68	0.64	0.17	0.16	0.01	0.58	-0.19	0.04	-0.46	0.24	-0.86	0.77		0.81	0.92
Reconciled Depreciation	0.78	0.46	0.32	0.19	0.28	-0.18	0.33	0.1	0.79	0.77	0.51	0.5	0.3	0.33	-0.19	-0.24	-0.68	0.48	-0.82	0.87	0.81		0.79
Non Operating Income Net Other	0.93	0.31	-0.02	-0.06	0.01	0.36	-0.05	-0.12	0.56	0.51	0.17	0.17	-0.05	0.54	-0.16	-0.08	-0.33	0.08	-0.74	0.65	0.92	0.79

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Northern Trust Account Relationship Matchups

Northern Trust income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	822M	200.3M	23.8M	990.5M	5.3B	5.6B
Other Operating Expenses	4.1B	4.5B	4.5B	4.5B	4.8B	5.1B
Operating Income	1.9B	1.6B	2.0B	2.3B	1.5B	995.8M
Ebit	1.9B	1.6B	2.0B	1.8B	1.5B	1.5B
Ebitda	2.4B	2.1B	2.5B	2.3B	2.1B	1.7B
Total Operating Expenses	(4.1B)	(4.5B)	(4.5B)	(4.5B)	4.8B	5.1B
Net Income	1.5B	1.2B	1.5B	1.3B	1.1B	661.5M
Income Tax Expense	451.9M	418.3M	464.8M	430.3M	357.5M	269.0M
Depreciation And Amortization	458.9M	500.3M	515.7M	553.6M	634.6M	666.3M
Selling General Administrative	2.2B	2.3B	2.4B	2.7B	2.8B	3.0B
Total Revenue	6.1B	6.0B	6.5B	6.7B	6.8B	3.5B
Gross Profit	6.1B	6.0B	6.5B	6.7B	6.8B	3.5B
Income Before Tax	1.9B	1.6B	2.0B	1.8B	1.5B	1.0B
Total Other Income Expense Net	1.9B	(287.5M)	(233.6M)	(313M)	1.5B	1.5B
Net Income Applicable To Common Shares	1.4B	1.2B	1.5B	1.3B	1.5B	921.8M
Selling And Marketing Expenses	104.2M	59.2M	65.5M	76.7M	74.8M	87.1M
Net Income From Continuing Ops	1.5B	1.2B	1.5B	1.3B	1.1B	1.2B
Tax Provision	451.9M	418.3M	464.8M	430.3M	357.5M	349.8M
Net Interest Income	1.7B	1.4B	1.4B	1.9B	2.0B	1.7B
Interest Income	2.5B	1.6B	1.4B	2.9B	7.3B	7.7B
Reconciled Depreciation	458.9M	500.3M	515.6M	553.6M	634.6M	557.2M

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Northern Historical Income Statement

About Northern Income Statement Analysis

Northern Trust Income Statement Chart

Other Operating Expenses

Operating Income

Net Income

Income Before Tax

Net Interest Income

Northern Trust income statement Correlations

Northern Trust Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Trust income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Interest Income	+ 1.0	Interest Expense
Selling General Administrative	+ 1.0	Depreciation And Amortization
Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 0.99	Ebit
Income Before Tax	+ 0.99	Net Income
Net Income	+ 0.95	Ebitda

Interest Income	- 0.86	Tax Provision
Net Interest Income	- 0.86	Tax Provision
Tax Provision	- 0.83	Interest Expense
Reconciled Depreciation	- 0.82	Tax Provision
Tax Provision	- 0.81	Depreciation And Amortization
Tax Provision	- 0.77	Selling General Administrative