Equities

Northern Trust Corp

Northern Trust Corp

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Income statement Back to Overview

In millions of USD
(except for per share items)
Fiscal data as of Dec 31 2023202320222021
REVENUE AND GROSS PROFIT
Total revenue11,2577,4896,405
OPERATING EXPENSES
Cost of revenue total4,483728(60)
Selling, general and admin. expenses, total3,4693,8113,459
Depreciation/amortization5099.3015
Unusual expense(income)1214428
Other operating expenses, total1,2101,131953
Total operating expense9,7925,7234,395
Operating income1,4651,7662,010
Other, net------
INCOME TAXES, MINORITY INTEREST AND EXTRA ITEMS
Net income before taxes1,4651,7662,010
Provision for income taxes358430465
Net income after taxes1,1071,3361,545
Minority interest------
Net income before extra. Items1,1071,3361,545
Total extraordinary items------
Net income1,1071,3361,545
Inc.avail. to common excl. extra. Items1,0541,2821,491
Inc.avail. to common incl. extra. Items1,0541,2821,491
EPS RECONCILIATION
Basic/primary weighted average shares207208208
Basic/primary eps excl. extra items5.096.167.16
Basic/primary eps incl. extra items5.096.167.16
Dilution adjustment------
Diluted weighted average shares208209209
Diluted eps excl. extra items5.086.147.14
Diluted eps incl. extra items5.086.147.14
COMMON STOCK DIVIDENDS
DPS - common stock primary issue3.002.902.80
Gross dividend - common stock630613594
PRO FORMA INCOME
Pro forma net income------
Interest expense, supplemental5,34399124
SUPPLEMENTAL INCOME
Depreciation, supplemental116110111
Total special items1214428
NORMALISED INCOME
Normalized income before taxes1,5861,8102,038
Effect of special items on income taxes30116.45
Income tax excluding impact of special items387441471
Normalized income after tax1,1991,3691,567
Normalized income avail. to common1,1461,3161,512
Basic normalized EPS5.536.327.27
Diluted normalized EPS5.526.307.24
Data Provided by LSEG
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