NASDAQ$NTRS
Northern Trust Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Northern Trust reported a net income of $113.1 million for Q4 2023, with earnings per diluted common share at $0.52.
Northern Trust's Q4 2023 results showed a net income of $113.1 million, or $0.52 per diluted common share. The quarter's results were impacted by a $176.4 million pre-tax loss on available for sale debt securities and an $84.6 million pre-tax FDIC special assessment. The company focused on profitable organic growth and expense discipline.
- Trust fee growth accelerated compared to the prior year.
- Average deposit levels proved resilient.
- Credit quality remained strong.
- Over $300 million in capital was returned to shareholders.
Headline financials
Revenue & EPS history
Northern Trust · Revenue · Quarterly
$1.55B
Revenue by segment
Northern Trust · $1.11B total across 2 segments · Q3 2023
- Asset Servicing$626M+3.8%56.3%
- Wealth Management$486M+2.2%43.7%
Forward guidance
Northern Trust is focused on accelerating profitable organic growth, maintaining expense discipline, and driving greater resiliency and efficiency in its operating model to create sustained long-term shareholder value.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-0.5%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+1.7%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+11.0%
Q2 2023
Best reaction
-11.9%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +4.0% | +3.2% | +5.1% | |
| Q1 2026 | +0.6% | +3.2% | +5.1% | |
| Q3 2025 | -2.4% | -1.8% | -1.1% | |
| Q2 2025 | +2.0% | +1.1% | +2.7% | |
| Q1 2025 | +3.0% | +5.5% | +22.6% | |
| Q4 2024 | +2.0% | +4.7% | +5.2% | |
| Q3 2024 | +7.3% | +6.4% | +14.3% | |
| Q2 2024 | -5.0% | -4.0% | -3.9% | |
| Q1 2024 | -3.0% | -2.7% | +2.3% | |
| Q4 2023 | -2.2% | -2.0% | -3.6% | |
| Q3 2023 | -7.2% | -9.1% | +6.8% | |
| Q2 2023 | +11.0% | +11.0% | +7.0% | |
| Q1 2023 | -11.2% | -9.3% | -16.7% | |
| Q4 2022 | -5.7% | -4.2% | -2.3% | |
| Q3 2022 | -11.9% | -8.7% | +5.4% | |
| Q2 2022 | -3.7% | -3.6% | -0.7% | |
| Q1 2022 | +1.9% | -2.6% | +3.8% | |
| Q4 2021 | -9.5% | -8.3% | -5.8% | |
| Q3 2021 | +3.1% | +1.6% | -0.7% | |
| Q2 2021 | -0.9% | +0.6% | +2.5% | |
| Q1 2021 | +0.5% | +3.1% | +11.2% | |
| Q4 2020 | -0.2% | -1.3% | +1.6% | |
| Q3 2020 | +0.0% | -4.1% | +6.6% | |
| Q2 2020 | -2.9% | -4.0% | +2.4% | |
| Q1 2020 | -4.0% | -2.4% | -6.8% | |
| Q4 2019 | -4.1% | -9.3% | -6.1% | |
| Q3 2019 | +2.9% | +5.1% | +9.9% | |
| Q2 2019 | +4.2% | +4.2% | -10.8% | |
| Q1 2019 | +6.4% | +6.4% | -1.9% | |
| Q4 2018 | -1.3% | +0.4% | +2.3% | |
| Q3 2018 | -6.3% | -7.5% | -1.8% | |
| Q2 2018 | +2.6% | +4.9% | +1.9% | |
| Q1 2018 | +1.4% | +2.6% | +3.6% | |
| Q4 2017 | -1.8% | +0.0% | -0.3% | |
| Q3 2017 | +4.3% | +4.7% | +3.3% | |
| Q2 2017 | -10.1% | -9.7% | -9.7% | |
| Q1 2017 | +2.6% | +0.7% | -1.2% | |
| Q4 2016 | -5.3% | -6.2% | -1.1% | |
| Q3 2016 | +0.0% | +0.0% | +14.9% | |
| Q2 2016 | -0.6% | +0.0% | +2.2% | |
| Q1 2016 | +5.8% | — | — | |
| Q4 2015 | -7.7% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | +5.2% | — | — | |
| Q4 2014 | +8.9% | — | — | |
| Q3 2014 | -4.0% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -3.6% | — | — | |
| Q4 2013 | +3.3% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | -2.7% | — | — | |
| Q1 2013 | -2.0% | — | — | |
| Q4 2012 | -5.2% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | -2.3% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | -1.1% | — | — | |
| Q2 2010 | +1.2% | — | — | |
| Q1 2009 | -1.3% | — | — | |
| Q1 2010 | +3.6% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q4 2007 | +0.6% | — | — | |
| Q4 2008 | +0.6% | — | — | |
| Q3 2008 | -1.2% | — | — | |
| Q3 2009 | -1.2% | — | — | |
| Q2 2008 | +2.3% | — | — | |
| Q2 2009 | +2.3% | — | — |
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