NTRSNorthern Trust Corporation

$26B

Q1 2018 Earnings

Financial Services Asset Management

Income Statement

Revenue

$1.6B+19.1% YoY

Gross Profit

$1.5B92.6% margin

Operating Income

$484M30.3% margin

Net Income

$382M23.9% margin

EPS (Diluted)

$1.58

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

-$478M

Free Cash Flow

-$564M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$129.7B

Total Liabilities

$119.4B

Stockholders' Equity

$10.2B

Cash & Equivalents

$40.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.3B	+19.1%
Gross Profit	$1.5B	$1.3B	+15.1%
Operating Income	$484M	$391M	+23.7%
Net Income	$382M	$276M	+38.2%

Revenue Segments

Wealth Management

$619M100%

NTRS Q1 2018 Earnings — Northern Trust Corporation Revenue & Financial Results | Market Cap Arena