NTRS Q3 2022 Earnings — Northern Trust Corporation Revenue & Financial Results | Market Cap Arena

NTRSNorthern Trust Corporation

$26B

Q3 2022 Earnings

Financial Services Asset Management

Income Statement

Revenue

$2.0B+24.6% YoY

Gross Profit

$1.8B85.9% margin

Operating Income

$525M25.7% margin

Net Income

$395M19.3% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

-$896M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$159.8B

Total Liabilities

$148.8B

Stockholders' Equity

$11.0B

Cash & Equivalents

$45.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.6B	+24.6%
Gross Profit	$1.8B	$1.6B	+6.5%
Operating Income	$525M	$518M	+1.2%
Net Income	$395M	$396M	-0.2%

Revenue Segments

Asset Servicing Segment

$1.0B58%

Wealth Management

$736M42%