NTRS Q3 2024 Earnings — Northern Trust Corporation Revenue & Financial Results | Market Cap Arena

NTRSNorthern Trust Corporation

$26B

Q3 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.9B+22.8% YoY

Gross Profit

$2.0B49.8% margin

Operating Income

$601M15.3% margin

Net Income

$465M11.8% margin

EPS (Diluted)

$2.22

QoQ Revenue Growth

-16.2%

Cash Flow

Operating Cash Flow

$611M

Free Cash Flow

$402M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$155.8B

Total Liabilities

$143.0B

Stockholders' Equity

$12.7B

Cash & Equivalents

$49.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.2B	+22.8%
Gross Profit	$2.0B	$1.7B	+14.5%
Operating Income	$601M	$434M	+38.4%
Net Income	$465M	$328M	+41.8%

Revenue Segments

Asset Servicing Segment

$1.1B58%

Wealth Management

$808M42%