NTRSNorthern Trust Corporation

$26B

Q4 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$3.3B+51.4% YoY

Gross Profit

$1.5B47.0% margin

Operating Income

$146M4.5% margin

Net Income

$113M3.5% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$2.8B

Free Cash Flow

$2.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$150.8B

Total Liabilities

$138.9B

Stockholders' Equity

$11.9B

Cash & Equivalents

$41.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.2B	+51.4%
Gross Profit	$1.5B	$1.5B	+1.3%
Operating Income	$146M	$190M	-23.4%
Net Income	$113M	$156M	-27.4%

Revenue Segments

Wealth Management

$720M100%

NTRS Q4 2023 Earnings — Northern Trust Corporation Revenue & Financial Results | Market Cap Arena