Northern Trust Corporation · NASDAQ:NTRS
Northern Trust — Q1 2025 Earnings Presentation
13 slides from Northern Trust's earnings presentation, Apr 22, 2025
Slide 1: First Quarter 2025 Quarterly Earnings Review
NORTHERN TRUST CORPORATION First Quarter 2025 Quarterly Earnings Review northerntrust.com / © 2025 Northern Trust
Slide 2: 135 years of strength, stability & stewardship
135 years of strength, stability & stewardship Disciplined, client-centric strategy Highest standards of client service Product leadership & innovative services Solutions-focused technology & integrated operating platform northerntrust.com / © 2025 Northern Trust 2
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS northerntrust.com / © 2023 2025 Northern Trust 33
Slide 4: Financial Highlights & Key Metrics
Financial Highlights & Key Metrics Notable Items*: % CHANGE VS. RESULTS INCLUDE IMPACT OF NOTABLE ITEMS* $ in millions (except EPS and as noted) 1Q 2025 4Q 2024 1Q 2024 1Q24 Pre-tax Revenue (FTE¹) $ 1,945.6 (1)% 18 % Noninterest Expense $ 1,417.6 3% 4% Provision for Credit Losses 1.0 N/M N/M • $189.
Slide 5: Asset Servicing Highlights
Asset Servicing Highlights Asset Servicing Trust, Investment and Other Servicing Fees ($ in millions) +5% (1)% 667.1 675.5 671.9 639.6 650.6 $43.9 $41.3 $48.2 $45.0 $42.5 $20.4 % CHANGE VS. $17.5 $17.9 $16.5 $17.9 Key Indicators (in billions): 1Q 2025 4Q 2024 1Q 2024 $152.6 $156.9 $152.5 Other $145.
Slide 6: Wealth Management Highlights
Wealth Management Highlights Wealth Management Trust, Investment and Other Servicing Fees ($ in millions) +8% (1)% 546.7 541.9 529.5 515.5 503.3 $100.7 $103.8 $100.8 % CHANGE VS. $98.8 $95.2 Key Indicators (in billions): 1Q 2025 4Q 2024 1Q 2024 $110.0 $108.0 $105.7 Global Family Assets under Custody
Slide 7: Net Interest Income and Balance Sheet Trends
Net Interest Income and Balance Sheet Trends Average Earning Assets Net Interest Income (FTE¹) ($ in billions) ($ in millions) +3% +7% +3% —% 135.4 138.0 $569.4 $574.3 $573.7 133.8 134.8 133.7 $8.5 $7.8 $535.4 $529.8 $7.8 $8.5 $8.1 41.0 Other Earning $41.6 $41.0 $39.9 $41.2 Assets² Loans 1.68% 1.71%
Slide 8: Noninterest Expense
Noninterest Expense Expense Highlights Total Noninterest Expense Noninterest expense included the ($ in millions) following notable items: +4% +3% 1,533.9 1Q24 Pre-tax $175.3 1,417.6 1,364.7 1,359.4 1,375.9 $84.0 • $12.5 million FDIC special assessment $100.4 $54.8 $86.1 $93.4 $53.4 $54.1 $53.8 $54.
Slide 9: Capital Update
Capital Update Capital Highlights Northern Trust Corporation Capital Ratios • Robust capital and liquidity Standardized Common Equity Tier 1 Standardized Tier 1 Leverage • $12.0 billion in Tier 1 capital 12.6% 12.6% 12.4% 12.9% 7.8% 8.0% 8.1% 8.1% 8.0% 11.4% • 63% of average deposits covered by high
Slide 10: Appendix
Appendix northerntrust.com / © 2025 Northern Trust
Slide 11: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures The following table presents a reconciliation of interest income, net interest income, net interest margin, total revenue, pre-tax income, and profit margin (pre-tax) prepared in accordance with GAAP to such measures on a fully taxable equivalent (FTE) b
Slide 12: Forward-looking Statements
Forward-looking Statements This presentation may include statements which constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified typically by words or phrases such as
Slide 13: Northern Trust
uy NORTHERN TRUST