Northern Trust (NTRS) 10-K Summaries & Annual Filing History
Review Northern Trust Corporation (NTRS) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Northern Trust Corporation reported higher annual revenue and net income for FY2025. The filing notes a number of risk factors and discusses the company's financial condition and results of operations.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$1.7B
Net income reported for the year.
Operating cash flow
$5.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4.4B | +1.6% |
| Dec 31, 2023 | $4.4B | -1.6% |
| Dec 31, 2024 | $4.7B | +8.4% |
| Dec 31, 2025 | $5B | +6.1% |
Business overview
Northern Trust Corporation describes its business in Item 1, which covers the company's operations as a financial holding company. The filing includes Item 1A on risk factors and Item 1C on cybersecurity.
Financial performance
Revenue increased for the year, rising from a prior level to a higher figure. Net income was reported at a level consistent with the revenue increase. Operating cash flow was also reported at a substantial level.
Material risks
The filing identifies multiple risk factors in Item 1A. These risks include operational, regulatory, and market-related uncertainties that could affect the company's business and financial results.
Liquidity and capital
The filing provides management's discussion on financial condition and results of operations in Item 7. No specific capital-allocation policy or liquidity themes beyond what is in the Management Discussion and Analysis section are explicitly detailed in the supplied context.
What to watch
Readers should monitor any material changes in the risk factors disclosed in Item 1A in the next filing.