Northern Trust Corporation (NTRS)

Northern Trust Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,031	1,107	1,336	1,545	1,209
Depreciation & Amortization	119.2	125.2	119.4	125.5	133.4
Other Amortization	597.6	509.4	434.2	390.1	366.9
Gain (Loss) on Sale of Investments	154.2	172.5	60.3	100	89.3
Provision for Credit Losses	-3	24.5	12	-81.5	125
Change in Income Taxes	183.5	-44.4	61.3	37.2	25.4
Change in Other Net Operating Assets	-3,294	-60.6	697.3	-927.4	-13.3
Other Operating Activities	-232.9	705.9	-500.7	174.6	-15.6
Operating Cash Flow	-486	2,626	2,392	1,356	1,897
Operating Cash Flow Growth	-	9.75%	76.43%	-28.51%	-26.82%
Capital Expenditures	-101.5	-116.5	-128.6	-95.5	-135.8
Investment in Securities	-1,497	3,958	6,204	-407.3	-6,656
Purchase / Sale of Intangibles	-644	-559.3	-594.9	-419.6	-424.6
Net Decrease (Increase) in Loans Originated / Sold - Investing	4,166	-4,702	-2,442	-6,745	-2,317
Other Investing Activities	-4,487	6,204	22,891	-10,936	-20,390
Investing Cash Flow	-2,564	4,784	25,930	-18,603	-29,923
Short-Term Debt Issued	-	1,366	5,899	492.1	-
Long-Term Debt Issued	-	2,000	1,989	-	993.2
Total Debt Issued	-	3,366	7,888	492.1	993.2
Short-Term Debt Repaid	-1,312	-1,059	-	-686.5	-3,441
Long-Term Debt Repaid	-	-	-500	-778.8	-508.6
Total Debt Repaid	-1,312	-1,059	-500	-1,465	-3,950
Net Debt Issued (Repaid)	-1,312	2,307	7,388	-973.2	-2,956
Issuance of Common Stock	9.4	2.3	3.9	53.8	19.5
Repurchase of Common Stock	-937.8	-347.5	-35.4	-267.6	-299.8
Preferred Share Repurchases	-	-	-	-	-400
Common Dividends Paid	-602.3	-621.5	-750.2	-583.3	-584.6
Preferred Dividends Paid	-41.8	-41.8	-46.5	-41.8	-45.9
Total Dividends Paid	-644.1	-663.3	-796.7	-625.1	-630.5
Net Increase (Decrease) in Deposit Accounts	6,331	-8,478	-32,997	17,886	32,138
Other Financing Activities	-6.4	-2.7	-	0.1	1.2
Financing Cash Flow	3,440	-7,183	-26,437	16,074	27,872
Foreign Exchange Rate Adjustments	-504.3	-89.8	-287.4	-159.6	84.6
Net Cash Flow	-114.3	137.3	1,597	-1,333	-69.7
Free Cash Flow	-587.5	2,509	2,264	1,261	1,761
Free Cash Flow Growth	-	10.84%	79.59%	-28.42%	-27.65%
Free Cash Flow Margin	-7.08%	37.18%	33.54%	19.26%	29.47%
Free Cash Flow Per Share	-2.91	12.09	10.84	6.03	8.43
Cash Interest Paid	7,610	5,286	822.4	30.8	226.8
Cash Income Tax Paid	268.6	362.5	459.9	371	327.7

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q