![NORTHERN TRUST CORP [NTRS] reports annual net loss of $1.1 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FNTRS.png&w=3840&q=75)
NORTHERN TRUST CORP [NTRS] reports annual net loss of $1.1 billion
Company Reports Revenue of $7.3 billion
NORTHERN TRUST CORP [NTRS] has reported a net loss of $1.1 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $7.3 billion
Based in CHICAGO, Illinois, NORTHERN TRUST CORP operates in the FINANCE sector.
In the 12 months ended on December 31, 2023, the financial performance of the company demonstrated fluctuations compared to the same period in the previous years.
In terms of Noninterest Income, Trust, Investment and Other Servicing Fees saw a slight decrease from $4,432.6 million in 2022 to $4,361.8 million in 2023. Foreign Exchange Trading Income also experienced a decline from $288.6 million in 2022 to $203.9 million in 2023. However, Other Operating Income showed an increase from $191.3 million in 2022 to $228.7 million in 2023.
