XML 61 R35.htm IDEA: XBRL DOCUMENT v3.3.0.814
Reporting Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Earnings Contribution of Northern Trust's Reporting Segments
The following tables show the earnings contributions of Northern Trust’s reporting segments for the three- and nine- month periods ended September 30, 2015 and 2014.
Table 50: Results of Reporting Segments
Three Months Ended September 30,
Corporate &
Institutional Services
 
Wealth
Management
 
Treasury and
Other
 
Total
Consolidated
($ In Millions)
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Noninterest Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trust, Investment and Other Servicing Fees
$
429.7

 
$
399.9

 
$
319.4

 
$
318.3

 
$

 
$

 
$
749.1

 
$
718.2

Foreign Exchange Trading Income
60.0

 
44.4

 
2.9

 
2.0

 

 

 
62.9

 
46.4

Other Noninterest Income
45.9

 
42.8

 
28.3

 
20.9

 
0.4

 
1.3

 
74.6

 
65.0

Net Interest Income (FTE)*
108.6

 
78.4

 
142.5

 
131.2

 
23.9

 
46.6

 
275.0

 
256.2

Revenue*
644.2

 
565.5

 
493.1

 
472.4

 
24.3

 
47.9

 
1,161.6

 
1,085.8

Provision for Credit Losses
(2.8
)
 
0.9

 
(7.2
)
 
(0.9
)
 

 

 
(10.0
)
 

Noninterest Expense
464.6

 
429.6

 
316.3

 
312.1

 
31.4

 
33.0

 
812.3

 
774.7

Income before Income Taxes*
182.4

 
135.0

 
184.0

 
161.2

 
(7.1
)
 
14.9

 
359.3

 
311.1

Provision for Income Taxes*
58.3

 
42.4

 
69.0

 
60.7

 
(2.6
)
 
3.5

 
124.7

 
106.6

Net Income
$
124.1

 
$
92.6

 
$
115.0

 
$
100.5

 
$
(4.5
)
 
$
11.4

 
$
234.6

 
$
204.5

Percentage of Consolidated Net Income
53
%
 
45
%
 
49
%
 
49
%
 
(2
)%
 
6
%
 
100
%
 
100
%
Average Assets
$
41,305.7

 
$
59,907.1

 
$
25,274.6

 
$
26,061.8

 
$
43,343.8

 
$
19,275.8

 
$
109,924.1

 
$
105,244.7

*
Stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $6.1 million for 2015 and $6.9 million for 2014.
Nine Months Ended September 30,
Corporate &
Institutional Services
 
Wealth
Management
 
Treasury and
Other
 
Total
Consolidated
($ In Millions)
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Noninterest Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trust, Investment and Other Servicing Fees
$
1,269.0

 
$
1,174.5

 
$
964.4

 
$
930.1

 
$

 
$

 
$
2,233.4

 
$
2,104.6

Foreign Exchange Trading Income
199.3

 
143.2

 
10.0

 
6.2

 

 

 
209.3

 
149.4

Other Noninterest Income
131.0

 
134.3

 
83.9

 
66.7

 
107.6

 
4.5

 
322.5

 
205.5

Net Interest Income (FTE)*
297.3

 
228.8

 
421.8

 
398.8

 
80.3

 
136.4

 
799.4

 
764.0

Revenue*
1,896.6

 
1,680.8

 
1,480.1

 
1,401.8

 
187.9

 
140.9

 
3,564.6

 
3,223.5

Provision for Credit Losses
(3.0
)
 
4.5

 
(21.5
)
 
(1.5
)
 

 

 
(24.5
)
 
3.0

Noninterest Expense
1,387.7

 
1,299.5

 
960.9

 
960.3

 
107.2

 
93.9

 
2,455.8

 
2,353.7

Income before Income Taxes*
511.9

 
376.8

 
540.7

 
443.0

 
80.7

 
47.0

 
1,133.3

 
866.8

Provision for Income Taxes*
160.9

 
113.3

 
203.2

 
166.9

 
34.7

 
18.8

 
398.8

 
299.0

Net Income
$
351.0

 
$
263.5

 
$
337.5

 
$
276.1

 
$
46.0

 
$
28.2

 
$
734.5

 
$
567.8

Percentage of Consolidated Net Income
48
%
 
46
%
 
46
%
 
49
%
 
6
%
 
5
%
 
100
%
 
100
%
Average Assets
$
41,461.6

 
$
59,061.3

 
$
24,806.8

 
$
23,613.4

 
$
43,449.9

 
20,281.1

 
$
109,718.3

 
$
102,955.8

*
Stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $18.7 million for 2015 and $22.4 million for 2014.