Northern Trust Corporation Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
Northern Trust Corporation announced consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net interest income of $417.2 million compared to $380.0 million a year ago. Total revenue was $1,503.8 million compared to $1,424.5 million a year ago. Net income was $409.9 million compared to $356.6 million a year ago. Basic net income per share was $1.81 compared to $1.52 a year ago. Diluted net income per share was $1.80 compared to $1.51 a year ago.
For the full year, the company reported net interest income of $1,622.7 million compared to $1,429.2 million a year ago. Total revenue was $5,960.2 million compared to $5,375.3 million a year ago. Net income was $1,556.4 million compared to $1,199.0 million a year ago. Basic net income per share was $6.68 compared to $4.95 a year ago. Diluted net income per share was $6.64 compared to $4.92 a year ago.