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Northern Trust (Northern Trust) Retained Earnings : $14,279 Mil (As of Mar. 2024)


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What is Northern Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northern Trust's retained earnings for the quarter that ended in Mar. 2024 was $14,279 Mil.

Northern Trust's quarterly retained earnings declined from Sep. 2023 ($14,282 Mil) to Dec. 2023 ($14,234 Mil) but then increased from Dec. 2023 ($14,234 Mil) to Mar. 2024 ($14,279 Mil).

Northern Trust's annual retained earnings increased from Dec. 2021 ($13,117 Mil) to Dec. 2022 ($13,799 Mil) and increased from Dec. 2022 ($13,799 Mil) to Dec. 2023 ($14,234 Mil).


Northern Trust Retained Earnings Historical Data

The historical data trend for Northern Trust's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northern Trust Retained Earnings Chart

Northern Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,656.70 12,207.70 13,117.30 13,798.50 14,233.80

Northern Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,958.30 14,127.60 14,281.60 14,233.80 14,278.90

Northern Trust Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Northern Trust  (NAS:NTRS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Northern Trust (Northern Trust) Business Description

Address
50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.
Executives
Jason J. Tyler officer: EVP & Chief Financial Officer C/O MULTI PACKAGING SOLUTIONS, 150 E 52ND ST, 28TH FLOOR, NEW YORK NY 10022
Levy Susan Cohen officer: Executive VP & General Counsel 50 S LASALLE ST, M9, CHICAGO IL 60603
Michael O'grady officer: President / C&IS 50 S LASALLE STREET, CHICAGO IL 60603
Peter Cherecwich officer: EVP, Global Fund Services 50 SOUTH LASALLE ST, M9, CHICAGO IL 60603
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Daniel Gamba officer: President / Asset Management 50 SOUTH LA SALLE ST, CHICAGO IL 60603
Lauren E Allnutt officer: SVP & Controller 50 S LA SALLE ST, CHICAGO IL 60603
Alexandria Taylor officer: Chief Human Resources Officer 50 SOUTH LA SALLE STREET, CHICAGO IL 60603
Thomas A South officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Clair Joyce St officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Teresa Parker officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Shundrawn A Thomas officer: President / Asset Management 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Robert P Browne officer: EVP & Chief Investment Officer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven L Fradkin officer: Executive Vice President & CFO 50 S LASALLE ST, CHICAGO IL 60603
Mark C Gossett officer: Executive Vice President 50 SOUTH LA SALLE STREET, CHICAGO IL 60603