The Northern Trust Company
BankRegReports is independent of The Northern Trust Company and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
The Northern Trust Company is an FDIC-insured commercial bank headquartered in Chicago, IL, established in 1889 (FDIC certificate 913), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $178.57B, up 4.2% from Q2 2025, the 2nd largest of 319 banks headquartered in Illinois. Its CET1 capital ratio was 11.83% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 913
- Headquarters
- Chicago, IL
- Established
- 1889
- Total assets, Q2 2026
- $178.57B
- Assets vs Q2 2025
- +4.2%
- CET1 ratio, Q2 2026
- 11.83%
- Domestic offices
- 65 FDIC institution directory, current count
- Routing number
- 071000152
- Latest call report
- Q2 2026, FFIEC 031 · The Northern Trust Company call report
- Holding company
- NORTHERN TRUST CORPORATION
- Asset rank in state
- 2nd of 319 in Illinois
The Northern Trust Company is the 25th-largest bank in the United States, with $178.6 billion in assets at June 30, 2026, up 4.2% from a year earlier. It is headquartered in Chicago, Illinois, and operates 65 domestic branches. It keeps 1.80 cents of net interest income on every dollar of earning assets, about half the median of 3.43 cents for the 14 banks with $100 billion to $250 billion in assets. It also pays an average of 3.82% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 2.26%).
Earnings jumped: net income for the quarter was $790 million, 85% above the same quarter a year earlier. Over the same year, loans grew 1.2% and deposits grew 6.3%. Where it has less room is capital: it funds 6.84% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 9.51%).
As of June 30, 2026, The Northern Trust Company reported a CET1 capital ratio of 11.83%, a return on assets of 1.94%, a nonperforming-loan ratio of 0.23% and a Texas ratio of 0.87%. The figures come from its call report filed with the FFIEC.
Of the 319 banks headquartered in Illinois, The Northern Trust Company is the 2nd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 2.7% to $178.57B, loans rose 3.1% and deposits rose 4.1%. Loans for purchasing or carrying securities made up 24.0% of its total loans on June 30, 2026, its largest category; next came all other loans at 23.5%. Its 58 offices in the FDIC Summary of Deposits are in 54 cities across 19 states; its Chicago office books 67% of its branch deposits. Judged on its Q2 2026 call report, The Northern Trust Company meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 50 S La Salle St, Chicago, IL 60603
- County
- Cook
- Metro Area
- Chicago-Naperville-Elgin, IL-IN
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 031
- Established
- January 1, 1889
- Domestic offices
- 65 FDIC institution directory, current count
- Employees (FTE)
- 23,363
- Domestic deposits
- $56.95B
- Allowance for credit losses
- $160.8M
- Net charge-offs (YTD)
- -$279K
- Average total assets
- $163.02B
- Average total loans
- $41.57B
- Average interest-bearing deposits
- $113.24B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 913
- Fed RSSD
- 210434
- SEC CIK
- 73124 → filed by NORTHERN TRUST CORPORATION
- Website
- www.northerntrust.com →
- Parent Holding Company
- NORTHERN TRUST CORPORATION (RSSD 1199611) · NTRS
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Michael O'Grady | CEO | Chairman and CEO |
| Michael Hunstad | PRES | President/Asset Management |
| David W Fox Jr | CFO | EVP & Chief Financial Officer |
| Peter Cherecwich | COO | Chief Operating Officer |
| Levy Susan Cohen | GC | EVP and General Counsel |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
The Northern Trust Company's total assets moved between a low of $145.82B (Q3 2023) and a high of $178.57B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$178.57B total assets against $171.31B; $166.62B total liabilities against $160.21B.
$43.66B net loans and leases against $43.14B; $148.11B total deposits against $139.33B.
$61.23B securities against $53.14B; $58.66B cash and balances due against $61.63B.
$2.19B total interest income against $2.21B; $1.51B total interest expense against $1.59B.
$677.9M net interest income against $621.0M.
$1.52B total noninterest income against $1.35B; $1.60B total noninterest expense against $1.38B.
-$5.3M provision for credit losses against $16.5M.
$790.1M net income against $426.7M.
1.94% return on assets against 1.08%; 1.80% net interest margin against 1.70%.
11.83% CET1 capital ratio against 11.39%; 6.84% tier 1 leverage ratio against 6.57%.
Inside the full The Northern Trust Company terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Northern Trust Company rankings
Its closest position to the top of a national ranking is 25 of 4,196, for total assets; its furthest is 1,762 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.98% (Q1 2025) to 1.94% (Q2 2026) and its net interest margin ran from 1.57% (Q1 2025) to 1.80% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.83% | 1.94% | 0.23% | 0.87% | 1.80% |
| Q1 2026 | 11.63% | 1.24% | 0.23% | 0.88% | 1.72% |
| Q4 2025 | 12.07% | 1.20% | 0.24% | 0.94% | 1.80% |
| Q3 2025 | 11.77% | 1.19% | 0.22% | 0.87% | 1.68% |
| Q2 2025 | 11.39% | 1.08% | 0.30% | 1.23% | 1.70% |
| Q1 2025 | 11.99% | 0.98% | 0.39% | 1.52% | 1.57% |
| Q4 2024 | 11.38% | 1.22% | 0.32% | 1.34% | 1.64% |
| Q3 2024 | 12.32% | 1.15% | 0.30% | 1.16% | 1.72% |
Swipe the table sideways to see every column.
Branch Network
View all 58 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Northern Trust Company | Chicago , IL | 60603 | $38.38B |
| Miami Branch | Miami , FL | 33131 | $2.50B |
| Lake Forest Branch | Lake Forest , IL | 60045 | $1.56B |
| Century City Branch | Los Angeles , CA | 90067 | $1.29B |
| Saint Ann Court Branch | Dallas , TX | 75201 | $1.21B |
| Winnetka Branch | Winnetka , IL | 60093 | $670.6M |
| Fort Lauderdale Branch | Fort Lauderdale , FL | 33301 | $659.3M |
| River Oaks Branch | Houston , TX | 77098 | $642.5M |
| Sarasota Branch | Sarasota , FL | 34236 | $628.9M |
| Oakbrook Terrace Branch | Oakbrook Terrace , IL | 60181 | $539.6M |
| New York Office Branch | New York , NY | 10022 | $535.6M |
| Coral Gables Branch | Coral Gables , FL | 33134 | $534.5M |
| San Francisco Branch | San Francisco , CA | 94104 | $508.7M |
| Vero Beach Branch | Vero Beach , FL | 32963 | $410.2M |
| Tampa Branch | Tampa , FL | 33602 | $401.4M |
| Phoenix Branch | Phoenix , AZ | 85016 | $375.8M |
| Greenwich Branch | Greenwich , CT | 06830 | $341.9M |
| Atlanta Branch | Atlanta , GA | 30327 | $336.3M |
| Newport Beach Branch | Newport Beach , CA | 92660 | $336.1M |
| North Palm Beach Branch | North Palm Beach , FL | 33408 | $325.2M |
| Scottsdale Branch | Scottsdale , AZ | 85254 | $301.8M |
| Naples Parkshore Branch | Naples , FL | 34103 | $283.3M |
| Las Vegas Branch | Las Vegas , NV | 89135 | $250.9M |
| Silicon Valley Branch | Menlo Park , CA | 94025 | $241.1M |
| Fort Myers Branch | Fort Myers , FL | 33907 | $214.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 1, 2011 | M&A | Acquired Northern Trust, National Association merger for the acquired bank | SEC |
| October 1, 2011 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2011 | Structure Change | Acquired Northern Trust, National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 1, 1996 | M&A | Acquired Northern Trust Bank/DuPage merger for the acquired bank | SEC |
| March 1, 1996 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 1, 1996 | Structure Change | Acquired Northern Trust Bank/DuPage Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 1, 1989 | M&A | Acquired Northern Trust Company of Illinois merger for the acquired bank | SEC |
| May 1, 1989 | Structure Change | Acquired Northern Trust Company of Illinois Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 8 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 5.6% of deposits in IL, rank 5 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 338 applications, 289 loans originated, $687.9M originated, across 40 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $500K approved, $500K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2008 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows The Northern Trust Company’s latest filed figures and updates each quarter.
Similar banks
Compare The Northern Trust Company with peers
Frequently asked about The Northern Trust Company
What are The Northern Trust Company's total assets?
As of the Q2 2026 filing, The Northern Trust Company reported total assets of $178.57 billion in its FFIEC call report.
Where is The Northern Trust Company headquartered?
It is headquartered in Chicago, IL, United States.
When was The Northern Trust Company founded?
It was established in 1889, per the FDIC institution directory.
Is The Northern Trust Company FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #913). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Northern Trust Company?
The Northern Trust Company's primary federal regulator is the Federal Reserve.
What is The Northern Trust Company's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.83% in its Q2 2026 call report, above regulatory requirements.
How many branches does The Northern Trust Company operate?
It operates 65 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Northern Trust Company's Texas Ratio?
Its Texas Ratio is 0.87% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on The Northern Trust Company.
Get an email when The Northern Trust Company files its next call report, and benchmark it against any peer you choose.
Unlock The Northern Trust Company, freeFree account