You Can Trust Northern Trust: Fool by Numbers

On July 18, Northern Trust (Nasdaq: NTRS) released second-quarter earnings for the period ended June 30.

• The earnings growth of 21% was driven primarily by revenue growth in both private client and corporate and institutional businesses.
• Growth in short-term money market assets, loans, leases, and securities increased the average earning assets by 15%. In response, net interest income rose nearly 5%.
• The impact of FSP 13-2, which narrowed the interest rate spread, caused a decline in the company's overall net interest margin.

(Figures in millions, except per-share data)

Income Statement Highlights

	Q2 2007	Q2 2006	Change
Total Revenue	$878.4	$789.3	11.3%
Net Interest Income	$208.6	$199.0	4.8%
Net Profit	$206.9	$167.9	23.2%
EPS	$0.92	$0.76	21.1%

Get back to basics with a look at the income statement.

Ratio Checkup

	Q2 2007	Q2 2006	Change*
Net Interest Margin	1.58%	1.73%	(0.15%)
Nonperforming Assets / Assets	0.05%	0.07%	(0.02%)
Return on Average Assets	1.40%	1.28%	0.12%
Return on Average Equity	20.23%	18.05%	2.18%

*Expressed in percentage points.

Find out more about bank performance ratios.

Balance Sheet Highlights

Assets	Q2 2007	Q2 2006	Change
Investments	$12,605	$10,523	19.8%
Loans	$24,045	$21,297	12.9%

Liabilities	Q2 2007	Q2 2006	Change
Deposits	$37,636	$31,638	19%
Total Liabilities	$55,383	$49,518	11.8%

Learn about bank assets and bank liabilities.

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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.