On Wednesday, Jan. 17, Northern Trust (NASDAQ:NTRS) released fourth-quarter and year-end earnings for the period ended Dec. 31, 2006. Here are the quick and dirty details for the quarter.

  • Total revenue grew 12.1% to $776 million.
  • Net interest income grew 10.3%, even though the net interest margin decreased slightly to 1.67%.
  • Total diluted earnings advanced 14.9%, representing the eighth straight quarter of double-digit earnings gains.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Total Revenue

$776.0

$692.4

12.1%

Net Interest Income

$206.6

$187.3

10.3%

Net Profit

$170.8

$147.6

15.7%

EPS

$0.77

$0.67

14.9%

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

Ratio Checkup

Q4 2006

Q4 2005

Change*

Net Interest Margin

1.67%

1.80%

(0.13%)

Nonperforming Assets / Assets

0.06%

0.06%

(0.00%)

Return on Average Assets

1.18%

1.23%

(0.05%)

Return on Average Equity

17.14%

16.38%

0.76%

*Expressed in percentage points.

Find out more about bank ratios.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Investments

$29,156

$27,145

7.4%

Loans

$22,610

$19,969

13.2%


Liabilities

Q4 2006

Q4 2005

Change

Int. Bearing Deposits

$34,505

$31,093

11.0%

Total Liabilities

$56,768

$49,813

14.0%

Learn about bank assets and bank liabilities.

Related Companies:

  • National City Corp (NYSE:NCC)
  • Fifth Third Bancorp (NASDAQ:FITB)
  • State Street (NYSE:STT)
  • JPMorgan Chase (NYSE:JPM)
  • Marshall & Ilsley (NYSE:MI)

Related Foolishness:

National City and JPMorgan are Income Investor recommendations.

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.

Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.