Page 3 - The Northern Trust Company

Definition The Northern Trust The Northern Trust
Company Company
Chicago, IL Chicago, IL
December 31, 2017 December 31,
2016
Performance and Condition Ratios
1 % of unprofitable institutions N/A N/A
2 % of institutions with earnings gains N/A N/A
Performance Ratios (%, annualized) (Year-to-date) (Year-to-date)
3 Yield on earning assets 1.49% 1.29%
4 Cost of funding earning assets 0.27% 0.14%
5 Net interest margin 1.22% 1.15%
6 Noninterest income to assets 2.98% 3.01%
7 Noninterest expense to assets 2.86% 2.82%
8 Loan and lease loss provision to assets -0.02% -0.01%
9 Net operating income to assets 0.91% 0.84%
10 Return on assets (ROA) 0.91% 0.84%
11 Pretax return on assets 1.27% 1.25%
12 Return on equity (ROE) 12.94% 12.09%
13 Retained earnings to average equity (YTD only) 7.07% 8.49%
0.03% 0.04%
14 Net charge-offs to loans and leases
15 Loan and lease loss provision to net charge-offs -194.30% -115.31%
16 Earnings coverage of net loan charge-offs (x) 159.05 98.09
17 Efficiency ratio 69.26% 69.21%
18 Assets per employee ($ millions) 7.76 7.35
19 Cash dividends to net income (YTD only) 45.35% 29.75%
Condition Ratios (%)
20 Earning assets to total assets 93.24% 92.93%
21 Loss allowance to loans and leases 0.40% 0.48%
22 Loss allowance to noncurrent loans and leases 82.68% 84.19%
23 Noncurrent assets plus other real estate owned to assets 0.12% 0.16%
0.49% 0.57%
24 Noncurrent loans to loans
25 Net loans and leases to assets 23.49% 27.25%
26 Net loans and leases to deposits 28.62% 32.86%
27 Net loans and leases to core deposits 87.56% 84.35%
28 Domestic deposits to total assets 27.41% 33.04%
29 Equity capital to assets 6.68% 6.99%
30 Core capital (leverage) ratio 7.03% 7.03%
31 Tier 1 risk-based capital ratio 12.56% 11.53%
32 Total risk-based capital ratio 14.28% 13.30%