NTRS 10-K Annual Report Dec. 31, 2024 | Alphaminr

NTRS 10-K Fiscal year ended Dec. 31, 2024

NORTHERN TRUST CORP
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TABLE OF CONTENTS
Part IprintItem 1 BusinessprintItem 1A - Risk FactorsprintItem 1B Unresolved Staff CommentsprintItem 1C CybersecurityprintItem 2 PropertiesprintItem 3 Legal ProceedingsprintItem 4 Mine Safety DisclosuresprintPart IIprintItem 5 Market For Registrant S Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity SecuritiesprintItem 6 [reserved]printItem 7 Management S Discussion and Analysis Of Financial Condition and Results Of OperationsprintItem 7A Quantitative and Qualitative Disclosures About Market RiskprintItem 8 Financial Statements and Supplementary DataprintNote 1 Summary Of Significant Accounting PoliciesprintNote 2 Recent Accounting PronouncementsprintNote 3 Fair Value MeasurementsprintNote 4 SecuritiesprintNote 5 LoansprintNote 6 Allowance For Credit LossesprintNote 7 Concentrations Of Credit RiskprintNote 8 Buildings and EquipmentprintNote 9 Lease CommitmentsprintNote 10 Goodwill and Other IntangiblesprintNote 11 DepositsprintNote 12 Senior Notes and Long-term DebtprintNote 13 Stockholders EquityprintNote 14 Accumulated Other Comprehensive Income (loss)printNote 15 Net Income Per Common ShareprintNote 16 Revenue From Contracts with ClientsprintNote 17 Net Interest IncomeprintNote 18 Other Operating IncomeprintNote 19 Other Operating ExpenseprintNote 20 Income TaxesprintNote 21 Employee BenefitsprintNote 22 Share-based Compensation PlansprintNote 23 Cash-based Compensation PlansprintNote 24 Commitments and Contingent LiabilitiesprintNote 25 Derivative Financial InstrumentsprintNote 26 Securities Purchased Under Agreements To Resell and Securities Sold Under Agreements To RepurchaseprintNote 27 Offsetting Of Assets and LiabilitiesprintNote 28 Variable Interest EntitiesprintNote 29 Pledged Assets, Accepted Collateral and Restricted AssetsprintNote 30 Restrictions on Subsidiary Dividends and Loans Or AdvancesprintNote 31 Reporting Segments and Related InformationprintNote 32 Regulatory Capital RequirementsprintNote 33 Northern Trust Corporation (corporation Only)printItem 9 Changes in and Disagreements with Accountants on Accounting and Financial DisclosureprintItem 9A Controls and ProceduresprintItem 9B Other InformationprintItem 9C Disclosure Regarding Foreign Jurisdictions That Prevent InspectionsprintPart IIIprintItem 10 Directors, Executive Officers and Corporate GovernanceprintItem 11 Executive CompensationprintItem 12 Security Ownership Of Certain Beneficial Owners and Management and Related Stockholder MattersprintItem 13 Certain Relationships and Related Transactions, and Director IndependenceprintItem 14 Principal Accountant Fees and ServicesprintPart IVprintItem 15 Exhibits and Financial Statement SchedulesprintItem 15(a)(3) ExhibitsprintItem 16 Form 10-k Summaryprint

Exhibits

10.14** Northern Trust Corporation Wealth Planning and Tax Consulting Services Plan, as amended and restated effective January 1, 2021 (incorporated herein by reference to Exhibit 10.1 to the Corporations Quarterly Report on Form 10-Q for the quarter ended September 30, 2021). 10.15** Northern Trust Corporation Non-Employee Director Compensation Plan, as amended (incorporated herein by reference to Exhibit 10.17 to the Corporations Annual Report on Form 10-K for the year ended December 31, 2021). 10.16** Northern Partners Incentive Plan, as amended and restated on January 21, 2025. 10.17** The Northern Trust Company Death Benefit Plan (incorporated herein by reference to Exhibit 10.1 to the Corporations Quarterly Report on Form 10-Q for the quarter ended June 30, 2019). (i)** Amendment Number One to The Northern Trust Company Death Benefit Plan, dated July 11, 2019 and effective May 17, 2019 (incorporated herein by reference to Exhibit 10.20(i) to the Corporations Annual Report on Form 10-K for the year ended December 31, 2020). (ii)** Amendment Number Two to The Northern Trust Company Death Benefit Plan, dated July 29, 2019 and effective May 17, 2019 (incorporated herein by reference to Exhibit 10.20(ii) to the Corporations Annual Report on Form 10-K for the year ended December 31, 2020). (iii)** Amendment Number Three to The Northern Trust Company Death Benefit Plan, dated March 18, 2020 and effective May 17, 2019 (incorporated herein by reference to Exhibit 10.20(iii) to the Corporations Annual Report on Form 10-K for the year ended December 31, 2020). (iv)** Amendment Number Four to The Northern Trust Company Death Benefit Plan, dated June 22, 2022 and effective May 4, 2022 (incorporated herein by reference to Exhibit 10.19(iv) to the Corporations Annual Report on Form 10-K for the fiscal year ended December 31, 2022). 10.18** Transition Agreement by and between Northern Trust Corporation and Shundrawn A. Thomas, dated as of May 3, 2022 (incorporated herein by reference to Exhibit 10.1 to the Corporations Current Report on Form 8-K filed May 3, 2022). 19 Securities Transactions Policy. 21 Subsidiaries of the Registrant. 23 Consent of Independent Registered Public Accounting Firm. 31.1 Rule 13a-14(a)/15d-14(a) Certification of CEO Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.2 Rule 13a-14(a)/15d-14(a) Certification of CFO Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 32*** Certifications of CEO and CFO Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 97 Northern Trust Corporation Rule 10D-1 Incentive-Based Compensation Recoupment Policy(incorporated herein by reference to Exhibit97to the Corporations Annual Report on Form 10-K for the fiscal year ended December 31, 2023).