The Northern Trust Company

Headquarters

50 S La Salle St
Chicago, IL 60603
See all branch locations →

Phone 866-876-9944

Notable Rates APY Vs.Others
Savings 0.05% 2.55% →
1-Year CD 0.10% 2.85% →
2-Year CD 0.25% 3.20% →
5-Year CD 0.25% 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

The Northern Trust Company is an FDIC insured institution located in Chicago, IL. It was founded in 1889 and has approximately $172.12 billion in assets. Customers can open an account at one of its 75 branches.

FDIC Insured Yes
FDIC Certificate # 913
Date Established 1889
Assets $ 172.12 billion
Loans $ 39.10 billion
Deposits $ 151.08 billion
Capital $ 10.64 billion
 

For a more detailed analysis of The Northern Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 18, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.10% $100,000 $199,999 Learn More
18 Mo CD
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.15% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.25% $10,000 $14,999 Learn More
60 Mo CD
0.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 $99 Learn MoreShow Less
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - August 18, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Northern Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
4.955% 4.875%
0.50 points
$2,302 fees
$1,324 Learn More
Rocket Mortgage
NMLS ID: 3030
6.644% 6.500%
1.00 points
$3,750 fees
$1,581 Learn More
Morty, Inc.
NMLS ID: 1429243
4.808% 4.750%
0.63 points
$1,680 fees
$1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 4.990 %
After Intro: 6.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to The Northern Trust Company
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Branches

The Northern Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


The Northern Trust Company Locations



Climate Initiatives

The Northern Trust Company is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

The Northern Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Northern Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
The Northern Trust Company U.S. Bank Average
1.92% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, The Northern Trust Company had $206,792,000 in non-current loans and $174,000 in owned real estate. To cover these potential losses it had $10,636,711,000 in equity and $136,354,000 in loans loss reserves. That gives it a Texas Ratio of 1.92%.

Return on Equity
The Northern Trust Company U.S. Bank Average
14.35% 9.01%

The Northern Trust Company has a Return on Equity of 14.35% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
The Northern Trust Company U.S. Bank Average
6.18% 10.66%

The Northern Trust Company has a Capitalization of 6.18% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

The Northern Trust Company Balance Sheet Analysis

As of March 31, 2022, The Northern Trust Company had assets of $172,118,401,000, loans of $39,102,725,000, and deposits of $151,075,755,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
ASSETS
Cash & Balances due from depository institutions $ 63.18 billion
Interest-bearing balances $ 61.68 billion
Total securities $ 57.18 billion
Federal funds sold and reverse repurchase $ 1,031.37 million
Net loans and leases $ 39.10 billion
Loan loss allowance $ 136.35 million
Trading account assets $ 1,055.25 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.17 million
Goodwill and other intangibles $ 731.85 million
All other assets $ 8.85 billion
     Total Assets $ 161.48 billion
LIABILITIES
Total deposits $ 151.08 billion
      Interest-bearing deposits $ 103.20 billion
      Deposits held in domestic offices $ 57.76 billion
      % insured (estimated) 6.18%
Federal funds purchased and repurchase agreements $ 329.90 million
Trading liabilities $ 907.62 million
Other borrowed funds $ 5.14 billion
Subordinated debt $ 993.50 million
All other liabilities $ 3.04 billion
      Total Liabilities $ 161.48 billion
      Shareholders’ Equity $ 10.64 billion

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 383.60 million
Total Interest Expense N.A.
Net interest income $ 389.08 million
Provision for loan and lease losses $ 2.01 million
Total non interest income $ 1,315.38 million
Total non interest expense $ 1,184.56 million
Pre-tax Net Operating Income $ 517.89 million

Bank Loan Profile?

The top three loan types in The Northern Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, The Northern Trust Company’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 15.77
Multifamily
Mortgages
3.32
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.13
Construction and Development Loans 1.15
Commercial Real Estate 9.30
Commercial and Industrial Loans 12.28
Farm Loans 0.00

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