WASHINGTON (dpa-AFX) - Northern Trust Corp. (NTRS) reported Tuesday that its
first-quarter net income applicable to common stock declined 38 percent to
$198.5 million from last year's $318.4 million, with earnings per share
decreasing 37 percent to $0.96 from $1.51 last year.

On average, 14 analysts polled by Thomson Reuters expected the company to report
earnings of $1.44 per share for the quarter. Analysts' estimates typically
exclude special items.

Total revenue on an FTE basis declined 6 percent to $1.65 billion from last
year's $1.76 billion. Analysts estimated revenues of $1.75 billion for the
quarter.

Net interest income on FTE basis was $535.4 million, down 2 percent from last
year, primarily due to higher funding costs.

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