Northern Trust Corporation (NTRS)

Custody and wealth bank, 23,800 FTE. Read October 19, 2026 from the annual report for the period ending December 31, 2025, filed February 24, 2026. Ranked 28 of the 37 Financial Services companies read so far, by the share within reach now.

A custody and wealth management bank whose filing states one full-time equivalent total and nothing by business or country, so the whole workforce takes the securities pattern by description.

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 36% now, 61% at the end of 2027, 71% at the end of 2028, 74% at the end of 2030. By the patterns, the work is about 74% desk work, 23% people work and 3% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 26% of the working time stays with people (conversation, in-person and hands-on work), 64% becomes checking a model's work and 7% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

23,800 employees as of December 31, 2025 (full-time equivalent). The filing states no count by country; 70% of revenue is domestic.

The filing: “Northern Trust employed approximately 23,800 full-time equivalent employees as of December 31, 2025.”

The workforce as industry patterns

What the filing says about the workforce: About 23,800 full-time equivalent employees as of December 31, 2025, up 2% from 23,300.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Securities, Commodity Contracts, and Other Financial Investments and Related Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Morgan Stanley (MS, 83,000 employees)36% now, 71% by 2028
• State Street Corporation (STT, 52,000 employees)36% now, 71% by 2028
• Bank of New York Mellon Corp (BNY, 48,100 employees)36% now, 71% by 2028
• The Goldman Sachs Group, Inc. (GS, 47,400 employees)36% now, 71% by 2028
• S&P Global Inc. (SPGI, 44,500 employees)32% now, 70% by 2028
• The Charles Schwab Corporation (SCHW, 33,000 employees)36% now, 71% by 2028
• BlackRock, Inc. (BLK, 24,900 employees)35% now, 71% by 2028
• Brookfield Asset Management Ltd. (BAM, 5,800 employees)36% now, 71% by 2028

What the filing says about AI

34 sentences in the filing name AI. The filing names AI 34 times, as a technology it uses to process transactions and mitigate risk, as an investment area, and as a subject of evolving regulation.

• “Northern Trust will continue to enable its strategy through significant investments in talent and culture, technology, data, AI and operational excellence.”
• “ARTIFICIAL INTELLIGENCE Northern Trust uses a variety of machine learning and artificial intelligence (AI) solutions to process transactional activity more efficiently and to mitigate risk.”
• “Regulation of AI is rapidly evolving in the U.S. and worldwide as legislators and regulators are increasingly focused on these powerful emerging technologies.”
• “The technologies underlying AI and its uses are subject to a variety of laws and regulations, including intellectual property, privacy, data protection, cybersecurity, consumer protection, competition, and equal opportunity laws, and are expected to be subject to increased regulation and new laws or new applications of existing laws and regulations.”
• “Additionally, several U.S. states, including Colorado and California, have passed or are continuing to propose laws and regulations that govern various facets and uses of AI, including consequential decisions, and, in Europe, the EU's Artificial Intelligence Act (EU AI Act) entered into force on August 1, 2024.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20211median 0
• Fiscal 20221median 0
• Fiscal 20232median 1
• Fiscal 202415median 4
• Fiscal 202534median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• The headcount is a full-time equivalent count, recorded as such.
• One pattern by description: the filing gives no count by business.
• No U.S. share is stated.

Source: the company's annual report on EDGAR, accession 0000073124-26-000016, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.