Northern Trust Corporation (NTRS)
| Market Cap | 17.23B |
| Revenue (ttm) | 6.67B |
| Net Income (ttm) | 945.60M |
| Shares Out | 204.59M |
| EPS (ttm) | 4.53 |
| PE Ratio | 18.59 |
| Forward PE | 12.11 |
| Dividend | $3.00 (3.56%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 700,202 |
| Open | 83.35 |
| Previous Close | 83.83 |
| Day's Range | 83.35 - 84.83 |
| 52-Week Range | 62.44 - 89.25 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 89.08 (+5.76%) |
| Earnings Date | Jul 17, 2024 |
About NTRS
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exch... [Read more]
Financial Performance
In 2023, Northern Trust's revenue was $6.75 billion, a decrease of -0.00% compared to the previous year's $6.75 billion. Earnings were $1.07 billion, a decrease of -17.67%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NTRS stock is "Buy." The 12-month stock price forecast is $89.08, which is an increase of 5.76% from the latest price.
News
Valverde Investment Partners Appoints Northern Trust to Provide Asset Servicing Solutions for its VCC Fund
SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been appointed by Valverde Investment Partners Pte Ltd. (Valverde) to provide custody, fund administration, foreig...
Northern Trust Releases Sustainability Report
CHICAGO--(BUSINESS WIRE)--Northern Trust has released its latest Sustainability Report, highlighting efforts to create better and more sustainable futures for our clients, employees, shareholders, com...
Northern Trust Corporation announces 2024 Stress Capital Buffer
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). Based on the 2024 CCAR results, Nort...
Canada Life Asset Management Appoints Northern Trust for Asset Servicing Solutions
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it has been selected by Canada Life Asset Management (CLAM), for asset servicing solutions including middle office outsourcing, g...
Northern Trust Asset Management Announces Naoto Komoro as Head of Japan Office
TOKYO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, today announces it has a...
Northern Trust Asset Management Names Head of Global ETFs and Funds
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today that D...
Northern Trust Strengthens Foundation & Institutional Advisors Practice in the Southeast
MIAMI--(BUSINESS WIRE)--Northern Trust announced today that John Coates has joined the Foundation & Institutional Advisors (FIA) practice as Senior Vice President, Senior Portfolio Advisor in Miami, w...
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Northern Trust Corporation to Webcast Second Quarter 2024 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its second quarter 2024 earnings conference call on Wednesday, July 17, 2024. The live webcast, earnings press...
New Zealand Superannuation Fund Selects Northern Trust to Provide Data Warehouse Solutions
MELBOURNE, Australia--(BUSINESS WIRE)-- #assetmanagement--Northern Trust has expanded its relationship with NZ Super Fund to provide data services via its Data Warehouse Solutions offering.
Northern Trust Asset Management Names Head of Strategic Accounts, Intermediary
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today that H...
Northern Trust Names Chandra Dhandapani to Board of Directors
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today the appointment of Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE Group, Inc., t...
Partners Group Selects Northern Trust to Provide Asset Servicing Solutions for its Private Equity ELTIF Evergreen Fund
LUXEMBOURG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it is providing Partners Group (SIX Swiss Exchange: PGHN) with fund accounting, transfer agency, depositary and corporate sec...
Northern Trust Leaders to Participate in Morgan Stanley 2024 U.S. Financials, Payments & CRE Conference on June 11th
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chief Financial Officer Jason Tyler and Wealth Management President Steven L. Fradkin will participate in the Morgan Stanley 2...
Equip Super Completes Transition to Northern Trust for Asset Servicing Solutions
MELBOURNE, Australia--(BUSINESS WIRE)-- #assetmanagement--Northern Trust will provide asset servicing solutions to Equip Super, a leader in the Australian Superannuation industry.
Northern Trust Names Ryan McCauley Senior Managing Director of the Foundation & Institutional Advisors Practice in the West
HOUSTON--(BUSINESS WIRE)--Northern Trust announced today that Ryan McCauley was promoted to Senior Managing Director for the Foundation & Institutional Advisors (FIA) practice in the West Region. In t...
Northern Trust Appointed as Custodian for Firefighters' Retirement System of Louisiana
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Firefighters' Retirement System of Louisiana appointed Northern Trust to provide asset servicing and data analytics capabilities for the fund.
Nest appoints Northern Trust as Fund Administrator and Custodian
LONDON--(BUSINESS WIRE)--Northern Trust has been appointed by Nest as the new fund administrator, helping the pension scheme coordinate its investments across its diversified portfolio. Through the ne...
New Silk Road Investment Appoints Northern Trust to Provide Outsourced Trading Solutions
SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for New Silk Road Investmen...
Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The Cornerstone mandate highlights the growth momentum of Northern Trust's Investment Data Science (IDS) product suite, of which EDS is a key partner.
Northern Trust Named Best Private Bank in U.S. for Digital Wealth Planning, Best Digital Innovator of the Year in U.S.
CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from the Financial Times and PWM's Wealth Tech Awards: Best Private B...
Northern Trust Universe Data: Solid Gains for Institutional Plans in Q1 as Global Equity Markets Surge
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter.
Northern Trust Pension Universe Data: Canadian Pension Plan Returns Concluded the First Quarter With an Upbeat Tone Buoyed by Rising Stock Markets
TORONTO--(BUSINESS WIRE)-- #assetmanagement--Pension plans in the Northern Trust Canada Universe generated a median return of 2.5% in the first quarter of 2024.
Northern Trust Survey: Asset Managers Pursue ‘Right Product, Right Fit' Strategy to Drive Distribution
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--A survey of 300 global asset management firms sponsored by Northern Trust shows a focus on data quality and accuracy to support strategic priorities.
Northern Trust Upgrades Cloud-Based Insurance Accounting and Analytics Application
CHICAGO--(BUSINESS WIRE)-- #accounting--Northern Trust is enhancing investment accounting and regulatory reporting needs for U.S. insurance companies and corporate and endowment plans.