Northern Trust Corporation (NTRS)
| Market Cap | 21.38B |
| Revenue (ttm) | 7.86B |
| Net Income (ttm) | 1.63B |
| Shares Out | 198.22M |
| EPS (ttm) | 8.00 |
| PE Ratio | 13.48 |
| Forward PE | 14.15 |
| Dividend | $3.00 (2.78%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 722,399 |
| Open | 108.61 |
| Previous Close | 107.84 |
| Day's Range | 106.93 - 108.61 |
| 52-Week Range | 75.43 - 109.54 |
| Beta | 1.07 |
| Analysts | Hold |
| Price Target | 100.54 (-6.8%) |
| Earnings Date | Oct 23, 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 $1.05 billion, a decrease of -17.82%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for NTRS stock is "Hold." The 12-month stock price forecast is $100.54, which is a decrease of -6.80% from the latest price.
News
Northern Trust Launches Enhanced Collateral Management Solution Delivered in Collaboration with CloudMargin
LONDON--(BUSINESS WIRE)-- #assetmanagement--In collaboration with CloudMargin, the new service capabilities will enhance platform resiliency and increase transparency on a real time basis.
Northern Trust to Participate in Goldman Sachs 2024 US Financial Services Conference
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O'Grady and Chief Financial Officer David Fox will participate in the Goldman Sac...
Northern Trust Selected to Provide Custody Services to Fiji National Provident Fund
SINGAPORE--(BUSINESS WIRE)-- #assetmanagement--As the only compulsory superannuation fund in Fiji, FNPF is responsible for managing the retirement savings of Fijians in the workforce.
Northern Trust Asset Management Names New Head of Tactical Asset Allocation
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of September 30, 2024, announced Peter Wi...
Northern Trust Asset Management Hires Director of Quantitative Solutions, Asia Pacific
MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm, has named Jan Rohof as Director of Quantitative Solutions, Asia Pacific (APA...
Northern Trust Named Best Private Bank in U.S.
CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, has taken top honors in three categories from Professional Wealth Management and The Banker magazines, publi...
Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.00% to 7.75%, effective Friday, November 8, 2024. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leadi...
Northern Trust Universe Data: Strong Q3 for U.S. Institutional Investors as Global Markets Continue 2024 Gains
CHICAGO--(BUSINESS WIRE)-- #assetallocation--With a median return of 4.7% for the largest plans in the Northern Trust Universe, Q3 was in the top quartile of performance over the past decade.
Northern Trust Wraps Up Record-Setting Month of Service
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) employees volunteered across the globe last month, an effort that saw a record 61,000 hours spent by Northern Trust staff to assist more than 1,...
Northern Trust: An Undervalued Asset Manager With Growth Indicators, Strong Capital
Northern Trust stock gets upgraded to a buy from my prior hold rating, as it presents an undervalued investment opportunity. NTRS shows several indicators pointing to top-line growth along with strong...
Northern Trust Asset Management Strengthens Wealth Client Group Team
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of September 30, 2024, announced today th...
Cadent Gas Pension Trustee Limited Appoints Northern Trust as Custodian for its £4.6 Billion Pension Scheme
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today it has been appointed by Cadent Gas Pension Trustee Limited as custodian for its public and private assets as well as for perform...
Northern Trust Pension Universe Data: Canadian Pension Plan Returns Boosted by Robust Financial Markets During the Third Quarter
TORONTO--(BUSINESS WIRE)-- #assetmanagement--The median pension in the Northern Trust Canada Universe returned 4.8% for the quarter and 8.4% year-to-date as of September 30.
Northern Trust: Solid Company But Slow Growth
Northern Trust is a solid company which serves large institutional clients well. It pays a consistent, steadily rising 3% dividend yield. Competition is a serious threat because everything Northern Tr...
Top 3 Financials Stocks That May Implode This Quarter
As of Oct. 24, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Northern Trust Corporation (NTRS) Q3 2024 Earnings Call Transcript
Northern Trust Corporation (NASDAQ:NTRS) Q3 2024 Earnings Conference Call October 23, 2024 9:30 AM ET Company Participants Jennifer Childe - Director of IR Michael O'Grady - Chairman & CEO Jason Tyle...
Northern Trust quarterly profit jumps on higher fee from asset management
Northern Trust reported a 42% rise in third-quarter profit on Wednesday, on a higher fee income from servicing and managing client assets, sending the asset and wealth manager's shares up 4.4% in trad...
Northern Trust Corporation Reports Third Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its third quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as...
Northern Trust Declares Quarterly Dividends on Common and Preferred Stock
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66...
Northern Trust and Hamilton Lane Announce Strategic Collaboration to Provide Advanced Private Market Analytics and Decision Support
CHICAGO & CONSHOHOCKEN, Pa.--(BUSINESS WIRE)-- #alternativeassets--The agreement offers access to Hamilton Lane's private market data, analytics and tools for Northern Trust Asset Servicing clients.
Northern Trust Hosts Charity Trading Day to Benefit Four Charities
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) held its third Charity Trading Day with employees across the world participating to benefit four charities aligned with Northern Trust's philant...
Northern Trust Names Srilatha Lakkaraju Director of Charitable Giving Solutions
CHICAGO--(BUSINESS WIRE)--Northern Trust announced today that Srilatha Lakkaraju has joined the Foundation & Institutional Advisors (FIA) practice as the Director of Charitable Giving Solutions. In th...
Northern Trust Asset Management Strengthens Private Wealth Sales and Distribution
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced two strategic...
Northern Trust Corporation to Webcast Third Quarter 2024 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its third quarter 2024 earnings conference call live on Wednesday, October 23, 2024. The webcast, the earnings...
Northern Trust Announces Wealth Management Leadership Changes
CHICAGO--(BUSINESS WIRE)--Northern Trust Wealth Management announced two leadership changes today: Dino De Vita has been named President of Global Family & Private Investment Offices (GFO), and Marc C...