Northern Trust Corporation (NTRS)
| Market Cap | 20.31B |
| Revenue (ttm) | 7.86B |
| Net Income (ttm) | 1.63B |
| Shares Out | 198.22M |
| EPS (ttm) | 8.00 |
| PE Ratio | 12.81 |
| Forward PE | 13.21 |
| Dividend | $3.00 (2.93%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 2,502,740 |
| Open | 99.91 |
| Previous Close | 100.51 |
| Day's Range | 99.36 - 102.73 |
| 52-Week Range | 76.67 - 111.87 |
| Beta | 1.08 |
| Analysts | Hold |
| Price Target | 104.54 (+2.01%) |
| Earnings Date | Jan 23, 2025 |
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 $104.54, which is an increase of 2.01% from the latest price.
News
Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 7.75% to 7.50%, effective Thursday, December 19, 2024. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a le...
Northern Trust Names New Head of Agricultural Properties
PASADENA, Calif.--(BUSINESS WIRE)--Northern Trust announced today that John Onderdonk has been appointed National Practice Leader of Agricultural Properties. In this role, Onderdonk will oversee a mul...
Northern Trust and NUS Forge Partnership to Advance Green Finance Innovation
SINGAPORE--(BUSINESS WIRE)-- #assetmanagement--The partnership includes a tokenization initiative for green bonds, leveraging Northern Trust's Matrix Zenith digital asset platform.
Northern Trust Appointed by First Sentier Investors as Third-Party Administrator
LONDON & MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has expanded its relationship with First Sentier Investors, a leading Australia-based asset manage...
Northern Trust Releases Third Business Owner Benchmark
CHICAGO--(BUSINESS WIRE)--Business owners are forging ahead with big plans in 2025, according to The Northern Trust Institute's third Business Owner Benchmark. The report, based on a survey of Norther...
Avanza Fonder Appoints Northern Trust to Provide Integrated Trading Solutions
STOCKHOLM--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Avanza Fonder, a Stockholm-based fund company pro...
Northern Trust Names Jesse Crane Pacific Northwest Regional Director for Foundation & Institutional Advisors
SEATTLE--(BUSINESS WIRE)--Northern Trust announced today that Jesse Crane has joined the Foundation & Institutional Advisors (FIA) practice as Regional Director for the Pacific Northwest. Based in Sea...
Northern Trust Names Jordon Voss Pacific Northwest Region President
SEATTLE--(BUSINESS WIRE)--Northern Trust has appointed Jordon Voss as President of the Pacific Northwest Region. Voss will lead Northern Trust's Seattle-based team in the delivery of holistic advice a...
Northern Trust Asset Management 2025 Global Investment Outlook: Expect U.S. Stocks to Outperform; High Yield Bond Market Is Attractive
CHICAGO & LONDON--(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, expects s...
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 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...