Northern Trust Corporation (NTRS)
| Market Cap | 17.04B |
| Revenue (ttm) | 6.75B |
| Net Income (ttm) | 1.07B |
| Shares Out | 204.02M |
| EPS (ttm) | 5.08 |
| PE Ratio | 16.44 |
| Forward PE | 12.53 |
| Dividend | $3.00 (3.59%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 1,745,303 |
| Open | 82.06 |
| Previous Close | 81.45 |
| Day's Range | 81.65 - 84.20 |
| 52-Week Range | 62.44 - 89.25 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | 86.79 (+3.89%) |
| Earnings Date | Apr 16, 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 15 analysts, the average rating for NTRS stock is "Hold." The 12-month stock price forecast is $86.79, which is an increase of 3.89% from the latest price.
News
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 Stock Slumps on Q1 Profit Miss
Northern Trust (NTRS) shares slumped Tuesday after the asset and wealth management firm significantly missed profit estimates as it took a loss on debt and paid a special assessment related to the fai...
Northern Trust profit falls on hit from debt investment sale
Asset and wealth manager Northern Trust posted a 38% fall in first-quarter profit on Tuesday as a loss on the sale of some debt investments offset gains from higher fee income for servicing and managi...
Northern Trust Corporation Reports First Quarter 2024 Financial Results
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its first quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as...
Northern Trust Strengthens Atlanta Wealth Management Team
ATLANTA--(BUSINESS WIRE)--Northern Trust has appointed Jordan Kiel as president of the Georgia market responsible for leading an Atlanta-based team in the delivery of holistic advice, superior client ...
FlexShares Announces Liquidation of an Exchange Traded Fund
CHICAGO--(BUSINESS WIRE)--Northern Trust's FlexShares Exchange Traded Funds announced the liquidation and termination of the FlexShares ESG & Climate Emerging Markets Core Index Fund (Ticker: FEEM) (t...
Northern Trust Asset Management Names CIO of Global Fixed Income
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.18 trillion in assets under management as of December 31, 2023, announced today th...
Northern Trust Names Gary Paulin Head of International Enterprise Client Solutions
LONDON--(BUSINESS WIRE)--Northern Trust (NASDAQ: NTRS) today announced it has appointed Gary Paulin to the newly created role of Head of International Enterprise Client Solutions. Paulin will focus on...
Northern Trust Releases 2023 Philanthropic Impact Report
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) donated more than $170 million over the past decade to non-profit organizations, including nearly $16 million in 2023 to organizations working t...
Border To Coast Pensions Partnership Limited Reappoints Northern Trust as its Asset Servicing Provider
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it has been re-appointed by Border To Coast Pensions Partnership Limited (Border To Coast) to provide a range of asset servicing ...
Northern Trust Appointed by Sanlam Asset Management (Ireland) Limited
DUBLIN & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announces today that it is providing Sanlam Asset Management (Ireland) Limited (SAMI) with fund administration, transfer agency, custody...
Northern Trust Corporation to Webcast First Quarter 2024 Earnings Conference Call and Annual Meeting of Stockholders
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its first quarter earnings conference call live on Tuesday, April 16, 2024. The call will be conducted at 8:00...
Northern Trust Pension Universe Data: Canadian Pension Plans Posted Strong Returns for 2023 as Markets Surged in Fourth Quarter
TORONTO--(BUSINESS WIRE)-- #assetmanagement--Plans in the Northern Trust Canada Universe generated median returns of 8.4% in Q4 and 10.0% for the full year in 2023.
True Potential Appoints Northern Trust for Asset Servicing Solutions
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it has been appointed to provide asset servicing solutions to True Potential, a United Kingdom (UK)-headquartered wealth manageme...
Northern Trust Corporation Reports Fourth Quarter 2023 Financial Results
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its fourth quarter 2023 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well a...
Northern Trust Appointed to Provide Integrated Trading Solutions to Waverton Investment Management
LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an i...
Northern Trust Corporation to Webcast Fourth Quarter 2023 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 2024. The webcast, the earnings...
Northern Trust's Annual Monthlong Service Effort Sets New Records
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) employees set a new record for volunteer work during Northern Trust's Achieving Greater Together month of service, an annual event that encourag...
Northern Trust posts smaller drop in Q3 profit on robust fee-based income
Asset and wealth manager Northern Trust on Wednesday posted a smaller-than-expected drop in third-quarter profit as a rise in fee-based income cushioned the hit from a drop in its interest income.
Northern Trust Corporation Reports Third Quarter 2023 Financial Results
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its third quarter 2023 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as...
Northern Trust Appointed Global Custodian by Abu Dhabi Pension Fund
ABU DHABI, United Arab Emirates & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provi...
Northern Trust Poised to Support MiFID II Managers Responding to Upcoming Regulatory Changes
LONDON--(BUSINESS WIRE)--Following the expiration of the U.S. Securities and Exchange Commission's (SEC) No Action Letter relating to research payments on July 3, 2023, Northern Trust (Nasdaq: NTRS) i...
Northern Trust Corporation to Webcast Third Quarter 2023 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its third quarter 2023 earnings conference call live on Wednesday, October 18, 2023. The webcast, the earnings...
Regional bank stocks Zions, Northern Trust react to Barclays conference data
Following insights shared at the Barclays Global Financial Services Conference, Zions Bancorp. (ZION) experienced its most promising day since July, with a notable increase in net interest income.
Northern Trust shares slide after forecasting bigger drop in net interest income
Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month on Tuesday after the custodian and asset manager forecast a bigger-than-expected drop in net interest income ...