Northern Trust Corporation (NTRS)
| Market Cap | 16.62B |
| Revenue (ttm) | 6.73B |
| Net Income (ttm) | 1.11B |
| Shares Out | 207.04M |
| EPS (ttm) | 5.27 |
| PE Ratio | 15.23 |
| Forward PE | 14.49 |
| Dividend | $3.00 (3.74%) |
| Ex-Dividend Date | Dec 7, 2023 |
| Volume | 1,368,499 |
| Open | 79.05 |
| Previous Close | 79.25 |
| Day's Range | 78.69 - 80.72 |
| 52-Week Range | 62.44 - 100.25 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 81.59 (+1.63%) |
| Earnings Date | Jan 18, 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 2022, Northern Trust's revenue was $6.75 billion, an increase of 3.10% compared to the previous year's $6.55 billion. Earnings were $1.29 billion, a decrease of -13.92%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NTRS stock is "Hold." The 12-month stock price forecast is $81.59, which is an increase of 1.63% from the latest price.
News
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 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 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 ...
Habitat for Humanity of Jacksonville Receives $2.6 Million Investment by Northern Trust
JACKSONVILLE, Fla. , Sept. 6, 2023 /PRNewswire/ -- Habitat for Humanity of Jacksonville (HabiJax), one of the largest providers of affordable homes in Northeast Florida, recently received a $2.6 milli...
Northern Trust Appoints Head of Asset Servicing, Hong Kong
HONG KONG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has appointed Aisling Keane as head of Asset Servicing, Hong Kong, effective 4 September 2023. In the newly created role, Keane will lead Nort...
U.S. banks and regional lenders slide across the board as S&P is latest to downgrade ratings
U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a f...
Are Major U.S. Banks At Risk Of Credit-Ratings Downgrades?
Shares of the biggest banks in the U.S., including JPMorgan Chase & Co. NYSE: JPM, Bank of America NYSE: BAC, Citigroup Inc. NYSE: C, Wells Fargo & Co. NYSE: WFC and Morgan Stanley NYSE: MS traded low...
Northern Trust Universe Data: Global Equity Markets Drive Positive Results in Second Quarter as Inflation Cools
CHICAGO--(BUSINESS WIRE)--Global equity markets posted positive gains during the second quarter of 2023 due to cooling inflation, the GDP on track to grow 2% in the current year and renewed optimism i...
Moody's downgrades string of smaller mid-sized banks
Moody's analysts issued downgrades on a string of small and mid-sized banks. Should investors be worried about a theme developing in the greater banking landscape?
Fed policy is weighing on US banks. Here's everything to know about the Moody's downgrades.
Moody's slashed the credit ratings on 10 US banks on Monday. It also put major lenders like Bank of New York Mellon and US Bancorp under review for potential downgrades.
Quotes - U.S. bank stocks slide after Moody's ratings downgrade
U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...
Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered de...
Moody's says US banks are still strong despite downgrades
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.
Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.
Factbox: Major US banks downgraded by Moody's on worsening outlook
Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.
Moody's places credit ratings of 6 major U.S. banks on review for downgrade
Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings ...