Northern Trust Corporation (NTRS)

NASDAQ: NTRS · IEX Real-Time Price · USD
97.74
-0.43 (-0.44%)
Feb 6, 2023, 2:59 PM EST - Market open
-0.44%
Market Cap 20.38B
Revenue (ttm) 6.91B
Net Income (ttm) 1.54B
Shares Out 208.43M
EPS (ttm) 7.35
PE Ratio 13.25
Forward PE 11.74
Dividend $2.90 (2.97%)
Ex-Dividend Date Dec 8, 2022
Volume 430,415
Open 96.98
Previous Close 98.17
Day's Range 96.85 - 97.80
52-Week Range 76.15 - 127.90
Beta 1.08
Analysts Buy
Price Target 102.14 (+4.5%)
Earnings Date Jan 19, 2023

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, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS 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 lendin... [Read more]

Sector Financials
Founded 1889
Employees 23,100
Stock Exchange NASDAQ
Ticker Symbol NTRS
Full Company Profile

Financial Performance

In 2021, Northern Trust's revenue was $6.55 billion, an increase of 9.54% compared to the previous year's $5.98 billion. Earnings were $1.50 billion, an increase of 30.39%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for NTRS stock is "Buy." The 12-month stock price forecast is $102.14, which is an increase of 4.50% from the latest price.

Price Target
$102.14
(4.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northern Trust Asset Management Launches Natural Capital Paris-Aligned Strategy

LONDON--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), one of the world's leading investment managers, continues to expand its sustainable index investment solutions with the launch of the...

4 days ago - Business Wire

Northern Trust Raises Prime Rate

CHICAGO--(BUSINESS WIRE)--Northern Trust has increased its prime rate from 7.50% to 7.75%, effective Thursday, February 2, 2023.

4 days ago - Business Wire

Northern Trust Universe Data: Institutional Plans Post Solid Gains in Q4 to End Volatile 2022

CHICAGO--(BUSINESS WIRE)--After a volatile year, global markets ended the fourth quarter of 2022 with gains in both global equity and bond markets, driven by investor optimism that inflation was pla...

1 week ago - Business Wire

Northern Trust Pension Universe Data: Canadian Pension Plans Returned Positive Results for Q4 2022 as Global Equities Gained Momentum

TORONTO--(BUSINESS WIRE)--Canadian Pension plan investment returns advanced during the quarter, however the volatility plaguing markets in prior quarters resulted in a double-digit decline in return...

1 week ago - Business Wire

Northern Trust Asset Management Names Client Portfolio Manager for Muni Team

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.0 trillion in assets under management as of December 31, 2022, announced today t...

1 week ago - Business Wire

Northern Trust (NTRS) Down on Q4 Earnings & Revenue Miss

Dismal fee income performance and higher provisions and non-interest expenses hurt Northern Trust's (NTRS) Q4 earnings.

2 weeks ago - Zacks Investment Research

Northern Trust Corporation (NTRS) Misses Q4 Earnings and Revenue Estimates

Northern Trust Corporation (NTRS) delivered earnings and revenue surprises of -8.84% and 13.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the...

2 weeks ago - Zacks Investment Research

Northern Trust Corporation Reports Fourth Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its fourth quarter 2022 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well...

2 weeks ago - Business Wire

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....

2 weeks ago - Business Wire

Analysts Estimate Northern Trust Corporation (NTRS) to Report a Decline in Earnings: What to Look Out for

Northern Trust Corporation (NTRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Northern Trust 2023 Outlook: Markets and Economy Pivot from Inflation and Monetary Policy Fears to a Weak Global Economy

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust, a leading global asset manager with US$1.2 trillion in assets under management, expects 2023 to be a turbulent year as conditions pivot from inflat...

1 month ago - Business Wire

Northern Trust Releases Second Annual Business Owner Benchmark

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today the results of its second annual Business Owner Benchmark, a survey of more than 150 business owners conducted by The Northern...

1 month ago - Business Wire

Northern Trust Makes Key Fund Accounting and Fund Administration Hires in North America Global Fund Services

CHICAGO--(BUSINESS WIRE)--Northern Trust today announced the appointments of Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration....

1 month ago - Business Wire

Northern Trust Corporation to Webcast Fourth Quarter 2022 Earnings Conference Call

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its fourth quarter 2022 earnings conference call live on Thursday, January 19, 2023. The webcast, the earnin...

1 month ago - Business Wire

Northern Trust Asset Management Partners With Solactive to Launch Two Global Bond ESG Climate Index Funds

LONDON & FRANKFURT AM MAIN--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), one of the world's leading investment managers, continues to expand its sustainable investment solutions with the...

1 month ago - Business Wire

Northern Trust Hosts Charity Trading Day to Support Habitat for Humanity International

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the company...

1 month ago - Business Wire

Northern Trust Asset Management's Risk Report Highlights Drivers of Unexpected Portfolio Results

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment manager with nearly $1 trillion in assets under management, released today its 2022 edition of ...

2 months ago - Business Wire

Northern Trust Appoints Monica Safapour Market President in Santa Barbara

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Northern Trust has appointed Monica Safapour Market President in the Santa Barbara office, where she will lead the team in the delivery of outstanding client ...

2 months ago - Business Wire

Northern Trust Asset Management Selects Sixteen Firms for Minority Broker Program

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), consistent with its long-standing commitment to ensuring diversity and inclusion within the investment industry, has selected 16 min...

2 months ago - Business Wire

Equity Data Science Integrates FinX Capital Markets Investment Data to Enhance Multi-Asset Class Analytics Capabilities

NEW YORK--(BUSINESS WIRE)--Equity Data Science, Inc. (“EDS”), an investment process management (IPM) software provider that delivers insights and productivity tools to hedge funds and asset managers...

2 months ago - Business Wire

Northern Trust and Saphyre Enhance Onboarding for Investment Operations Outsourcing Clients

NEW YORK--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) and Saphyre have deployed into production automation of the account opening process for investment manager clients of Northern Trust's Invest...

2 months ago - Business Wire

Ariel's Charles Bobrinskoy says value is crushing growth stocks right now

Charles Bobrinskoy, vice chairman and head of the investment group at Ariel Investments, joins 'The Exchange' to discuss what value stocks to invest in during the current market environment.

Other symbols: APAMOSMSGE
2 months ago - CNBC Television

Northern Trust Leaders to Participate in Goldman Sachs 2022 US Financial Services Conference on December 6th

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O'Grady and Chief Financial Officer Jason Tyler will participate in the Goldman...

2 months ago - Business Wire

Northern Trust and EDS Enhance Data Solutions for ESG Investments

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) and Equity Data Science, Inc. today announced the launch of an ESG workflow solution that will allow investors to more quickly access...

3 months ago - Business Wire

Northern Trust Names New Asia Pacific Head of Digital Assets Innovation

SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has hired Alvin Chia as its head of Digital Assets Innovation for Asia Pacific.

3 months ago - Business Wire