Northern Trust Corporation (NTRS)

NASDAQ: NTRS · IEX Real-Time Price · USD
110.74
1.00 (0.91%)
May 27, 2022 12:16 PM EDT - Market open
Market Cap23.08B
Revenue (ttm)6.65B
Net Income (ttm)1.52B
Shares Out208.38M
EPS (ttm)7.21
PE Ratio15.36
Forward PE13.02
Dividend$2.80 (2.53%)
Ex-Dividend DateJun 9, 2022
Volume128,540
Open110.02
Previous Close109.74
Day's Range109.26 - 111.18
52-Week Range100.05 - 135.15
Beta1.13
AnalystsBuy
Price Target136.54 (+23.3%)
Earnings DateApr 26, 2022

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...

IndustryCapital Markets
Founded1889
CEOMichael O'Grady
Employees21,700
Stock ExchangeNASDAQ
Ticker SymbolNTRS
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 $1.55 billion, an increase of 27.78%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for NTRS stock is "Buy." The 12-month stock price forecast is 136.54, which is an increase of 23.30% from the latest price.

Price Target
$136.54
(23.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Northern Trust Corporation (NTRS) Down 0.2% Since Last Earnings Report?

Northern Trust Corporation (NTRS) reported earnings 30 days ago. What's next for the stock?

21 hours ago - Zacks Investment Research

Northern Trust Donates $20,000 to Opportunity Village

LAS VEGAS--(BUSINESS WIRE)--Northern Trust presented Opportunity Village with a $20,000 donation earlier this month at the Northern Trust Golf Event.

1 day ago - Business Wire

Northern Trust Asset Management Seeks Minority-Owned Broker-Dealers as Part of Long-Standing Diversity Commitment

CHICAGO--(BUSINESS WIRE)--As part of its long-standing commitment to ensuring diversity, equity and inclusion within the investment industry, Northern Trust Asset Management (NTAM) seeks requests for in...

2 days ago - Business Wire

Northern Trust Announces Investor Relations Transition

CHICAGO--(BUSINESS WIRE)--Northern Trust today announced that Jennifer Childe has joined Northern Trust as Director of Investor Relations. She succeeds Mark Bette, who will serve as Chief Financial Offi...

3 days ago - Business Wire

Northern Trust Appoints Stacey Hallberg as Senior Managing Director of Delray Beach and Boca Raton Offices

BOCA RATON, Fla.--(BUSINESS WIRE)--Northern Trust has appointed Stacey Hallberg as Senior Managing Director of the Boca Raton and Delray Beach offices.

1 week ago - Business Wire

Northern Trust Enhances Onboarding Journey for Investors in Private Capital Funds

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) is looking to enhance the onboarding process for investors in private capital funds through a collaboration with Fenergo, a leading software provid...

2 weeks ago - Business Wire

Northern Trust Engages Diverse Businesses to Underwrite $1 Billion of Senior Debt

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation (Nasdaq: NTRS) announced today that it has closed its public offering of $1 billion of senior debt, which commenced on May 5, 2022. As part of its lo...

2 weeks ago - Business Wire

Northern Trust Announces Alliance with Enfusion as Part of Whole Office Strategy

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has established a relationship...

Other symbols:ENFN
2 weeks ago - Business Wire

Northern Trust Appoints Kholoud Al Dosari as Country Head, Saudi Arabia

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has appointed Kholoud Al Dosari as country head for Northern Trust in The Kingdom of Saudi Arabia. Based in Riyadh, Al Dosari oversee...

2 weeks ago - Business Wire

Northern Trust Raises Prime Rate

CHICAGO--(BUSINESS WIRE)--The Northern Trust Company has increased its prime rate from 3.50% to 4.00%, effective Thursday, May 5, 2022. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is ...

3 weeks ago - Business Wire

Northern Trust Announces Asset Management Leadership Change

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Shundrawn Thomas, President of Northern Trust Asset Management, will be leaving the company on June 1, 2022, in order to purs...

3 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 $0.70 per share on its common stock ($1.66-2...

1 month ago - Business Wire

Northern Trust (NTRS) Q1 Earnings Beat Mark, Revenues Rise

Higher revenues, resulting from a rise in fee income and NII, support Northern Trust's (NTRS) Q1 results against a rising expense base and weak capital ratios.

1 month ago - Zacks Investment Research

Northern Trust Corporation (NTRS) Q1 Earnings and Revenues Surpass Estimates

Northern Trust Corporation (NTRS) delivered earnings and revenue surprises of 6.63% and 1.77%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Northern Trust Corporation Reports First Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its first quarter 2022 financial results. Results can be found on Northern Trust's website at: https://www.northerntrust.com/about-us/in...

1 month ago - Business Wire

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Retreat Amidst Market Uncertainty During the Firs...

TORONTO--(BUSINESS WIRE)--Canadian Pension Plans experienced a pullback in investment returns during the first quarter of 2022 as markets entered a heightened period of uncertainty, according to the Nor...

1 month ago - Business Wire

Should You Buy Northern Trust (NTRS) Ahead of Earnings?

Northern Trust (NTRS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Northern Trust Appoints Senior Managing Director to New York Wealth Management Team

NEW YORK--(BUSINESS WIRE)--Northern Trust has appointed Anne Fitzpatrick Donahue as Senior Managing Director in the New York and Connecticut office.

1 month ago - Business Wire

Northern Trust Donates $50,000 to Everglades Foundation; Part of Decades-Long Investment in Florida

MIAMI--(BUSINESS WIRE)--In honor of Northern Trust's 50 years in Florida, it has donated $50,000 to the Everglades Foundation to support the state's environmental treasure.

1 month ago - Business Wire

3 Bank Stocks Set to Pull Off a Beat This Earnings Season

Solid loan demand leading to improvement in NII is likely to have aided the Q1 performances of Northern Trust (NTRS), SouthState Corporation (SSB) and Prosperity Bancshares (PB).

Other symbols:PBSSB
1 month ago - Zacks Investment Research

Is an Earnings Beat in Store for Northern Trust (NTRS) in Q1?

Despite increased expenses, higher revenues, driven by a rise in fee income, and NII are likely to support Northern Trust's (NTRS) Q1 earnings.

1 month ago - Zacks Investment Research

Northern Trust Corporation (NTRS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Northern Trust Corporation (NTRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Northern Trust Releases 2021 Philanthropic Impact Report

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has made $160 million in charitable contributions in the last decade, including $18 million in 2021 benefiting nearly 1,000 organizations globally...

1 month ago - Business Wire

Northern Trust Asset Management Names Co-Head of Fixed Income

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM) announced that Thomas Swaney has joined the firm today as Executive Vice President and Co-Head of Fixed Income for the global financial i...

1 month ago - Business Wire

Northern Trust Corporation to Webcast First Quarter 2022 Earnings Conference Call

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its first quarter 2022 earnings conference call live on Tuesday, April 26, 2022. The webcast, the earnings press...

1 month ago - Business Wire