Northern Trust Corporation (NTRS)
| Market Cap | 17.56B |
| Revenue (ttm) | 6.67B |
| Net Income (ttm) | 945.60M |
| Shares Out | 204.59M |
| EPS (ttm) | 4.53 |
| PE Ratio | 18.90 |
| Forward PE | 12.72 |
| Dividend | $3.00 (3.50%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 791,506 |
| Open | 86.27 |
| Previous Close | 86.45 |
| Day's Range | 85.59 - 86.77 |
| 52-Week Range | 62.44 - 89.25 |
| Beta | 1.14 |
| Analysts | Hold |
| Price Target | 87.31 (+1.96%) |
| 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 13 analysts, the average rating for NTRS stock is "Hold." The 12-month stock price forecast is $87.31, which is an increase of 1.96% from the latest price.
News
Northern Trust Appointed as Custodian for Firefighters' Retirement System of Louisiana
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--Firefighters' Retirement System of Louisiana appointed Northern Trust to provide asset servicing and data analytics capabilities for the fund.
Nest appoints Northern Trust as Fund Administrator and Custodian
LONDON--(BUSINESS WIRE)--Northern Trust has been appointed by Nest as the new fund administrator, helping the pension scheme coordinate its investments across its diversified portfolio. Through the ne...
New Silk Road Investment Appoints Northern Trust to Provide Outsourced Trading Solutions
SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for New Silk Road Investmen...
Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The Cornerstone mandate highlights the growth momentum of Northern Trust's Investment Data Science (IDS) product suite, of which EDS is a key partner.
Northern Trust Named Best Private Bank in U.S. for Digital Wealth Planning, Best Digital Innovator of the Year in U.S.
CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from the Financial Times and PWM's Wealth Tech Awards: Best Private B...
Northern Trust Universe Data: Solid Gains for Institutional Plans in Q1 as Global Equity Markets Surge
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was 3.7% for the quarter.
Northern Trust Pension Universe Data: Canadian Pension Plan Returns Concluded the First Quarter With an Upbeat Tone Buoyed by Rising Stock Markets
TORONTO--(BUSINESS WIRE)-- #assetmanagement--Pension plans in the Northern Trust Canada Universe generated a median return of 2.5% in the first quarter of 2024.
Northern Trust Survey: Asset Managers Pursue ‘Right Product, Right Fit' Strategy to Drive Distribution
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--A survey of 300 global asset management firms sponsored by Northern Trust shows a focus on data quality and accuracy to support strategic priorities.
Northern Trust Upgrades Cloud-Based Insurance Accounting and Analytics Application
CHICAGO--(BUSINESS WIRE)-- #accounting--Northern Trust is enhancing investment accounting and regulatory reporting needs for U.S. insurance companies and corporate and endowment plans.
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...