Northern Trust

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the following segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services and private and business banking. The company was founded in 1971 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Northern Trust reports Q4 growth amidst fee challenges and opportunities

Northern Trust's Q4 2022 showed mixed results with revenue growth but challenges in fee income.
The company is focusing on driving efficiencies and productivity to counter expense growth.
Opportunities lie in NII growth, technology investments, and potential buybacks.
Wealth management faces outflows and fee reductions but sees positive client flows.

Northern Trust reports solid Q1 earnings amidst market challenges

Northern Trust showcased strong financial performance in Q1 2023, with a focus on client needs and maintaining liquidity.
The company faces challenges in managing expenses and investment management fees but sees opportunities in client engagement and pricing strategies.
Anticipated decrease in net interest income in the second quarter highlights the need for flexibility in navigating market conditions.
Overall, Northern Trust's emphasis on stability, growth, and expense management positions it well for future opportunities.

Northern Trust reports solid Q2 results amidst market challenges

Northern Trust's Q2 performance reflects growth in key segments, disciplined expense management, and a focus on enhancing client engagement.
While facing challenges from external factors, the company is strategically positioned to drive financial ratios through organic growth and cost control.
Opportunities lie in optimizing funding strategies, managing balance sheet volatility, and navigating potential risks for sustained performance.

Northern Trust reports solid Q3 performance amidst evolving market challenges

Northern Trust's Q3 2023 earnings call highlighted solid performance in trust fees and expenses, growth in key business segments, and a focus on productivity and cost-saving measures. The company addressed challenges related to NII decline, budgeting in a changing environment, and competition.
Opportunities lie in reinvestment strategies, adapting to market dynamics, and optimizing the balance sheet for future growth. Northern Trust remains proactive in managing expenses, defending deposits, and navigating the evolving financial landscape.

Northern Trust reports solid Q4 performance and eyes organic growth

Northern Trust's Q4 performance showcased strong revenue, expense control, and positive inflows in key segments, underpinned by efficient operating practices and strategic investments.
While challenges like deposit pricing pressure and expense growth persist, the company's focus on disciplined management and scalable growth positions it well for sustainable success.
With a robust capital position, a focus on shareholder returns, and a strategic outlook for 2024, Northern Trust is poised to capitalize on organic growth opportunities and navigate market uncertainties effectively.

Northern Trust reports strong Q1 earnings, eyes growth opportunities

Northern Trust's Q1 2024 performance reflects strong financial results driven by fee-based businesses, strategic wins in Asset Servicing, and growth in Wealth Management assets under management.
While challenges in managing expenses and predicting NII persist, the company's focus on efficiency, fee operating leverage, and disciplined expense management positions it well for future growth.
Opportunities lie in investing in organic growth, enhancing operational efficiency, and leveraging fee-based revenue streams to drive sustainable profitability and navigate market uncertainties.
Overall, Northern Trust's solid financial performance, strong capital position, and focus on operational efficiency underscore its resilience and potential for long-term value creation.

Northern Trust reports robust Q2 earnings, eyes growth opportunities

Northern Trust delivered a strong second quarter performance driven by a significant pretax gain, growth in trust fees, and positive asset management results, showcasing operational excellence and strategic focus.
While maintaining strong capital levels and regulatory ratios, the company faces challenges in managing expenses and navigating interest rate fluctuations, requiring a focus on cost efficiency and risk mitigation.
With opportunities to expand Wealth Management, enhance asset servicing capabilities, and explore new markets, Northern Trust can capitalize on its strengths to drive future growth and shareholder value.

Northern Trust reports robust Q3 performance and focuses on growth

Northern Trust's Q3 2024 performance showcased strong financial metrics and operational excellence across its business segments, underlining its competitive position in the market.
While facing challenges related to expense management amidst growth initiatives, the company's strategic focus on efficiency and client relationships presents opportunities for sustained growth and value creation.
With a solid capital return to shareholders and a clear vision for the future, Northern Trust remains well-equipped to navigate market dynamics and deliver long-term shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the Asset Servicing and Wealth Management segments. The Asset Servicing segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services and private and business banking. The company was founded in 1971 and is headquartered in Chicago, IL.

Northern Trust Corporation (NASDAQ:NTRS ) Q3 2024 Earnings Conference Call October 23, 2024 9:30 AM ET Company Participants Jennifer Childe - Director of IR Michael O'Grady - Chairman & CEO Jason Tyler - President Conference Call Participants Ebrahim Poonawala - Bank of America Alex Blostein - Goldman Sachs Betsy Graseck - Morgan Stanley Michael Mayo - Wells Fargo Brennan Hawken - UBS Gerard Cassidy - RBC Brian Bedell - Deutsche Bank James Mitchell - Seaport Global Vivek Juneja - JP Morgan Operator Good day, and welcome to the Northern Trust Corporation's Third Quarter 2024 Earnings Conference Call. As a reminder, today's conference is being recorded.

Northern Trust Corporation (NTRS) Q3 2024 Earnings Call Transcript

NTRS' Q3 earnings benefit from a rise in fee income, driven by the sale of an equity investment. Yet, high costs remain a concern.

Northern Trust Q3 Earnings Beat on Higher Fee Income, Costs Rise

The headline numbers for Northern Trust (NTRS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Northern Trust (NTRS) Reports Q3 Earnings: What Key Metrics Have to Say

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.49 per share a year ago.

Northern Trust Corporation (NTRS) Beats Q3 Earnings and Revenue Estimates

Northern Trust reported a 42% rise in third-quarter profit on Wednesday, on a higher fee income from servicing and managing client assets, sending the asset and wealth manager's shares up 4.4% in trading before the bell.

Northern Trust quarterly profit jumps on higher fee from asset management

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its third quarter 2024 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on October 23, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of Third Quarter Earnings Conference Call Northern Trust's third quarter earnings conference cal.

Northern Trust Corporation Reports Third Quarter 2024 Financial Results

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 ($1.66-2/3 par value), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 6, 2024. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depos.

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Hamilton Lane

CHICAGO & CONSHOHOCKEN, Pa.--(BUSINESS WIRE)-- #alternativeassets--The agreement offers access to Hamilton Lane's private market data, analytics and tools for Northern Trust Asset Servicing clients.

Northern Trust and Hamilton Lane Announce Strategic Collaboration to Provide Advanced Private Market Analytics and Decision Support

Evaluate the expected performance of Northern Trust (NTRS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

What Analyst Projections for Key Metrics Reveal About Northern Trust (NTRS) Q3 Earnings

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) held its third Charity Trading Day with employees across the world participating to benefit four charities aligned with Northern Trust's philanthropic strategy. As a result of Charity Trading Day, which occurred October 16, 2024, a total of US$1 million will be donated to Habitat for Humanity International, Rise Against Hunger, Ronald McDonald House Charities® and Urban Initiatives. October is Northern Trust's signature month of global vol.

Northern Trust Hosts Charity Trading Day to Benefit Four Charities

NTRS' Q3 2024 results are likely to benefit from an increase in NII. However, concerns persist regarding rising expenses and a weakening asset quality.

Northern Trust Gears Up to Report Q3 Earnings: What's in Store?

Northern Trust (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.

Northern Trust Corporation (NTRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

CHICAGO--(BUSINESS WIRE)--Northern Trust announced today that Srilatha Lakkaraju has joined the Foundation & Institutional Advisors (FIA) practice as the Director of Charitable Giving Solutions. In this role, Lakkaraju will oversee the national strategy and implementation of the Donor Advised Fund and Private Foundation Administration solutions. Prior to joining Northern Trust, Lakkaraju was a Senior Vice President, Philanthropic Client Manager at Bank of America for 14 years where she mana.

Northern Trust Names Srilatha Lakkaraju Director of Charitable Giving Solutions

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Northern Trust Corporation (NTRS) is a Top Momentum Stock for the Long-Term

Northern Trust (NTRS) possesses solid growth attributes, which could help it handily outperform the market.

Northern Trust (NTRS) is an Incredible Growth Stock: 3 Reasons Why

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Northern Trust Corporation (NTRS) is a Top Value Stock for the Long-Term

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced two strategic hires focused on serving Northern Trust Wealth Management. Michael Gottesman, CIMA, CPWA has joined as National Sales Manager, Wealth Management and Wesley Urick has joined as Head of Strategic Accounts, Wealth Management. Gottesman will lead sales and client service strategy delivering investment.

Northern Trust Asset Management Strengthens Private Wealth Sales and Distribution

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its third quarter 2024 earnings conference call live on Wednesday, October 23, 2024. The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 8:30 a.m. (CT), following the release that morning of Northern Trust's third quarter 2024 earnings press release. A replay of the webcast will be available for approximat.

Northern Trust Corporation to Webcast Third Quarter 2024 Earnings Conference Call

Northern Trust (NTRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Northern Trust (NTRS) is Poised to Beat Earnings Estimates Again

CHICAGO--(BUSINESS WIRE)--Northern Trust Wealth Management announced two leadership changes today: Dino De Vita has been named President of Global Family & Private Investment Offices (GFO), and Marc Cosentino has been named West Region President of Northern Trust Wealth Management. “Dino and Marc's stewardship and uncompromising focus on delivering first-class service will be key to the continued growth and success of our wealth management business,” said Northern Trust Wealth Management Pr.

Northern Trust Announces Wealth Management Leadership Changes

LONDON--(BUSINESS WIRE)--Institutional investors remain acutely focused on the changing data landscape, recognising the benefits of emerging technology while keeping an eye on ongoing concerns surrounding cyber risks and AI-driven threats. This is according to live poll survey results from Northern Trust's recent technology symposium, ‘Tech Horizons: Exploring the Future of Innovation'. More than 100 investment professionals and industry consultants attended Northern Trust's event, held in Lond.

Northern Trust Survey Reveals the Importance of Emerging Technology in the Data Landscape

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced Lyenda Simpson Delp will become Head of the Global Institutional Client Group, effective December 3. Lyenda will lead the strategic direction and commercial success of NTAM's institutional businesses in the Americas, Europe, and the Middle East (EMEA), and Asia-Pacific (APAC) regions. NTAM has more than $900 bi.

Northern Trust Asset Management Appoints Head of Global Institutional Client Group

Marvell Technology

Lyft

The Nasdaq 100 closed lower by around 0.5% during Monday's session. Investors, meanwhile, focused on some notable insider trades.

Nasdaq, Marvell Technology And 2 Other Stocks Executives Are Selling

LUXEMBOURG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) is pleased to announce that its current partnership with 2Xideas AG (2Xideas) is expanding to include Integrated Trading Solutions (ITS). The Switzerland-based investment firm with approximately US$2bn in assets under management (Source: 2Xideas as of 30 June 2024) first appointed Northern Trust in 2022, as the firm's fund accounting, financial reporting, transfer agency, custody, and depositary services provider. Founded in 2013, 2Xide.

2Xideas Appoints Northern Trust for Integrated Trading Solutions

CHICAGO--(BUSINESS WIRE)-- #assetservicing--Northern Trust's blockchain-based platform enables institutional buyers to digitally access carbon credits from leading project developers.

News for Northern Trust Stock (NTRS)