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.

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today a number of leadership changes, effective Oct. 1, 2024. “These changes represent our One Northern Trust strategy designed to optimize growth, strengthen resiliency and drive productivity,” Chairman and Chief Executive Officer Michael O'Grady said. “They reflect the strength of our leaders and depth of our talent practices, and our commitment to continuing to serve our clients with distinction in an ever-changing landscape.” Pe.

Northern Trust Announces Leadership Changes

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chief Financial Officer Jason Tyler will participate in the Barclays Global Financial Services Conference in New York City on Tuesday, September 10, 2024, at 3:30 p.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for approximately four weeks after the session date. About Northern Trust Northern Trust Cor.

Northern Trust Chief Financial Officer Jason Tyler to Participate in Barclays Global Financial Services Conference

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for Nedgroup Investments, a global asset management firm with more than US$20 billion AUM. Nedgroup Investments, a division of Nedbank Group Ltd, is an investment-led business dedicated to finding exceptional fund managers and providing the right conditions for them to perform. Northern Trust will be supporting Nedgroup Investm.

Nedgroup Selects Northern Trust for Outsourced Trading Solutions to Support New Fixed Income Platform

CHICAGO--(BUSINESS WIRE)--Northern Trust is partnering with Greenlight® Financial Technology, Inc. (“Greenlight”) to better serve families and help the next generation build healthy financial futures. Northern Trust clients now have complimentary access to Greenlight's award-winning family finance app and debit card, available through the Greenlight for Banks program. Research conducted by the Northern Trust Institute found that 79 percent of high-net-worth families have provided their children.

Northern Trust Partners with Greenlight to Help Families Achieve Greater Financial Literacy

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for large U.S. institutional asset owners in the Northern Trust Universe was 1.1% for the quarter ending June 30, 2024.

Northern Trust Universe Data: Market Momentum Stalls as Inflation Concerns Persist in Q2

CHICAGO & LONDON--(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 actions to further strengthen its investment stewardship capabilities: appointing Paul Clark as Global Head of Stewardship, and unveiling the phased rollout of proxy voting choice. “We believe effective investment stewardship helps protect and enhance the assets our clients have entrusted us to manage.

Northern Trust Asset Management Strengthens Investment Stewardship Capabilities

Increasing non-interest income, NII and growth in loan balances are likely to aid Northern Trust's (NTRS) revenues. However, high costs and the current volatility of markets remain a concern.

Northern Trust (NTRS) Rides on Organic Growth Amid High Costs

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been selected to provide outsourced trading via its Integrated Trading Solutions (ITS) for True Potential, a United Kingdom (UK)-headquartered wealth management firm, supporting £31.7bn (approx. US$40.2bn) of assets under management (source: True Potential, 31 July 2024). Northern Trust will assume the trading function across True Potential's internally managed funds with approximately £6.1bn AUM as of 31 July 20.

True Potential Selects Northern Trust for Outsourced Trading Solutions

Freeport-McMoRan

Moderna

It may be earnings season for the S&P 500 — but revenue is on top of many investors' minds.

7 Stocks' Revenue Totally Smashes All Expectations

TORONTO--(BUSINESS WIRE)--Canadian pension plans witnessed a positive finish to the second quarter, according to the Northern Trust Canada Universe. The median Canadian Pension Plan returned 1.1 percent for the quarter and 3.5 percent year-to-date. The second quarter marked a pivotal shift in monetary policy to a less restrictive tone in some developed regions, led by the Bank of Canada (BoC) and followed by the European Central Bank (ECB). As these two monetary authorities gained confidence in.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Advanced in Q2 as Global Equities Gained Momentum

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 today that Xiangrong (Sharon) Jin, Ph.D has joined as Head of Product Strategy. Jin will lead NTAM's global product strategy organization with a focus on driving innovation, achieving scalable growth, and designing client-centric solutions. In this role, she will lead product strategy across all asset classes,.

Northern Trust Asset Management Names Head of Product Strategy

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been reappointed by Lancashire County Pension Fund to provide custody and performance measurement services to the £11.5 billion (approximately US$14.6 billion) fund, as of 31 May 2024. A Local Government Pension Scheme (LGPS), Lancashire County Pension Fund provides retirement benefits to approximately 189,000 employees and over 300 employers in the public sector across the county of Lancashire, North West Englan.

Lancashire County Pension Fund Renews Asset Servicing Relationship with Northern Trust

CHICAGO--(BUSINESS WIRE)--Northern Trust announced that it has allocated $70 million to the Northern Trust Foundation, which supports non-profit organizations focused on fundamental needs and broadening opportunities. Northern Trust's global philanthropic strategy focuses on broadening opportunities for financial success via four areas of need: accessible healthcare, affordable housing, quality education and food security. Northern Trust donated more than $170 million over the past decade to no.

Northern Trust Commits $70 million to its Charitable Foundation

Northern Trust Corporation (NASDAQ:NTRS ) Q2 2024 Results Conference Call July 17, 2024 9:30 AM ET Company Participants Jennifer Childe - Director of IR Mike O'Grady - Chairman and CEO Jason Tyler - CFO John Landers - Controller Grace Higgins - Investor Relations Conference Call Participants Betsy Graseck - Morgan Stanley Mokshith Reddy - Jefferies Brennan Hawken - UBS Mike Mayo - Wells Fargo Brian Bedell - Deutsche Bank Alex Blostein - Goldman Sachs Vivek Juneja - JP Morgan Ebrahim Poonawala - Bank of America Brennan Hawken - UBS Operator Good day, and welcome to the Northern Trust Corporation's Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded.

Northern Trust Corporation (NTRS) Q2 2024 Earnings Call Transcript

Northern Trust's (NTRS) Q2 earnings reflect a significant rise in fee income, driven by the net impact of the Visa transaction. Yet, the rise in costs and provisions are headwinds.

Northern Trust (NTRS) Q2 Earnings Beat on Increased Fee Income

Northern Trust Corp.'s stock dropped 5% on Wednesday after the bank delivered stronger-than-expected profit but its increased expenses drew scrutiny.

Northern Trust stock slides as higher expenses overshadow earnings beat

Although the revenue and EPS for Northern Trust (NTRS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Northern Trust (NTRS) Reports Q2 Earnings: What Key Metrics Have to Say

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.79 per share a year ago.

Northern Trust Corporation (NTRS) Q2 Earnings and Revenues Top Estimates

Asset and wealth manager Northern Trust posted a more than two-fold jump in second-quarter profit on Wednesday, thanks to higher fee income and an accounting gain of $878.4 million from a stock exchange deal with Visa.

Northern Trust's profit surges on fee income boost, accounting gain

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its second 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 July 17, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of Second Quarter Earnings Conference Call Northern Trust's second quarter earnings conference cal.

Northern Trust Corporation Reports Second Quarter 2024 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business serving high-net-worth individuals and families. In his new role, Nafii will be responsible for driving strategic growth in San Diego. He will lead a team that provides best-in-class investment management, trust, banking and advisory solutions to many of San Diego's most successful families, companies and nonprofits. Nafii joined Northern Trust in.

Northern Trust Appoints Ali Nafii San Diego Market Leader

Bank of New York Mellon

Credit Acceptance

Heartland Financial USA

Root

As of July 15, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 5 Financials Stocks That May Collapse This Month

Get a deeper insight into the potential performance of Northern Trust (NTRS) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Insights Into Northern Trust (NTRS) Q2: Wall Street Projections for Key Metrics

Northern Trust's (NTRS) second-quarter 2024 results are likely to be driven by an improving lending scenario and strong fee income growth amid rising expenses and weakening asset quality.

Fee Income to Aid Northern Trust (NTRS) in Q2 Earnings?

Northern Trust (NTRS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

News for Northern Trust Stock (NTRS)