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.

Recently, Zacks.com users have been paying close attention to Northern Trust (NTRS). This makes it worthwhile to examine what the stock has in store.

Here is What to Know Beyond Why Northern Trust Corporation (NTRS) is a Trending Stock

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 Pension Universe Data: Canadian Pension Plan Returns Concluded the First Quarter With an Upbeat Tone Buoyed by Rising Stock Markets

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 Survey: Asset Managers Pursue ‘Right Product, Right Fit' Strategy to Drive Distribution

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 Upgrades Cloud-Based Insurance Accounting and Analytics Application

Interactive Brokers

Omnicom Group

Reconfirming their favorable earnings outlook, these companies surpassed Q1 bottom line expectations this week making now a suitable time to invest.

3 Top Rated Stocks to Buy After Q1 Earnings Beat Estimates

It took a hit because of worse-than-expected quarterly results. It whiffed on analyst estimates for both revenue and profitability.

Why Northern Trust Stock Tumbled by 5% on Tuesday

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 failure of some banks.

Northern Trust Stock Slumps on Q1 Profit Miss

A rise in fee income, as well as increasing AUC and AUM balances offer support to Northern Trust's (NTRS) Q1 earnings. However, a fall in NII and higher expenses affected the results to some extent.

Northern Trust (NTRS) Q1 Earnings Beat, Revenues Fall Y/Y

Northern Trust Corporation (NTRS) Q1 2024 Earnings Call Transcript

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

Compared to Estimates, Northern Trust (NTRS) Q1 Earnings: A Look at Key Metrics

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 managing client assets.

Northern Trust profit falls on hit from debt investment sale

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.51 per share a year ago.

Northern Trust Corporation (NTRS) Tops Q1 Earnings Estimates

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 on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on April 16, 2024, which is available on the SEC's website at https://www.sec.gov. Webcast of First Quarter Earnings Conference Call Northern Trust's first quarter earnings conference call.

Northern Trust Corporation Reports First Quarter 2024 Financial Results

SEI Investments

SIGA Technologies

SIGA, SEIC and NTRS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 12, 2024.

Best Momentum Stocks to Buy for April 12th

Ameri Holdings

Intrusion

Zuora

ZUO, INTZ, SIGA, ENVB and NTRS have been added to the Zacks Rank #1 (Strong Buy) List on April 12, 2024.

New Strong Buy Stocks for April 12th

Beyond analysts' top -and-bottom-line estimates for Northern Trust (NTRS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Unlocking Q1 Potential of Northern Trust (NTRS): Exploring Wall Street Estimates for Key Metrics

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.

Northern Trust (NTRS) Upgraded to Buy: Here's What You Should Know

Northern Trust (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.

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

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 service and continued growth in the region. “Jordan brings extensive wealth management experience, a depth of business acumen, proven leadership skills and a unique perspective. His experience will be invaluable in developing and implementing practical, goals-based solutions for our most complex cl.

Northern Trust Strengthens Atlanta Wealth Management Team

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) (the “Fund”). Prior to and through the close of regular trading (the “Close of Trading”) on the NYSE Arca, Inc. (“NYSE Arca”) on or about April 23, 2024 (the “Closing Date”), the Fund will undertake the process of closing down and liquidating its portfolio. Upon the close of business on or about.

FlexShares Announces Liquidation of an Exchange Traded Fund

CME Group

Home Depot

JPMorgan Chase & Co

Reddit Inc

Wells Fargo

Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.

Low Interest Rates Can Help These Commercial Banks Rally Higher

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 that Christian (Chris) Roth has been hired as Chief Investment Officer of Global Fixed Income. Roth brings more than three decades of financial industry experience to the role. He joins most recently from Morgan Stanley Investment Management, where he held a variety of global fixed income leadership.

Northern Trust Asset Management Names CIO of Global Fixed Income

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 strengthening relationships with key Northern Trust clients across Europe, Middle East, Africa and Asia Pacific at the highest levels of their organisations, creating synergies and facilitating access to the bank's asset servicing and asset management solutions. “Our clients face diverse challenge.

Northern Trust Names Gary Paulin Head of International Enterprise Client Solutions

Northern Trust (NTRS) benefits from improved loan demand and high interest rates. However, rising expenses and poor asset quality are major headwinds.

Northern Trust (NTRS) Rides on Loan Growth, High Costs Ail

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 to provide food security, affordable housing, accessible healthcare and quality education. Additionally, 2023 was a record-setting year for Northern Trust's employee volunteer efforts. Year-round volunteering returned to pre-pandemic levels and during the month of October alone, for Northern Trust's.

News for Northern Trust Stock (NTRS)