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.

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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 that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 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 8:00 a.m. (CT), following the release that morning of Northern Trust's fourth quarter 2023 earnings press release. A replay of the webcast will be available for approxima.

Northern Trust Corporation to Webcast Fourth Quarter 2023 Earnings Conference Call

Northern Trust's (NTRS) improvement in Q4 NII outlook is supported by an increase in the deposit levels and benefits from the securities portfolio repositioning efforts.

Northern Trust (NTRS) Q4 NII Gain From Securities Repositioning

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

Why Is Northern Trust Corporation (NTRS) Up 14% Since Last Earnings Report?

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) employees set a new record for volunteer work during Northern Trust's Achieving Greater Together month of service, an annual event that encourages employees to volunteer time with charitable organizations worldwide. During the month of October alone, employees volunteered nearly 53,000 hours for 1,700 organizations in 20 countries — every country where Northern Trust has an office. Group activities that Northern Trust employees accomplishe.

Northern Trust's Annual Monthlong Service Effort Sets New Records

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A fall in NII, and the AUC and AUM balances hinder Northern Trust's (NTRS) Q3 earnings.

Northern Trust (NTRS) Q3 Earnings Lag Estimates, NII Dips Y/Y

Northern Trust Corporation (NASDAQ:NTRS ) Q3 2023 Results Conference Call October 18, 2023 9:30 AM ET Company Participants Jennifer Childe - Director, IR Michael O'Grady - Chairman, CEO Jason Tyler - CFO Conference Call Participants Glenn Schorr - Evercore Michael Brown - KBW Alex Blostein - Goldman Sachs Brennan Hawken - UBS Ryan Kenny - Morgan Stanley Brian Bedell - Deutsche Bank Mike Mayo - Wells Fargo Gerard Cassidy - RBC Operator Good day, and welcome to the Northern Trust Corporation Third Quarter 2023 Earnings Conference Call. Today's conference is being recorded.

Northern Trust Corporation (NTRS) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Northern Trust Corporation (NTRS) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Northern Trust Corporation (NTRS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.80 per share a year ago.

Northern Trust Corporation (NTRS) Q3 Earnings Miss Estimates

Asset and wealth manager Northern Trust on Wednesday posted a smaller-than-expected drop in third-quarter profit as a rise in fee-based income cushioned the hit from a drop in its interest income.

Northern Trust posts smaller drop in Q3 profit on robust fee-based income

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its third quarter 2023 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 18, 2023, 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 2023 Financial Results

Despite higher rates, Northern Trust (NTRS) is expected to have witnessed a decline in interest income in the third quarter of 2023 due to softer loan demand and higher funding costs.

Northern Trust (NTRS) to Post Q3 Earnings: What to Expect?

Northern Trust Corporation (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.

Earnings Preview: Northern Trust Corporation (NTRS) Q3 Earnings Expected to Decline

ABU DHABI, United Arab Emirates & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provide a suite of services, including global custody, alternative asset administration through Front Office Solutions, liquidity solutions, performance and risk analytics, and compliance monitoring. Abu Dhabi Pension Fund (ADPF) is a growing pool of sovereign sponsored pension assets in the Middle East.

Northern Trust Appointed Global Custodian by Abu Dhabi Pension Fund

LONDON--(BUSINESS WIRE)--Following the expiration of the U.S. Securities and Exchange Commission's (SEC) No Action Letter relating to research payments on July 3, 2023, Northern Trust (Nasdaq: NTRS) is working to find solutions for MiFID II managers facing potential difficulties paying US bank research providers. “The recent US regulatory developments combined with potential changes in research funding regulations in the UK and EU may present both challenges and opportunities for asset managers.

Northern Trust Poised to Support MiFID II Managers Responding to Upcoming Regulatory Changes

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its third quarter 2023 earnings conference call live on Wednesday, October 18, 2023. 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 2023 earnings press release. A replay of the webcast will be available for approximat.

Northern Trust Corporation to Webcast Third Quarter 2023 Earnings Conference Call

Northern Trust (NTRS) expects a 10% dip in third-quarter NII on higher funding costs.

Northern Trust (NTRS) Signals 10% Fall in Q3 NII on High Costs

Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month on Tuesday after the custodian and asset manager forecast a bigger-than-expected drop in net interest income (NII) in the third quarter.

Northern Trust shares slide after forecasting bigger drop in net interest income

JACKSONVILLE, Fla. , Sept. 6, 2023 /PRNewswire/ -- Habitat for Humanity of Jacksonville (HabiJax), one of the largest providers of affordable homes in Northeast Florida, recently received a $2.6 million investment from Northern Trust.

Habitat for Humanity of Jacksonville Receives $2.6 Million Investment by Northern Trust

HONG KONG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has appointed Aisling Keane as head of Asset Servicing, Hong Kong, effective 4 September 2023. In the newly created role, Keane will lead Northern Trust's asset servicing business in Hong Kong, Macau and Taiwan. Keane will be responsible for overseeing the overall strategic direction for the asset servicing business and providing solutions to clients. With 20 years of industry experience, Keane was most recently head of alternative inves.

Northern Trust Appoints Head of Asset Servicing, Hong Kong

Northern Trust gets hold/neutral rating today, in line with consensus from Wall Street and the quant system. Positives: Near 4% dividend yield, capital strength, share price vs. 200 day SMA. Headwinds: valuation (P/E, P/B ratios), poor YoY earnings growth.

Hold On To Northern Trust, With 4% Dividend Yield And $1.3T In AUM

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U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a focus on office commercial real estate.

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CHICAGO--(BUSINESS WIRE)--Global equity markets posted positive gains during the second quarter of 2023 due to cooling inflation, the GDP on track to grow 2% in the current year and renewed optimism in the technology sector. The median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was up 2.3% for the quarter ending June 30, 2023.

Northern Trust Universe Data: Global Equity Markets Drive Positive Results in Second Quarter as Inflation Cools

Moody's slashed the credit ratings on 10 US banks on Monday.  It also put major lenders like Bank of New York Mellon and US Bancorp under review for potential downgrades.

News for Northern Trust Stock (NTRS)