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 1889 and is headquartered in Chicago, IL.

TORONTO--(BUSINESS WIRE)-- #assetmanagement--The median pension plan in the Northern Trust Canada Universe returned 0.76% for the quarter and -14.75% year to date as of September 30, 2022.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Advanced in Q3 2022 Amid Volatile Markets

One of the most stringent of the GuruFocus screeners is the Undervalued Predictable screener. Only 195 out of the 12,232 stocks followed by GuruFocus can make it through this screener, and ownership of those stocks can deliver better-than-average results.

How Northern Trust Became an Undervalued Predictable Stock

Northern Trust Corporation remains viable despite the notable increase in expenses. Its excellent liquidity position constitutes a substantial part of its solid fundamental health.

Northern Trust: A Trustworthy Dividend-Paying Stock

Northern Trust Corporation (NTRS) delivered earnings and revenue surprises of -1.10% and 0.12%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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

A rising expense base and declining assets under management hamper Northern Trust's (NTRS) Q3 results against higher revenues due to a rise in NII.

Northern Trust (NTRS) Q3 Earnings & Revenues Miss Estimates

Northern Trust Corporation (NASDAQ:NTRS ) Q3 2022 Earnings Conference Call October 19, 2022 10:00 AM ET Company Participants Jennifer Childe - Senior Vice President, Director of Investor Relations Michael O'Grady - Chairman and Chief Executive Officer Jason Tyler - Executive Vice President and Chief Financial Officer Lauren Allnutt - Executive Vice President and Controller Mark Bette - Senior Vice President and Director of Investor Relations Briar Rose - Vice President, Investor Relations Conference Call Participants Betsy Graseck - Morgan Stanley Alexander Blostein - Goldman Sachs Mike Mayo - Wells Fargo Ken Usdin - Jefferies Brennan Hawken - UBS Brian Bedell - Deutsche Bank Glenn Schorr - Evercore ISI Gerard Cassidy - RBC Capital Markets Vivek Juneja - JPMorgan Brennan Hawken - UBS Mike Brown - KBW. Gerard Cassidy - RBC Capital Markets Operator Good day, and thank you for standing by.

Northern Trust Corporation (NTRS) Q3 2022 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation has released its third quarter 2022 financial results.

Northern Trust Corporation Reports Third Quarter 2022 Financial Results

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1 trillion in assets under management as of June 30, 2022, announced today that Antulio Bomfim has been hired as head of Global Macro, a newly created position within its global fixed income group.

Northern Trust Asset Management Names Head of Global Macro for Fixed Income

Despite a rise in NII, backed by higher rates, Northern Trust's (NTRS) Q3 fee income is likely to have been affected by weaker equity and fixed-income markets.

Key Factors Affecting Northern Trust's (NTRS) Q3 Earnings

Northern Trust Corporation (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) Earnings Expected to Grow: Should You Buy?

LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting and currency management-related services to its Melchior Selected Trust. Headquartered in London, Polar Capital is a specialist, investment-led, active fund manager with £19 billion of assets under management (as at 30 June 2022). It currently has 15 autonomous investment teams in the United Kingdom, France, Spain,

Polar Capital Appoints Northern Trust to Provide Asset Servicing Solutions to its Melchior Selected Trust

CHICAGO & LONDON--(BUSINESS WIRE)-- #assetmanagement--Northern Trust was recognized as a leader in outsourced trading solutions in the Americas, Europe, and APAC regions and in equities and fixed income.

Northern Trust Integrated Trading Solutions Recognized as Leader in Chartis Research Outsourced Trading Solutions Report, 2022

NEW YORK--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust has appointed Stephanie H. Giroux, CFA, as Senior Portfolio Advisor in the Greater New York market.

Northern Trust Appoints Stephanie H. Giroux Senior Portfolio Advisor in New York Market

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced the appointment of Michael Buzza as global head of Network Management & Market Strategy. Buzza, previously EMEA head of Market Advocacy and Innovation Research, will oversee the teams dedicated to providing market access and insights across the traditional securities services markets within the Digital Assets and Financial Markets group. Justin Chapman, global head of Digital Assets and Financial Markets, comme

Northern Trust Creates New Leadership Role within Digital Assets and Financial Markets Group

CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management's FlexShares® Exchange Traded Funds announced today findings from its latest biennial study on financial advisors' adoption of external investment management services. This year's version of the survey, which was first conducted in 2010, revealed that the use of outside investment managers has continued to gain traction in the advisory industry over the past two years. Firms already using external managers increased their allocations, wh

FlexShares Survey Finds Financial Advisors Highly Satisfied with External Investment Solutions

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its third quarter 2022 earnings conference call live on Wednesday, October 19, 2022. The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust's website. The call will be conducted at 9:00 a.m. (CT), following the release that morning of Northern Trust's third quarter 2022 earnings press release. A replay of the webcast will be available for approximat

Northern Trust Corporation to Webcast Third Quarter 2022 Earnings Conference Call

SAN FRANCISCO--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust appointed Michael Cklamovski Senior Managing Director and President of the Northern California region, based out of San Francisco.

Northern Trust Appoints Michael Cklamovski Senior Managing Director and President of Northern California

PHOENIX--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust has appointed Curtiss Smith as Phoenix Region President, where he will lead the team in the delivery of outstanding client service.

Northern Trust Appoints Curtiss Smith as Phoenix Region President

CHICAGO & LONDON--(BUSINESS WIRE)--In line with its continuing growth and momentum, Northern Trust (Nasdaq: NTRS) has made a series of appointments within its global Capital Markets business and established a Capital Markets Client Solutions team. Northern Trust Capital Markets aligns execution, transactional, lending and financing solutions in equities, fixed income and derivatives, transition management, foreign exchange and securities finance. Comprising more than 500 specialist employees ac

Northern Trust Announces Capital Markets Appointments to Support Global Business Growth

SAN FRANCISCO--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust has appointed Philip J. Hayes as West Region Wealth Advisor, based out of the San Francisco office.

Northern Trust Appoints Philip J. Hayes West Region Wealth Advisor

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust has appointed Jim Ward Senior Investment Officer and Senior Vice President in the Western Michigan Office.

Northern Trust Appoints Jim Ward Senior Investment Officer in Western Michigan

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Leading financial services company Northern Trust (Nasdaq: NTRS) is expanding its philanthropy efforts in Malaysia aligned with its vision to create more equitable opportunities to achieve long-term financial success for those who too often face hurdles because of their race, ethnicity, gender, geography or socio-economic conditions. Northern Trust will donate funds to Teach For Malaysia, a not-for-profit organization that works towards ensuring educatio

Northern Trust Expands its Philanthropy in Malaysia

CHICAGO & LONDON--(BUSINESS WIRE)--Northern Trust has named Benjamin Bobroff as the new global head of its Digital Solutions Consulting team within its Asset Servicing business development division and made three senior appointments supporting the continued strategic focus and investment in digital innovation. The growing team is focused on providing consultative support to asset owners and asset managers around the globe on how they can individually leverage Northern Trust's technology and dig

Northern Trust Bolsters Digital Solutions Consulting Team

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

Why Is Northern Trust Corporation (NTRS) Up 5.3% Since Last Earnings Report?

MIAMI--(BUSINESS WIRE)-- #wealthmanagement--Northern Trust has appointed Jose M. Perez Senior Lending Officer of the South Florida Market.

News for Northern Trust Stock (NTRS)