
Northern Trust (NTRS) Stock Forecast & Price Target
Northern Trust (NTRS) Analyst Ratings
Bulls say
Northern Trust demonstrated solid growth with a 2% quarter-over-quarter increase in tangible book value (TBV), reaching $62.65, reflecting the company's robust financial health. Additionally, wealth management assets under management (AUM) rose by 4.8% quarter-over-quarter to $468.5 billion, indicating strong client demand and effective asset retention strategies. The firm's net interest margin (NIM) also improved by 1 basis point to 1.70%, benefiting from decreased European deposit costs, which further supports sustained profitability.
Bears say
Northern Trust's financial outlook remains concerning, primarily due to the flat net interest margin (NIM) of 1.69% which was below prior estimates, suggesting potential stagnation in profitability. Additionally, management fees decreased by 0.5% quarter-over-quarter, indicative of challenges in wealth management performance, while future expectations for net interest income (NII) remain bleak with projected lower deposits and diminishing non-repeatable foreign exchange swap revenues. Furthermore, a decline in the Common Equity Tier 1 (CET1) ratio from 12.9% to 12.2% raises concerns about the bank's capital strength and overall financial health moving forward.
This aggregate rating is based on analysts' research of Northern Trust and is not a guaranteed prediction by Public.com or investment advice.
Northern Trust (NTRS) Analyst Forecast & Price Prediction
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