
Northern Trust (NTRS) Stock Forecast & Price Target
Northern Trust (NTRS) Analyst Ratings
Bulls say
Northern Trust's tangible book value (TBV) increased by 2% quarter-over-quarter to $62.65, reflecting a solid foundation for future growth. Additionally, wealth management assets under management (WM AUM) rose by 4.8% quarter-over-quarter to $468.5 billion, demonstrating strong demand for the company’s wealth management services. Finally, the net interest margin (NIM) grew by 1 basis point from the prior quarter to 1.70%, benefiting from lower deposit costs in Europe, which indicates effective cost management and operational efficiency.
Bears say
Northern Trust's net interest margin (NIM) remained stagnant at 1.69%, which was below expectations and raised concerns about future net interest income (NII) due to anticipated lower deposits in the upcoming quarter and non-repeatable foreign exchange swap revenues. Wealth management fees also declined by 0.5% quarter-over-quarter, indicating potential challenges in generating revenue within their asset management segment. Additionally, a decrease in the common equity tier 1 (CET1) ratio from 12.9% to 12.2% suggests a weakening capital position, which could have implications for the firm's financial stability going 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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