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.

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

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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

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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.

Northern Trust Releases 2023 Philanthropic Impact Report

Northern Trust Corporation (NTRS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Northern Trust Corporation (NTRS) Rating Upgrade to Strong Buy

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LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it has been re-appointed by Border To Coast Pensions Partnership Limited (Border To Coast) to provide a range of asset servicing solutions spanning fund administration, custody, brokerage, securities lending and depositary services. Established as a regulated asset manager in 2018, Border To Coast has grown to be one of the largest pension pools in the United Kingdom. Owned by 11 Local Government Pension Scheme (LGPS) funds.

Border To Coast Pensions Partnership Limited Reappoints Northern Trust as its Asset Servicing Provider

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4 Reasons Why Northern Trust (NTRS) Stock is a Must-Buy Now

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DUBLIN & LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announces today that it is providing Sanlam Asset Management (Ireland) Limited (SAMI) with fund administration, transfer agency, custody, depositary and FX services. SAMI is an international investment management platform managing funds domiciled in Ireland valued at US$8.7 billion (as of 1 February 2024). Established in 1997 in Dublin, Ireland, it is part of the Sanlam financial service group headquartered in Bellville, Western Ca.

Northern Trust Appointed by Sanlam Asset Management (Ireland) Limited

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its first quarter earnings conference call live on Tuesday, April 16, 2024. The call will be conducted at 8:00 a.m. CT, following the release that morning of Northern Trust's first quarter 2024 earnings press release. The webcast, related presentation materials, and the earnings press release will be accessible on Northern Trust's website. Northern Trust will also webcast its annual meeting of stockholders.

News for Northern Trust Stock (NTRS)