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Northern Trust Corp Stock Research

NTRS

85.62USD+1.01(+1.19%)Delayed

Market Summary

USD85.62+1.01
Delayed
1.19%

NTRS Alerts

NTRS Stock Price

NTRS RSI Chart

NTRS Valuation

Market Cap

17.8B

Price/Earnings (Trailing)

13.36

Price/Sales (Trailing)

2.64

EV/EBITDA

3.14

Price/Free Cashflow

7.88

NTRS Price/Sales (Trailing)

NTRS Profitability

EBT Margin

26.12%

Return on Equity

11.87%

Return on Assets

0.86%

Free Cashflow Yield

12.69%

NTRS Fundamentals

NTRS Revenue

Revenue (TTM)

6.8B

Revenue Y/Y

6.79%

Revenue Q/Q

131.25%

NTRS Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

-61.69%

Earnings Q/Q

-60.56%

Price Action

52 Week Range

76.15120.47
(Low)(High)

Last 7 days

-8.1%

Last 30 days

-14.6%

Last 90 days

-2.4%

Trailing 12 Months

-23.4%

NTRS Financial Health

NTRS Investor Care

Dividend Yield

3.39%

Dividend/Share (TTM)

2.9

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

6.14

Peers (Alternatives to Northern Trust)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
-0.56% -0.91%
25.94
6.37
2.44% -5.35%
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
1.3T
282.8B
1.63% -25.54%
21.65
4.59
9.78% -21.12%
1.0T
514.0B
-3.36% -34.72%
-376.42
1.99
9.40% -108.16%
MID-CAP
3.6B
258.4M
203.99% 176.76%
-11.9
13.75
24.91% -254.56%
2.3B
9.2B
-18.97% -49.38%
-6.41
0.25
51.67% -98.90%
SMALL-CAP
1.7B
1.7B
-22.36% -14.62%
13.72
0.97
61.79% 371.82%
1.6B
602.5M
-17.77% -52.80%
-2.74
2.63
18.18% -18.59%
1.1B
418.9M
5.51% -56.16%
-2.93
2.57
-9.85% -101.06%
991.7M
478.9M
-11.35% -65.42%
-0.32
2.07
-31.50% -634.70%
954.9M
482.4M
-16.25% -37.64%
-4.12
1.98
33.15% -170.42%
897.6M
50.8M
-34.66% -77.56%
-1.14
17.66
1229.98% -13.59%
788.4M
1.1B
-10.56% -33.33%
27.33
0.72
-5.82% -92.23%
281.8M
10.3M
-24.84% -63.38%
-1.01
27.46
478.23% 7.85%

Financials for Northern Trust

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.8%6,7616,5796,6246,5596,465
EBITDA-3.0%4,2074,3374,1523,970-
EBITDA Margin-5.6%0.62*0.66*0.79*0.77*-
Earnings Before Taxes-15.3%1,7662,0862,0792,0252,010
EBT Margin-17.6%0.26*0.32*0.40*0.39*-
Interest Expenses10.2%1,8871,7131,5471,4241,383
Net Income-15.8%1,3361,5871,5881,5601,545
Net Income Margin-18.1%0.20*0.24*0.30*0.30*-
Free Cahsflow1150.0%2,2641811,5561,924-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-3.0%155,037159,840157,786172,565183,890
    Cash Equivalents3.6%4,6544,4935,1203,7833,057
  Net PPE6.7%501469477486489
  Goodwill1.8%691679690702706
Liabilities-3.4%143,777148,809146,717161,155171,873
Shareholder's Equity2.1%11,26011,03011,07011,41012,017
  Retained Earnings-0.1%13,79913,80613,58613,34313,117
  Additional Paid-In Capital2.1%984964951932939
Shares Outstanding0.0%208208208208208
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations747.5%2,3922821,6602,0351,356
  Share Based Compensation193.2%28096.00---
Cashflow From Investing769.4%25,9302,9838,855-13,410-18,602
Cashflow From Financing-951.9%-26,437-2,513-9,88210,66316,074
  Dividend Payments28.7%750583583583583
  Buy Backs-4.6%35.0037.00136166268

Risks for NTRS

What is the probability of a big loss on NTRS?

56.5%


Probability that Northern Trust stock will be more than 20% underwater in next one year

33.9%


Probability that Northern Trust stock will be more than 30% underwater in next one year.

16.5%


Probability that Northern Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NTRS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Northern Trust was unfortunately bought at previous high price.

Drawdowns

Returns for NTRS

Cumulative Returns on NTRS

6.7%


10-Year Cumulative Returns

6.2%


7-Year Cumulative Returns

-2.4%


5-Year Cumulative Returns

5.8%


3-Year Cumulative Returns

What are the long-term rolling returns for NTRS?

FIve years rolling returns for Northern Trust.

Annualized Returns

Which funds bought or sold NTRS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-13
Claro Advisors LLC
added
31.19
76,900
455,900
0.15%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-2.49
839,056
99,259,100
0.11%
2023-03-06
Rockefeller Capital Management L.P.
added
1.59
85,000
1,763,000
0.01%
2023-03-03
TIAA, FSB
added
0.2
20,299
584,299
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
348,385
348,385
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-1,000
-
-%
2023-03-01
Lakewood Asset Management LLC
new
-
7,000
7,000
0.01%
2023-02-28
Voya Investment Management LLC
added
25.24
1,805,130
7,923,130
0.01%
2023-02-27
Benin Management CORP
reduced
-1.08
9,054
407,054
0.16%
2023-02-24
NATIXIS
added
29.52
391,212
1,545,210
0.01%

1–10 of 50

Latest Funds Activity

Are funds buying NTRS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NTRS
No. of Funds

Northern Trust News

MarketBeat

California State Teachers Retirement System Boosts Stake in ....

MarketBeat,
7 hours ago

Investor's Business Daily

Barchart

Schedule 13G FIlings of Northern Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.36%
23,674,989
SC 13G/A
Jan 31, 2023
blackrock inc.
7.5%
15,562,571
SC 13G/A
Feb 10, 2022
vanguard group inc
10.72%
22,253,836
SC 13G/A
Feb 01, 2022
blackrock inc.
7.4%
15,419,837
SC 13G/A
Feb 12, 2021
northern trust corp
4.6%
9,638,884
SC 13G/A
Feb 10, 2021
vanguard group inc
10.43%
21,703,384
SC 13G/A
Feb 04, 2021
wellington management group llp
0.78%
1,625,746
SC 13G/A
Jan 29, 2021
blackrock inc.
6.7%
13,952,267
SC 13G/A
Oct 13, 2020
vanguard group inc
10.59%
22,032,480
SC 13G/A
Feb 12, 2020
vanguard group inc
7.36%
15,598,774
SC 13G/A

NTRS Fair Value

Northern Trust fair value in different scenarios

The table shows the Fair Value estimates for Northern Trust for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

33.71

-60.63%

59.46

-30.55%

95.23

11.22%

131.28

53.33%

157.17

83.57%
Current Inflation

29.33

-65.74%

51.61

-39.72%

81.64

-4.65%

111.89

30.68%

133.46

55.87%
Very High Inflation

23.84

-72.16%

42.05

-50.89%

65.58

-23.41%

89.31

4.31%

106.08

23.90%

Historical Northern Trust Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Northern Trust

View All Filings
Date Filed Form Type Document
Mar 16, 2023
ARS
ARS
Mar 16, 2023
DEF 14A
DEF 14A
Mar 16, 2023
DEFA14A
DEFA14A
Mar 13, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading

Latest Insider Trading transactions for NTRS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-09
Allnutt Lauren E
sold
-48,800
87.3
-559
evp & controller
2023-03-01
Allnutt Lauren E
sold (taxes)
-22,205
94.49
-235
evp & controller
2023-03-01
FRADKIN STEVEN L
sold (taxes)
-368,039
94.49
-3,895
president/wealth management
2023-03-01
Tyler Jason J.
sold (taxes)
-193,138
94.49
-2,044
evp & chief financial officer
2023-03-01
South Thomas A
sold (taxes)
-244,257
94.49
-2,585
executive vice president
2023-03-01
O'Grady Michael
sold (taxes)
-930,254
94.49
-9,845
chairman and ceo
2023-03-01
Parker Teresa
sold (taxes)
-209,579
94.49
-2,218
executive vice president
2023-03-01
Gossett Mark C
sold (taxes)
-165,641
94.49
-1,753
executive vice president
2023-03-01
Cherecwich Peter
sold (taxes)
-355,755
94.49
-3,765
president/asset servicing
2023-03-01
Levy Susan Cohen
sold (taxes)
-249,076
94.49
-2,636
evp and general counsel

1–10 of 50

Michael G. O'Grady
21100
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

NTRS Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Noninterest Income   
Trust, Investment and Other Servicing Fees$ 4,432.6$ 4,361.1$ 3,995.0
Foreign Exchange Trading Income288.6292.6290.4
Treasury Management Fees39.344.345.4
Security Commissions and Trading Income136.2140.2133.2
Other Operating Income191.3243.9194.0
Investment Security Gains (Losses), net(214.0)(0.3)(0.4)
Total Noninterest Income4,874.05,081.84,657.6
Net Interest Income   
Interest Income2,877.71,406.51,643.5
Interest Expense990.523.8200.3
Net Interest Income1,887.21,382.71,443.2
Provision for Credit Losses12.0(81.5)125.0
Net Interest Income after Provision for Credit Losses1,875.21,464.21,318.2
Noninterest Expense   
Compensation2,248.02,011.01,947.1
Employee Benefits437.4431.4387.7
Outside Services880.3849.4763.1
Equipment and Software838.8736.3673.5
Occupancy219.1208.7230.1
Other Operating Expense359.3299.1346.7
Total Noninterest Expense4,982.94,535.94,348.2
Income before Income Taxes1,766.32,010.11,627.6
Provision for Income Taxes430.3464.8418.3
NET INCOME1,336.01,545.31,209.3
Preferred Stock Dividends41.841.856.2
Net Income Applicable to Common Stock$ 1,294.2$ 1,503.5$ 1,153.1
PER COMMON SHARE   
Net Income - Basic (in dollars per share)$ 6.16$ 7.16$ 5.48
Net Income - Diluted (in dollars per share)$ 6.14$ 7.14$ 5.46
Average Number of Common Shares Outstanding - Basic (in shares)208,309,331208,075,522208,319,412
Average Number of Common Shares Outstanding - Diluted (in shares)208,867,264208,899,230209,007,986

NTRS Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and Due from Banks$ 4,654.2$ 3,056.8
Federal Reserve and Other Central Bank Deposits40,030.464,582.2
Interest-Bearing Deposits with Banks1,941.11,949.4
Federal Funds Sold32.00.0
Securities Purchased under Agreements to Resell1,070.3686.4
Debt Securities  
Available for Sale (Amortized cost of $27,760.0 and $37,948.5)26,699.938,010.5
Held to Maturity (Fair value of $22,879.3 and $23,315.4)25,036.123,564.5
Trading Account95.20.3
Total Debt Securities51,831.261,575.3
Loans and Leases  
Total loans and leases42,893.340,480.6
Allowance for Credit Losses(161.1)(150.6)
Buildings and Equipment500.5488.7
Client Security Settlement Receivables1,698.31,941.2
Goodwill691.3706.2
Other Assets9,855.28,573.6
Total Assets155,036.7183,889.8
Deposits  
Demand and Other Noninterest-Bearing16,582.722,028.2
Savings, Money Market and Other Interest-Bearing31,128.635,003.1
Savings Certificates and Other Time1,981.3842.7
Non U.S. Offices — Noninterest-Bearing8,757.626,287.3
Non U.S. Offices Interest-Bearing65,481.975,767.1
Total Deposits123,932.1159,928.4
Federal Funds Purchased1,896.90.2
Securities Sold Under Agreements to Repurchase567.2531.9
Other Borrowings7,592.33,583.8
Senior Notes2,724.22,505.5
Long-Term Debt2,066.21,145.7
Other Liabilities4,998.34,177.5
Total Liabilities143,777.2171,873.0
STOCKHOLDERS' EQUITY  
Common Stock408.6408.6
Additional Paid-In Capital983.5939.3
Retained Earnings13,798.513,117.3
Accumulated Other Comprehensive Loss(1,569.2)(35.6)
Treasury Stock(3,246.8)(3,297.7)
Total Stockholders’ Equity11,259.512,016.8
Total Liabilities and Stockholders’ Equity155,036.7183,889.8
Commercial  
Loans and Leases  
Total loans and leases21,635.618,487.4
Personal  
Loans and Leases  
Total loans and leases21,257.721,993.2
Series D Preferred Stock  
STOCKHOLDERS' EQUITY  
Preferred Stock493.5493.5
Series E Preferred Stock  
STOCKHOLDERS' EQUITY  
Preferred Stock$ 391.4$ 391.4