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Northern Trust Corporation  (NTRS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $81.9500 $0.49 0.602%
Day's High: $81.875 Week Perf: 1.27 %
Day's Low: $ 81.13 30 Day Perf: 1.42 %
Volume (M): 32 52 Wk High: $ 90.59
Volume (M$): $ 2,568 52 Wk Avg: $77.07
Open: $81.58 52 Wk Low: $62.44



 Market Capitalization (Millions $) 17,189
 Shares Outstanding (Millions) 210
 Employees 21,100
 Revenues (TTM) (Millions $) 6,749
 Net Income (TTM) (Millions $) 1,107
 Cash Flow (TTM) (Millions $) 137
 Capital Exp. (TTM) (Millions $) 676

Northern Trust Corporation
Northern Trust Corporation (Corporation) was organized as a bank holding company in Delaware in 1971 to hold all of the outstanding capital stock, except directors' qualifying shares, of The Northern Trust Company (Bank), an Illinois banking corporation headquartered in the Chicago financial district and the Corporation's principal subsidiary.

The Corporation also owns national bank subsidiaries with offices in Arizona, California, Colorado, Florida and Texas, a federal savings bank subsidiary with offices in Connecticut, Georgia, Massachusetts, Michigan, Missouri, Nevada, New York, Ohio, Washington and Wisconsin, trust companies in New York and Connecticut and various other nonbank subsidiaries, including an investment management company owned through the Bank, a securities brokerage firm and an institutional investment management company.

The Corporation expects that, although the operations of other banking and non-banking subsidiaries will continue to be of increasing significance, the Bank will in the foreseeable future continue to be the major source of the Corporation's assets, revenues and net income.

The Bank currently has 18 banking offices in the Chicago area and the following active wholly-owned subsidiaries. Northern Trust Investments, N.A., a registered investment adviser (formerly known and conducting business as Northern Trust Investments, Inc.), provides investment management services and products to domestic and international institutional clients. Norlease, Inc. conducts leasing and leasing-related lending activities. MFC Company, Inc. holds properties that are received from the Bank in connection with certain problem loans.

NT Mortgage Holdings LLC, a real estate investment trust, holds a 100% participation in a significant portion of the Bank's residential mortgage portfolio, and its parent, NTG Services LLC, conducts market and other studies for the Bank's global businesses. Nortrust Nominees Limited, located in London, is a United Kingdom (U.K.) trust corporation organized to hold U. K. real estate and securities for trust and agency accounts.

The Northern Trust Company U.K. Pension Plan Limited, located in London, was established in connection with the pension plan for London-based employees. Northern Trust Holdings Limited is the holding company for Northern Trust Global Services Limited, a U.K. incorporated bank subsidiary established in the fourth quarter 2003 with authority to conduct a broad range of banking and other activities in the U.K. and, directly or indirectly through other subsidiaries or affiliates, in member states of the European Economic Area.

The Northern Trust Company, Canada, located in Toronto, offers institutional trust products and services to Canadian entities.

Also a subsidiary of the Bank, The Northern Trust International Banking Corporation, located in New York, is an Edge Act corporation organized for the purpose of conducting international business. Its business is conducted through the following subsidiaries. Northern Trust (Ireland) Limited, through its three principal subsidiaries, provides trust, custody, fund administration, fund accounting and shareholder registration services to international fund sponsors offering off-shore investment funds.

Northern Trust Fund Managers (Ireland) Limited facilitates the offering of off-shore collective investment products to institutional clients. Northern Trust Global Investments (Europe) Limited, a registered investment adviser, provides investment management services to institutional clients in the U. K. and continental Europe. The Northern Trust Company of Hong Kong Limited provides securities lending and relationship servicing for large asset custody clients in Asia and the Pacific Rim. Northern Trust Management Services Limited provides management services to the Bank's London Branch, Northern Trust Global Services Limited and other Northern Trust entities in the U. K. and continental Europe.

Northern Trust's principal business strategy is to provide quality financial services to targeted markets in which it believes it has a competitive advantage and favorable growth prospects. As part of this strategy, Northern Trust seeks to deliver a level of service to its clients that distinguishes it from its competitors. In addition, Northern Trust emphasizes the development and growth of recurring sources of fee-based income and is one of a select group of major bank holding companies in the United States that generates more revenues from fee-based services than from net interest income.

Northern Trust seeks to develop and expand its recurring fee-based revenue by identifying selected markets with good growth characteristics and providing a high level of individualized service to its clients in those markets. Northern Trust also seeks to preserve its asset quality through established credit review procedures and to maintain a conservative balance sheet. Finally, Northern Trust seeks to operate with a strong management team that includes senior officers having broad experience and long tenure.



   Company Address: 50 South La Salle Street Chicago, 60603 IL
   Company Phone Number: 630-6000   Stock Exchange / Ticker: NASDAQ NTRS
   


Customers Net Income grew by NTRS's Customers Net Profit Margin grew to

7.2 %

10.76 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -2.19%    
FCNCA        2.47% 
FITB   -2.51%    
TCBI   -1.91%    
WAL   -1.75%    
• View Complete Report
   



Northern Trust Corporation

Northern Trust Corporation: Navigating Growth and Challenges in Fourth Quarter 2023

Financial News Report: Northern Trust Corporation Reports Fourth Quarter 2023 Financial Results
Northern Trust Corporation, a leading regional bank, recently released its fourth quarter financial report for 2023, revealing a mixed bag of results. While the company witnessed a revenue growth of 1.341%, it was unable to prevent a significant income contraction of -27.27% compared to the same reporting season a year before.
The company generated $1.53 billion in revenue during the fourth quarter, coupled with earnings per share (EPS) of $0.53. However, these figures represent a decline when compared to the preceding reporting season, where profit plummeted by -64.71% from $1.49 per share and revenue deteriorated by -10.406% from $1.71 billion.

Northern Trust Corporation

Northern Trust Corporation Bucks the Trend, Maintains Stable Revenue Amid Challenging Market Conditions



Northern Trust Corporation, a leading financial services company, has experienced a decline in its stock value over the past 30 days, as well as a significant increase over the past year. However, recent financial results indicate a deterioration in key financial metrics such as earnings per share and revenue. This article will interpret these findings and speculate on their potential impact on the company's future performance.
1. Stock Performance:
Shares of Northern Trust Corporation have declined by -2.84% over the preceding 30 days. It is worth noting that despite this recent dip, the stock remains 5.6% above its 52-week low. Over the past 12 months, the shares have witnessed a remarkable increase of 84.72%.

Northern Trust Corporation

Surprising Twist: Despite Revenue Boost, Northern Trust Corporation Stumbles on Earnings Plummet in Q2 2023



Northern Trust Corporation, a leading financial services company, recently released its Jun 30, 2023 report, revealing a revenue rise of 0.476%. However, this growth was overshadowed by a significant decline in income of -16.13% compared to the same quarter the previous year. Despite these challenges, Northern Trust Corporation remains focused on improving sales and expects to report its next financial results in October 2023. Meanwhile, the stock of the company has experienced a decline in the past 5 trading days, but remains above its 52-week low.
Revenue and Income Analysis:
In the Jun 30, 2023 report, Northern Trust Corporation witnessed a slight increase in revenue, with figures reaching $1.77 billion. However, this growth was not substantial enough to prevent a significant decline in income, which plummeted by -16.13% compared to the previous year's comparable quarter. The company's earnings per share (EPS) stood at $1.56. The preceding quarter, however, showed a positive trend, with income improving by 3.31% and revenue increasing by 2.486% compared to the previous quarter.

Northern Trust Corporation

Deterioration in Earnings per Share by -14.69 % at the Northern Trust Corporation all along the first quarter of 2023 earnings season

Northern Trust Corporation, one of the leading financial institutions in the United States, recently released their financial results for the first quarter of 2023. Although the revenue growth of 0.751% was not able to prevent a decline in income of -14.69% compared to the same reporting season a year prior, there are several positive aspects to take note of.
Despite the decline in income, Northern Trust Corporation still managed to achieve a net income growth of 114.9% in the fourth quarter of 2022. Moreover, in comparison to the previous reporting season, EPS significantly improved by 108.86% and revenue advanced by 14.24%, reaching $1.73 billion and $1.51 EPS respectively. These improvements in the company's earnings are impressive and show the potential for Northern Trust Corporation to continue growing in the future.






 

Northern Trust's Segments
 
Corporate & Institutional Services
 Segment     of total Revenue
Personal Financial Services
 Segment     of total Revenue
Treasury & Other
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Northern Trust does not provide revenue guidance.

Earnings Outlook
Northern Trust Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion
U.S.
International

Northern Trust's Operating Statistics Decrease / Increase
       
Interest rate spread     
Net Interest Margin    Net Interest Margin Growth   
Nonperforming Assets Ratio   Nonperforming Assets Ratio Decline   
Allowance for Credit Losses     
Tier1 Capital Ratio   Tier1 Capital Ratio Decline   
Total Capital Ratio   Total Capital Ratio Decline   
Leverage Ratio   Leverage Ratio  Decline   
Tangible Common Equity Ratio   Tangible Common Equity Ratio Decline   
Efficiency Ratio   Efficiency Ratio Decline   




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