Northern Trust
NASDAQ: NTRS
Stock price
168.9 USD
(+37.27%) 5 years
Financial Performance
5Y price score: 57
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 167.9%
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121.5
52-week range
195.7
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
(0.7) %
Dividend Yield TTM
1.9 %
Market cap $
$ 30,901
Price / Earnings TTM
13.2
Price / Book TTM
2.3
PEG TTM
(1.3)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
35 %
49.2 %
167.9 %
Free cash flow per share growth
(55.3) %
352.8 %
384 %
Earnings per share growth
48.5 %
60.1 %
119 %
Founded: 1,889
Employees: 23,400
Business Summary:
Q&A
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Latest Earnings Call Takeaways
2026 Q3 (Oct 21, 2026)
1) Strong Financial Performance
- Northern Trust reported a net income of $642.9 million and earnings per share of $3.40, reflecting a 40% YoY increase.
- Revenue grew 11% YoY, driven by 8% growth in trust fees, 14% growth in net interest income, and 38% growth in capital markets revenues.
- Pre-tax income rose 21%, with a pre-tax margin of 34.9%.
- The company returned over $500 million to shareholders in Q3 and $1.5 billion year-to-date.
2) Business Segment Highlights
- Wealth Management: Fees increased 9% YoY, with assets under management reaching $536 billion. Global Family Office fees rose 16%.
- Asset Servicing: Assets under custody were $20 trillion, up 9% YoY. Pre-tax margin exceeded 30%, with a focus on expanding relationships with complex asset managers.
- Asset Management: Continued positive ETF flows and launched 10 new ETFs. The firm plans to convert $33 billion in assets into ETFs in Q1 2027.
3) Operational Efficiency and AI Integration
- The company achieved over 600 basis points of positive operating leverage through disciplined expense management, with expenses rising only 5% YoY.
- AI initiatives are enhancing productivity, with relationship managers saving 2 to 3 hours per client memo.
- The firm is focused on building capabilities in digital assets and enhancing client onboarding processes through AI.
4) Strategic Growth Initiatives
- Northern Trust is executing its One Northern Trust strategy, integrating services across business lines to deepen client relationships.
- The company is investing in talent and expanding its alternatives offering, with year-to-date fundraising surpassing 2025 levels.
- Future growth is anticipated in digital assets, with new products like the Northern Institutional Funds Stablecoin Cash Reserves Portfolio launched to meet evolving client needs.
5) Guidance and Market Outlook
- For Q4, Northern Trust expects net interest income to increase 8%-9% YoY and total revenue to rise 6%-7%.
- The effective tax rate is projected to be around 25% moving forward.
- The company is well-positioned to continue its growth trajectory despite potential market headwinds, with a strong capital position and ongoing investments in strategic initiatives.
Bottom line: Northern Trust's robust financial performance, strategic growth initiatives, and focus on operational efficiency position it well for sustained growth, making it an attractive investment for shareholders despite potential market fluctuations.
Annual Reports, Presentations And IR Contacts
Go to the websiteNorthern Trust — Financial Overview, Stock Price, Market Cap
Northern Trust is a company. Founded in 1889. As of October 30, 2026, the company's market capitalization is $30901268400 with a current stock price of $168.90.