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Northern Trust Corporation

Financial Services US NTRS

173.26USD
4.81(2.86%)

Last update at 2026-06-04T18:02:00Z

Day Range

168.72173.63
LowHigh

52 Week Range

61.2889.25
LowHigh

Fundamentals

  • Previous Close 168.45
  • Market Cap16792.91M
  • Volume258603
  • P/E Ratio18.36
  • Dividend Yield3.60%
  • Revenue TTM6674.70M
  • Revenue Per Share TTM32.34
  • Gross Profit TTM 6749.20M
  • Diluted EPS TTM4.47

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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1766.30M 2010.10M 1627.60M 1944.10M 1957.80M
Minority interest - - - - -
Net income 1336.00M 1545.30M 1209.30M 1492.20M 1556.40M
Selling general administrative 2685.40M 2442.40M 2334.80M 2214.20M 2163.60M
Selling and marketing expenses 76.70M 65.50M 59.20M 104.20M 98.30M
Gross profit 6749.20M 6546.00M 5975.80M 6087.60M 5974.70M
Reconciled depreciation 553.60M 515.60M 500.30M 458.90M 460.90M
Ebit 2262.40M 2010.10M 1627.60M 1944.10M 2656.50M
Ebitda 2816.00M 2525.70M 2127.90M 2403.00M 3117.40M
Depreciation and amortization 553.60M 515.60M 500.30M 458.90M 460.90M
Non operating income net other - - - - -1.00000M
Operating income 2262.40M 2010.10M 1627.60M 1944.10M 2656.50M
Other operating expenses -4498.80000M -4454.40000M -4473.20000M -4129.00000M 4701.00M
Interest expense 990.50M 23.80M 200.30M 822.00M 698.70M
Tax provision 430.30M 464.80M 418.30M 451.90M 401.40M
Interest income 2877.70M 1406.50M 1643.50M 2499.90M 2321.40M
Net interest income 1887.20M 1382.70M 1443.20M 1677.90M 1622.70M
Extraordinary items - - - - 4.80M
Non recurring - - - - -
Other items - - - - -
Income tax expense 430.30M 464.80M 418.30M 451.90M 401.40M
Total revenue 6749.20M 6546.00M 5975.80M 6087.60M 5974.70M
Total operating expenses -4498.80000M -4454.40000M -4473.20000M -4129.00000M 4701.00M
Cost of revenue - - - 529.40M 739.40M
Total other income expense net -496.10000M -23.80000M -200.30000M -822.00000M -698.70000M
Discontinued operations - - - - -
Net income from continuing ops 1336.00M 1545.30M 1209.30M 1492.20M 1556.40M
Net income applicable to common shares 1282.40M 1490.60M 1153.10M 1445.80M 1489.90M
Preferred stock and other adjustments - 41.80M 56.20M 46.40M 46.40M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 150783.10M 155036.70M 183889.80M 170003.90M 136828.40M
Intangible assets 2099.10M - 1774.20M - 120.60M
Earning assets - - - - -
Other current assets 42054.00M -66730.30000M 35329.80M 24338.60M 53188.10M
Total liab 138885.20M 143777.20M 7235.00M 8601.00M 125737.40M
Total stockholder equity 11897.90M 11259.50M 12016.80M 11688.30M 11091.00M
Deferred long term liab - - - - -
Other current liab 22831.10M 218.90M 22.40M 62468.00M -7787.40000M
Common stock 11013.00M 10374.60M 11131.90M 10803.40M 9817.60M
Capital stock 1293.50M 11259.50M 1293.50M 1293.50M 1682.00M
Retained earnings 14233.80M 13798.50M 13117.30M 12207.70M 11656.70M
Other liab - 2365.00M 4177.50M 5536.60M 2507.40M
Good will 702.30M 691.30M 706.20M 707.20M 696.80M
Other assets - 147462.80M 34774.20M 23076.10M 25868.60M
Cash 41056.70M 4686.20M 3056.80M 4389.50M 4464.20M
Cash and equivalents - - - - -
Total current liabilities 26661.20M 136083.90M 164044.30M 62468.00M 7787.40M
Current deferred revenue - - - - -
Net debt -23820.60000M 7696.50M 4178.20M 4211.50M 7322.00M
Short term debt 3830.10M - - 62468.00M 7787.40M
Short long term debt - 0.00000M - - 7787.40M
Short long term debt total 17236.10M 12382.70M 7235.00M 8601.00M 11786.20M
Other stockholder equity -13095.90000M -12229.30000M -13081.70000M -12635.70000M -11462.00000M
Property plant equipment - 985.30M 488.70M 514.90M 483.30M
Total current assets 42054.00M 8293.60M 85185.10M 84628.20M 57524.50M
Long term investments 49311.50M 53600.60M 62735.60M 61077.50M 51161.10M
Net tangible assets - 7643.80M 10425.70M 10096.20M 9120.80M
Short term investments 10100.40M 26699.90M 13626.40M 19192.30M 13436.40M
Net receivables 212.60M 1698.30M 1941.20M 1160.20M 845.70M
Long term debt 13406.00M 12382.70M 7235.00M 8323.20M 10465.90M
Inventory -1746.90000M 68639.40M 11.00M 0.70M 3.20M
Accounts payable - 123932.10M 159928.40M 143878.00M 109120.60M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1137.90000M -1569.20000M -35.60000M 428.00M -194.70000M
Additional paid in capital - - - - -
Common stock total equity - - 408.60M 408.60M 408.60M
Preferred stock total equity - - 884.90M 884.90M 1273.40M
Retained earnings total equity - - 13117.30M 12207.70M 11656.70M
Treasury stock - - -3297.70000M -3204.50000M -3066.10000M
Accumulated amortization - - - - -
Non currrent assets other 7867.00M -55512.10000M -63930.50000M -62299.60000M -53435.30000M
Deferred long term asset charges - - - - -
Non current assets total 108729.10M -719.70000M 63930.50M 62299.60M 53435.30M
Capital lease obligations - - 663.10M - -
Long term debt total - - 7235.00M 8323.20M 10465.90M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 13803.40M 25929.80M -1305.00000M -8498.80000M 2152.90M
Change to liabilities - 0.00000M 29.40M 1.80M -94.30000M
Total cashflows from investing activities - 25929.80M -18602.60000M -29923.00000M -3405.00000M
Net borrowings - 7387.70M -973.20000M -2663.70000M -2406.90000M
Total cash from financing activities -7182.60000M -26437.40000M 16073.50M 27871.90M 615.90M
Change to operating activities - 869.90M -935.20000M -36.90000M 1080.10M
Net income 1107.30M 1336.00M 1545.30M 1209.30M 1492.20M
Change in cash 137.30M 1597.40M -1332.70000M -69.70000M -122.40000M
Begin period cash flow 4654.20M 3056.80M 4389.50M 4459.20M 4581.60M
End period cash flow 4791.50M 4654.20M 3056.80M 4389.50M 4459.20M
Total cash from operating activities 2625.60M 2392.40M 1356.00M 1896.80M 2592.00M
Issuance of capital stock - - 0.00000M 0.00000M 392.50M
Depreciation 634.60M 553.60M 515.60M 500.30M 458.90M
Other cashflows from investing activities - 22890.50M -10037.80000M -21288.40000M -5399.90000M
Dividends paid 663.30M 796.70M 625.10M 630.50M 576.10M
Change to inventory -44.40000M - 37.20M 25.40M -70.70000M
Change to account receivables 12.00M 57.90M -460.90000M 4.50M -50.30000M
Sale purchase of stock -347.50000M -35.40000M -267.60000M -699.80000M -1100.20000M
Other cashflows from financing activities -3867.10000M -25105.30000M 0.10M 1.20M 2292.20M
Change to netincome - -428.40000M 193.10M -16.60000M 1169.10M
Capital expenditures 675.80M 128.60M 95.50M 135.80M 158.00M
Change receivables - - -460.90000M 4.50M -50.30000M
Cash flows other operating - - 102.30M 108.60M -109.10000M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - -1173.10000M -154.30000M -197.10000M
Change in working capital -19.20000M 931.20M -898.00000M -11.50000M 1009.40M
Stock based compensation 118.20M 125.20M 7.30M 198.70M 45.40M
Other non cash items 774.50M -285.70000M 183.80M -16.40000M -448.20000M
Free cash flow 1949.80M 2263.80M 1260.50M 1761.00M 2434.00M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
NTRS
Northern Trust Corporation
4.81 2.86% 173.26 18.36 12.90 2.53 1.55
BLK
BlackRock Inc
26.27 2.65% 1017.14 26.25 19.57 6.33 2.90 6.35 17.13
BX
Blackstone Group Inc
7.77 7.05% 118.05 33.20 20.12 11.05 11.56 9.14 15.74
BN
Brookfield Corp
0.79 1.80% 44.67 94.78 11.89 1.35 2.37 4.58 10.79
IVSXF
Investor AB (publ)
- -% 40.41 20.83 - 0.88 1.11 10.01 1.68

Reports Covered

Stock Research & News

Profile

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, Asset Servicing and Wealth Management. The Asset Servicing 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; muti-asset and 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. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.

Northern Trust Corporation

50 South La Salle Street, Chicago, IL, United States, 60603

Key Executives

Name Title Year Born
Mr. Michael G. O'Grady Chairman & CEO 1966
Mr. Jason Jerrome Tyler Exec. VP & CFO 1972
Mr. Steven L. Fradkin Exec. VP & Pres of Wealth Management 1962
Mr. Peter B. Cherecwich Exec. VP & Pres of Asset Servicing 1965
Mr. Jim Ward Sr. Investment Officer & Sr. VP of Western Michigan Office NA
Mr. Ian Headon Head of Depositary Regulatory & Technical Services NA
Mr. Thomas A. South Exec. VP & Chief Information Officer 1970
Briar Rose VP of Investor Relations NA
Jennifer Childe C.F.A. Sr. VP & Director of Investor Relations NA
Ms. Susan Cohen Levy J.D. Exec. VP & Gen. Counsel 1958

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