Full text
Earnings transcript
Read the complete earnings call transcript.
NTRS
Northern Trust Corporation
$142.25
0.84
(0.59%)
| Exchange: | NASDAQ |
| Market Cap: | 26.434B |
| Shares Outstanding: | 170.556M |
About The Company
| Sector: | Financial Services | |||||
| Industry: | Asset Management | |||||
| CEO: | Michael Gerard O’Grady | |||||
| Full Time Employees: | 23400 | |||||
| Address: |
| |||||
| Website: | https://www.northerntrust.com |
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; 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.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 12,116,500 | 15,875,600 | 14,299,900 |
| Gross Profit | 6,749,000 | 8,293,400 | 8,085,800 |
| EBITDA | 2,099,400 | 3,376,300 | 3,214,800 |
| Operating Income | 1,464,800 | 2,659,500 | 2,331,500 |
| Net Income | 1,107,300 | 2,031,100 | 1,736,900 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 150,783,100 | 155,508,400 | 177,132,700 |
| Total Liabilities | 138,885,200 | 142,720,000 | 164,174,800 |
| Total Stockholders Equity | 11,897,900 | 12,788,400 | 12,957,900 |
| Total Debt | 17,236,100 | 15,993,500 | 16,427,500 |
| Cash and Cash Equivalents | 41,056,700 | 45,397,300 | 61,127,500 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 2,625,600 | -486,000 | 5,533,500 |
| Capital Expenditure | -675,800 | -745,500 | 0 |
| Free Cash Flow | 1,949,800 | -1,231,500 | 5,533,500 |
| Net Income | 1,107,300 | 2,031,100 | 1,736,900 |
| Net Change in Cash | 137,300 | -114,300 | 1,195,900 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 9,557,549.536 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 10,001,223.689 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 9,735,541.600 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 2,483,623.102 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 2,598,916.187 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 2,529,876.088 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 2,578,668.395 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 2,735,159.397 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 2,641,449.229 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 2,729,631.182 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 2,856,344.290 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 2,780,465.623 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 14.010 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 14.500 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 13.670 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: NTRS demonstrates consistent revenue and net income as reflected in recent income statements, with positive trends in operating cash flow and free cash flow from cash flow statements, indicating strong operational efficiency.
- Robust Balance Sheet: The balance sheet data highlights a healthy level of cash and cash equivalents alongside manageable total liabilities, with a reasonable debt-to-equity ratio (TTM) from key metrics, providing financial stability.
- Strong Market Position: As part of the financial services sector and asset management industry, NTRS benefits from a reputable brand and significant market capitalization, supported by company profile data indicating a substantial employee base and established operations.
- Dividend Yield: The key metrics show a competitive dividend yield (TTM), appealing to income-focused investors, with consistent dividend payments as evidenced by cash flow statements.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about NTRS valuation
Is Northern Trust Corporation (NTRS) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Northern Trust Corporation (NTRS) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NTRS a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NTRS trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is NTRS’s P/E ratio?
You can see NTRS’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for NTRS?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is NTRS a good long-term investment?
Whether NTRS fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
NTRS
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.59
Trading Metrics:
| Open: | 138.59 | Previous Close: | 141.41 | |
| Day Low: | 138.27 | Day High: | 142.91 | |
| Year Low: | 81.62 | Year High: | 157.6 | |
| Price Avg 50: | 143.65 | Price Avg 200: | 133.84 | |
| Volume: | 653092 | Average Volume: | 1.108M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeNTRS full analysis
Welcome to MARKETSNAP’s SWOT analysis for Northern Trust Corporation, also known by its ticker NTRS. If you’re a long-term investor looking to build wealth, you’ve come to the right place. Today, we’re diving deep into Northern Trust, a key player in the financial services space, to break down its strengths, weaknesses, opportunities, and threats. I’ll keep this conversational and packed with insights, so let’s get started with a quick overview of who they are and what’s been happening with them…
Could not create stock discussion for NTRS
