Northern Trust Corporation

Northern Trust Corporation

NTRS
Northern Trust CorporationUS flagNASDAQ Global Select
171.40
USD
+2.20
- -
31.36BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.95
18.37
19.82
21.26
23.55
26.71
28.31
29.29
31.07
32.46
32.68
41.19
42.26
45.65
Basic EPS, GAAP
3.06
3.4
4.09
4.43
5.03
6.77
6.74
5.54
7.23
6.21
5.14
9.88
8.86
11.78
Free Cash Flow per Basic Share
1.9
2.23
6.03
4.55
5.47
5.65
9.29
6.42
4.04
8.01
9.41
-6.12
24.87
-1.17
Dividend per Share
0.92
1.28
1.5
1.57
1.78
2.02
2.69
3.03
3
3.82
3.2
3.2
3.31
3.42
Book Value per Share
33.34
34.54
36.27
38.88
41.28
43.95
46.82
51.87
53.58
49.78
53.69
60.74
64.79
68.41
Tangible Book Value per Share
31.06
32.25
33.98
36.61
38.6
40.9
43.49
48.47
50.18
46.46
50.27
57.2
60.97
64.54
Basic Weighted Avg Shares
239
236
232
228
228
223
215
208
208
208
207
201
191
187
Sales/Revenue/Turnover
4,057
4,331
4,603
4,839
5,375
5,960
6,073
6,101
6,464
6,761
6,774
8,290
8,086
8,527
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
318
336
352
373
422
461
459
500
516
554
635
717
779
788
Net Income, GAAP
731
812
974
1,032
1,199
1,556
1,492
1,209
1,545
1,336
1,107
2,031
1,737
2,241
Effective Tax Rate (%)
32
31.79
33.53
31.94
26.62
20.5
23.24
25.7
23.12
24.36
24.41
23.63
25.76
25.75
Profit Margin (%)
18.03
18.74
21.16
21.34
22.31
26.11
24.57
19.82
23.9
19.76
16.35
24.5
21.48
26.29
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
5,542
5,074
7,201
8,214
9,275
11,303
10,744
8,601
6,735
12,383
13,406
13,372
13,994
14,032
Total Equity
7,912
8,449
8,706
9,770
10,216
10,508
11,091
11,688
12,017
11,260
11,898
12,788
12,958
13,402
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
9.47
10.05
11.61
11.73
12.61
15.93
14.87
11.18
13.71
12.04
9.96
17.36
14.14
17.96

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
13,994
14,067
14,032
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
885
885
885
Shares Outstanding
186
185
183
Market Capitalization
25,452
25,827
31,805

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
76,603
60,171
68,102
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.16%
2.2%
1.33%
Free Cash Flow
-55.09%
-114.28%
-486.46%
Net Income, GAAP
9.5%
13.21%
-14.48%
Sales/Revenue/Turnover
6.01%
6.13%
-2.46%
Total Cash Common Dividend
7.08%
1.69%
-1.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,647
2,716
1,968
1,960
8,290
2025
1,940
1,998
2,025
2,123
8,086
2026
2,206
2,173
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.97
4.38
2.24
2.29
9.88
2025
1.93
2.16
2.32
2.46
8.86
2026
2.75
4.28
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.77
0.83
0.77
3.2
2025
0.83
0.77
0.88
0.82
3.31
2026
0.89
0.82
- -
- -
- -

Company Description

CEO
Michael Gerard O'Grady
Full Time Employees
23,800
Sector
Financial Services
Industry
Asset Management
Address
50 South La Salle Street Chicago IL United States of America 60603
IPO Date
Mar 17, 1980
Business
Northern Trust Corporation is a global financial services company specializing in wealth management, asset servicing, asset management, and banking solutions primarily for corporations, institutional investors, affluent families, and high-net-worth individuals. The company offers a comprehensive range of services including portfolio management; trust and estate services; investment management; bank deposit and lending solutions; global family and private investment offices; business owner services; foundations and endowment services; capital markets; securities lending; treasury and cash management; alternative asset services; retirement solutions; and sustainable investing. Northern Trust operates worldwide with offices in the United States, Canada, Europe, the Middle East, and the Asia-Pacific region. Founded in 1889 and headquartered in Chicago, Illinois, Northern Trust is recognized as one of the oldest and largest banking institutions in the U.S. Recently, Northern Trust implemented significant leadership changes effective October 1, 2024, as part of its One Northern Trust strategy to enhance operational excellence, scalability, and risk management. Key changes include the appointment of Peter B. Cherecwich from President of Asset Servicing to the newly created role of Chief Operating Officer, tasked with driving operational excellence, resiliency, and scalable growth. Teresa Parker deferred her retirement to continue as President of Asset Servicing. Additionally, David W. Fox Jr. was named Chief Financial Officer, and there have been leadership adjustments within wealth management including new heads for banking and specialized services. Northern Trust continues to invest in technology infrastructure and remains focused on long-term growth despite competitive pressures in its wealth management business. As of mid-2025, Northern Trust reported approximately $1.7 trillion in assets under management and $16.6 trillion in custody/administration. The company’s client base includes corporations, institutions, public pension funds, foundations, financial endowments, insurance companies, sovereign wealth funds, ultra-high-net-worth individuals, family offices, and private investment companies. Its industry focus spans asset servicing, investment operations outsourcing, risk and analytical services, fiduciary and trust services, and global banking solutions. Northern Trust leverages advanced technology platforms and sustainable investing approaches to deliver tailored solutions in asset management, wealth planning, and capital markets services. The firm operates through a network of multiple offices across 22 U.S. states, Washington D.C., Canada, Europe, the Middle East, and Asia-Pacific, supporting diversified geographic and client segments. Northern Trust continues to emphasize fiduciary stewardship and client-centric advisory services across its broad financial services portfolio.

Company News

  • BR Biopharma (NASDAQ:BRBI) versus Northern Trust (NASDAQ:NTRS) Head to Head Survey

  • CORRECTING and REPLACING Northern Trust Announces Chief Financial Officer Transition

  • Northern Trust Announces Chief Financial Officer Transition

  • Northern Trust to Convert $33 Billion in Mutual Funds to ETFs

  • Northern Trust Asset Management Plans to Convert Six Mutual Funds to ETFs

  • Northern Trust Wealth Management Expands Family Office Solutions Team in New York

  • Northern Trust Corporation to Webcast Third Quarter 2026 Earnings Conference Call

  • Northern Trust Corporation (NTRS) is a Top Dividend Stock Right Now: Should You Buy?

  • Northern Trust Expands Municipal Bond ETF Lineup with New York and California Tax-Exempt ETFs

  • Northern Trust Raises Prime Rate

  • Northern Trust Survey: Asset Managers Sharpen Focus on Core Capabilities to Drive Growth

  • Northern Trust Survey: Asset Managers Sharpen Focus on Core Capabilities to Drive Growth

  • Northern Trust Corporation (NTRS) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

  • J O Hambro Capital Management Selects Northern Trust as Sole Provider of Outsourced Trading Services

  • J O Hambro Capital Management Selects Northern Trust as Sole Provider of Outsourced Trading Services

  • Cynthia Brown Appointed President of The Northern Trust Company of Delaware

  • Cynthia Brown Appointed President of The Northern Trust Company of Delaware

  • Amundi Has $125.02 Million Position in Northern Trust Corporation $NTRS

  • NTRS Deepens APAC Asset Servicing Reach With Perpetual Tie-Up

  • Northern Trust Expands Retail Unit Trust Capabilities in Singapore