Mr. Steven L. Fradkin

Executive Vice President & Pres of Wealth Management

Ms. Susan Cohen Levy J.D.

Executive Vice President & Gen. Counsel

Mr. Ian  Headon

Head of Depositary Regulatory & Technical Services

Mr. Michael G. O'Grady

Chairman & Chief Executive Officer

Mr. Thomas A. South

Executive Vice President & Chief Information Officer

Briar  Rose

Vice President of Investor Relations

Mr. Jason Jerrome Tyler

Executive Vice President & Chief Financial Officer

Mr. Jim  Ward

Senior Investment Officer & Sr. Vice President of Western Michigan Office

Mr. Peter B. Cherecwich

Executive Vice President & Pres of Asset Servicing

Mr. Michael Gerard O'Grady

K. Kelly Mannard

Chief Marketing & Communications Officer

Jennifer  Childe C.F.A.

Senior Vice President & Director of Investor Relations

Ms. Alexandria  Taylor

Executive Vice President & Chief HR Officer

Alexandria  Taylor

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.

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The May 2023 Heat Map

A dismal fee income performance, and higher provisions and non-interest expenses hurt Northern Trust's (NTRS) Q1 earnings. A rise in net interest income, driven by higher rates, acts as a tailwind.

Northern Trust (NTRS) Q1 Earnings Meet, Revenues Lag Estimates

While the top- and bottom-line numbers for Northern Trust Corporation (NTRS) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Northern Trust Corporation (NTRS) Q1 Earnings: A Look at Key Metrics

Earnings came in line with analyst estimates, while revenue slightly missed. The bank saw fee revenue decline on a year-over-year basis.

Why Shares of Northern Trust Are Falling Today

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.77 per share a year ago.

Northern Trust Corporation (NTRS) Q1 Earnings Meet Estimates

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Northern Trust Corporation

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