Northern Trust Corp NTRS

Morningstar Rating
$90.46 +1.89 (2.13%)
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Company Report

Price vs Fair Value

NTRS is trading at a 896% premium.
Price
$90.46
Fair Value
$39.00
Uncertainty
Medium
1-Star Price
$688.50
5-Star Price
$13.40
Economic Moat
Lmz
Capital Allocation
Whqvtzlhf

Bulls Say, Bears Say

Bulls

Northern Trust has built a strong wealth-management franchise. Its reputation and conservative capital allocation help its capture and retain ultrawealthy private banking clients. In addition, these wealth-management relationships are stickier and client AUM has less exposure to equities compared with other wealth managers.

Bears

Fee compression and lower margins in the asset-management industry will result in asset managers being more conscious of their costs, thus limiting the pricing power of custody banks.

News

Trading Information

Previous Close Price
$88.57
Day Range
$89.4990.53
52-Week Range
$62.4492.82
Bid/Ask
$89.42 / $91.39
Market Cap
$18.24 Bil
Volume/Avg
929,307 / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
14.63
Price/Sales
2.44
Dividend Yield (Trailing)
3.32%
Dividend Yield (Forward)
3.32%
Total Yield
6.22%

Company Profile

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2023, Northern Trust had assets under custody or administration of $15.4 trillion and assets under management of $1.4 trillion.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Mid Value
Total Number of Employees
23,100

Competitors

Valuation

Metric
NTRS
SEIC
Price/Earnings (Normalized)
14.6317.88
Price/Book Value
1.554.01
Price/Sales
2.444.63
Price/Cash Flow
4.3515.91
Price/Earnings
NTRS
SEIC

Financial Strength

Metric
NTRS
SEIC
Quick Ratio
6.06
Current Ratio
6.32
Interest Coverage
1,046.72
Quick Ratio
NTRS
SEIC

Profitability

Metric
NTRS
SEIC
Return on Assets (Normalized)
1.01%21.64%
Return on Equity (Normalized)
13.93%24.85%
Return on Invested Capital (Normalized)
22.96%
Return on Assets
NTRS
SEIC

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1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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TROW
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CG
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