Last $65.38 USD
Change Today -1.02 / -1.54%
Volume 1.6M
NTRS On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

northern trust corp (NTRS) Snapshot

Open
$65.52
Previous Close
$66.41
Day High
$66.67
Day Low
$64.32
52 Week High
09/18/14 - $70.84
52 Week Low
04/15/14 - $58.30
Market Cap
15.4B
Average Volume 10 Days
1.7M
EPS TTM
$3.37
Shares Outstanding
235.5M
EX-Date
03/4/15
P/E TM
19.4x
Dividend
$1.32
Dividend Yield
1.99%
Current Stock Chart for NORTHERN TRUST CORP (NTRS)

northern trust corp (NTRS) Related Businessweek News

View More BusinessWeek News

northern trust corp (NTRS) Details

Northern Trust Corporation, through its subsidiaries, provides investment management, asset and fund administration, banking solutions, and fiduciary services for corporations, institutions, and affluent individuals worldwide. Its Corporate and Institutional Services unit provides asset servicing and related services, including trust and custody, fund administration, investment operations outsourcing, investment risk and analytical services, securities lending, foreign exchange, cash management, treasury management, brokerage services, and transition management services. This unit also offers brokerage, banking, and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The company’s Wealth Management unit offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This unit serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. Its Asset Management unit offers active and passive equity and fixed income portfolio management services; alternative asset classes, such as private equity and hedge funds of funds; and multi-manager advisory services and products to institutional and individual 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. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

15,400 Employees
Last Reported Date: 01/21/15
Founded in 1889

northern trust corp (NTRS) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $975.0K
President
Total Annual Compensation: $775.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $600.0K
President of Wealth Management
Total Annual Compensation: $600.0K
President of Corporate and Institutional Serv...
Total Annual Compensation: $593.8K
Compensation as of Fiscal Year 2013.

northern trust corp (NTRS) Key Developments

Northern Trust Corporation Declares Quarterly Dividends for Common and Preferred Stock Payable on April 1, 2015

Northern Trust Corporation has declared a quarterly cash dividend of $0.33 per share on its common stock, payable on April 1, 2015 to stockholders of record on March 6, 2015. The company also declared a quarterly cash dividend of $365.625 per share of 5.85% Series C non-cumulative perpetual preferred stock (resulting in a distribution of approximately $0.365625 per depositary share) payable on April 1, 2015 to stockholders of record on March 15, 2015.

Northern Trust Corporation Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2014

Northern Trust Corporation announced consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income per diluted common share of $0.98, up from $0.70 in the fourth quarter of 2013 and $0.84 in the third quarter of 2014. Net income was $244.0 million, compared to $169.7 million in the prior year quarter and $204.5 million in the prior quarter. Return on average common equity was 11.5%, compared to 8.7% in the prior year quarter and 10.1% in the prior quarter. Net interest income was $263.9 million against $249.9 million a year ago. Total revenue was $1,130.1 million against $1,045.2 million a year ago. Income before income taxes was $345.8 million against $245.7 million a year ago. Return on average assets was 0.90% against 0.68% a year ago. Excluding the current quarter income tax benefit, net income per diluted common share and net income were $0.94 and $234.5 million. Excluding the prior year quarter legal settlement charge, net income per diluted common share and net income in the prior year quarter were $0.75 and $181.6 million, respectively. Equipment and software expense totaled $103.5 million, up 5% from $98.6 million in the prior year quarter. Excluding the income tax benefit, net income per diluted common share, net income and return on average common equity in the current quarter were $0.94, $234.5 million and 11.0%. For the full year, the company reported net income per diluted common share for the full year was $3.32, compared to $2.99 in 2013. Net income for 2014 totaled $811.8 million, up $80.5 million, or 11%, from the prior year’s $731.3 million. Net interest income was $1,005.5 million against $933.1 million a year ago. Total revenue was $4,331.2 million against $4,089.3 million a year ago. Income before income taxes was $1,190.2 million against $1,075.5 million a year ago. Return on average assets was 0.78 % against 0.77% a year ago. Return on average common equity was 10.02% against 9.54% a year ago. Net interest income on an FTE basis in 2014 totaled $1.03 billion, an increase of $69.3 million, or 7%, from $965.6 million in 2013, due to higher levels of average earning assets, partially offset by a decline in the net interest margin to 1.08% in 2014 from 1.13% in 2013. Book value per share was $34.54. The company announced net charge-offs of $5.4 million for the fourth quarter ended December 31, 2014.

Northern Trust Corporation Enhances Asset-Liability Reporting Solutions

Northern Trust Corporation has enhanced its suite of asset-liability reporting solutions for pension funds offering more insight in to their own risk exposure. The analytics will be provided from RiskFirst's web-based platform, PFaroe, and integrated with Northern Trust's global operating platform. Northern Trust's pension fund clients can monitor and evaluate a portfolio's risk and performance by profiling assets and liabilities side by side in the same framework, helping facilitate investment decisions. Northern Trust's integrated risk management platform provides end to end operational support to include data loading, daily position maintenance and asset modeling alongside secure data storage, a flexible reporting portal and a global team of experienced investment risk consultants.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NTRS:US $65.38 USD -1.02

NTRS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Invesco Ltd $36.73 USD -1.04
M&T Bank Corp $113.16 USD -2.24
Regions Financial Corp $8.70 USD -0.15
Schroders PLC 2,898 GBp -9.00
T Rowe Price Group Inc $78.72 USD -0.47
View Industry Companies
 

Industry Analysis

NTRS

Industry Average

Valuation NTRS Industry Range
Price/Earnings 19.7x
Price/Sales 3.5x
Price/Book 1.9x
Price/Cash Flow 18.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORTHERN TRUST CORP, please visit www.northerntrust.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.