Northern Trust (NTRS)

Company Profile

Northern Trust Corporation 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 a global presence with offices in 22 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2020, Northern Trust had assets under custody/administration of US$13.1 trillion, and assets under management of US$1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation.

Company profile

Ticker

NTRS, NTRSO

Exchange

NASDAQ

Website

www.northerntrust.com

CEO

Michael O'Grady

Incorporated

Delaware

Location

Illinois

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • Citizens Financial • Ally Financial • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • SVB Financial • Commerce Bancshares • First Citizens Bancshares, Inc • Hancock Whitney ...

SEC CIK

0000073124

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

The Northern Trust Company • Equity Data Science, Inc. • Equity Data Science India Private Limited • MFC Company, Inc. • Norlease, Inc. • Northern CDE Corporation • Northern Community Investments, LLC • TNT-APF NMTC Fund, LLC • TNT-Beacon Point NMTC Fund, LLC • TNT-BH NMTC Fund, LLC ...

IRS number

362723087

NTRS stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$91.50

Low target

$77.00

High target

$107.00

Latest filings (excl ownership)

View all

2 May 23

Submission of Matters to a Vote of Security Holders

27 Apr 23

8-K

Regulation FD Disclosure

25 Apr 23

8-K

Northern Trust Corporation Reports First Quarter Net Income of $334.6 Million, Earnings Per Diluted Common Share of $1.51

25 Apr 23

DEFA14A

Additional proxy soliciting materials

16 Mar 23

Annual report to shareholders

28 Feb 23

Northern Trust Corporation Reports Fourth Quarter Net Income of $155.7 Million, Earnings Per Diluted Common Share of $0.71

19 Jan 23

8-K

Amendments to Articles of Incorporation or Bylaws

18 Nov 22

Transcripts

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NTRS

Earnings call transcript

2023 Q1

25 Apr 23

NTRS

Earnings call transcript

2022 Q4

19 Jan 23

NTRS

Earnings call transcript

2022 Q3

19 Oct 22

NTRS

Earnings call transcript

2022 Q2

20 Jul 22

NTRS

Earnings call transcript

2022 Q1

27 Apr 22

NTRS

Earnings call transcript

2021 Q4

20 Jan 22

NTRS

Earnings call transcript

2021 Q3

20 Oct 21

NTRS

Earnings call transcript

2021 Q2

21 Jul 21

NTRS

Earnings call transcript

2021 Q1

20 Apr 21

NTRS

Earnings call transcript

2020 Q4

21 Jan 21

Latest ownership filings

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13F-HR

Quarterly holdings report by institutional manager

Becerra Jose Luis Prado

Financial summary

Financial statements Chart NTRS financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.83 bn	4.83 bn	4.83 bn	4.83 bn	4.83 bn	4.83 bn
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	54.97 mm	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	113.54 mm	n/a
Cash remaining	n/a	n/a	n/a	n/a	4.71 bn	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	85.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

NTRS institutional ownership history Ownership history

81.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	648	675	-4.0%
Opened positions	49	91	-46.2%
Closed positions	76	76	–
Increased positions	240	225	+6.7%
Reduced positions	216	230	-6.1%

13F shares	Current	Prev Q	Change
Total value	15.03 tn	15.20 tn	-1.1%
Total shares	170.49 mm	171.52 mm	-0.6%
Total puts	239.40 k	223.60 k	+7.1%
Total calls	316.80 k	323.20 k	-2.0%
Total put/call ratio	0.8	0.7	+9.2%

Largest owners	Shares	Value	Change
Vanguard	23.93 mm	$2.11 tn	+1.1%
BLK Blackrock	15.39 mm	$1.36 tn	-1.1%
FMR	10.46 mm	$921.91 bn	+7.5%
STT State Street	8.55 mm	$760.19 bn	-3.9%
AMP Ameriprise Financial	7.45 mm	$656.54 bn	-3.6%
NTRS Northern Trust	5.93 mm	$522.83 bn	-3.1%
Primecap Management	5.88 mm	$518.58 bn	+23.0%
American Century Companies	5.64 mm	$496.60 bn	-9.6%
GS Goldman Sachs	5.11 mm	$450.78 bn	+15.0%
Barrow Hanley Mewhinney & Strauss	5.11 mm	$450.22 bn	+17.8%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0.00	-1.52 mm	EXIT
Primecap Management	5.88 mm	+1.10 mm	+23.0%
Balyasny Asset Management	1.10 mm	+1.10 mm	NEW
JPM JPMorgan Chase & Co.	4.65 mm	-832.47 k	-15.2%
Barrow Hanley Mewhinney & Strauss	5.11 mm	+772.28 k	+17.8%
FMR	10.46 mm	+731.30 k	+7.5%
GS Goldman Sachs	5.11 mm	+668.01 k	+15.0%
American Century Companies	5.64 mm	-598.46 k	-9.6%
Empower Advisory	553.16 k	+553.16 k	NEW
Personal Capital Advisors	0.00	-512.72 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NTRS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Apr 23	Smith David Byron JR	Common Stock	Gift	Acquire G	Yes	No	0	2,700	0.00	40,487
25 Apr 23	Crown Susan	Common Stock Units	Grant	Acquire A	No	No	78.16	1,855	144.99 k	32,690.36
25 Apr 23	Harrison Dean M	Common Stock	Grant	Acquire A	No	No	0	1,855	0.00	22,487.09
25 Apr 23	Harrison Dean M	Common Stock	Grant	Acquire A	No	No	78.16	50.69	3.96 k	20,632.09
25 Apr 23	Bynoe Linda	Common Stock	Grant	Acquire A	No	No	0	1,855	0.00	30,396.39
25 Apr 23	Bynoe Linda	Common Stock	Grant	Acquire A	No	No	78.16	50.69	3.96 k	28,541.39
25 Apr 23	Powell Charles D	Common Stock	Sale back to company	Dispose D	No	No	80.8	1,343	108.51 k	0
25 Apr 23	Powell Charles D	Common Stock	Option exercise	Acquire M	No	No	0	1,343	0.00	1,343
25 Apr 23	Powell Charles D	Stock Units Common Stock	Grant	Acquire A	No	No	0	1,855	0.00	1,855
25 Apr 23	Powell Charles D	Stock Units Common Stock	Option exercise	Dispose M	No	No	0	1,343	0.00	0