Last $66.07 USD
Change Today +0.58 / 0.89%
Volume 1.5M
NTRS On Other Exchanges
Symbol
Exchange
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As of 8:10 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

northern trust corp (NTRS) Snapshot

Open
$65.50
Previous Close
$65.49
Day High
$66.19
Day Low
$65.41
52 Week High
03/21/14 - $67.17
52 Week Low
10/8/13 - $52.40
Market Cap
15.6B
Average Volume 10 Days
1.2M
EPS TTM
$3.00
Shares Outstanding
236.5M
EX-Date
09/3/14
P/E TM
22.0x
Dividend
$1.32
Dividend Yield
1.91%
Current Stock Chart for NORTHERN TRUST CORP (NTRS)

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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.

15,100 Employees
Last Reported Date: 07/16/14
Founded in 1889

northern trust corp (NTRS) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $975.0K
President, Chief Operating Officer, President...
Total Annual Compensation: $775.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $593.8K
President of Corporate & Institutional Servic...
Total Annual Compensation: $600.0K
Executive Vice President and President of Wea...
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2013.

northern trust corp (NTRS) Key Developments

Northern Trust Appoints Ghislaine Austin as Regional Head of Northern Trust Wealth Management in Atlanta

Northern Trust announced that Ghislaine Austin has been appointed to the role of Regional Head of Northern Trust Wealth Management in Atlanta. Austin will oversee the company's Wealth Management business in Georgia, with the strategic focus of continuing to serve clients and build the business in Georgia and the surrounding states. In her leadership capacity, Austin will also serve as a member of Northern Trust Wealth Management's East Region Operating Group and East Region Business Leadership Council. Austin is succeeding Bob Meier who recently retired after serving 11 years in that role. Austin joins Northern Trust with more than 30 years of wealth management experience, with specific expertise in serving the asset management needs of high-net-worth and institutional investors. Ghislaine will be based at Northern Trust's Atlanta office: 3282 Northside Parkway, NW, Suite 100, Atlanta Georgia 30327.

Northern Trust Corporation Plans to Open Operational Center in Phoenix, Arizona Area

Northern Trust Corporation announced that as part of the evolution of its operating model, the company established an operational facility in Manila, Philippines, and plan to expand its presence in the Phoenix, Arizona area with the opening of an operational center in 2015.

Northern Trust Corporation Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Net Charge-offs for the Second Quarter Ended June 30, 2014

Northern Trust Corporation reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s return on average common equity was 9.18%, compared to 10.02% in the prior year quarter and 9.3% in the prior quarter. Net income per diluted common share was $0.75 compared to $0.78 in the second quarter of 2013. Net income was $181.9 million, down $9.2 million, or 5%, from $191.1 million in the prior year quarter. Excluding the $42.3 million pre-tax charges and write-offs, net income per diluted common share and net income were $0.87 and $209.8 million, respectively. Revenue was $1,081.7 million against $1,020.5 million a year ago. Net interest income on a fully taxable equivalent (FTE) basis increased $25.4 million, or 11%, to $253.4 million compared to $228.0 million in the prior year quarter, due to higher levels of average earning assets, partially offset by a decrease in the net interest margin. Net interest income was $246.6 million against $220.1 million a year ago. Income before income taxes was $270.7 million against $285.8 million a year ago. Return on average assets was 0.71%, compared to 0.83% in the prior year quarter and 9.3% in the prior quarter. Book value per share was $34.14. Equipment and software expense totaled $116.1 million. For the six months, the company’s net interest income was $492.3 million against $446.2 million a year ago. Total revenue was $2,122.2 million against $1,996.9 million a year ago. Income before income taxes was $540.2 million against $528.3 million a year ago. Net income was $363.3 million or $1.50 per diluted share against $355.1 million or $1.45 per diluted share a year ago. Return on average common equity was 9.23% against 9.43% a year ago. Return on average assets was 0.72% against 0.78% a year ago. The company announced net charge-offs of $5.9 million for the second quarter ended June 30, 2014.

 

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NTRS

Industry Average

Valuation NTRS Industry Range
Price/Earnings 21.6x
Price/Sales 3.7x
Price/Book 1.9x
Price/Cash Flow 20.9x
TEV/Sales NM Not Meaningful
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