Northern Trust (NTRS)
Financials · Custody and asset servicing
A global financial services leader providing asset servicing, wealth management, and asset management to institutions, families, and corporations.
What Northern Trust does
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking solutions. The company operates through two primary segments: Asset Servicing, which provides custody, fund administration, investment operations outsourcing, and related services to institutional clients globally; and Wealth Management, which serves high-net-worth individuals, families, and business owners with trust, investment management, and advisory services. As of December 31, 2025, Northern Trust had $177.1 billion in consolidated assets and managed or administered approximately $19 trillion in client assets.
Themes: ["Institutional asset management","Wealth management for HNW individuals","Global custody and administration","Retirement and pension fund services","Financial services infrastructure","Private wealth advisory"]
Fundamentals
- Price$182.86 as of 2026-07-09 close
- Market cap$34.1B as of 2026-07-10
- 1-year return+44.0% as of 2026-07-09 close
- P/E18.23 as of 2026-07-10
- Net margin+22.4% as of 2026-07-10
- Gross margin+100.0% as of 2026-07-10
- ROE+14.4% as of 2026-07-10
- Debt / equity12.02 as of 2026-07-10
- Revenue growth (YoY)-2.7% as of 2026-07-10
- Revenue CAGR (3y)+6.1% SEC XBRL
- Beta1.27 as of 2026-07-10
Dividend: yield +1.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to asset management fees tied to market valuations and client asset levels, which declined 1% in the first quarter of 2026 and are sensitive to market downturns","Dependence on net interest income and deposit funding, with deposits declining 2% year-over-year and regulatory pressures on capital ratios","Regulatory and compliance costs in operating globally across 22 international locations with complex client onboarding and anti-money laundering requirements"]
Competitors & peers
- The Depository Trust & Clearing Corporation (DTCC) - institutional asset services
- Bank of New York Mellon (BK) - global asset servicing and wealth management
- State Street (STT) - asset servicing and financial services
- Charles Schwab (SCHW) - wealth management and brokerage
- Goldman Sachs (GS) - wealth management and asset management
- Morgan Stanley (MS) - wealth management and asset management
- JP Morgan Chase (JPM) - banking, wealth management, and asset services
- Blackstone (BX) - alternative asset management
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.