NTRS - Northern Trust Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
89.73
-1.61 (-1.76%)
At close: 4:00PM EDT

89.85 +0.12 (0.13%)
After hours: 4:49PM EDT

Stock chart is not supported by your current browser
Previous Close91.34
Open91.34
Bid85.00 x 1400
Ask90.00 x 800
Day's Range89.43 - 91.76
52 Week Range75.96 - 115.61
Volume1,422,956
Avg. Volume1,246,782
Market Cap19.532B
Beta (3Y Monthly)1.17
PE Ratio (TTM)13.71
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.40 (2.63%)
Ex-Dividend Date2019-06-13
1y Target EstN/A
Trade prices are not sourced from all markets
  • Banks passing Fed stress test signals 'mark of confidence' in financial sector
    Yahoo Finance Video18 days ago

    Banks passing Fed stress test signals 'mark of confidence' in financial sector

    All 18 Wall Street banks cleared the second round of the Federal Reserve's stress test. Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Rick Newman discuss how the stress test has evolved over time and what it means for banks today.

  • Barrons.com4 days ago

    5 Stocks Poised to Raise Their Dividends Next Week

    Goldman Sachs, Morgan Stanley, and three other companies are among those expected to announce dividend increases next week, according to IHS Markit.

  • Markit7 days ago

    See what the IHS Markit Score report has to say about Northern Trust Corp.

    Northern Trust Corp NASDAQ/NGS:NTRSView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for NTRS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The $3.43 billion in inflows that ETFs holding NTRS received over the last one-month is a decline from earlier in the period and among the weakest of the past year. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • At US$91.67, Is It Time To Put Northern Trust Corporation (NASDAQ:NTRS) On Your Watch List?
    Simply Wall St.7 days ago

    At US$91.67, Is It Time To Put Northern Trust Corporation (NASDAQ:NTRS) On Your Watch List?

    Let's talk about the popular Northern Trust Corporation (NASDAQ:NTRS). The company's shares received a lot of...

  • Why Northern Trust (NTRS) is a Top Dividend Stock for Your Portfolio
    Zacks13 days ago

    Why Northern Trust (NTRS) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northern Trust (NTRS) have what it takes? Let's find out.

  • Financial Times13 days ago

    Woodford cash calls raise doubts over £150m Northern Trust loan

    Neil Woodford is facing further cash calls from his investment companies, raising doubts over his ability to repay a £150m overdraft facility from Northern Trust, the Chicago-based bank. After maxing out the overdraft in December, the board of Woodford Patient Capital Trust said last week that its borrowings had fallen from £149.97m at the end of last year to £126m on June 26 and it planned to cut the level to £75m within six months and to practically nothing within 12 months.

  • 3 Bank Stocks Set to Win Big From New Financial Rules
    Investopedia21 days ago

    3 Bank Stocks Set to Win Big From New Financial Rules

    In March 2008, Bear Stearns nearly collapsed. Then the financial crisis happened. Then financial regulation was heightened. A decade later, and the Senate Banking Committee is already trying to relax those very same regulations with a new bill that is headed to the Senate for a vote.

  • Reuters21 days ago

    UPDATE 2-Woodford fund managers exploited flawed EU rules - FCA head

    Neil Woodford's flagship fund took full advantage of flawed European Union rules before withdrawals had to be halted, Financial Conduct Authority Chief Executive Andrew Bailey said on Tuesday as he faced questions over the British regulator's role. The high profile suspension of the LF Woodford Equity Income Fund fund has raised questions about the FCA's competence at a sensitive time for Bailey, who is viewed as a leading candidate to replace Mark Carney as Bank of England governor next year. Hundreds of thousands of retail investors are unable to get their cash out of the fund run by Woodford, one of Britain's best known money managers, after it suspended withdrawals this month after a rise in redemptions.

  • Bloomberg22 days ago

    BofA, PNC Seen as Stress-Test Winners, Capital One as Losing

    (Bloomberg) -- The first round of the latest Federal Reserve stress tests, released last Friday after the market closed, was well received by Wall Street analysts, who said the results generally topped expectations.Bank of America Corp., PNC Financial Services Group and trust banks BNY Mellon Corp., Northern Trust Corp. and State Street Corp. were seen as relative winners, while the Fed’s harsh view of credit cards led to disappointment for Capital One Financial Corp.All eyes now turn to Thursday’s Comprehensive Capital Analysis and Review, known as CCAR, for banks’ capital plans.The biggest banks were mixed in early Monday trading, with BofA rising as much as 0.4%, Citigroup Inc. gaining as much as 0.2%, Goldman Sachs Group Inc. rallying as much as 1.2%, Wells Fargo & Co. dropping as much as 1% and JPMorgan Chase & Co. up 0.2%.Here’s a sample of the latest commentary:Morgan Stanley, Betsy GraseckAn “easier stress test is a positive for this week’s more important CCAR test,” Graseck wrote in a note. All 11 of Morgan Stanley’s covered banks passed, with Northern Trust, Goldman Sachs Group Inc., State Street, BNY Mellon, and Citigroup screening well versus Morgan Stanley’s capital return expectations. Capital One is most at risk.Citi, Keith HorowitzThe results offer a “green light for higher capital return for most banks,” Horowitz wrote in a note. He forecasts a total payout of 103% versus 97% last year, as banks look to be “on solid footing” on the Dodd-Frank Act stress test (DFAST) results.Citi views State Street Corp., PNC Financial Services Group, Northern Trust Corp., Bank of America Corp. and BNY Mellon Corp. as among those best positioned to exceed Street payouts. The results also imply that Capital One’s total payout will improve, though there’s risk buybacks will trail consensus estimates.Goldman, Richard RamsdenResults were “modestly better than expected,” as loss rates improved across trading and all loan categories, except for card and other consumer lending, Ramsden said in a note. Banks, with the possible exception of Capital One, look to be able to meet consensus estimated payouts.Goldman attributes increased card losses to “higher stress to unemployment relative to last year, as well as higher stress on subprime card due to a Fed methodology change.” Commercial real estate loss rates were most improved, though in-line with the 2016-2017 average loss rate. Trading losses fell across the banks to $80 billion from $105 billion, with State Street and BofA seeing the biggest improvement.Credit Suisse, Susan Roth Katzke“Manageable stress” for large-cap U.S. banks means that “more manageable stress capital buffers should follow,” Katzke wrote in a note. DFAST results indicate banks “have sufficient capacity for expected capital returns.”JPMorgan, Vivek JunejaThe results show an “increase in capital cushion at most of the large U.S. banks, and all of our banks remain well positioned to continue to return sizable amounts of capital.”Bloomberg Intelligence, Alison Williams, Neil Sipes“A solid pass across the largest U.S. banks, including units of foreign banks, in annual Dodd Frank Act stress tests should generally support payout plans, in our view. U.S. banks stressed capital ratios held above required minimums for participating banks. Stressed CET1 ratios were broadly better than in year-ago tests -- with the exceptions being Northern Trust and the U.S. unit of UBS.”Atlantic Equities, John HeagertyThe results “once again underline the robustness of the large U.S. banks’ balance sheets,” Heagerty wrote in a note. BofA “appears to do very well in 2019,” while Goldman also fared better than last year. “With these results, it’s difficult to see any objections arising to submitted capital returns.”KSP Research, Kevin St. PierreThe results were better than expected, with “widespread improvement in minimum CET1 ratios and sizeable cushions to allow for consensus capital return expectations,” St. Pierre wrote in a note.St. Pierre called Wells Fargo, BofA and PNC “relative winners,” as each saw “significant increases in CET1 minimums and large buffers to accommodate above-consensus capital return if they were aggressive in their ask.” Capital One was “the relative loser,” due to the Fed’s harsh view on cards.Recommends buying bank stocks, as they’re “a compelling value,” while cautioning that “investing around CCAR results has been ineffective.”Macquarie, David KonradU.S. banks under Macquarie coverage “performed well,” with higher minimum capital levels in every category except the leverage ratio for Wells Fargo. Lower loan loss rates and trading losses helped to improve capital ratios, while assumed growth rates in RWAs (risk-weighted assets) were lower. Trading and counter-party losses dropped, led by an “abnormally large” decline for BofA.Sees potential upside for Goldman Sachs and PNC with CCAR, while BofA and Wells Fargo “also shine.” Those two have the most excess capital above stressed requirements, and may report the strongest buybacks, with a total payout ratio of 146% for Wells and 112% for BofA.RBC, Gerard CassidyDFAST demonstrated that “under a supervisory severely adverse economic scenario ... the U.S. banking industry’s capital levels can withstand massive losses and still remain above well capitalized levels.”KBW, Brian KleinhanzlThe results were “less stressful than the prior year,” as banks “saw stress losses declining and modest improvements in net income before taxes.” As a result, only one bank, JPMorgan Chase & Co., “seems at risk of not meeting our capital return expectations.”KBW expects “fewer surprises in CCAR results on Thursday, which is a modest positive for the group overall.”Raymond James, David LongLong sees BNY Mellon and State Street as winners, “given the wide spread between their projections and the Fed’s.” He also sees BofA as a winner, as their results pave the way for them to increase the dividend payout closer to peers, and as “stock repurchases remain an attractive use of capital at current levels.”(Updates share trading in fourth paragraph.)To contact the reporter on this story: Felice Maranz in New York at fmaranz@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Low Rates World Has Northern Trust Banking On Stocks
    Bloomberg25 days ago

    Low Rates World Has Northern Trust Banking On Stocks

    (Bloomberg) -- Northern Trust Corp. is putting more of its $1.2 trillion stockpile into equities, on the expectation that lower interest rates will ensure that the U.S. economy avoids a recession and keep profit margins high.The firm is now heavily tilted in favor of stocks and high-yield bonds after last week increasing exposure to listed companies around the world, said Bob Browne, Northern Trust’s chief investment officer. Despite rallies that took gauges of U.S. equities and corporate bonds to record highs this week, there’s more money to be made as the Federal Reserve slashes borrowing costs by an expected 75 basis points this year, he said.“We’re in a low-rate, low-growth world,” said Browne, who’s been managing funds since the late 1980s. “The U.S. is a good place to have risk.”Since dialing back risk levels at the end of September, Northern Trust ramped up exposure again in January. The firm now has about 100 basis points of what it calls “active risk,” which is less than at the start of 2018 but still strongly tilted to risk assets, he said.Read how some believe it is too late to be bullish on equities“The preference is for an economy that continues to grow, where we think operating margins will remain high, that will avoid a recession,” Browne said in the interview in Sydney Thursday. “That makes us comfortable with having credit exposure and risk exposure overall. Despite trade risk -- a notable exception -- it’s supported by a pro-business, pro-risk president.”Even so, earnings gains may be unspectacular. Northern Trust expects U.S. growth at 1.6% to 1.7% and inflation at less than 2% over the next five years. That means just 5% average annual earnings growth, he predicts.To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Joanna OssingerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • BMO Harris ultra-high net worth unit gets new name and leader
    American City Business Journals26 days ago

    BMO Harris ultra-high net worth unit gets new name and leader

    BMO Wealth Management has rebranded its ultra-high-wealth division and named a new Chicago-based leader of the global division, Shannon Kennedy, who will be based in Chicago. Effective immediately, the unit formerly known as CTC/My CFO is being rebranded as BMO Family Office. BMO Harris is the parent of the newly-rebranded unit and of BMO Wealth Management.

  • Reuters29 days ago

    After Woodford fund suspension, focus turns to its stewards

    The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. While Woodford, one of Britain's highest profile money managers, picked the companies in which the LF Woodford Equity Income Fund invested, the fund's governance was overseen by a company with a much lower profile -- Link Fund Solutions. Link acts as Woodford's Authorised Corporate Director (ACD) and is the fund's legal owner.

  • Northern Trust (NTRS) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks29 days ago

    Northern Trust (NTRS) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northern Trust (NTRS) have what it takes? Let's find out.

  • Can You Imagine How Northern Trust's (NASDAQ:NTRS) Shareholders Feel About The 37% Share Price Increase?
    Simply Wall St.last month

    Can You Imagine How Northern Trust's (NASDAQ:NTRS) Shareholders Feel About The 37% Share Price Increase?

    When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...

  • Is Northern Trust Corporation (NTRS) A Good Stock To Buy?
    Insider Monkeylast month

    Is Northern Trust Corporation (NTRS) A Good Stock To Buy?

    A market surge in the first quarter, spurred by easing global macroeconomic concerns and Powell's pivot ended up having a positive impact on the markets and many hedge funds as a result. The stocks of smaller companies which were especially hard hit during the fourth quarter slightly outperformed the market during the first quarter. Unfortunately, […]

  • Here's Why Northern Trust (NTRS) is Worth Betting on Now
    Zackslast month

    Here's Why Northern Trust (NTRS) is Worth Betting on Now

    Northern Trust (NTRS) can be a promising buy right now, with robust fundamentals and long-term growth opportunities.

  • Comerica's Strategic Growth Initiatives Aid, Costs Increase
    Zackslast month

    Comerica's Strategic Growth Initiatives Aid, Costs Increase

    Comerica (CMA) benefits from its strong capital position, rising revenues and focus to improve efficiency. However, rising costs and lack of loan diversification pose concerns.

  • This is Why Northern Trust (NTRS) is a Great Dividend Stock
    Zacks2 months ago

    This is Why Northern Trust (NTRS) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northern Trust (NTRS) have what it takes? Let's find out.