(NTRS) Northern Trust - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6658591044

Stock:

Total Rating 49

Risk 56

Buy Signal -0.31

Asset Management -5.5
Asset Management & Custody Banks -5.8

Market Cap: 27,426m
Avg Trading Vol: 158M USD

ATR: 2.82%
Peers RS (IBD): 78.66

Risk 5d forecast
Volatility	30.7%
Relative Tail Risk	-11.6%

Reward TTM
Sharpe Ratio	0.83
Alpha	13.24

Character TTM
Beta	1.077
Beta Downside	1.473

Drawdowns 3y
Max DD	31.96%
CAGR/Max DD	0.57

EPS (Earnings per Share)

EPS CAGR: 8.70%
EPS Trend: 38.8%

Last SUE: 0.06
Qual. Beats: 0

Revenue

Rev. CAGR: 21.82%
Rev. Trend: 84.0%

Last SUE: 2.85
Qual. Beats: 1

Description: NTRS Northern Trust

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company provides asset management services, such as active and passive equity; active and passive fixed income; cash management; muti-asset and alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through 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. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 1.74b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.75 > 1.0
NWC/Revenue: -643.1% < 20% (prev -431.6%; Δ -211.5% < -1%)
CFO/TA 0.01 > 3% & CFO 2.51b > Net Income 1.74b
Net Debt (-44.70b) to EBITDA (3.21b): -13.90 < 3
Current Ratio: 0.41 > 1.5 & < 3
Outstanding Shares: last quarter (188.6m) vs 12m ago -4.81% < -2%
Gross Margin: 56.54% > 18% (prev 0.52%; Δ 5602 % > 0.5%)
Asset Turnover: 8.60% > 50% (prev 10.21%; Δ -1.61% > 0%)
Interest Coverage Ratio: 0.38 > 6 (EBITDA TTM 3.21b / Interest Expense TTM 6.21b)

Altman Z'' -2.92

A: -0.52 (Total Current Assets 63.78b - Total Current Liabilities 155.74b) / Total Assets 177.13b
B: 0.07 (Retained Earnings 12.66b / Total Assets 177.13b)
C: 0.01 (EBIT TTM 2.33b / Avg Total Assets 166.32b)
D: 0.15 (Book Value of Equity 24.15b / Total Liabilities 164.17b)
Altman-Z'' Score: -2.92 = D

Beneish M

DSRI: none (Receivables none/41.1m, Revenue 14.30b/15.88b)
GMI: 0.92 (GM 56.54% / 52.24%)
AQI: 1.01 (AQ_t 0.64 / AQ_t-1 0.63)
SGI: 0.90 (Revenue 14.30b / 15.88b)
TATA: -0.00 (NI 1.74b - CFO 2.51b) / TA 177.13b)
Beneish M-Score: cannot calculate (missing components)

What is the price of NTRS shares?

As of February 24, 2026, the stock is trading at USD 140.38 with a total of 1,003,921 shares traded.
Over the past week, the price has changed by -4.65%, over one month by -5.55%, over three months by +9.69% and over the past year by +27.85%.

Is NTRS a buy, sell or hold?

Northern Trust has received a consensus analysts rating of 2.87. Therefor, it is recommend to hold NTRS.

StrongBuy: 1
Buy: 1
Hold: 10
Sell: 1
StrongSell: 2

What are the forecasts/targets for the NTRS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	157.1	11.9%
Analysts Target Price	157.1	11.9%

NTRS Fundamental Data Overview February 21, 2026

P/E Trailing = 16.8824
P/E Forward = 14.556
P/S = 3.3885
P/B = 2.2587
P/EG = 1.234
Revenue TTM = 14.30b USD
EBIT TTM = 2.33b USD
EBITDA TTM = 3.21b USD
Long Term Debt = 13.52b USD (from longTermDebt, two quarters ago)
Short Term Debt = 12.94b USD (from shortTermDebt, last quarter)
Debt = 16.43b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -44.70b USD (from netDebt column, last quarter)
Enterprise Value = -19.93b USD (27.43b + Debt 16.43b - CCE 63.78b)
Interest Coverage Ratio = 0.38 (Ebit TTM 2.33b / Interest Expense TTM 6.21b)
EV/FCF = -11.62x (Enterprise Value -19.93b / FCF TTM 1.71b)
FCF Yield = -8.60% (FCF TTM 1.71b / Enterprise Value -19.93b)
FCF Margin = 11.99% (FCF TTM 1.71b / Revenue TTM 14.30b)
Net Margin = 12.15% (Net Income TTM 1.74b / Revenue TTM 14.30b)
Gross Margin = 56.54% ((Revenue TTM 14.30b - Cost of Revenue TTM 6.21b) / Revenue TTM)
Gross Margin QoQ = 58.84% (prev 57.07%)
Tobins Q-Ratio = -0.11 (set to none) (Enterprise Value -19.93b / Total Assets 177.13b)
Interest Expense / Debt = 9.04% (Interest Expense 1.49b / Debt 16.43b)
Taxrate = 26.48% (167.8m / 633.8m)
NOPAT = 1.71b (EBIT 2.33b * (1 - 26.48%))
Current Ratio = 0.41 (Total Current Assets 63.78b / Total Current Liabilities 155.74b)
Debt / Equity = 1.27 (Debt 16.43b / totalStockholderEquity, last quarter 12.96b)
Debt / EBITDA = -13.90 (Net Debt -44.70b / EBITDA 3.21b)
Debt / FCF = -26.07 (Net Debt -44.70b / FCF TTM 1.71b)
Total Stockholder Equity = 12.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 1.74b / Total Assets 177.13b)
RoE = 13.45% (Net Income TTM 1.74b / Total Stockholder Equity 12.91b)
RoCE = 8.82% (EBIT 2.33b / Capital Employed (Equity 12.91b + L.T.Debt 13.52b))
RoIC = 6.73% (NOPAT 1.71b / Invested Capital 25.49b)
WACC = 8.67% (E(27.43b)/V(43.85b) * Re(9.89%) + D(16.43b)/V(43.85b) * Rd(9.04%) * (1-Tc(0.26)))
Discount Rate = 9.89% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.43%
[DCF Debug] Terminal Value 75.69% ; FCFF base≈2.72b ; Y1≈2.72b ; Y5≈2.90b
Fair Price DCF = 481.2 (EV 44.97b - Net Debt -44.70b = Equity 89.67b / Shares 186.3m; r=8.67% [WACC]; 5y FCF grow -0.32% → 2.90% )
EPS Correlation: 38.81 | EPS CAGR: 8.70% | SUE: 0.06 | # QB: 0
Revenue Correlation: 84.00 | Revenue CAGR: 21.82% | SUE: 2.85 | # QB: 1
EPS next Quarter (2026-03-31): EPS=2.25 | Chg30d=+0.131 | Revisions Net=+8 | Analysts=13
EPS current Year (2026-12-31): EPS=10.04 | Chg30d=+0.539 | Revisions Net=+14 | Growth EPS=+14.9% | Growth Revenue=+5.7%
EPS next Year (2027-12-31): EPS=11.00 | Chg30d=+0.705 | Revisions Net=+12 | Growth EPS=+9.5% | Growth Revenue=+4.2%

Additional Sources for NTRS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle