Northern Trust(NTRS)

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Northern Tool + Equipment Announces Partnership with Monster Jam®: Includes a Monster Jam Mini Build with Texas High School Students
Prnewswire· 2024-09-17 18:57
The partnership also makes Northern Tool + Equipment the official hardware retailer of tools and related equipment partner for Monster Jam BURNSVILLE, Minn., Sept. 17, 2024 /PRNewswire/ -- Northern Tool + Equipment and Monster Jam announced today they are teaming up for a three-year partnership that will include retail, business-to-business and online integration. The partnership includes becoming the official hardware retailer of tools and related equipment partner for Monster Jam and the announcement of t ...
Why Northern Trust Corporation (NTRS) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-09 14:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Northern Trust (NTRS) Rides on Organic Growth Amid High Costs
ZACKS· 2024-08-07 14:02
Northern Trust Corp. (NTRS) is well-poised for revenue growth on the back of steady loan demand. The company's capital distribution activities are backed by a strong liquidity profile. However, rising expenses and the current challenging macroeconomic environment are worrisome. Northern Trust's key strength lies in its organic growth, which is evident in its revenue and loan growth narrative. Revenues witnessed a CAGR of 3.5% over the last three years (2020-2023), driven by rising noninterest income and net ...
Northern Trust (NTRS) Q2 Earnings Beat on Increased Fee Income
ZACKS· 2024-07-17 16:30
Northern Trust Corporation's (NTRS) second-quarter 2024 earnings per share of $4.34 surpassed the Zacks Consensus Estimate of $1.75. The bottom line increased from $1.56 reported in the year-ago quarter. Results benefited from a rise in fee income. Also, an increase in total assets under custody (AUC) and assets under management (AUM) balances supported financials. Strong capital ratios were another positive. However, a rise in expenses and provisions were major headwinds. Revenues & Expenses Rise Quarterly ...
Northern Trust (NTRS) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-17 14:31
Northern Trust Corporation (NTRS) reported $2.72 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 54.5%. EPS of $1.78 for the same period compares to $1.79 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. | --- | |--------------------------------------------------- ...
Northern Trust Corporation (NTRS) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-17 13:36
Over the last four quarters, the company has surpassed consensus EPS estimates three times. Northern Trust shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 18.8%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. It will be inter ...
Northern Trust(NTRS) - 2024 Q2 - Quarterly Results
2024-07-17 11:14
Exhibit 99.3 Grace Higgins Second Vice President, Investor Relations (847) 946-9113 or grace.higgins@ntrs.com TABLE OF CONTENTS Fully taxable equivalent (FTE). Presentation on an FTE basis is a non-generally accepted accounting principle financial measure. Please refer to the Reconciliation to Fully Taxable Equivalent - Ratios on page 12 for further detail. Capital ratios for the current quarter are considered preliminary until the Form 10-Q is filed with the Securities and Exchange Commission. From April 1 ...
Insights Into Northern Trust (NTRS) Q2: Wall Street Projections for Key Metrics
ZACKS· 2024-07-12 14:21
The current level reflects an upward revision of 3.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Analysts predict that the 'Asset Servicing Trust, Investment and Other Servicing Fees- Total' will reach $658.95 million. The estimate points to a change of +6.1% from the year-ago quarter. The average prediction of analysts places 'Asset Servicing Trust, Inves ...
Fee Income to Aid Northern Trust (NTRS) in Q2 Earnings?
ZACKS· 2024-07-11 15:21
Northern Trust has a decent earnings surprise history. Its earnings beat estimates in three of the trailing four quarters and missed once, the positive surprise being 8.64%, on average. Key Factors & Estimates for Q2 As the Federal Reserve kept the interest rates steady during the quarter at a 23-year high of 5.25-5.5%, NTRS is less likely to have recorded significant improvement in NII. Also, the inverted yield curve in the June-ended quarter and high funding costs are expected to have weighed on NII growt ...
Northern Trust (NTRS) Upgraded to Buy: Here's Why
ZACKS· 2024-07-10 17:00
Investors might want to bet on Northern Trust Corporation (NTRS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street ...