Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report quarterly earnings of $2.37 per share, reflecting a year-over-year increase of 4.9%, with revenues projected at $2.07 billion, up 5.8% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been adjusted upward by 1.3% over the past 30 days, indicating a reassessment by analysts [1]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock [2]. Key Metrics Projections - Analysts estimate 'Wealth Management Trust, Investment and Other Servicing Fees- Global Family Office' at $107.62 million, a 6.9% increase year-over-year [4]. - The total estimate for 'Wealth Management Trust, Investment and Other Servicing Fees' is $580.74 million, indicating a 6.2% year-over-year change [4]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Custody and Fund Administration' is projected to reach $488.71 million, reflecting a 7% increase year-over-year [5]. - The total for 'Asset Servicing Trust, Investment and Other Servicing Fees' is expected to be $720.83 million, up 6.7% from the previous year [5]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Securities Lending' is forecasted at $21.54 million, a 5.6% increase year-over-year [6]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Other' is expected to reach $43.18 million, indicating a 4.6% change from the year-ago quarter [6]. - 'Asset Servicing Trust, Investment and Other Servicing Fees- Investment Management' is estimated at $167.41 million, a 6.7% increase year-over-year [7]. - The 'Tier 1 Leverage Ratio' is projected at 7.6%, down from 8.1% a year ago [7]. - 'Average Balance-Total earning assets' is expected to be $142.52 billion, compared to $133.68 billion in the same quarter last year [8]. - 'Nonaccrual Loans and Leases' are projected at $64.77 million, up from $56.00 million in the same quarter last year [8]. - 'Net Interest Income - FTE Adjusted' is expected to reach $604.24 million, compared to $574.30 million in the previous year [9]. - 'Total Noninterest Income' is projected at $1.47 billion, up from $1.40 billion in the same quarter last year [9]. Stock Performance - Northern Trust shares have increased by 6.3% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2% [10]. - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [10].
Ahead of Northern Trust (NTRS) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics