Key facts
- 52-week range (closes)
- $122.72 – $191.47 Lowest close Nov 17, 2025, highest Aug 17, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Jan 30, 1998 · All S&P 500 changes
- Analyst coverage
- 1 open price target from 1 firm: RBC Capital Markets Approved targets tracked here; see the analyst section below
Northern Trust (NTRS) is trading up at $165.44 (+0.60%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on NTRS
One firm's current price target on Northern Trust: $178 — 8% above the current $165. Each is tracked to its date and scored the same way a member's call is.
- RBC Capital Markets $178 → $178 by Jul 2027 Jul 23, 2026 via Investing.com · RBC Capital Markets's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Northern Trust revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.96B | $5.38B | $5.96B | $6.07B | $6.10B | $6.46B | $6.76B | $6.77B | $8.29B | $8.09B |
| Growth (year over year) | +5.5% | +8.3% | +10.9% | +1.9% | +0.5% | +6.0% | +4.6% | +0.2% | +22.4% | −2.5% |
| Net income | $1.03B | $1.20B | $1.56B | $1.49B | $1.21B | $1.55B | $1.34B | $1.11B | $2.03B | $1.74B |
| Net margin | 20.8% | 22.3% | 26.1% | 24.6% | 19.8% | 23.9% | 19.8% | 16.3% | 24.5% | 21.5% |
| EPS (diluted) | $4.32 | $4.92 | $6.64 | $6.63 | $5.46 | $7.14 | $6.14 | $5.08 | $9.77 | $8.74 |
| Balance sheet | ||||||||||
| Cash and equivalents | $5.33B | $4.52B | $4.58B | $4.46B | $4.39B | $3.06B | $4.65B | $4.79B | $4.68B | $5.87B |
| Total assets | $123.9B | $138.6B | $132.2B | $136.8B | $170.0B | $183.9B | $155.0B | $150.8B | $155.5B | $177.1B |
| Total liabilities | $114.2B | $128.4B | $121.7B | $125.7B | $158.3B | $171.9B | $143.8B | $138.9B | $142.7B | $164.2B |
| Shareholders' equity | $9.77B | $10.2B | $10.5B | $11.1B | $11.7B | $12.0B | $11.3B | $11.9B | $12.8B | $13.0B |
| Cash flow | ||||||||||
| Operating cash flow | $1.51B | $1.72B | $1.77B | $2.59B | $1.90B | $1.36B | $2.39B | $2.63B | −$486.0M | $5.53B |
| Capital expenditure | $111.3M | $91.6M | $97.6M | $158.0M | $135.8M | $95.5M | $128.6M | $116.5M | $101.5M | $74.0M |
| Free cash flow | $1.40B | $1.63B | $1.67B | $2.43B | $1.76B | $1.26B | $2.26B | $2.51B | −$587.5M | $5.46B |
| Dividends paid | $333.0M | $356.8M | $405.4M | $529.7M | $584.6M | $583.3M | $750.2M | $621.5M | $602.3M | $591.6M |
| Share buybacks | $411.1M | $523.1M | $924.3M | $1.10B | $299.8M | $267.6M | $35.4M | $347.5M | $937.8M | $1.27B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.97B | $1.96B | $1.94B | $2.00B | $2.03B | $2.12B | $2.21B | $2.70B |
| Growth (year over year) | +14.0% | +26.8% | +17.8% | −26.4% | +2.9% | +8.3% | +13.7% | +35.0% |
| Net income | $464.9M | $455.4M | $392.0M | $421.3M | $457.6M | $466.0M | $525.5M | $792.2M |
| Net margin | 23.6% | 23.2% | 20.2% | 21.1% | 22.6% | 21.9% | 23.8% | 29.4% |
| EPS (diluted) | $2.22 | $2.25 | $1.90 | $2.13 | $2.29 | $2.42 | $2.71 | — |
| Balance sheet | ||||||||
| Cash and equivalents | $6.87B | $4.68B | $4.37B | $6.42B | $5.35B | $5.87B | $5.82B | $5.74B |
| Total assets | $155.8B | $155.5B | $165.1B | $171.9B | $170.3B | $177.1B | $174.6B | $179.3B |
| Total liabilities | $143.0B | $142.7B | $152.2B | $159.0B | $157.3B | $164.2B | $161.6B | $165.9B |
| Shareholders' equity | $12.7B | $12.8B | $12.9B | $12.9B | $13.0B | $13.0B | $13.0B | $13.4B |
| Cash flow | ||||||||
| Operating cash flow | $611.1M | −$2.63B | $2.75B | $1.87B | $525.8M | $388.4M | −$320.0M | −$64.9M |
| Capital expenditure | $25.7M | $40.7M | $12.4M | $12.4M | $16.4M | $32.8M | $9.40M | $25.4M |
| Free cash flow | $585.4M | −$2.68B | $2.74B | $1.86B | $509.4M | $355.6M | −$329.4M | −$90.3M |
| Dividends paid | $149.2M | $147.6M | $146.1M | $144.0M | $151.9M | $149.6M | $148.5M | $146.9M |
| Share buybacks | $301.4M | $253.6M | $287.2M | $339.4M | $277.0M | $369.9M | $358.9M | $350.6M |
From Northern Trust's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Northern Trust vs the Financials sector and the S&P 500
Northern Trust's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Northern Trust | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | −2.5% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 21.5% | 19.3% | 12.9% |
| Dividend per share, latest fiscal year | $3.10 | $2.35 | $2.40 |
| Share price change, 1 year | +28.4% | +8.9% | +7.5% |
Northern Trust: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Northern Trust included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 61/349, 1-year price change 75/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 61 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
About Northern Trust
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra-high-net-worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody. Northern Trust Corporation is incorporated in Delaware.
Source: Wikipedia — Northern Trust
- Headquarters
- Chicago, Illinois From SEC filings, Oct 2026
Recent News (15)
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Northern Trust CFO Dave Fox to retire in early 2027
Northern Trust CFO Dave Fox to retire in early 2027
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Northern Trust delivers 66% return after Fair Value signal
Northern Trust delivers 66% return after Fair Value signal
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Northern Trust Stock: Is NTRS Outperforming the Financial Sector?
Northern Trust Stock: Is NTRS Outperforming the Financial Sector?
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Northern Trust (NTRS) Won a £3.6B Pension Mandate. Can it Move Fee Growth?
Northern Trust (NTRS) Won a £3.6B Pension Mandate. Can it Move Fee Growth?
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Northern Trust's NII Rises 11% in Q2: Can Momentum Persist in 2026? Northern Trust's NII Rises 11% in Q2: Can Momentum Persist in 2026? The Globe and Mail
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Northern Trust (NTRS) Deepens Its Bet On Digital Assets
Northern Trust (NTRS) Deepens Its Bet On Digital Assets
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Northern Trust Stock: Is Wall Street Bullish or Bearish?
Northern Trust Stock: Is Wall Street Bullish or Bearish?
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Why Northern Trust Nixed the FlexShares Name
Why Northern Trust Nixed the FlexShares Name
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Northern Trust ties up with Lukka on digital asset reporting Northern Trust ties up with Lukka on digital asset reporting
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Northern Trust stock downgraded by RBC on valuation concerns Northern Trust stock downgraded by RBC on valuation concerns
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Northern Trust (NTRS) Q2 2026 Earnings Call Transcript Northern Trust (NTRS) Q2 2026 Earnings Call Transcript
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Northern Trust Corporation Q2 2026 Earnings Call Summary Northern Trust Corporation Q2 2026 Earnings Call Summary
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Northern Trust Q2 Earnings Call Highlights Northern Trust Q2 Earnings Call Highlights
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Northern Trust quarterly profit jumps on Visa gain, strong fee income Northern Trust quarterly profit jumps on Visa gain, strong fee income Reuters
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Northern Trust shares edge higher after strong second-quarter results driven by Visa gain (NASDAQ:NTRS) Northern Trust shares edge higher after strong second-quarter results driven by Visa gain (NASDAQ:NTRS)
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