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Northern Trust Corp - NTRS STOCK NEWS

Welcome to our dedicated page for Northern Trust news (Ticker: NTRS), a resource for investors and traders seeking the latest updates and insights on Northern Trust stock.

Northern Trust Corporation (NASDAQ: NTRS) is a prominent provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has expanded its presence globally with offices in 20 U.S. states and Washington, D.C., as well as 23 international locations in Canada, Europe, the Middle East, and the Asia-Pacific region.

As of December 31, 2023, Northern Trust boasts assets under custody or administration of $15.4 trillion and assets under management amounting to $1.4 trillion. This impressive portfolio underscores Northern Trust’s status as a leader in the financial services industry, renowned for its exceptional service, financial expertise, integrity, and continuous innovation over more than 125 years.

Northern Trust is committed to providing comprehensive financial solutions that meet the diverse needs of its clients. Its wealth management services include investment management, trust and estate planning, and private banking. The asset servicing division offers custody, fund administration, and middle office outsourcing for institutional clients. Additionally, Northern Trust’s asset management division delivers a broad range of investment solutions designed to meet the financial objectives of institutional and individual investors.

Recent achievements highlight Northern Trust's ongoing commitment to innovation and inclusivity. For instance, the Northern Trust Ireland team recently hosted the Guidance and Industry Network (GaIN) event, focusing on modern-day recruitment campaigns and inclusive hiring strategies. Moreover, Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, supporting efforts to bridge the gap between black undergraduate students and professionals.

Northern Trust’s dedication to diversity and community engagement is evident through its partnerships with organizations like Dublin City University and the 30% Club Ireland, aiming to achieve better gender balance for enhanced business outcomes. The firm continues to invest in talent development, offering various career opportunities and fostering a collaborative, team-oriented environment.

For those looking to invest, Northern Trust represents a stable and innovative option within the financial services sector, with a strong track record of adapting to market changes and maintaining long-term client relationships. Stay updated with the latest news and developments from Northern Trust to make informed investment decisions.

Latest News:

  • January 23, 2024 - Northern Trust hosted the GaIN event in Ireland, in collaboration with Dublin City University, focusing on career guidance and inclusive hiring strategies.
  • February 9, 2024 - Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, bridging the gap between students and professionals.
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Northern Trust appoints Nick Gilbert as Head of Global Fund Services, EMEA, effective April 1, 2024. Gilbert will lead asset servicing solutions for global investment managers in the EMEA region. Services include fund administration, global custody, and investment operations outsourcing.
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Northern Trust appoints Olivier Noël as Country Head of Luxembourg and CEO of Northern Trust Global Services SE, reinforcing its presence in Luxembourg and European fund opportunities.
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Northern Trust (NTRS) appointed as the sole asset servicing provider for Sanlam Asset Management (Ireland) Limited's US$8.7 billion investment management platform. SAMI manages funds domiciled in Ireland for institutional and retail clients, offering a variety of high-conviction strategies across equities, fixed income, and alternative asset classes.
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Northern Trust Ireland Team Achieves Business in the Community Ireland Mark for Sustainability Commitment
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Northern Trust Corporation will webcast its first quarter earnings conference call on April 16, 2024, at 8:00 a.m. CT. The call follows the release of Northern Trust’s first quarter 2024 earnings press release.
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Northern Trust (NTRS) sponsors and partners with the Black Professionals & Leaders Dinner at Arizona State University, emphasizing support for black undergraduate students and working professionals. Executives LaDonna Corn and Gretchen E.F. Williams share valuable insights with students, encouraging self-belief and perseverance.
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Northern Trust Corporation's CFO and President of Asset Servicing to participate in RBC 2024 Capital Markets Conference in New York City. The event will be live webcasted on March 6th, 2024, at 4:00 p.m. (ET).
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The final quarter of 2023 saw a strong rally in financial markets, with the median return for institutional asset owners in the Northern Trust All Funds Over $100 million plan universe at 7.3% for the quarter ending December 31, 2023. The Northern Trust Universe tracks the performance of 406 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion. The U.S. Equity Program universe generated an 8.5% median return for the fourth quarter, and the U.S. Fixed Income program universe median return was 5.3% for the quarter. The U.S. ten-year government bond yield fell from 4.59% to 3.88% during the quarter. The Northern Trust Corporate (ERISA) universe median return for the quarter was 9.5%, while the Northern Trust Public Funds universe median return was 6.4%, and the Northern Trust Foundation and Endowment (F&E) universe produced a 5.5% median return. The median one-, three- and five-year returns for the ERISA, Public Funds, and Foundations & Endowments universes were also provided.
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Northern Trust appoints Clive Bellows as President of Europe, Middle East and Africa, succeeding Teresa Parker, who is retiring after a 42-year career at the company. Bellows will bring his extensive experience in global fund services and private capital business lines to lead the EMEA region, pending regulatory approval.
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Northern Trust Canada Universe reported a median return of 8.4% for Q4 2023, supporting an annual return of 10.0%. Despite early geopolitical tensions, a shift in monetary policy and positive economic fundamentals allowed equity and bond markets to close the year on a strong note. Canadian pension plans focused on complex asset strategies to enhance portfolio diversification and drive long-term sustainability of their investment programs.
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FAQ

What is the current stock price of Northern Trust (NTRS)?

The current stock price of Northern Trust (NTRS) is $106.87 as of January 17, 2025.

What is the market cap of Northern Trust (NTRS)?

The market cap of Northern Trust (NTRS) is approximately 21.6B.

What does Northern Trust Corporation do?

Northern Trust provides wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals.

When was Northern Trust founded?

Northern Trust was founded in 1889 in Chicago.

How extensive is Northern Trust’s global presence?

Northern Trust has offices in 20 U.S. states and Washington, D.C., as well as 23 international locations in Canada, Europe, the Middle East, and the Asia-Pacific region.

What are the current assets under custody and management for Northern Trust?

As of December 31, 2023, Northern Trust has $15.4 trillion in assets under custody or administration and $1.4 trillion in assets under management.

What recent events has Northern Trust been involved in?

Recently, Northern Trust hosted the GaIN event in Ireland focusing on inclusive hiring and career guidance, and sponsored the Black Professionals & Leaders Dinner at Arizona State University.

What makes Northern Trust a leader in the financial services industry?

Northern Trust is recognized for its exceptional service, financial expertise, integrity, and continuous innovation over more than 125 years.

What kind of clients does Northern Trust serve?

Northern Trust serves corporations, institutions, affluent families, and individuals with comprehensive financial solutions.

How does Northern Trust support diversity and community engagement?

Northern Trust partners with organizations like Dublin City University and the 30% Club Ireland to promote gender balance and supports events like the Black Professionals & Leaders Dinner.

What services does Northern Trust’s wealth management division offer?

Northern Trust’s wealth management services include investment management, trust and estate planning, and private banking.

What is Northern Trust’s commitment to career development?

Northern Trust offers various career opportunities, fostering a collaborative and team-oriented environment, and investing in talent development.
Northern Trust Corp

Nasdaq:NTRS

NTRS Rankings

NTRS Stock Data

21.60B
196.77M
0.6%
86.87%
1.16%
Asset Management
State Commercial Banks
Link
United States of America
CHICAGO