STOCK TITAN

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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
Tags
none
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
none
Rhea-AI Summary

The Northern Trust Canada Universe reports modest gains for Canadian Pension plans in Q3 2022, with a median return of 0.76% for the quarter, though down 14.75% year-to-date as of September 30, 2022. Global market volatility, driven by inflation and aggressive interest rate hikes, affected corporate valuations. Canadian equities fell by 1.4%, while U.S. equities gained 1.3% in CAD. Despite challenges, Canadian bonds showed modest gains. The Bank of Canada raised interest rates by 1.75%, reaching 3.25%, aiming to address inflation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
-
Rhea-AI Summary

Northern Trust Corporation (NTRS) has announced its third-quarter financial results for 2022. As of September 30, 2022, the company managed assets totaling US$1.2 trillion and held US$12.8 trillion in assets under custody/administration. The earnings conference call will occur on October 19, 2022, at 9:00 a.m. CT, accessible via their website. With a legacy of over 130 years, Northern Trust continues to highlight its role as an industry leader in wealth management and asset servicing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.15%
Tags
-
Rhea-AI Summary

Northern Trust Corporation (NASDAQ: NTRS) announced a quarterly cash dividend of $0.75 per share on common stock, payable on January 1, 2023, to holders of record by 5:00 p.m., Chicago time on December 9, 2022. Additionally, it declared cash dividends of $293.75 per share on Series E non-cumulative perpetual preferred stock, also payable on January 1, 2023, to holders of record on December 15, 2022. These dividends reflect the company's ongoing commitment to shareholder returns.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.15%
Tags
dividends
Rhea-AI Summary

Northern Trust Asset Management (NTAM) has appointed Antulio Bomfim as head of Global Macro, a newly created role to strengthen its global fixed income group, which manages $470 billion. Bomfim brings nearly 30 years of experience including advisory roles at the Federal Reserve and significant positions in investment management. The firm aims to enhance investor services in fixed income markets, aligning with its principles of risk compensation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
none
-
Rhea-AI Summary

Northern Trust (NTRS) has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting, and currency management services for the Melchior Selected Trust. This trust, established in 2010, has assets of £812 million as of August 31, 2022. The collaboration aims to consolidate service providers, enhance operational efficiencies, and simplify fund administration for European investors, furthering Northern Trust's longstanding partnership with Polar Capital since 2001.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
none
Rhea-AI Summary

Northern Trust has appointed Stephanie H. Giroux as Senior Portfolio Advisor for the Greater New York market. With over 30 years in investment and wealth management, she joins from BNY Mellon Wealth Management, where she led local growth. Giroux's experience includes roles at Wells Fargo and Citi Private Bank. This leadership change aims to enhance personalized investment strategies for wealth management clients. Northern Trust, recognized for its service excellence, manages $352.8 billion in assets as of June 30, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
management

FAQ

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

The current stock price of Northern Trust (NTRS) is $109.46 as of November 22, 2024.

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

The market cap of Northern Trust (NTRS) is approximately 22.1B.

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

22.08B
196.77M
0.61%
86.82%
0.9%
Asset Management
State Commercial Banks
Link
United States of America
CHICAGO