Morningstar

Morningstar, Inc.

Equity Bottom-Up

Northern Trust consists of two moaty segments--a wealth management segment and a custody segment known Corporate &amp; Institutional Services (C&amp;IS). Both businesses are supported by the firm’s asset management capabilities. Northern Trust’s C&amp;IS segment provides custody and ancillary services to assets owners and asset managers. With just over $10 trillion in assets under custody or administration (AUC/A), Northern Trust is smaller than BNY Mellon and State Street that each boast over $30 trillion…

Wide-moat Northern Trust reported first-quarter results that were well within our expectations for the firm. Again, Northern Trust was not immune to the tougher market environment for the trust banks, but the bank’s fee income held up remarkably well. This resulted in overall revenues remaining essentially flat year over year, in contrast with its peers, which have had declines. Expenses were up 3%, leading to a decline in net income of 9%, with earnings per share down 6%. Again, these declines…

United States

Northern Trust Corporation is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern Trust's banking operations are its primary operations.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00