The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

NTRS

Concerning the House

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytics services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage, transition management, banking, and cash management services. It serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage; and private and business banking services. This segment also provides global custody, fiduciary services, family office consulting, and technology solutions to high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. In addition, it offers asset management and related services comprising active and passive equity; active and passive fixed income; cash management; multi-asset and alternative asset classes that include private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange-traded funds, non-U.S. collective investment funds, and unregistered private investment funds. Further, the company provides overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

United States · www.northerntrust.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$5.02B+1.9%
Net income$1.11B+2.7%
Cash from ops$2.63B+7.3%
Quotation

$190.48

-0.85 (-0.4%)

52w hi$191.33
52w lo$120.74
Vol741.15K
As ofAug 13
The Verdict

Buy

Our score +0.55

Short+0.32
Medium+0.63
Long+0.85

computed 2026-08-13

By the Numbers

Northern Trust Corporation

Financial Services · Asset Management

Market cap$34.85B
Enterprise value$42.23B
Trailing P/E16.38x
Forward P/E15.03x
EV / EBITDA
P / S (ttm)3.84x
Profit margin24.7%
Return on equity17.1%
Revenue growth+36.4%
Earnings growth+98.6%
Debt / equity
Risk Metrics
Beta vs SPX1.04
Corr SPX0.62
Annual vol27.2%
Annual ret+44.9%
Sharpe1.65
Max DD-25.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.46
Sector+0.09
Technical+0.29
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$192.22$192.67$189.30$190.48741.15K
Aug 12$188.72$191.45$188.29$191.331.67M
Aug 11$188.05$189.65$187.27$187.781.34M
Aug 10$185.12$188.64$184.94$187.861.62M
Aug 7$184.08$185.76$182.12$185.50775.70K