Opcjonalna analityka produktu
Za zgodą użytkownika stosujemy ograniczoną analitykę chroniącą prywatność, aby zrozumieć, które ścieżki badawcze działają. Nie używamy trackerów reklamowych ani nagrywania sesji. Ten wybór można zmienić w Preferencjach. Przeczytaj Politykę prywatności.
Northern Trust Corporation's published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $31.4B | |
|---|---|---|
| P/E (forward) | 13.8x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $4.36B | $4.43B | $4.36B | $4.73B | $5.02B | +3.6% |
| Gross profit | $6.55B | $6.75B | $6.75B | $8.29B | $8.09B | +5.4% |
| Operating income | $2.01B | $1.77B | $1.46B | $2.66B | $2.33B | +3.8% |
| Net income | $1.55B | $1.34B | $1.11B | $2.03B | $1.74B | +3.0% |
| EPS (diluted) | $7.14 | $6.14 | $5.08 | $9.77 | $8.74 | +5.2% |
| EBITDA | $2.53B | $2.32B | $2.10B | $3.38B | $3.21B | +6.2% |
| R&D | — | — | — | — | — | — |
| SG&A | $2.49B | $2.74B | $2.84B | $2.90B | $3.38B | +8.0% |
Recent company headlines from major financial publishers.
The base case carries an estimated probability of 60.0% and establishes a target of $166.49, delivering an implied return of -2.9% relative to $171.40. In this scenario, Northern Trust delivers on full-year revenue and net interest income guidance for FY2026, achieving positive operating leverage as guided. Beyond FY2026, revenue growth decelerates toward long-term nominal sector rates as temporary institutional deposits normalize, while custody and wealth management fee retention remains sticky. For this path to hold, positive operating leverage must materialize in reported results, while disconfirmation would appear if deposit outflows accelerate before fee expansion offsets net interest margin contraction. Investors will evaluate progress across quarterly earnings releases through FY2027.
The bull case carries an estimated probability of 20.0% and targets Potential value of $195.95, representing an implied return of 14.3% against $171.40. This path requires accelerating adoption of higher-margin Integrated Trading Solutions and currency management within Asset Servicing, lifting pre-tax servicing margins toward management's upper target band. Concurrently, rapid expansion of Family Office Solutions and custom alternative fundraising across Wealth Management accelerates net organic fee capture, driving operating leverage well above guided levels. Disconfirmation would occur if capital markets volumes normalize quickly or if institutional client win rates slow. Confirmation will be visible in quarterly servicing fee growth and expanding pre-tax margins by late FY2026.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 8.7% | $178 | $181 | $184 | $188 | $192 |
| 9.2% | $169 | $172 | $175 | $178 | $181 |
| 9.7% | $162 | $164 | $166 | $169 | $172 |
| 10.2% | $155 | $157 | $159 | $161 | $164 |
| 10.7% | $149 | $151 | $153 | $155 | $157 |
Upcoming earnings date and setup when available.
Rekomendacja, którą nosiło opublikowane w danym miesiącu wydanie analizy. Rekomendacja porównuje cenę z dnia analizy z wartością godziwą; nie jest zapisem tego, czy ocena się sprawdziła.
| Rok | sty | lut | mar | kwi | maj | cze | lip | sie | wrz | paź | lis | gru |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
