Northern Trust has delivered a perfect 4-quarter earnings beat streak with a growth score of 8.0, strong margins of 22%, and peer-leading growth rankings, but the stock has reached its analyst price target with a negative asymmetry ratio of -2.2, making near-term entry unattractive without a price correction.
Thesis pillars
- Strong Growth Beat Streak↓Deteriorating
- Strong Margins Piotroski Quality↑Improving
- Price At Target Negative Asymmetry↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 24, 2026
Northern Trust Corporation (NTRS) Stock Analysis
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $171.90, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining.
Northern Trust serves institutions and high-net-worth individuals through Asset Servicing and Wealth Management segments, providing custody, investment management, and banking. Total consolidated assets reached $177.1 billion at December 31, 2025, with $1.8 trillion in AUM and... Read more
Hold if already holding. Not a fresh buy at $171.90, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 84d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Northern Trust Corporation
About Northern Trust Corporation
Northern Trust managed $1.8 trillion in assets under management at December 31, 2025—$1.3 trillion for institutional Asset Servicing clients and $507.2 billion for Wealth Management clients—with Asset Servicing AUC/A reaching $17.4 trillion. Consolidated total assets were $177.1 billion and stockholders' equity was $13.0 billion. The company held a Common Equity Tier 1 capital ratio of 12.6% (standardized approach) against a 4.5% regulatory minimum, with offices in 24 U.S. states and 22 international locations.
Northern Trust earns revenue primarily through fee-based services, with fees tied to AUM, custody, and administration valuations—making earnings correlated to equity and fixed-income market performance rather than loan spreads. Asset Servicing serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds, offering custody, fund administration, securities lending, and foreign exchange. Wealth Management delivers trust, investment management, and banking to high-net-worth individuals and family offices through 19 U.S. states and international offices in London, Guernsey, Singapore, and Abu Dhabi. The Bank is a member of the Federal Reserve System with deposits insured by the FDIC, and is subject to Illinois state regulation as an Illinois banking corporation; it is also registered as a swap dealer with the CFTC. Asset Management strategies span active and passive equity, fixed income, cash management, and alternative asset classes including private equity and hedge funds of funds.
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Northern Trust is classified as a Category II banking organization under Federal Reserve Board tailoring rules, requiring annual capital plans, supervisory stress tests, and liquidity risk management, though not subject to all standards applicable to global systemically important banks. The 2025 DFAST results published June 27, 2025 held the stress capital buffer at 2.5% and the effective CET1 minimum at 7.0% through the capital plan cycle ending September 30, 2026. The pending Basel III Endgame re-proposal, expected for publication in early 2026, may alter risk-weighted asset calculations applicable to Northern Trust as a Category II organization, with the final capital impact uncertain until a rule is finalized.
See also: Financial Services · Asset Management
From Northern Trust Corporation's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-10-29Recent Developments — Northern Trust Corporation
Latest news
- NEWS Northern Trust (NASDAQ:NTRS) CFO Sells $3,321,039.92 in Stock - MarketBeat — MarketBeat negative
- NEWS Vest Financial LLC Sells 99,620 Shares of Northern Trust Corporation $NTRS - MarketBeat — MarketBeat neutral
- NEWS NTRS Maintained by Wells Fargo -- Price Target Raised to $189 - GuruFocus — GuruFocus positive
- NEWS Northern Trust Corp (NTRS) Valuation: PE, PB & Fair Value Analysis - TradingKey — TradingKey neutral
- NEWS Northern Trust (NASDAQ:NTRS) Beats Q2 Estimates on Strong Revenue Growth, Pre-Market Slip Signals Consolidation After Ra — ChartMill positive
Generated 2026-10-29T11:20:25Z.
Upcoming dated catalysts
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $171.90, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Analyst target $157.66 reached (−8.3%), stop $163.80 (−4.9%), A.R:R -1.1:1. Score 6.0/10, moderate confidence.
Analyst target $157.66 reached (−8.3% from $171.90); no take-profit level is published. Analyst target $157.66 reached (−8.3%), stop $163.80 (−4.9%), A.R:R -1.1:1. Stop-loss: $163.80.
Analyst target reached - limited upside remaining.
Northern Trust Corporation trades at a P/E of 13.5 (forward 13.2). TrendMatrix value score: 7.3/10. Verdict: Hold.
20 analysts cover NTRS with a consensus score of 2.8/5. Average price target: $181.
What does Northern Trust Corporation do?Northern Trust serves institutions and high-net-worth individuals through Asset Servicing and Wealth Management...
Northern Trust serves institutions and high-net-worth individuals through Asset Servicing and Wealth Management segments, providing custody, investment management, and banking. Total consolidated assets reached $177.1 billion at December 31, 2025, with $1.8 trillion in AUM and $17.4 trillion in Asset Servicing AUC/A. Fee-based income from AUM and custody valuations accounts for the majority of revenues.