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Northern Trust

OverviewSuggest Edit

Northern Trust is a provider of wealth management, asset servicing, asset management, and banking solutions to corporations, institutions, families, and individuals. It is a financial holding company conducting business through various subsidiaries, including The Northern Trust Company (Bank). The company focuses on managing and servicing client assets through its two client-focused segments: Corporate & Institutional Services (C&IS) and Wealth Management. It also supports the C&IS and Wealth Management segments by providing a range of asset management and related services through its subsidiaries.

TypePublic
Founded1889
HQChicago, IL, USMap
Websitenortherntrust.com
Employee Ratings3.8More
Overall CultureC+More
View Jobs (6)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)20,900(+6%)
Job Openings6
Revenue (FY, 2020)$6.3 B(-8%)
Share Price (Jul 2021)$116.3
Cybersecurity ratingBMore

Key People/Management at Northern Trust

Michael G. OGrady

Michael G. OGrady

Chairman, President and Chief Executive Officer
Shundrawn A. Thomas

Shundrawn A. Thomas

Executive Vice President and President – Asset Management
Teresa A. Parker

Teresa A. Parker

President, EMEA
Steven L. Fradkin

Steven L. Fradkin

President, Wealth Management
Robert P. Browne

Robert P. Browne

Chief Investment Officer
Peter B. Cherecwich

Peter B. Cherecwich

President, Corporate & Institutional Services
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Northern Trust Office Locations

Northern Trust has offices in Chicago, Atlanta, Austin, Barrington and in 69 other locations
Chicago, IL, US (HQ)
50 S LaSalle St
Atlanta, GA, US
3282 Northside Pkwy NW #100
Austin, TX, US
98 San Jacinto Blvd #350
Barrington, IL, US
770 W Northwest Hwy
Bloomfield Hills, MI, US
10 W Long Lake Rd
Boca Raton, FL, US
3100 N Military Trl
Show all (78)

Northern Trust Financials and Metrics

Northern Trust Revenue

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Northern Trust's revenue was reported to be $6.3 b in FY, 2020 which is a 8.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.6b

Gross profit (Q1, 2021)

1.6b

Gross profit margin (Q1, 2021), %

99.4%

Net income (Q1, 2021)

375.1m

Market capitalization (1-Jul-2021)

24.2b

Closing stock price (1-Jul-2021)

116.3

Cash (31-Mar-2021)

4.6b

EV

23.8b
Northern Trust's current market capitalization is $24.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

6.7b6.9b6.3b

Revenue growth, %

4%(9%)

Cost of goods sold

698.7m822.0m200.3m

Gross profit

6.0b6.1b6.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.7b1.7b1.7b1.5b1.5b1.6b

Cost of goods sold

240.8m222.8m203.1m121.1m34.2m26.8m9.8m

Gross profit

1.5b1.5b1.5b1.6b1.5b1.5b1.6b

Gross profit Margin, %

86%87%88%93%98%98%99%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

4.6b4.5b4.4b

Accounts Receivable

32.5b31.4b33.8b

PP&E

428.2m483.3m514.9m

Goodwill

669.3m696.8m707.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

5.1b5.3b5.0b5.8b4.5b4.7b4.6b

Accounts Receivable

30.6b31.0b30.8b37.8b33.8b32.8b34.3b

PP&E

411.5m407.5m400.5m490.2m501.0m510.0m496.7m

Goodwill

683.0m682.0m687.2m689.3m690.6m698.0m704.0m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.6b1.5b1.2b

Depreciation and Amortization

460.9m458.9m500.3m

Cash From Operating Activities

1.8b2.6b1.9b

Purchases of PP&E

(97.6m)(158.0m)(135.8m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

347.1m736.5m1.1b360.6m673.9m968.4m375.1m

Depreciation and Amortization

113.9m226.3m341.6m123.8m248.6m372.4m125.4m

Cash From Operating Activities

293.7m378.5m955.6m(2.7b)498.4m420.5m68.3m

Purchases of PP&E

(9.1m)(27.7m)(49.8m)(37.6m)(76.6m)(102.6m)(10.7m)
show all
USDFY, 2018

EV/CFO

9.5 x

Revenue/Employee

354.2k

Debt/Equity

0.3 x

Financial Leverage

12.6 x

P/E Ratio

12.6
Show all financial metrics

Northern Trust Operating Metrics

Northern Trust's Total Loans was reported to be $34.3b in Q1, 2021. Northern Trust's Assets Under Management was reported to be $1.4t in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Assets Under Custody

$7.59 t$8.2 t$8.52 t$8.76 t$9.23 t$8.25 t$9.29 t$10.12 t$11.26 t$11.53 t

Assets Under Management

$1.07 t$1.16 t$1.18 t$1.2 t$1.23 t$1.12 t$1.26 t$1.31 t$1.41 t$1.45 t

Total Loans

$32.49 b$30.62 b$30.98 b$30.84 b$31.41 b$37.84 b$33.76 b$32.77 b$33.76 b$34.34 b
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Northern Trust Acquisitions / Subsidiaries

Company NameDateDeal Size
PariluxMay 06, 2021
BEx LLCDecember 04, 2018
Aviate GlobalDecember 02, 2015
Omnium LLCMay 16, 2011
50 South Capital Advisors, LLC
Admiral Nominees Limited
Arnold Limited
Barfield Nominees Limited
Belvedere Advisors LLC
Doyle Administration Limited
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Human Capital Metrics

Source: www.sec.gov, craft.co, craft.co, craft.co
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Northern Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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Northern Trust Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Northern Trust Online and Social Media Presence

Northern Trust's Trends

Embed Graph

Northern Trust Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    B-

    69/100

  • Compensation

    B

    69/100

  • Diversity

    C+

    67/100

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Northern Trust News and Updates

June 30, 2021

Northern Trust lays foundation for a multi-year investment to digitize alternative asset servicing

Northern Trust has launched a machine learning-powered document capture capability as the foundation of a multi-year investment to digitize alternative asset servicing and enhance the experience for asset owner clients that invest in complex private market and unlisted assets.
May 06, 2021

Northern Trust completes acquisition of Parilux Investment Technology

Northern Trust Corporation (Nasdaq: NTRS) announced today that it has finalized its acquisition of Parilux Investment Technology, LLC, completing its investment in the firm and its technology that was initiated in 2018.
March 03, 2021

Northern Trust partners Two Sigma to provide quantitative analytics tech to clients

As part of its strategy to provide integrated products, services and technology across the whole office, Northern Trust (Nasdaq: NTRS) has entered into a strategic agreement with Two Sigma to offer Venn, a cloud-based investment analytics platform, to its clients.
February 08, 2021

Northern Trust allies with IHS Markit

As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust has entered into an alliance with IHS Markit, provider of the thinkFolio multi-asset class investment management platform, achieving a further significant milestone in its drive to streaml…
December 09, 2020

Standard Chartered, Northern Trust to Launch Crypto Custody Service in the UK

Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021.
December 09, 2020

Northern Trust and StanChart partner for crypto custody service

Asset servicer Northern Trust and Standard Chartered have sought to capitalise on the growing demand for cryptocurrency services by jointly developing a digital custody service aimed at institutional investors.
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 Northern Trust Frequently Asked Questions

  • When was Northern Trust founded?

    Northern Trust was founded in 1889.

  • Who are Northern Trust key executives?

    Northern Trust's key executives are Michael G. OGrady, Shundrawn A. Thomas and Teresa A. Parker.

  • How many employees does Northern Trust have?

    Northern Trust has 20,900 employees.

  • What is Northern Trust revenue?

    Latest Northern Trust annual revenue is $6.3 b.

  • What is Northern Trust revenue per employee?

    Latest Northern Trust revenue per employee is $301.5 k.

  • Who are Northern Trust competitors?

    Competitors of Northern Trust include Bank of New York Mellon Corporation, BlackRock and State Street.

  • Where is Northern Trust headquarters?

    Northern Trust headquarters is located at 50 S LaSalle St, Chicago.

  • Where are Northern Trust offices?

    Northern Trust has offices in Chicago, Atlanta, Austin, Barrington and in 69 other locations.

  • How many offices does Northern Trust have?

    Northern Trust has 78 offices.