Northern Trust
- Total Loans$39.5 BQ3, 2021
- Revenue$6.5 BFY, 2021
- Market Capitalization$21.4 B2022-05-18
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.
| Type | Public | |
| Founded | 1889 | |
| HQ | Chicago, IL, US | Map |
| Website | northerntrust.com | |
| Overall Culture | B | More |
Recent NewsAll News
Key People/Management at Northern Trust
Michael G. O'Grady
Chairman and Chief Executive Officer
Mark C. Gossett
Executive Vice President and Chief Risk Officer
Thomas A. South
Executive Vice President and Chief Information Officer
Jason J. Tyler
Executive Vice President and Chief Financial Officer
Susan C. Levy
Executive Vice President and General Counsel
Shundrawn A. Thomas
Executive Vice President and President – Asset Management
Northern Trust Office Locations
Northern Trust has offices in Chicago, Atlanta, Austin, Barrington and in 70 other locations
Chicago, IL, US (HQ)
50 S LaSalle St
Atlanta, GA, US
3282 Northside Pkwy NW Suite 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
Northern Trust Financials and Metrics
Northern Trust Revenue
Northern Trust's revenue was reported to be $6.49 b in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.7b |
Gross profit (Q1, 2022) | 1.7b |
Gross profit margin (Q1, 2022), % | 99.9% |
Net income (Q1, 2022) | 389.3m |
Market capitalization (18-May-2022) | 21.4b |
Closing stock price (18-May-2022) | 102.8 |
Cash (30-Sept-2021) | 4.2b |
EV | 20.8b |
Northern Trust's current market capitalization is $21.4 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.7b | 1.7b | 1.7b | 1.7b | 1.5b | 1.5b | 1.6b | 1.6b | 1.6b | 1.7b |
Cost of goods sold | 240.8m | 222.8m | 203.1m | 121.1m | 34.2m | 26.8m | 9.8m | 7.5m | 4.9m | 2.5m |
Gross profit | 1.5b | 1.5b | 1.5b | 1.6b | 1.5b | 1.5b | 1.6b | 1.6b | 1.6b | 1.7b |
Gross profit Margin, % | 86% | 87% | 88% | 93% | 98% | 98% | 99% | 100% | 100% | 100% |
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 347.1m | 736.5m | 1.1b | 360.6m | 673.9m | 968.4m | 375.1m | 743.2m | 1.1b |
Depreciation and Amortization | 113.9m | 226.3m | 341.6m | 123.8m | 248.6m | 372.4m | 125.4m | 253.8m | 382.8m |
Cash From Operating Activities | 293.7m | 378.5m | 955.6m | (2.7b) | 498.4m | 420.5m | 68.3m | (1.2b) | (685.9m) |
Purchases of PP&E | (9.1m) | (27.7m) | (49.8m) | (37.6m) | (76.6m) | (102.6m) | (10.7m) | (39.1m) | (65.0m) |
| USD | FY, 2018 |
|---|---|
Debt/Equity | 0.3 x |
Financial Leverage | 12.6 x |
Northern Trust Operating Metrics
Northern Trust's Assets Under Management was reported to be $1.5t in Q3, 2021. Northern Trust's Total Loans was reported to be $39.5b in Q3, 2021.
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 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 | $12.23 t | $12.25 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 | $1.54 t | $1.53 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 | $37.41 b | $39.46 b |
Northern Trust Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Parilux | May 06, 2021 | |
| BEx LLC | December 04, 2018 | |
| Aviate Global | December 02, 2015 | |
| Omnium LLC | May 16, 2011 | |
| 50 South Capital Advisors, LLC | ||
| Admiral Nominees Limited | ||
| Arnold Limited | ||
| Barfield Nominees Limited | ||
| Belvedere Advisors LLC | ||
| Doyle Administration Limited |
Northern Trust Cybersecurity Score
Northern Trust Environment, Social & Governance (ESG) Ratings
Northern Trust Online and Social Media Presence
18.13k Twitter followers
Northern Trust has 18.13k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.9% quarter over quarter
Northern Trust's Trends
Twitter Engagement Stats for @NorthernTrust
4.1k
Tweets
726
Following
18.1k
Followers
20
Tweets last 30 days
7
Avg. likes per Tweet
100%
Tweets with engagement
Northern Trust Company Culture
Overall Culture
B
71/100
CEO Rating
A-
76/100
Compensation
B-
68/100
Diversity
C+
66/100
Northern Trust News and Updates
May 10, 2022
Northern Trust forms relationship with Enfusion
As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has established a relationship with Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native investment management software and services, to provide port…
December 01, 2021
Northern Trust Expands Relationship with Broadridge to Support Shareholder Rights Directive II Compliance
NEW YORK and LONDON, Dec. 1, 2021 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has announced it has delivered its full suite of Shareholder Rights Directive (SRD II) compliance investor communication solutions to Northern Trust. These solutions...
October 05, 2021
Northern Trust appoints Gary Paulin as head of global strategic solutions
Northern Trust (Nasdaq: NTRS) has appointed Gary Paulin as head of Global Strategic Solutions for its asset servicing business.
September 30, 2021
Class-Action Suit Against Northern Trust, Financial Engines Can Go Forward
Aclass-action lawsuit against Allstate Corp., Northern Trust, Financial Engines and Alight Financial Advisors can go forward after a judge in U.S. District Court for the Northern District of Illinois dismissed a defendants’ motion to dismiss the suit on Tuesday.
September 27, 2021
AutoZone sues Northern Trust over alleged ERISA violations
Participants in a 401(k) plan run by AutoZone Inc. have sued Northern Trust Corp., the plan's former investment adviser, alleging violations of ERISA.
September 26, 2021
Northern Trust Asset Management’s FlexShares® Launches Emerging Markets Climate-Focused Exchange Traded Funds in Europe
Northern Trust Asset Management’s FlexShares Exchange Traded Funds today announced the launch of two Emerging Markets climate-focused exchange traded funds (ETFs): the FlexShares® Emerging Markets High Dividend Climate ESG UCITS ETF (QDFE) and the FlexShares® Emerging Markets Low Volatility Climate …
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. O'Grady, Mark C. Gossett and Thomas A. South.
How many employees does Northern Trust have?
Northern Trust has 21,100 employees.
What is Northern Trust revenue?
Latest Northern Trust annual revenue is $6.5 b.
What is Northern Trust revenue per employee?
Latest Northern Trust revenue per employee is $307.5 k.
Who are Northern Trust competitors?
Competitors of Northern Trust include First Foundation, Bank of New York Mellon and BlackRock.
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 70 other locations.
How many offices does Northern Trust have?
Northern Trust has 77 offices.
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