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The latest announcement is out from Northern ( (NTRS) ).
Northern Trust Corporation reported its financial results for the fourth quarter of 2024, with net income of $455.4 million and earnings per diluted common share of $2.26. The company experienced substantial growth in fee revenue and a return on common equity of 15.3%, reflecting progress in its One Northern Trust strategy. Despite a slight decrease in net income compared to the previous quarter, the results indicate strong organic growth across all business segments and efficient productivity initiatives, positioning the company for future growth.
More about Northern
Northern Trust Corporation is a financial services company that specializes in wealth management, asset servicing, asset management, and banking solutions. The company is focused on providing financial services to corporations, institutions, families, and individuals.
YTD Price Performance: 4.62%
Average Trading Volume: 1,262,417
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.36B
Find detailed analytics on NTRS stock on TipRanks’ Stock Analysis page.