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Northern (NTRS)
NASDAQ:NTRS
Earnings Data
Report Date
Apr 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.83Last Year’s EPS
1.69Same Quarter Last Year
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 23, 2025
|% Change Since: -8.82%
|Next Earnings Date:Apr 22, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance and strategic progress, with significant growth in Trust fees, net interest income, and EPS. The successful implementation of the One Northern Trust strategy and achievements in Wealth Management and Asset Management were notable highlights. However, there were concerns about service quality due to headcount reductions and currency impacts on revenue growth.Company Guidance
During Northern Trust Corporation's Fourth Quarter 2024 Earnings Call, the company provided robust guidance for the coming year. Trust fees increased by 12%, net interest income grew by 15%, and earnings per share surged over 50% compared to the prior year. The company generated positive Trust fee and total operating leverage for the second consecutive quarter, demonstrating successful execution of their One Northern Trust strategy. For the full year, revenue rose by 8%, contributing to a 24% increase in EPS. The company returned more than $400 million to shareholders in Q4 and $1.5 billion for the year, marking a five-year high. Looking forward, Northern Trust aims for an expense-to-Trust fee ratio of 105% to 110%, pretax margins above 30%, and ROE in the upper half of the 10% to 15% range, along with double-digit EPS growth and significant capital returns.Strong Revenue and EPS Growth
Fourth quarter Trust fees were up 12%, net interest income grew 15%, and earnings per share grew by more than 50%. For the full year, excluding notables, revenue was up 8% with EPS growth of 24%.
Successful One Northern Trust Strategy
The strategy resulted in 140 new business opportunities and nearly $3 billion raised in NTAM history, demonstrating the effectiveness of the One Northern Trust strategy.
Wealth Management Achievements
Increased wealth deposits by 9% and expanded segment pretax margin by nearly 400 basis points. Awarded Best Private Bank in the U.S. for the 13th time in 16 years.
Asset Management Growth
Achieved positive inflows for the year, including 13% growth in liquidity, surpassing $300 billion in AUM and generating positive long-term flows in the second half of the year.
Asset Servicing Growth
Capital markets business grew 17% in 2024, with 50% of this growth from new clients, leading to improved organic growth and profitability.
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NTRS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NTRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 23, 2025 | $106.55 | $108.68 | +2.00% |
| Oct 23, 2024 | $94.39 | $101.02 | +7.02% |
| Jul 17, 2024 | $88.69 | $84.19 | -5.07% |
| Apr 16, 2024 | $81.06 | $77.04 | -4.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Northern (NTRS) report earnings?
Northern (NTRS) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is Northern (NTRS) earnings time?
Northern (NTRS) earnings time is at Apr 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTRS EPS forecast?
NTRS EPS forecast for the fiscal quarter 2025 (Q1) is 1.83.
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