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Northern Trust Corporation (NASDAQ: NTRS)

Asset Management Β· Chicago, IL, United States Β· Founded 1889

$18.0B
Market Cap
$8.09B
Revenue
23,000
Employees
$1.74B
Net Income
πŸ“Š Key Statistics for Northern Trust Corporation (NTRS)
  • Market capitalization: $18.0 billion
  • Annual revenue: $8.09 billion
  • Net income: $1.74 billion
  • Employees: 23,000
  • Sector: Financial Services
  • Headquarters: Chicago, United States
  • Founded: 1889

Source: Statvoo company profile for Northern Trust Corporation. Browse all 500+ companies

πŸ“‹ About Northern Trust Corporation

Northern Trust is a leading provider of wealth management, asset servicing, and asset management services to affluent individuals, families, and institutional investors. The company is one of the largest custodian banks globally and manages over $1.4 trillion in assets. Northern Trust's wealth management division serves ultra-high-net-worth clients with a white-glove service model that emphasizes discretion and long-term relationships.

πŸ’° How Northern Trust Corporation Makes Money

Northern Trust earns revenue from wealth management fees, custody and fund administration fees, and asset management fees. The ultra-high-net-worth focus commands premium pricing, while the institutional custody business provides scale and operational leverage.

πŸ“œ Key Milestones

Byron Laflin Smith founded Northern Trust in 1889 in Chicago to serve the city's wealthiest families. The company has maintained its focus on affluent clients for over 130 years, resisting the temptation to chase mass-market banking. Northern Trust's FlexShares ETF platform, launched in 2011, added a passive investment capability to complement its active strategies.

πŸ“Š Financial Overview
Market Capitalization$18.0B
Annual Revenue$8.09B
Net Income$1.74B
Profit Margin22%
Revenue per Employee$351739K
Stock ExchangeNASDAQ
Ticker SymbolNTRS

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Northern Trust was one of the first major financial institutions to offer ESG-focused investment strategies to institutional clients. The company's client base includes some of the wealthiest families in America, many of whom have banked with Northern Trust for generations.

πŸ“ Analyst Take

Northern Trust occupies a privileged niche serving the ultra-wealthyβ€”a client base that is growing faster than the general population. The custody business provides scale, but fee pressure in asset servicing is a persistent challenge that limits margin expansion.

❓ Frequently Asked Questions

What is Northern Trust Corporation's revenue?

Northern Trust Corporation generates approximately $8.09 billion in annual revenue.

How many employees does Northern Trust Corporation have?

Northern Trust Corporation employs approximately 23,000 people worldwide.

What is Northern Trust Corporation's market cap?

Northern Trust Corporation (NTRS) has a market capitalization of approximately $18.0 billion on the NASDAQ.

When was Northern Trust Corporation founded?

Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, IL, United States.

Who is the CEO of Northern Trust Corporation?

Michael O'Grady is the current CEO of Northern Trust Corporation.

What is Northern Trust Corporation's website?

Northern Trust Corporation's official website is northerntrust.com.