Northern Trust Corp

More Details of Northern Trust Corp Company

Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. The Company’s segments include Asset Servicing and Wealth Management. Asset Servicing is a global provider of asset servicing and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors around the globe. Asset servicing and related services encompass a full range of capabilities, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, securities lending, and others. Wealth Management provides trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and others.

Company Info

Company codeNTRS

Company nameNorthern Trust Corp

IPO dateMar 17, 1980

Founded at1971

CEOMr. Michael G. (Mike) O'Grady

Number of employees23300

Security typeOrdinary Share

Fiscal year-endMar 17

Address50 S Lasalle St

CityCHICAGO

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code60603

Phone13126306000

Websitehttps://www.northerntrust.com/

Company codeNTRS

IPO dateMar 17, 1980

Founded at1971

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Michael G. (Mike) O'Grady

Chairman of the Board, President, Chief Executive Officer

382.65K

-2.96%

Mr. Steven L. (Steve) Fradkin

Vice Chairman of the Board, Executive Vice President

264.45K

-1.61%

Ms. Teresa A. Parker

Executive Vice President, President - Asset Servicing

85.86K

-4.02%

Mr. Thomas A. South

Executive Vice President, Chief Information Officer

81.10K

-3.80%

Mr. Jason J. Tyler

Executive Vice President, President - Wealth Management

58.29K

-6.00%

Ms. Susan Crown

Independent Director

51.75K

+4.67%

Ms. Alexandria Taylor

Executive Vice President, Chief Administrative Officer

43.83K

-2.23%

Mr. Mark C. Gossett

Executive Vice President, Chief Risk Officer

39.88K

-6.27%

Mr. Dean M. Harrison

Independent Director

30.78K

+7.44%

Mr. Donald (Don) Thompson

Independent Director

28.54K

+8.06%

Name

Name/Position

Position

Shareholding

Change

Mr. Michael G. (Mike) O'Grady

Chairman of the Board, President, Chief Executive Officer

382.65K

-2.96%

Mr. Steven L. (Steve) Fradkin

Vice Chairman of the Board, Executive Vice President

264.45K

-1.61%

Ms. Teresa A. Parker

Executive Vice President, President - Asset Servicing

85.86K

-4.02%

Mr. Thomas A. South

Executive Vice President, Chief Information Officer

81.10K

-3.80%

Mr. Jason J. Tyler

Executive Vice President, President - Wealth Management

58.29K

-6.00%

Ms. Susan Crown

Independent Director

51.75K

+4.67%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

By BusinessUSD

Name

Revenue

Proportion

Investment Management and Advisory

2.49B

30.05%

Custody and Fund Administration

1.92B

23.10%

Other Operating Income

1.16B

13.96%

Other

246.80M

2.98%

Foreign Exchange Income

231.20M

2.79%

Other

2.25B

27.12%

By RegionUSD

Name

Revenue

Proportion

Domestic

6.05B

72.93%

International

2.24B

27.07%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Investment Management and Advisory

2.49B

30.05%

Custody and Fund Administration

1.92B

23.10%

Other Operating Income

1.16B

13.96%

Other

246.80M

2.98%

Foreign Exchange Income

231.20M

2.79%

Other

2.25B

27.12%

Shareholder

Update time: Fri, Feb 21

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

11.54%

Fidelity Management & Research Company LLC

7.26%

BlackRock Institutional Trust Company, N.A.

5.19%

State Street Global Advisors (US)

4.72%

MFS Investment Management

3.69%

Other

67.61%

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

11.54%

Fidelity Management & Research Company LLC

7.26%

BlackRock Institutional Trust Company, N.A.

5.19%

State Street Global Advisors (US)

4.72%

MFS Investment Management

3.69%

Other

67.61%

Type

Shareholder

Proportion

Investment Advisor

43.37%

Investment Advisor/Hedge Fund

34.45%

Research Firm

2.61%

Insurance Company

2.40%

Pension Fund

1.98%

Hedge Fund

1.30%

Bank and Trust

0.99%

Individual Investor

0.85%

Sovereign Wealth Fund

0.52%

Other

11.53%

Institutional Shareholding

Update time: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1469

172.19M

88.51%

-10.97M

2024Q4

1484

172.28M

88.02%

-9.42M

2024Q3

1441

173.69M

87.59%

-6.87M

2024Q2

1412

172.44M

85.50%

-6.57M

2024Q1

1407

173.30M

84.70%

-7.93M

2023Q4

1420

177.41M

86.48%

-1.29M

2023Q3

1405

174.56M

84.31%

-6.22M

2023Q2

1414

177.12M

85.55%

-5.53M

2023Q1

1404

179.27M

86.05%

-2.73M

2022Q4

1417

178.12M

85.46%

-4.25M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

22.44M

11.51%

-187.94K

-0.83%

Dec 31, 2024

Fidelity Management & Research Company LLC

14.12M

7.24%

-336.95K

-2.33%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

10.10M

5.18%

-296.51K

-2.85%

Dec 31, 2024

State Street Global Advisors (US)

9.17M

4.71%

+428.83K

+4.90%

Dec 31, 2024

MFS Investment Management

7.17M

3.68%

+78.01K

+1.10%

Dec 31, 2024

PRIMECAP Management Company

6.72M

3.45%

-364.51K

-5.14%

Dec 31, 2024

Geode Capital Management, L.L.C.

4.90M

2.52%

+30.91K

+0.63%

Dec 31, 2024

State Farm Insurance Companies

4.41M

2.26%

--

Dec 31, 2024

Northern Trust Global Investments

4.01M

2.06%

-538.64K

-11.83%

Dec 31, 2024

Fidelity Institutional Asset Management

3.68M

1.89%

-52.50K

-1.41%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

Invesco KBW Bank ETF

3.17%

iShares Focused Value Factor ETF

2.99%

Schwab Ariel ESG ETF

2.34%

Federated Hermes MDT Large Cap Core ETF

1.58%

VanEck Morningstar ESG Moat ETF

1.54%

SPDR S&P Capital Markets ETF

1.45%

Invesco S&P 500 Equal Weight Financials ETF

1.43%

Federated Hermes MDT Large Cap Value ETF

1.35%

Invesco Zacks Mid-Cap ETF

1.34%

Zacks Small/Mid Cap ETF

1.17%

Invesco KBW Bank ETF

Proportion3.17%

iShares Focused Value Factor ETF

Proportion2.99%

Schwab Ariel ESG ETF

Proportion2.34%

Federated Hermes MDT Large Cap Core ETF

Proportion1.58%

VanEck Morningstar ESG Moat ETF

Proportion1.54%

SPDR S&P Capital Markets ETF

Proportion1.45%

Invesco S&P 500 Equal Weight Financials ETF

Proportion1.43%

Federated Hermes MDT Large Cap Value ETF

Proportion1.35%

Invesco Zacks Mid-Cap ETF

Proportion1.34%

Zacks Small/Mid Cap ETF

Proportion1.17%

Dividend

A total of 3.36B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Jan 23, 2025

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Apr 01, 2025 going ex on Mar 14, 2025

Mar 14, 2025

Apr 01, 2025

Mar 14, 2025

Oct 22, 2024

NTRS.NB Final Cash Dividend of gross USD 0.75 paid on Jan 01, 2025 going ex on Dec 06, 2024

Dec 06, 2024

Jan 01, 2025

Dec 06, 2024

Jul 16, 2024

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Oct 01, 2024 going ex on Sep 06, 2024

Sep 06, 2024

Oct 01, 2024

Sep 06, 2024

Apr 16, 2024

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Jul 01, 2024 going ex on Jun 07, 2024

Jun 07, 2024

Jul 01, 2024

Jun 07, 2024

Jan 17, 2024

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Apr 01, 2024 going ex on Mar 07, 2024

Mar 08, 2024

Apr 01, 2024

Mar 07, 2024

Oct 17, 2023

NTRS.NB Final Cash Dividend of gross USD 0.75 paid on Jan 01, 2024 going ex on Dec 07, 2023

Dec 08, 2023

Jan 01, 2024

Dec 07, 2023

Jul 18, 2023

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Oct 01, 2023 going ex on Sep 07, 2023

Sep 08, 2023

Oct 01, 2023

Sep 07, 2023

Apr 26, 2023

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Jul 01, 2023 going ex on Jun 08, 2023

Jun 09, 2023

Jul 01, 2023

Jun 08, 2023

Jan 19, 2023

NTRS.NB Interim Cash Dividend of gross USD 0.75 paid on Apr 01, 2023 going ex on Mar 09, 2023

Mar 10, 2023

Apr 01, 2023

Mar 09, 2023

Oct 18, 2022

NTRS.NB Final Cash Dividend of gross USD 0.75 paid on Jan 01, 2023 going ex on Dec 08, 2022

Dec 09, 2022

Jan 01, 2023

Dec 08, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

93.980USD

Northern Trust Corp

93.980

Overview

Company