Northern Trust Set to Report Q1 Earnings with Strong Projections

Northern Trust Corporation (NTRS), with a market cap of $16.8 billion, specializes in wealth management, asset servicing, asset management, and banking. Catering to corporations, institutions, affluent families, and individuals, the Chicago-based firm operates through two key segments: Asset Servicing and Wealth Management. NTRS is slated to announce its fiscal Q1 2025 earnings before the market opens on Tuesday, April 22.

Anticipating this announcement, analysts project NTRS will report a non-GAAP profit of $1.86 per share, indicating a growth of 9.4% compared to $1.70 per share in the same quarter last year. The company has a strong history of exceeding Wall Street’s earnings estimates over its last four quarterly reports.

Fiscal Forecasts Indicate Continued Growth

For the full fiscal year 2025, experts expect NTRS to report a non-GAAP EPS of $8.17, showing a 6.1% increase from $7.70 in fiscal 2024. Additionally, earnings projections suggest a nearly 9.6% year-over-year growth to $8.95 in fiscal 2026.

Performance Over the Past Year

NTRS shares have seen a decline of 65 basis points over the past 52 weeks, slightly outperforming the S&P 500 Index, which dipped 1.4%. In contrast, NTRS lagged behind the iShares U.S. Financial Services ETF (IYG), which gained 6.6% in the same timeframe.

Following the release of impressive Q4 results on January 23, stock prices for NTRS rose by 2%, sustaining a positive momentum for the subsequent five trading sessions. The firm reported a total revenue increase of over 26% year-over-year to $1.97 billion, exceeding analyst expectations significantly. Its EPS rose to $2.26, surpassing consensus estimates by 11.9%. Furthermore, Northern Trust’s return on average equity climbed to 15.3%, up from merely 4% in the previous year, bolstering investor confidence.

Analysts’ Mixed Outlook

Despite these positive results, analysts approach NTRS with caution regarding its future performance. The consensus rating remains neutral, characterized as an overall “Hold.” Among 15 analysts covering the stock, there is one “Strong Buy,” one “Moderate Buy,” 11 “Holds,” and two “Strong Sells.” The average price target of $114.39 suggests a 33% premium compared to the current stock price.

On the date of publication, Aditya Sarawgi did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data herein are intended solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.

More news from Barchart

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.