Northern Trust Corporation Stock News

Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings

The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.

An increase in NII as well as growth in AUC and AUM balances supported Northern Trust's (NTRS) Q2 earnings. However, rising expenses and declining fee income are headwinds.

U.S. Bancorp beat consensus estimates. Northern Trust missed on earnings but beat on revenue.

The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.

Northern Trust Corporation (NTRS) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.86 per share a year ago.

Asset and wealth manager Northern Trust reported a 17% drop in second-quarter profit on Wednesday, as lower fee-based income dragged down gains from a boost in interest income.

The market is melting up on the speculative hopes of an unprecedented "soft landing," for which the evidence is very slim. According to the bond market, a mild recession is still likely within a year,

Despite higher rates, Northern Trust (NTRS) is expected to have recorded a decline in interest income in the second quarter of 2023 due to softer loan demand.

JPMorgan Chase JPM, +0.50% was downgraded to neutral from buy at Citi ahead of second-quarter earnings for the banking sector. Citi analysts led by Keith Horowitz said JPMorgan's premium valuation has

The chairman of the Federal Deposit Insurance Corp. said Thursday that U.S. regulators are considering a plan to include banks with assets as low as $100 billion in the international regime for capita

CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that it will webcast its second quarter 2023 earnings conference call live on Wednesday, July 19, 2023. The webcast, the earnings p

Northern Trust's (NTRS) A-Suite will offer content, research and peer networking opportunities to asset owners and allocators.

Rising non-interest income, NII and growth in loan balances are likely to aid Northern Trust's (NTRS) revenues. However, high costs, volatile markets and deteriorating credit quality are concerning.

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