Northern Trust Corp
Research Northern Trust Corp (NTRS) on Bullrun: valuation model: 17.4% overvalued, market cap USD 34.18B, P/E 16.0, dividend yield 1.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNTRS
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryAsset Management
- CurrencyUSD
- Valuation signal17.4% overvalued
- Market capUSD 34.18B
- P/E16.0
- Dividend yield1.7%
- Financial periodQ2 2026
- RevenueUSD 2.70B
- Net incomeUSD 792.20M
- Free cash flow-USD 219.40M
Valuation Snapshot
Bullrun's latest valuation model marks Northern Trust Corp as 17.4% overvalued; latest market cap is USD 34.18B; P/E is 16.0; dividend yield is 1.7%.
Peer valuation comparison
Latest P/E is 16.04x versus a Financial Services sector median of 13.84x (15.9% above).
Latest dividend yield is 1.72% versus a Financial Services sector median of 3.86% (55.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 5.02B | USD 1.74B | USD 5.46B | n/a | 8.74 | USD 5.87B | USD 13.99B | USD 12.96B |
| FY2024 | USD 4.73B | USD 2.03B | -USD 587.50M | n/a | 9.77 | USD 4.68B | USD 13.37B | USD 12.79B |
| FY2023 | USD 4.36B | USD 1.11B | USD 2.51B | n/a | 5.08 | USD 4.79B | USD 13.41B | USD 11.90B |
| FY2022 | USD 4.43B | USD 1.34B | USD 2.26B | n/a | 6.14 | USD 4.65B | USD 10.93B | USD 11.26B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 34.18B | 16.0 | 1.7% | 3.2 |
| 2025 | 2025-12-31 | USD 25.45B | 15.6 | 2.3% | 3.1 |
| 2024 | 2024-12-31 | USD 20.09B | 10.5 | 2.9% | 3 |
| 2023 | 2023-12-29 | USD 17.47B | 16.0 | 3.6% | 3 |
| 2022 | 2022-12-30 | USD 18.44B | 12.1 | 3.3% | 2.9 |
| 2021 | 2021-12-31 | USD 24.85B | 16.8 | 2.3% | 2.8 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.2 USD, yield 1.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.1 USD |
| FY2024 | 3 USD |
| FY2023 | 3 USD |
| FY2022 | 2.9 USD |
About Northern Trust Corp
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. It operates in two segments, Asset Servicing and Wealth Management.
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Frequently asked questions
Is Northern Trust Corp overvalued or undervalued?
Bullrun's valuation model currently marks Northern Trust Corp as 17.4% overvalued.
What is Northern Trust Corp's market cap?
Northern Trust Corp's market capitalization is USD 34.18B.
What is Northern Trust Corp's P/E ratio?
Northern Trust Corp's price-to-earnings (P/E) ratio is 16.0.
Does Northern Trust Corp pay a dividend?
Northern Trust Corp has a dividend yield of 1.7%.
What does Northern Trust Corp do?
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. It operates in two segments, Asset Servicing and Wealth Management.