Northern Trust Corporation

Northern Trust Corporation

NTRSยทNASDAQ

$142.25

+0.59%
Financial ServicesAsset Management

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.

At a Glance

Live Snapshot
Market Cap$26.43B
EPS8.7900
P/E Ratio16.18
Earnings Date04/20/2026
Northern Trust Corporation

Northern Trust Corporation Fair Value Envelope

NTRS ยท NASDAQ

Our analysis suggests that NTRS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $142.25, this represents a potential HIDDEN relative to our calculated worth for Northern Trust Corporation.

Intrinsic Value
Current Price: $142.25

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$50,177.2B
+ Cash & Equivalents$61.1B
Firm Value$50,238.3B
- Debt$16.4B
Equity Value$50,221.9B
/ Shares Outstanding189,117,369B
DCF Value$265.6K
UNDERVALUED BY 186585%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$11.1B
$22.1B
$44.3B
$88.5B
$177.1B
$354.1B
$708.3B
$1,416.6B
$2,833.2B
$5,666.3B
Maintenance CapEx
-$29.6M
-$59.2M
-$118.4M
-$236.8M
-$473.6M
-$947.2M
-$1.9B
-$3.8B
-$7.6B
-$15.2B
Owner Earnings
$11.0B
$22.1B
$44.1B
$88.3B
$176.6B
$353.2B
$706.4B
$1,412.8B
$2,825.6B
$5,651.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$10.2B
$18.9B
$35.0B
$64.9B
$120.2B
$222.6B
$412.2B
$763.3B
$1,413.5B
$2,617.6B
Terminal Value represents 88.7% of Enterprise Value