What is the 13F Pro Quality Score for NTRS?

13F Pro ranks NORTHERN TRUST CORP (NTRS) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View NTRS's current score at https://13fpro.ai/company/NTRS (free sign-up required for the full ranking).

Which hedge funds own the most NTRS stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of NTRS include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/NTRS as soon as new 13F filings post.

Where does 13F Pro source NTRS data?

All NORTHERN TRUST CORP fundamentals and ownership data come directly from SEC EDGAR. NORTHERN TRUST CORP files with the SEC under CIK 73124. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is NTRS in?

NORTHERN TRUST CORP (NTRS) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives NTRS's revenue?

Per NORTHERN TRUST CORP's latest 10-Q filed with the SEC on 2026-07-30, the biggest revenue drivers are: Trust, Investment and Other Servicing Fees ($1,349.5M, +10% YoY); Net Interest Income ($675.5M, +11% YoY); Other Noninterest Income ($673.0M, +330% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/NTRS.

What are NTRS's largest expenses?

NORTHERN TRUST CORP's latest 10-Q reports these as the largest expense items: Compensation and Benefits ($868.0M, +18% YoY); Equipment and Software ($378.5M, +29% YoY); Outside Services ($246.3M, Flat YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is NTRS research updated on 13F Pro?

NTRS's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

NORTHERN TRUST CORP(NTRS)Stock Analysis

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13F Pro Quality Score

65.2/100

Rank #494 of 2,961 stocksTOP 25%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

51.5/100

Profitability

86.1/100

Balance Sheet

46.6/100

Earnings Quality

16.8/100

Free Cash Flow

42.0/100

Institutional Flow

54.6/100

Revenue Scale

85.5/100

Dilution Risk

45.2/100

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Why NTRS Scores 65/100

exact factor attribution · 2026-09-11

NTRS's composite is driven by profitability and scale, held back by earnings quality and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+7.2 pts

86th pct

Scale

+7.1 pts

86th pct

Earnings growth

+0.9 pts

64th pct

Revenue growth

+0.4 pts

52th pct

Institutional flow

+0.3 pts

55th pct

Shareholder dilution

-0.3 pts

45th pct

Capital efficiency

-0.5 pts

47th pct

Free cash flow

-1.2 pts

42th pct

Earnings quality

-3.3 pts

17th pct

Latest change (2026-07-30): 72 → 65 · ↓ Free cash flow 96→60; ↓ Revenue growth 57→47

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

NTRS Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for NORTHERN TRUST CORP (NTRS), a Financials sector company. 13F Pro's AI-powered ranking engine scores NTRS at 65.2/100 on a 32-signal composite quality model, placing it at rank #494 of 2,961 stocks — the top 25% of the AI-ranked universe. NTRS scores in the top quartile across profitability (86.1), revenue scale (85.5). Areas of concern include earnings quality (16.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 45.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), NORTHERN TRUST CORP reports quarterly revenue of $2.7B, net income of $792.2M, an operating margin of 39.5%. Top institutional holders of NTRS by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. NTRS trades on the Nasdaq exchange and files with the SEC under CIK 73124. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NTRS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NORTHERN TRUST CORP directly from SEC EDGAR. NORTHERN TRUST CORP's 13F Pro composite quality score has ranged between 51 and 69 since 2026, currently 65.2 — a stable long-term trajectory across 48 quarterly and live scoring snapshots.

✦

Fun facts about NORTHERN TRUST CORP

Quirks, history, and lore behind NTRS — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · large-cap · listed on Nasdaq · headquartered in Chicago, Illinois.
2
The Numbers
It manages roughly $1 trillion in assets under management and serves clients with combined assets under custody and administration well north of $10 trillion — big numbers for a name most people can't place.
3
The History
Founded in 1889, it has operated continuously for well over a century, growing from a small Midwest bank into one of the most quietly powerful institutional custodians on the planet.
4
The Secret
It doesn't chase retail customers — its bread and butter is ultra-high-net-worth individuals, pension funds, and endowments who want boring, reliable custody and wealth management.
5
The Lore
It's a founding member of the "custody bank" club alongside household names like State Street and BNY Mellon — yet it quietly serves some of the wealthiest families in North America without a single TV ad.
6
The Giveaway
A Chicago institution since 1889, its name literally promises trustworthiness from the north side of the city — and its ticker is exactly what you'd expect if you abbreviated those two words.

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What's Driving NTRS's Business? Latest 10-Q Breakdown

✓ 29/29 datapoints verified

AI-extracted from NORTHERN TRUST CORP's 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net income surged 88% YoY to $792M in Q2 2026, driven by a $525M Visa exchange offer gain and strong fee revenue growth of 10%, partially offset by a $74M securities portfolio loss.

Biggest Revenue Drivers

Trust, Investment and Other Servicing Fees$1,349.5M+10% YoY

Favorable markets, net client inflows, and net new business drove increases in custody, fund administration, investment management, and securities lending fees.

Net Interest Income$675.5M+11% YoY

Higher deposits and lower funding costs, partially offset by lower asset yields.

Biggest Revenue Drivers

Total revenue: $2.7B+35% YoY

Trust, Investment and Other Servicing Fees$1,349.5M+10% YoY

Favorable markets, net client inflows, and net new business drove increases in custody, fund administration, investment management, and securities lending fees.

Net Interest Income$675.5M+11% YoY

Higher deposits and lower funding costs, partially offset by lower asset yields.

Other Noninterest Income$673.0M+330% YoY

Includes $525.4M gain from Visa Class B exchange offer participation, higher foreign exchange and trading volumes from market volatility, offset by $73.9M AFS securities portfolio loss.

Largest Expense Items

Compensation and Benefits$868.0M+18% YoY

$51.0M severance charges, $33.1M Invested as One equity grant, higher incentives, base pay adjustments, and pension expense.

Equipment and Software$378.5M+29% YoY

$61.5M software dispositions charge for internal-use software no longer planned for deployment, plus higher software support and amortization.

Outside Services$246.3MFlat YoY

Margins: Net interest margin on FTE basis improved to 1.81% from 1.69% YoY, driven by lower funding costs and higher deposits, though partially offset by lower asset yields and strategic securities portfolio purchases.

Watch Items from the Filing

Assets under custody/administration grew 11% YoY to $20.0B, supported by favorable markets and net inflows, but client concentration and market volatility sensitivity remain key monitoring areas for fee stability.
$525.4M Visa Class B exchange offer gain is non-recurring; excluding this and the $73.9M portfolio loss, underlying operating net income growth would be approximately 20% YoY, not 88%.
Nonaccrual loans decreased 7% to $71.3M; credit quality improved with negative provision of $5.3M reflecting strengthening macroeconomic outlook and improved CRE/C&I portfolio quality.
Common Equity Tier 1 capital ratio at 12.2% (standardized approach) and 14.3% (advanced approach) remain above well-capitalized minimums but declined from 12.6% and 15.0% in prior year, indicating capital deployment and share buybacks.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$2.7B

Net Income

Q2 2026

$792.2M

Free Cash Flow

Q2 2026

$-90.3M

Operating Margin

Q2 2026

39.5%

ROIC

Q2 2026

31.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-2.5% YoY

$8.09BFY 2025

FY22 $6.76BFY23 $6.77BFY24 $8.29BFY25 $8.09B

Net Income

-14.5% YoY

$1.74BFY 2025

FY22 $1.34BFY23 $1.11BFY24 $2.03BFY25 $1.74B

EPS (Diluted)

-10.5% YoY

$8.74FY 2025

FY22 $6.14FY23 $5.08FY24 $9.77FY25 $8.74

Total Assets

+13.9% YoY

$177.13BFY 2025

FY22 $155.04BFY23 $150.78BFY24 $155.51BFY25 $177.13B

Op. Cash Flow

+1238.6% YoY

$5.53BFY 2025

FY22 $2.39BFY23 $2.63BFY24 $-486.0MFY25 $5.53B

Free Cash Flow

+1029.3% YoY

$5.46BFY 2025

FY22 $2.26BFY23 $2.51BFY24 $-587.5MFY25 $5.46B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$8.09B -2.5%	$8.29B +22.4%	$6.77B +0.2%	$6.76B +4.6%	$6.46B +6.0%	$6.10B
Net Income	$1.74B -14.5%	$2.03B +83.4%	$1.11B -17.1%	$1.34B -13.5%	$1.55B +27.8%	$1.21B
EPS (Diluted)	$8.74 -10.5%	$9.77 +92.3%	$5.08 -17.3%	$6.14 -14.0%	$7.14 +30.8%	$5.46
Total Assets	$177.13B +13.9%	$155.51B +3.1%	$150.78B -2.7%	$155.04B -15.7%	$183.89B +8.2%	$170.00B
Operating Cash Flow	$5.53B +1238.6%	$-486.0M -118.5%	$2.63B +9.7%	$2.39B +76.4%	$1.36B -28.5%	$1.90B
Free Cash Flow	$5.46B +1029.3%	$-587.5M -123.4%	$2.51B +10.8%	$2.26B +79.6%	$1.26B -28.4%	$1.76B

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Available Research

13F Pro tracks comprehensive data for NORTHERN TRUST CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of NTRS

BlackRock, Inc.
$2.5B14,517,839 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.0B11,779,613 sh
STATE STREET CORP
$1.6B9,095,046 sh
FMR LLC
$1.5B8,683,057 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.5B8,414,408 sh
PRIMECAP MANAGEMENT CO/CA/
$1.1B6,100,742 sh
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
$1.0B5,702,539 sh
NORTHERN TRUST CORP
$965.6M5,554,330 sh
GEODE CAPITAL MANAGEMENT, LLC
$892.9M5,155,381 sh
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO
$720.6M4,145,102 sh

Fund	Value	Shares
BlackRock, Inc.	$2.5B	14,517,839
VANGUARD CAPITAL MANAGEMENT LLC	$2.0B	11,779,613
STATE STREET CORP	$1.6B	9,095,046
FMR LLC	$1.5B	8,683,057
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.5B	8,414,408
PRIMECAP MANAGEMENT CO/CA/	$1.1B	6,100,742
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$1.0B	5,702,539
NORTHERN TRUST CORP	$965.6M	5,554,330
GEODE CAPITAL MANAGEMENT, LLC	$892.9M	5,155,381
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$720.6M	4,145,102

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Is NTRS a good stock to buy?

13F Pro's AI-powered analysis of NORTHERN TRUST CORP (NTRS) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NTRS are available on the NTRS stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. NTRS is classified as a large company.

Which hedge funds own NTRS?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NTRS. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NORTHERN TRUST CORP's investment landscape.