NTRS

Northern TrustB

Nasdaq / Financial Services

At close

2026-06-02

Current thesis

Northern Trust entered 2026 with visibly better operating momentum: first-quarter trust and servicing fees rose 11% year over year, net interest income rose 15%, foreign-exchange trading income rose 49%, and management highlighted strong financial momentum with a 17.4% return on equity. If those gains hold into the July 22, 2026 earnings checkpoint, the stock can justify trading modestly above the current anchor, but the setup still depends on another solid execution quarter rather than a new structural rerating.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -0.1.

What can break

Capital return support could weaken if CET1 continues to drift lower or if risk-weighted assets rise faster than earnings.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $159.00 · Bull $171.00 · Bear $145.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-02 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-21 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $159.04

Why

Momentum76 · Δ7d -0.1

Value52 · Δ7d -0.1

Sentiment49 · Δ7d +2.6

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-0.1

Δ21d

-2.9

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.1

Δ21d

-0.5

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+2.6

Δ21d

+3.2

Why this grade

Composite grade B. Momentum 76.2 / Value 52.3 / Sentiment 48.8

Fundamentals (TTM)

As of 2026-06-02

Market Cap

$31.42B

Beta

1.28

Shares Out

189.12M

P/E (TTM)

16.8

P/S (TTM)

1.99

P/FCF (TTM)

25.14

Rev YoY

-9.0%

EPS YoY

+3.1%

Gross Margin

+58.0%

Op Margin

+16.8%

Net Debt

$133.8B

Current Ratio

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology