Northern Trust Corporation (NASDAQ:NTRS) is a financial services company that provides asset servicing, fund administration, investment management, and banking solutions. It primarily serves corporations, institutions, and affluent individuals. The company competes with other financial giants like State Street and BNY Mellon in the asset management and servicing industry.

On January 23, 2025, Northern Trust reported earnings per share (EPS) of $2.26, surpassing the estimated $1.96. This performance also exceeded the Zacks Consensus Estimate of $2.02 per share, as highlighted by Zacks. The company had earnings of $1.46 per share in the same quarter last year, showcasing significant growth.

Northern Trust's revenue for the quarter was approximately $1.97 billion, exceeding the estimated $1.93 billion. This growth is attributed to a rallying equity market, which has boosted the company's income from asset servicing and management. The company's fourth-quarter profit rose more than fourfold, surpassing Wall Street estimates.

The company's financial health is reflected in its price-to-earnings (P/E) ratio of approximately 13, indicating that investors are willing to pay $13 for every $1 of earnings. The price-to-sales ratio stands at about 1.70, suggesting that investors are paying $1.70 for every $1 of the company's sales.

Northern Trust's earnings yield is approximately 7.69%, providing an indication of the return on investment. The debt-to-equity ratio is around 1.08, indicating that the company has slightly more debt than equity. These metrics suggest a balanced financial structure, supporting its growth and profitability.