Northern Trust: An Undervalued Asset Manager With Growth Indicators, Strong Capital

Albert Anthony
1.22K Followers
(14min)

Summary

  • Northern Trust stock gets upgraded to a buy from my prior hold rating, as it presents an undervalued investment opportunity.
  • NTRS shows several indicators pointing to top-line growth along with strong profit margins and improving factors impacting the bottom line too.
  • Regulatory capital is consistently well above regulatory minimums, while top credit agencies have given it stellar ratings.
  • Although the firm has a large market in the asset management/wealth advisory space, a key risk is competition from top 10 financial brands which also do wealth advisory and asset management too.

Northern Trust building, Miami, Florida.

Francisco Blanco/iStock Editorial via Getty Images

Thesis: A Value Buying Opportunity

With its Q3 earnings results still relatively fresh and having beat the analysts' EPS estimate, Northern Trust (NASDAQ:NTRS) is the topic of today's research article.

Since my January

This article was written by

1.22K Followers
Albert Anthony is the pen name of a Croatian-American media personality on investor platforms Investing.com and Seeking Alpha, where he has grown over +1K followers since 2023 and covers markets & stocks, and as of 2025 hosting an ongoing set of articles called Financial Markets: Growing A Dividend Income Portfolio. His new book of the same name is planned for a 2025 global launch on Amazon soon. A native of the NYC area, he has also called home Austin Texas where he worked as a management & information systems analyst as well as in the IT department of a top-10 financial firm. He has also attended many business & innovation conferences in southeast Europe, and has spoken at startup & digital nomad events in Croatia and Austin. Albert Anthony completed degrees and certificates from Drew University, Corporate Finance Institute, UVA Darden School of Business, CompTIA, and Microsoft. He also is a home-based investor with his own capital, having launched his Future Investor Fund with a focus on building a dividend portfolio. The Albert Anthony brand is wholly owned by Albert Anthony & Co., a sole proprietorship /trade name registered in Austin, Travis County, State of Texas, US. (trade name #2021702741)*Disclaimer: Albert Anthony as an individual and Albert Anthony & Co, as a business and its associates are not a registered financial advisor and do not provide personalized financial advisory but general markets commentary based on publicly-available data, and do not sell or market financial products and services, nor are compensated by any company for rating them. The author does not hold any material position in any stock he rates at the time of rating, unless otherwise disclosed. All investment is assumed to be at risk and readers are expected to do their due diligence beyond the scope of this author's commentary, indemnifying the author of any liability for potential investment losses.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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