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NTRS vs. STT: Northern Trust vs. State Street Stock Comparison

How do Northern Trust (NTRS) and State Street (STT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Northern Trust (NTRS) and State Street (STT) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.

Company profile comparison for Northern Trust (NTRS) and State Street (STT)
Profile ItemNTRSSTT
NameNorthern Trust CorporationState Street Corporation Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryAsset Management & Custody BanksAsset Management & Custody Banks
Market Capitalization31.29 billion USD45.05 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 17, 1980March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NTRS
STT
GSPC
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Northern Trust (NTRS) vs. State Street (STT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Northern Trust (NTRS) and State Street (STT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Northern Trust (NTRS) and State Street (STT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Total Return (1Y)39.45%49.16%
Total Return (3Y, Annualized)40.68%41.54%
Total Return (5Y, Annualized)11.05%16.00%

Risk Profile

Drawdown History

NTRS
STT
GSPC
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Northern Trust (NTRS) vs. State Street (STT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Northern Trust (NTRS) and State Street (STT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Volatility (1Y, Annualized)24.90%25.01%
Beta (5Y)1.181.36
Max Drawdown (5Y)-50.03%-41.45%
Avg. Volume (3M)1.11M1.85M

Risk-Adjusted Performance

Risk-Return Positioning

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NTRS and STT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Sharpe Ratio (1Y)1.411.79
Sortino Ratio (1Y)2.172.61

Profitability

ROE (TTM)

Both Northern Trust (NTRS) at 18.44% and State Street (STT) at 13.08% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

NTRS

Financial Services industry group

18.44%

Max
44.78%
Q3
21.85%
NTRS
18.44%
Median
12.91%
Q1
4.48%
Min
-18.71%

STT

Financial Services industry group

13.08%

Max
44.78%
Q3
21.85%
STT
13.08%
Median
12.91%
Q1
4.48%
Min
-18.71%
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both Northern Trust (NTRS) at 26.00% and State Street (STT) at 23.78% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

NTRS

Financial Services industry group

26.00%

Max
62.84%
Q3
28.05%
NTRS
26.00%
Median
15.36%
Q1
4.82%
Min
-28.52%

STT

Financial Services industry group

23.78%

Max
62.84%
Q3
28.05%
STT
23.78%
Median
15.36%
Q1
4.82%
Min
-28.52%
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Northern Trust (NTRS) at 34.80% and State Street (STT) at 34.63% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

NTRS

Financial Services industry group

34.80%

Max
107.33%
Q3
55.90%
NTRS
34.80%
Median
30.09%
Q1
14.60%
Min
-44.34%

STT

Financial Services industry group

34.63%

Max
107.33%
Q3
55.90%
STT
34.63%
Median
30.09%
Q1
14.60%
Min
-44.34%
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
ROE (TTM)18.44%13.08%
ROA (TTM)1.44%0.95%
Net Margin (TTM)26.00%23.78%
Operating Margin (TTM)34.80%34.63%
Gross Margin (TTM)----

Growth

Revenue Growth

State Street (STT) at 8.10% is around its peer norm for revenue growth, while Northern Trust (NTRS) at -2.46% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Northern Trust (NTRS) vs. State Street (STT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Northern Trust (NTRS) at -10.54% and State Street (STT) at 14.49% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Northern Trust (NTRS) vs. State Street (STT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Revenue Growth (YoY)-2.46%8.10%
Revenue Growth (3Y CAGR)6.15%4.82%
EPS Growth (YoY)-10.54%14.49%
EPS Growth (3Y CAGR)12.49%9.35%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Northern Trust (NTRS) in Financial Services and State Street (STT) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Northern Trust (NTRS) in Financial Services and State Street (STT) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Northern Trust (NTRS) at 1.91% and State Street (STT) at 2.08% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

NTRS

Financial Services industry group

1.91%

Max
9.77%
Q3
3.92%
NTRS
1.91%
Median
1.09%
Q1
0.00%
Min
0.00%

STT

Financial Services industry group

2.08%

Max
9.77%
Q3
3.92%
STT
2.08%
Median
1.09%
Q1
0.00%
Min
0.00%
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Northern Trust (NTRS) at 25.73% and State Street (STT) at 28.10% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

NTRS

Financial Services industry group

25.73%

Max
241.07%
Q3
97.36%
Median
25.77%
NTRS
25.73%
Q1
0.00%
Min
0.00%

STT

Financial Services industry group

28.10%

Max
241.07%
Q3
97.36%
STT
28.10%
Median
25.77%
Q1
0.00%
Min
0.00%
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
Dividend Yield (TTM)1.91%2.08%
Dividend Payout Ratio (TTM)25.73%28.10%

Valuation

P/E Ratio (TTM)

Both Northern Trust (NTRS) at 13.55 and State Street (STT) at 13.53 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NTRS

Financial Services industry group

13.55

Max
45.85
Q3
24.64
Median
15.37
NTRS
13.55
Q1
9.68
Min
0.16

STT

Financial Services industry group

13.53

Max
45.85
Q3
24.64
Median
15.37
STT
13.53
Q1
9.68
Min
0.16
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Northern Trust (NTRS) at 3.35 and State Street (STT) at 2.91 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

NTRS

Financial Services industry group

3.35

Max
9.23
Q3
4.57
NTRS
3.35
Median
2.72
Q1
1.28
Min
-0.55

STT

Financial Services industry group

2.91

Max
9.23
Q3
4.57
STT
2.91
Median
2.72
Q1
1.28
Min
-0.55
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Northern Trust (NTRS) at 2.51 and State Street (STT) at 1.83 are valued close to their industries’ norm against book — neither stands out from peers.

NTRS

Financial Services industry group

2.51

Max
7.79
Q3
3.63
NTRS
2.51
Median
1.57
Q1
0.81
Min
-0.39

STT

Financial Services industry group

1.83

Max
7.79
Q3
3.63
STT
1.83
Median
1.57
Q1
0.81
Min
-0.39
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Northern Trust (NTRS) vs. State Street (STT): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Northern Trust (NTRS) and State Street (STT)
MetricNTRSSTT
P/E Ratio (TTM)13.5513.53
P/S Ratio (TTM)3.352.91
P/B Ratio (MRQ)2.511.83
Free Cash Flow Yield (TTM)----