InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$165.54

2026-10-16

Market Cap

$30.3B

Volume

2.6M

52-Wk High

$195.78

52-Wk Low

$121.12

Trailing PE

14.1

P/S

1.99

Gross Margin

59.8%

Net Margin

14.8%

ROE

17%

ROIC

1%

Piotroski

7/9

Altman Z

0.7

1-Yr Return

+33.7%

5-Yr Return

+133.2%

Northern Trust Corporation, a financial holding company established in 1889 and based in Chicago, Illinois, offers a comprehensive suite of wealth management, asset servicing, asset management, and banking solutions worldwide. Its diverse client base includes corporations, institutions, families, and individual investors. The company structures its operations across two primary segments: Asset Servicing and Wealth Management. The Asset Servicing division delivers a broad spectrum of support and operational services tailored for institutional entities. These services include custody, fund administration, outsourced investment operations, investment management, investment risk and analytical reporting, employee benefit services, securities lending, foreign exchange, treasury management, brokerage, transition management, and banking and cash management solutions. This segment serves corporate and public retirement funds, charitable foundations, endowments, investment managers, insurance companies, sovereign wealth funds, and other major institutional investors. Conversely, the Wealth Management segment is dedicated to high-net-worth individuals, families, business owners, executives, professionals, retirees, and established privately held businesses. Its offerings span trust administration, investment management, custody, philanthropic advisory, financial consulting, guardianship and estate administration, family business consulting, family financial education, brokerage services, and private and business banking. Furthermore, Northern Trust provides extensive asset management capabilities, encompassing active and passive strategies for both equity and fixed income, cash management, and alternative asset classes like private equity and hedge funds of funds. These investment products are delivered via diverse vehicles, including individually managed accounts, bank common and collective funds, registered investment companies, exchange-traded funds, non-U.S. collective investment funds, and unregistered private investment funds. The corporation also offers sophisticated overlay and other risk management services.

SectorFinancial ServicesIndustryAsset ManagementExchangeNASDAQMarket Cap$30.3BEmployees23,800 (SEC-filed)CEOMichael Gerard O'GradyIPO1980-03-17CountryUS

50 South La Salle Street, Chicago, IL 60603 · Tel 312 630 6000 · northerntrust.com

INSIDERSTREET SCORE33 / 100Street mean $184.50 (6 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALTWO-WAY FLOW$0.1M buys against $5.8M sells / 6 mo

1 Year vs S&P 500 · NTRS +33.7% · S&P 500 +15.9% · spread +17.8pp

7 Years vs S&P 500 · NTRS +133.2% · S&P 500 +189.9% · spread -56.7pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE33of 100

Score Breakdown

Profitability	64/100
Growth	60/100
Momentum	54/100
Quality	58/100
Earnings Quality	70/100
Balance Sheet	59/100
Value	78/100
Risk (safety)	15/100
Overall	33.1/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
RJF	51
ARES	45
PFG	57
TROW	78
AMP	48
STT	17
NTRS	33

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 64 in 24 Q2, latest 33 — -31 since. Fell in 3 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY33 / 100IS Score 33.1 / 100 · -31.1 from peak of 64

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 24 / 100 · Power -53 · 4 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit below the midpoint — business quality at 33 and price structure at 24 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Trigger	Where it stands now	What it would mean
IS Score reaches 55 and holds two consecutive quarters	now 33.1	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 40 → 42 → 36 → 33	the direction matters more than the level
Technical vote share back above 50%	now 18%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,026 → now 1,026	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)0 buysnone disclosed

Insider Buys (180d)2$0.08M

ETF Funds (30d)1001 up / 915 downnet +86 funds

Institutions Added (13F)65managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,026 · latest 1,026 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	1,026	156.1M	$26.6B	84.8%
2026 Q1	961	155.2M	$21.4B	84.4%
2025 Q4	914	157.0M	$21.1B	85.3%
2025 Q3	876	159.5M	$21.4B	86.7%
2025 Q2	844	167.2M	$21.0B	90.9%
2025 Q1	788	167.9M	$16.5B	91.3%
2024 Q4	786	167.2M	$16.9B	90.9%
2024 Q3	728	168.3M	$15.1B	91.5%
2024 Q2	697	166.8M	$13.9B	90.6%
2024 Q1	685	167.3M	$14.8B	90.9%
2023 Q4	675	170.6M	$14.3B	92.7%
2023 Q3	645	168.5M	$11.7B	91.6%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Crown Susan	director	2026-10-01	A-Award	87	$0.01M	38,847
Klevorn Marcy S	director	2026-10-01	A-Award	65	$0.01M	13,625
Harrison Dean M	director	2026-10-01	A-Award	152	$0.03M	35,322
Dhandapani Chandra	director	2026-10-01	A-Award	31	$0.01M	7,147
Slark Martin P	director	2026-10-01	A-Award	71	$0.01M	22,468
Petrino Richard	director	2026-10-01	A-Award	6	$0.00M	4,350
Mehta Siddharth N	director	2026-10-01	A-Award	31	$0.01M	12,518
Tribbett Charles A	director	2026-10-01	A-Award	80	$0.01M	35,949

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	9	35,982	$5.8M	Counted
P — Open-market purchases	2	480	$0.1M	Counted
F — Tax withholding	14	41,845	$6.1M	None — compensation
G — Gifts	2	1,620	—	None

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalTwo-Way Flow

Open-Market Sells$5.8M9 txns / 6 mo

Open-Market Buys$0.1M2 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	SELL	$1,001 - $15,000	2026-07-07	2026-08-12
Lisa C. McClain	House	SELL	$1,001 - $15,000	2025-10-31	2025-11-24
Lisa C. McClain	House	SELL	$1,001 - $15,000	2025-10-30	2025-11-24
Dan Sullivan	Senate	SELL	$1,001 - $15,000	2023-08-22	2023-09-22
Dan Sullivan	Senate	SELL	$1,001 - $15,000	2023-08-22	2023-09-21
Daniel Scott Sullivan	Senate	SELL	$1,001 - $15,000	2023-08-22	2023-09-21

House 12-Mo6 trades1 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

13F Filers (last complete Q)961

13F Shares155M84.4% of shares out

New / Closed128 / 63positions, QoQ

Increased / Reduced346 / 297positions, QoQ

Put/Call (13F)1.00option positions

Free Float98.3%180M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Confluence Investment Management L	629,512	$107M
Wealth Enhancement Advisory Servic	59,539	$9M
Czech National Bank	52,568	$9M
Mn Services Vermogensbeheer B.V.	51,278	$9M
Ifm Investors Pty Ltd	38,992	$7M
First Pacific Financial	31,945	$5M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$934M
VTI	0.0%	$934M
VTSAX	0.0%	$934M
VSMPX	0.0%	$934M
VOO	0.0%	$814M
VFINX	0.0%	$814M

13F Filers Holding NTRS — quarterly

Institutional Put/Call — quarterly

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session53.6%2026-10-15

20-Day Avg48.2%50-day 51.7%

TrendFalling20d vs 50d

By Market CenterQ: 55% · N: 42% · B: 87%latest session

Weekly Notional ($B)

Where NTRS Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	1.4M	35 sh
Ubsa Ubs Ats	1.3M	44 sh
Sgmt Sigma X2	0.8M	31 sh
Mlix Instinct X	0.7M	57 sh
Ebxl Level Ats	0.6M	18 sh
Mstx Ms Trajectory Cross (Ats-1)	0.6M	25 sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Where a dollar of Northern Trust Corporation revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
Domestic Country	$5.7B	70%
Foreign Country	$2.4B	30%

NTRS (live moat model)Peer median: RJF · ARES · PFG · TROW · AMP

Component scores from the live moat model. Peer median illustrative.

Moat score 48/100 — Weak; primary source Network Effects.

3.8 · Employees (SEC filings)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Officer	Title
Michael G. O'Grady	Chairman, President & CEO
Peter Cherecwich	Executive Vice President & Chief Operating Officer
Jason Jerrome Tyler	Executive Vice President & President of Wealth Management
Thomas A. South	Executive Vice President & Chief Information Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

Quarterly EPS — Actual vs. Consensus

Beats (>2%)5 of 6recent quarters

Avg Surprise+7.9%

Next Report2026-10-21

Income Quality0.24OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

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Profit Margins (%)

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+3.0%	+19.5%	+56.3%	+31.0%	-9.9%
Gross profit	+9.5%	+3.1%	-0.0%	+22.9%	-2.5%
Operating income	+23.5%	-12.1%	-17.1%	+81.6%	-12.3%
Net income	+27.8%	-13.5%	-17.1%	+83.4%	-14.5%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	6.5	7.8	12.1	15.9	14.3
Cost of revenue	-0.1	1.0	5.4	7.6	6.2
Gross profit	6.5	6.7	6.7	8.3	8.1
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	2.6	2.8	2.9	3.0	3.5
Operating income	2.0	1.8	1.5	2.7	2.3
EBITDA	2.5	2.3	2.1	3.4	3.2
D&A	0.5	0.6	0.6	0.7	0.9
Pretax income	2.0	1.8	1.5	2.7	2.3
Income tax	0.5	0.4	0.4	0.6	0.6
Net income	1.5	1.3	1.1	2.0	1.7
Diluted EPS ($)	7.14	6.14	5.08	9.77	8.74
Diluted shares (M)	209	209	208	202	189

Operating CF$6B

CapEx$0B

Free cash flow$5B

SBC$0B

Buybacks$1B

Net cash change$1B

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Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	46.6	41.1	45.4	61.1
ST investments	27.9	23.9	11.1	2.7
Receivables (net)	1.7	0.2	0.0	0.0
Total current assets	76.2	65.1	56.6	63.8
PP&E (net)	0.5	0.5	1.0	0.5
Goodwill + intangibles	0.7	0.7	2.9	0.7
Total assets	155.0	150.8	155.5	177.1
Accounts payable	0.0	0.0	0.0	0.0
Short-term debt	2.5	3.8	2.6	12.9
Deferred revenue	0.0	0.0	0.0	0.0
Total current liabilities	126.4	120.0	125.1	155.7
Long-term debt	12.4	13.4	13.4	3.5
Total liabilities	143.8	138.9	142.7	164.2
Shareholders' equity	11.3	11.9	12.8	13.0

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.3	1.1	2.0	1.7
D&A	0.6	0.6	0.7	0.8
Stock-based compensation	0.0	0.0	0.0	0.0
Working capital change	0.9	(0.0)	(3.2)	2.7
Operating cash flow	2.4	2.6	(0.5)	5.5
Capital expenditures	(0.7)	(0.7)	(0.7)	(0.1)
Investing cash flow	25.9	4.8	(2.6)	(20.2)
Buybacks	(0.0)	(0.3)	(0.9)	(1.3)
Dividends paid	(0.8)	(0.7)	(0.6)	(0.6)
Debt issuance / (repay)	5.5	0.9	(0.1)	0.3
Financing cash flow	(26.4)	(7.2)	3.4	15.2
Free cash flow	1.7	1.9	(1.2)	5.5

Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	13.0%	11.5%	9.6%	16.5%	13.5%	17%
ROA	0.9%	0.8%	0.7%	1.3%	1.0%	1.3%
ROIC	7.6%	-2.8%	-3.1%	-7.3%	-5.0%	1.2%
Gross margin	100.9%	87.1%	55.7%	52.2%	56.5%	59.8%
Operating margin	31.0%	22.8%	12.1%	16.8%	16.3%	19.8%
Net margin	23.8%	17.2%	9.1%	12.8%	12.1%	14.8%
EBITDA margin	38.9%	29.9%	17.3%	21.3%	22.5%	25.0%
FCF margin	13.0%	21.5%	16.1%	-7.8%	33.1%	—
VALUATION
P/E	14.22	12.54	14.81	9.73	14.83	14.1
P/B	1.83	1.49	1.38	1.55	1.99	2.3
P/S	3.39	2.16	1.35	1.24	1.80	1.99
P/FCF	26.13	10.04	8.41	-16.05	5.44	231.0
EV/EBITDA	12.04	-18.50	-14.91	-6.16	-6.72	-1.5
EV/Revenue	4.69	-5.54	-2.58	-1.31	-1.51	-0.4
Earnings yield	7.0%	8.0%	6.8%	10.3%	6.7%	7.36%
FCF yield	3.8%	10.0%	11.9%	-6.2%	18.4%	0.43%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.39	0.60	0.54	0.45	0.41	4.99
Quick ratio	1.39	0.60	0.54	0.45	0.41	4.99
Debt / equity	0.70	1.32	1.45	1.25	1.27	1.18
Debt / assets	4.6%	9.6%	11.4%	10.3%	9.3%	8.8%
Net debt / EBITDA	3.34	-25.72	-22.72	-12.01	-14.73	-9.47
Interest coverage	84.10	1.78	0.27	0.35	0.38	—

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.04	0.05	0.08	0.10	0.09	0.08
Receivables turnover	—	9.12	12.68	125.15	695.86	—
DSO (days)	0	40	29	3	1	—
DPO (days)	—	0	0	0	0	—
Cash conversion cycle	—	40	29	3	1	—
GROWTH (YoY)
Revenue growth	3.0%	19.4%	56.4%	31.0%	-9.9%	—
Net income growth	27.8%	-13.5%	-17.1%	83.4%	-14.5%	—
EPS growth	28.0%	-13.7%	-16.2%	91.2%	-10.2%	—
FCF growth	-37.1%	98.5%	16.8%	-163.2%	484.4%	—
PER SHARE ($)
EPS (diluted, TTM)	7.41	6.40	5.36	10.25	9.21	12.18
Book value / share	57.61	53.90	57.62	64.55	68.71	72.84
Revenue / share	31.11	37.09	58.68	80.13	75.83	82.53
FCF / share	4.03	7.99	9.44	-6.22	25.10	0.71
Cash / share	0.00	356.75	314.46	285.40	338.22	281.30
SHAREHOLDER RETURN & SCORES
Buyback yield	1.2%	0.2%	2.1%	4.7%	4.9%	4.22%
Altman Z-Score	0.38	-0.11	-0.12	-0.15	-0.30	0.7
Piotroski F-Score	6	4	5	6	6	7/9
Beneish M-Score	-2.39	-2.12	-2.57	-3.02	-3.65	-2.33

Model	Score	Zone	Note
Piotroski F-Score	7 / 9	Strong
Altman Z-Score	0.7	Distress (<1.81)	Distress
Income quality	0.24	Accrual-heavy	OCF ÷ net income
Beneish M-Score	-2.33	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.74
Interest burden	1.00
Operating margin	19.8%
Asset turnover	0.09×
Financial leverage	13.37×
= ROE	17%

Growth Quality (live)	Value
Revenue stability	0.89
Earnings stability	0.65
Earnings persistence	0.88
Revenue CAGR 3y	15.5%
EPS CAGR 3y	27.4%
FCF CAGR 3y	-61.4%

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Buyback Yield4.22%

Dividend Yield1.98%

Total Shareholder Return6.19%cash yield

SBC / Revenue0.0%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
RJF	$30.1B	13.4	18%	13.6%	+9.1%	7/9	-0.7%
ARES	$36.9B	49.0	15%	10.5%	+45.4%	6/9	-20.0%
PFG	$23.3B	15.5	13%	10.3%	+3.7%	5/9	+40.1%
TROW	$21.5B	10.1	21%	33.1%	+7.0%	8/9	+3.0%
AMP	$44.2B	11.9	63%	22.2%	+9.0%	5/9	—
STT	$45.5B	13.3	12%	18.0%	+2.2%	6/9	—
PS	$17.8B	1112.0	-3%	-78.8%	—	3/9	—
TPG	$16.3B	34.9	20%	5.1%	+65.6%	7/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

35 Analysts

Str Sell (0)Sell (5)Hold (18)Buy (12)Str Buy (0)

Mean Target (qtr)$184.506 targets

Target vs. Price+11.5%last-quarter mean

Next Report2026-10-21street $2.87

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$9.48B	$9.54B / $9.43B	$11.53	$12.67 / $11.10	8
FY2027	$9.49B	$9.52B / $9.39B	$12.80	$12.97 / $12.46	9
FY2028	$10.04B	$10.21B / $9.82B	$14.32	$15.22 / $14.01	5

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$186.50	+12.7%	2
Last Quarter	$184.50	+11.5%	6
Last Year	$166.06	+0.3%	16
All Time	$131.02	-20.9%	44

Rolling mean of published targets vs. last close $165.54. Aggregated from StreetInsider, Benzinga, Investing.

Third-Party Composite Rating

A-

DCF

5/5

ROE

5/5

ROA

4/5

Debt/Eq

2/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

NTRS +33.7% vs S&P 500 +15.9% — spread +17.8pp

Sector — XLF +7.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$170.47	-4.93	-2.89%	Below
SMA 50	$179.36	-13.82	-7.71%	Below
SMA 200	$164.09	+1.45	+0.88%	Above
EMA 9	$167.17	-1.63	-0.98%	Below
EMA 21	$170.77	-5.23	-3.06%	Below
EMA 50	$175.23	-9.69	-5.53%	Below
EMA 200	$164.33	+1.21	+0.74%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBEARISHPower Score -534 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%20

Momentum 25%20

Volume 20%25

Volatility 10%0

Patterns 15%50

This Week18% bullishof 11 price-based votes

4 Weeks Ago18%+0 pts since

12 Weeks Ago45%-27 pts since

ReadStabilizingweek-over-week trajectory

Price vs SMA 20$170.47

Price vs SMA 50$179.36

Price vs SMA 200$164.09

EMA 9/21 Cross167.2/170.8

SMA 50/200Golden

ADX DirectionADX 40

Supertrend$173

Parabolic SAR$171

SMA Slope-0.620

RSI34.6

Stochastic K/D31/25

StochRSI K/D51/36

Williams %R-61

CCI-86

TSI vs Signal-33.5

CMO-30.8

ROC-3.42%

OBV SignalDistrib

Chaikin MF-0.030

MFI47

Force Index-1M

Elder Ray Bull-1.99

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 25

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$164.06 / $166.99 / $168.54	S1 / S2	$162.51 / $159.58
Bollinger (20,2)	$162.72 – $178.21	Squeeze	Off
52-wk range	$120.39 – $195.78	Off 52-wk high	-15.4%
ATR (14)	$3.90 (2.4%)	Historical vol	19.8%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-0.7%Jan35%

-0.3%Feb45%

+0.9%Mar48%

+0.2%Apr50%

+0.5%May55%

+0.3%Jun40%

+2.0%Jul65%

-1.3%Aug45%

-1.1%Sep45%

+1.7%Oct65%

+4.5%Nov70%

+3.3%Dec75%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	NTRS	S&P 500
Weekly volatility (σ, 1y)	2.84%	1.83%
Best / worst week (1y)	+7.0% / -6.5%	—
Max drawdown (5y, monthly)	-45.9%	—
1-week VaR (95%)	-4.5%	—
Beta (5y)	1.26	1.00

NTRS EQUITY WEATHER (LIVE)RAINY · -36

Trend-37

Momentum-34

Volume-27

Volatility-60

Breadth-23

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 166 stories, weekly buckets, −1 to +1.

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall-36.1-19.1 vs industry

Trend-36.8-26.9 vs industry

Momentum-33.8-26.8 vs industry

Volume-26.8-26.8 vs industry

Reading	NTRS	Asset Management n=10,831	Financial Services n=24,134	All US symbols n=70,435
Overall	-36.1	-17.0	-16.3	-20.5
Trend	-36.8	-9.8	-12.5	-21.3
Momentum	-33.8	-7.0	-4.4	-15.8
Volume	-26.8	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Frederick H. Waddell Chairman and Chief Exec	$9.2M	75% equity+incentive
William L. Morrison President and Chief Oper	$4.9M	71% equity+incentive
Michael G. O’Grady Executive Vice President	$3.3M	68% equity+incentive
Steven L. Fradkin President—Corporate and In	$3.3M	70% equity+incentive
Jana R. Schreuder President—Wealth Managemen	$3.3M	70% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	72
Social	81
Governance	79
Composite ESG	77

Composite ESG Trend

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-21 to 2026-07-22
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	115 rows · 1997 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-09-30 to 2026-10-01
Proposed sales (Form 144)	edgar/form144	not present for this symbol
Beneficial ownership (13D/G)	edgar/13dg	not present for this symbol
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Northern Trust Corporation (NTRS)

Institutions holding — 12 quarters

Northern Trust Corporation (NTRS)

Monthly Net Insider Flow (000 shares)

Signal Summary

Northern Trust Corporation (NTRS)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding NTRS — quarterly

Institutional Put/Call — quarterly

Where NTRS Trades in the Dark

Northern Trust Corporation (NTRS)

3.8 · Employees (SEC filings)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Balance Sheet — Full

Cash Flow Statement — Full

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Street Price Target — Trajectory

Third-Party Composite Rating

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Family Scores (site weights)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS)