Northern Trust vs State Street
NTRS and STT side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NTRS and STT compare
State Street is the larger company, worth 1.5 times as much as Northern Trust ($46.6B against $30.9B).
On earnings, Northern Trust is cheaper: it trades at 13.2× trailing earnings, against 15.0× for State Street.
State Street grew revenue faster over the last twelve months (12.3% versus −0.65% for Northern Trust).
Northern Trust keeps more of each dollar of sales as profit, with a net margin of 28.8% compared with 23.0% at State Street.
Both pay dividends: Northern Trust yields 1.9% and State Street 2.0%.
State Street scores higher on the StockData Score (12 against 11 for Northern Trust), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NTRS | STT |
|---|---|---|
| Size and price | ||
| Market cap | $30.9B | $46.6B |
| Share price | $169.16 | $169.77 |
| Change, 1 year | 32.9% | 45.4% |
| Change, 5 years | 36.9% | 77.5% |
| Beta (5Y) | 1.13 | 1.15 |
| Employees | 24K | 52K |
| StockData Score | ||
| Total score | 11 | 12 (better) |
| Valuation score | 1 | 1 |
| Growth score | 2 | 2 |
| Performance score | 4 (better) | 3 |
| Health score | 0 | 2 (better) |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 13.2× (better) | 15.0× |
| P/S | 3.7× | 3.1× (better) |
| P/B | 2.3× | 1.6× (better) |
| P/FCF | 17.8× (better) | 23.1× |
| PEG | 1.05 (better) | 1.60 |
| FCF yield | 5.6% (better) | 4.3% |
| Fair value | $140.60 | $131.04 |
| Margin of safety | −20.3% (better) | −29.6% |
| Growth | ||
| Revenue growth (TTM) | −0.65% | 12.3% (better) |
| Revenue growth, 5Y average | 5.8% (better) | 3.6% |
| Net income growth (TTM) | 40.6% (better) | 21.3% |
| EPS growth (TTM) | 49.3% (better) | 27.0% |
| EPS growth, 5Y average | 9.9% (better) | 8.3% |
| Profitability | ||
| Net margin | 28.8% (better) | 23.0% |
| FCF margin | 20.6% (better) | 13.4% |
| Return on equity | 18.4% (better) | 12.4% |
| Financial health | ||
| Altman Z-score | 0.32 (better) | 0.22 |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Dividend yield | 1.9% | 2.0% (better) |
| Payout ratio | 24.9% | 33.4% |
| Years of dividend growth | 1 | 15 (better) |
| Dividend growth, 5Y average | 2.1% | 9.0% (better) |
| Buyback yield | 4.6% (better) | 3.4% |
| Shareholder yield | 6.6% (better) | 5.5% |
| Ownership | ||
| Held by institutions | 84.6% | 91.5% |
| Held by insiders | 1.8% | 0.57% |
| Insider net buying, 12 months | −$14.7M (better) | −$20.6M |
| Superinvestors holding | 1 | 3 (better) |
| Short interest, % of float | – | 1.9% |
Go deeper
- NTRS stock overview
- NTRS income statement
- NTRS valuation and score
- STT stock overview
- STT income statement
- STT valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.