Cboe Global Markets vs Northern Trust

This page compares Cboe Global Markets and Northern Trust, examining their business models, financial performance, and market context in a neutral, accessible way. It presents how each company operates, the markets they serve, and the factors shaping their activities today. Educational content, not financial advice.

This page compares Cboe Global Markets and Northern Trust, examining their business models, financial performance, and market context in a neutral, accessible way. It presents how each company operate...

Comparison Snapshot

Key Financial Metrics

CBOE

Metric

NTRS

$28.27B

Market Cap

$27.89B

-0.73%

Potential Profit

-7.84%

Hold

Analyst Rating

Hold

Why It's Moving

Cboe rolls out key market data pricing updates and index feed enhancements amid rising derivatives demand.

Introduced market data and access fee updates on Cboe Options exchanges effective January 1, 2026, optimizing costs for high-volume traders.
Launched Cboe Global Indices Feed with new PIMCO US Stocks PLUS Active values, expanding real-time data for sophisticated index strategies.
Filed and activated rule change to amend Short Term Option Series program, boosting flexibility amid surging demand for short-dated options.

Sentiment:

🐃Bullish

Northern Trust's FY 2025 Wrap Shows Revenue Growth but Margin Squeeze Sparks Investor Debate

AUM surged to $1,772.7 billion by Q3 end, fueled by net inflows peaking at $11.6 billion in Q1, underscoring sticky institutional and wealth management clients.
Basic EPS edged up quarterly to $2.41 but trailed 12-month prior at $8.78 versus $9.80, painting a mixed earnings picture.
Trailing net income excluding extras fell to $1,679.2 million from $1,972.4 million, as margin pressures challenge profitability despite top-line gains.

Sentiment:

⚖️Neutral

Cboe rolls out key market data pricing updates and index feed enhancements amid rising derivatives demand.

Introduced market data and access fee updates on Cboe Options exchanges effective January 1, 2026, optimizing costs for high-volume traders.
Launched Cboe Global Indices Feed with new PIMCO US Stocks PLUS Active values, expanding real-time data for sophisticated index strategies.
Filed and activated rule change to amend Short Term Option Series program, boosting flexibility amid surging demand for short-dated options.

Sentiment:

🐃Bullish

Northern Trust's FY 2025 Wrap Shows Revenue Growth but Margin Squeeze Sparks Investor Debate

AUM surged to $1,772.7 billion by Q3 end, fueled by net inflows peaking at $11.6 billion in Q1, underscoring sticky institutional and wealth management clients.
Basic EPS edged up quarterly to $2.41 but trailed 12-month prior at $8.78 versus $9.80, painting a mixed earnings picture.
Trailing net income excluding extras fell to $1,679.2 million from $1,972.4 million, as margin pressures challenge profitability despite top-line gains.

Sentiment:

⚖️Neutral

Investment Analysis

Cboe Global Markets

CBOE

Pros

Cboe Global Markets reported record quarterly earnings and strong revenue growth, reflecting robust demand for options trading and market volatility.
The company maintains a solid balance sheet with a low debt-to-equity ratio and healthy liquidity metrics, supporting financial stability.
Cboe continues to expand its global footprint and digital asset offerings, positioning itself for long-term growth in evolving financial markets.

Considerations

Analyst consensus is a 'Hold' with a slight projected decrease in share price, indicating limited near-term upside potential.
The stock trades at a high P/E ratio, which may make it vulnerable to valuation corrections if earnings growth slows.
Cboe's business is sensitive to market volatility and trading volumes, which can fluctuate significantly with economic conditions.

Northern Trust

NTRS

Pros

Northern Trust manages a vast portfolio of assets, benefiting from scale and a diversified client base across wealth and asset management.
The company has a strong reputation and long history in financial services, supporting client trust and retention in competitive markets.
Northern Trust's global presence and broad service offerings provide resilience against regional economic downturns.

Considerations

Asset management revenues are highly dependent on market performance, exposing Northern Trust to cyclical downturns and fee compression.
The company faces increasing competition from fintech firms and lower-cost providers, which could pressure margins and growth.
Northern Trust's stock has a relatively high market capitalisation, which may limit rapid growth compared to smaller peers.

Related Market Insights

Fed Independence Under Fire: The Market Opportunity Hidden in Political Chaos

Explore investment opportunities as Fed independence faces pressure. Discover companies thriving on market volatility, regulatory uncertainty, and increased trading. Invest with Nemo.