Northern Trust Corporation (NTRS)
Northern Trust provides wealth management, asset servicing, and custody for wealthy families and institutions.
NTRS vs RF: how the two businesses compare
Northern Trust (NTRS) and Regions Financial (RF) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. The SEC places them in related industries (State Commercial Banks; National Commercial Banks), and both map to the Rates & central banks research theme.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Financials
- Different
- Separate classifications
- December 31
- Same calendar
- Feb 24, 2026
NTRS vs RF: quick comparison
| Company fact | NTRS | RF |
|---|---|---|
| Company | Northern Trust Corporation | Regions Financial Corporation |
| Exchange | NASDAQ | NYSE |
| SEC industry | State Commercial Banks | National Commercial Banks |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-24 | 10-K · 2026-02-24 |
Where NTRS and RF overlap, and where they don't
Overlap
- Related SEC industries: both sit in SIC major group 60.
- Shared research theme: Rates & central banks.
- Same fiscal calendar: both fiscal years end December 31.
Differences
- Different four-digit SIC codes: NTRS is 6022 (State Commercial Banks); RF is 6021 (National Commercial Banks).
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Regions Financial Corporation (RF)
Regions Financial is a Southeast regional bank offering consumer, commercial, and wealth services.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves NTRS
We have not yet published a company-specific driver list for NTRS. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-24.
What moves RF
We have not yet published a company-specific driver list for RF. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-24.
The investment question
You now know how NTRS and RF are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to rates & central banks, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.
The current verified House and Senate snapshot contains 6 matched transaction rows for NTRS and 5 matched transaction rows for RF. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
NTRS primary filings
RF primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving NTRS or RF
NTRS vs RF FAQs
Are NTRS and RF direct competitors?
Not necessarily. Northern Trust files as State Commercial Banks and Regions Financial as National Commercial Banks. The pair is compared because both map to the Rates & central banks research theme, not because the filings show head-to-head competition.
Which is better, NTRS or RF?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this NTRS vs RF comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Northern Trust Corporation and Regions Financial Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
NTRS vs RF compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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