What is Northern Trust's income tax?

Northern Trust (NTRS) reported income tax of $175.1M in Q1 2026.

How has Northern Trust's income tax changed year-over-year?

Northern Trust's income tax increased by 35.3% year-over-year, from $129.4M to $175.1M.

What is the long-term trend for Northern Trust's income tax?

Over 4 years (2021 to 2025), Northern Trust's income tax has grown at a 6.7% compound annual growth rate (CAGR), from $464.8M to $602.6M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Northern Trust NTRS Income Tax

Income Tax at other companies

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$205M+15.2%

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$54.02M+20.4%

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$76.8M+59.7%

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CWA

CWANCWAN

-$809K-152%

Segments

By segment

See full

Asset Servicing Segment$83.2M+63.5%

Wealth Management Segment$82.3M+10.6%

Other financials

Income statement

See full

Revenue$2.2B+13.7%

Net income$525.5M+34.1%

EPS (diluted)$2.71+42.6%

Balance sheet

See full

Cash & equivalents$6.4B-2.2%

Total debt$624.4M-3.8%

Total equity$13.0B+0.8%

Total assets$174.57B+5.8%

Cash flow

See full

Operating cash flow-$320.0M-112%

CapEx$9.4M-24.2%

Free cash flow-$329.4M-112%

Valuation

See full

Market cap$32.17B+39.9%

P/E17.2×+3.9×

P/S3.9×-1.4×

Profitability

See full

Net margin22.8%-3.9pp

FCF margin65.1%-24.5pp

Returns & leverage

See full

Return on equity14.5%-3.2pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Northern Trust in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Northern Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Trust's income tax?: Northern Trust (NTRS) reported income tax of $175.1M in Q1 2026.
How has Northern Trust's income tax changed year-over-year?: Northern Trust's income tax increased by 35.3% year-over-year, from $129.4M to $175.1M.
What is the long-term trend for Northern Trust's income tax?: Over 4 years (2021 to 2025), Northern Trust's income tax has grown at a 6.7% compound annual growth rate (CAGR), from $464.8M to $602.6M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.