Other Income & Expense
Interest Expense
Northern Trust Interest Expense increased by 6.4% to $1.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $1.57B to $1.58B. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 302.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
Metric ID:
interest_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.50M | $4.90M | $1.60M | $2.50M | $66.10M | $286.30M | $635.60M | $924.20M | $1.22B | $1.48B | $1.72B | $1.92B | $1.98B | $1.97B | $1.72B | $1.57B | $1.60B | $1.55B | $1.49B | $1.58B |
| QoQ Change | — | -34.7% | -67.3% | +56.3% | >999% | +333.1% | +122.0% | +45.4% | +32.4% | +20.9% | +16.1% | +11.7% | +3.4% | -0.8% | -12.8% | -8.4% | +1.9% | -3.0% | -4.4% | +6.4% |
| YoY Change | — | — | — | — | +781.3% | >999% | >999% | >999% | >999% | +416.5% | +170.1% | +107.5% | +62.1% | +33.1% | -0.0% | -18.0% | -19.2% | -21.1% | -13.5% | +0.5% |
Range$1.60M – $1.98B
CAGR+208.4%
Avg YoY Growth>999%
Median YoY Growth+84.8%
Interest Expense at Other Companies
Frequently Asked Questions
- What is Northern Trust's interest expense?
- Northern Trust (NTRS) reported interest expense of $1.58B in Q1 2026.
- How has Northern Trust's interest expense changed year-over-year?
- Northern Trust's interest expense increased by 0.5% year-over-year, from $1.57B to $1.58B.
- What is the long-term trend for Northern Trust's interest expense?
- Over 4 years (2021 to 2025), Northern Trust's interest expense has grown at a 302.0% compound annual growth rate (CAGR), from $23.80M to $6.21B.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.