Non-Current Liabilities
Hybrid debt
Northern Trust Hybrid debt increased by 9.5% to $7.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.0%, from $6.53B to $7.84B. Over 5 years (FY 2020 to FY 2025), Hybrid debt shows an upward trend with a 12.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026
How to read this metric
Changes reflect shifts in the company's long-term capital structure and its strategy for meeting regulatory capital buffers.
Detailed definition
This category includes long-term debt instruments that possess characteristics of both debt and equity, or other non-sta...
Peer comparison
Often categorized as 'Hybrid Capital' or 'Other Long-term Debt' by financial institutions.
Metric ID:
non_current_liabilities_other_borrowingsHistorical 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 | $5.14B | $5.62B | $3.58B | $3.52B | $3.51B | $7.15B | $7.59B | $11.37B | $12.38B | $6.87B | $6.57B | $6.53B | $6.82B | $6.90B | $6.52B | $6.53B | $6.53B | $6.58B | $7.16B | $7.84B |
| QoQ Change | — | +9.3% | -36.2% | -1.7% | -0.2% | +103.5% | +6.1% | +49.7% | +8.9% | -44.5% | -4.4% | -0.6% | +4.6% | +1.2% | -5.5% | +0.2% | -0.0% | +0.7% | +8.8% | +9.5% |
| YoY Change | — | — | — | — | -31.6% | +27.3% | +111.9% | +222.8% | +252.3% | -4.0% | -13.5% | -42.6% | -44.9% | +0.5% | -0.7% | +0.1% | -4.3% | -4.7% | +9.8% | +20.0% |
Range$3.51B – $12.38B
CAGR+9.3%
Avg YoY Growth+31.1%
Median YoY Growth-0.3%
Current Streak3 quarters growth
Hybrid debt at Other Companies
Frequently Asked Questions
- What is Northern Trust's hybrid debt?
- Northern Trust (NTRS) reported hybrid debt of $7.84B in Q1 2026.
- How has Northern Trust's hybrid debt changed year-over-year?
- Northern Trust's hybrid debt increased by 20.0% year-over-year, from $6.53B to $7.84B.
- What is the long-term trend for Northern Trust's hybrid debt?
- Over 5 years (2020 to 2025), Northern Trust's hybrid debt has grown at a 12.3% compound annual growth rate (CAGR), from $4.01B to $7.16B.
- What does hybrid debt mean?
- Long-term debt instruments that do not fit into standard senior debt categories.