Discontinued — last reported Q4 '23
Business Segments · Average Assets
ASSET SERVICING — Average Assets
Northern Trust ASSET SERVICING — Average Assets remained flat by 0.0% to $25.37B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 12.3%, from $28.91B to $25.37B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2023Feb 27, 2024
Rolls up toAverage Assets
How to read this metric
An increase suggests growth in client assets or market appreciation, while a decrease may indicate client attrition or market volatility.
Detailed definition
This metric represents the average value of assets held or managed within the asset servicing business segment over a sp...
Peer comparison
Comparable to assets under custody (AUC) or assets under administration (AUA) reported by global custody banks and institutional service providers.
Metric ID:
ntrs_segment_asset_servicing_average_assetsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $119.50B | $119.95B | $28.91B | $28.91B | $28.91B | $28.91B | $25.37B | $25.37B | $25.37B | $25.37B |
| QoQ Change | — | +0.4% | -75.9% | +0.0% | +0.0% | +0.0% | -12.3% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | -75.8% | -75.9% | — | -12.3% | -12.3% | -12.3% | -12.3% |
Range$25.37B – $119.95B
CAGR-49.8%
Avg YoY Growth-33.5%
Median YoY Growth-12.3%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Northern Trust's asset servicing — average assets?
- Northern Trust (NTRS) reported asset servicing — average assets of $25.37B in Q4 2023.
- How has Northern Trust's asset servicing — average assets changed year-over-year?
- Northern Trust's asset servicing — average assets decreased by 12.3% year-over-year, from $28.91B to $25.37B.
- What does asset servicing — average assets mean?
- The average total value of assets serviced by the business segment during the period.