Discontinued — last reported Q4 '25

Business Segments · Employee Benefits

ASSET SERVICING — Employee Benefits

Northern Trust ASSET SERVICING — Employee Benefits decreased by 4.2% to $16.10M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $17.70M to $16.10M. Over 3 years (FY 2022 to FY 2025), ASSET SERVICING — Employee Benefits shows a downward trend with a -29.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025Feb 24, 2026

How to read this metric

Rising costs may reflect increased headcount or higher healthcare/pension funding requirements, impacting segment margins.

Detailed definition

Includes costs related to employee health insurance, retirement contributions, and other non-salary benefits for staff w...

Peer comparison

Comparable to benefits and payroll tax expenses reported by other large financial services firms.

Metric ID: ntrs_segment_asset_servicing_employee_benefits

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$47.68M$47.68M$47.68M$47.68M$16.55M$16.55M$16.55M$16.55M$17.00M$17.20M$18.20M$17.70M$17.40M$16.40M$16.80M$16.10M
QoQ Change+0.0%+0.0%+0.0%-65.3%+0.0%+0.0%+0.0%+2.7%+1.2%+5.8%-2.7%-1.7%-5.7%+2.4%-4.2%
YoY Change-65.3%-65.3%-65.3%-65.3%+2.7%+3.9%+10.0%+6.9%+2.4%-4.7%-7.7%-9.0%
Range$16.10M$47.68M
CAGR-25.1%
Avg YoY Growth-21.4%
Median YoY Growth-6.2%

Frequently Asked Questions

What is Northern Trust's asset servicing — employee benefits?
Northern Trust (NTRS) reported asset servicing — employee benefits of $16.10M in Q4 2025.
How has Northern Trust's asset servicing — employee benefits changed year-over-year?
Northern Trust's asset servicing — employee benefits decreased by 9.0% year-over-year, from $17.70M to $16.10M.
What is the long-term trend for Northern Trust's asset servicing — employee benefits?
Over 3 years (2022 to 2025), Northern Trust's asset servicing — employee benefits has grown at a -29.5% compound annual growth rate (CAGR), from $190.70M to $66.70M.
What does asset servicing — employee benefits mean?
The total cost of non-salary benefits provided to employees in the asset servicing division.