Discontinued — last reported Q4 '25
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.
Rising costs may reflect increased headcount or higher healthcare/pension funding requirements, impacting segment margins.
Includes costs related to employee health insurance, retirement contributions, and other non-salary benefits for staff w...
Comparable to benefits and payroll tax expenses reported by other large financial services firms.
ntrs_segment_asset_servicing_employee_benefits| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |