Discontinued — last reported Q4 '23
Northern Trust ASSET SERVICING — Foreign Exchange Rates remained flat by 0.0% to $2.73M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 174.1%, from -$3.68M to $2.73M. This decline may warrant attention — for this metric, higher values are generally preferred.
Positive values indicate favorable currency movements, while negative values indicate losses due to exchange rate volatility.
Reflects the impact of currency fluctuations on the asset servicing segment's financial results. This captures gains or...
Commonly reported by multinational financial institutions with significant cross-border operations.
ntrs_segment_asset_servicing_foreign_exchange_rates| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.20M | -$3.80M | -$3.68M | -$3.68M | -$3.68M | -$3.68M | $2.73M | $2.73M | $2.73M | $2.73M |
| QoQ Change | — | -416.7% | +3.3% | +0.0% | +0.0% | +0.0% | +174.1% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | -406.3% | +3.3% | — | +174.1% | +174.1% | +174.1% | +174.1% |