Discontinued — last reported Q4 '23
ASSET SERVICING — Foreign Exchange Trading Income
Northern Trust ASSET SERVICING — Foreign Exchange Trading Income remained flat by 0.0% to $53.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 24.2%, from $70.25M to $53.25M. Over 2 years (FY 2021 to FY 2023), ASSET SERVICING — Foreign Exchange Trading Income shows a downward trend with a -12.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher client trading activity or improved margins in currency execution, while a decrease may indicate lower market volatility or reduced client transaction volumes.
Detailed definition
Revenue generated from executing foreign exchange transactions on behalf of institutional clients within the asset servi...
Peer comparison
Common among global custodians and asset servicers; peers include BNY Mellon and State Street.
ntrs_segment_asset_servicing_foreign_exchange_trading_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $67.9M | $63.2M | $73.4M | $70.25M | $70.25M | $70.25M | $70.25M | $53.25M | $53.25M | $53.25M | $53.25M |
| QoQ Change | — | -6.9% | +16.1% | -4.3% | +0.0% | +0.0% | +0.0% | -24.2% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +3.5% | +11.2% | -4.3% | -24.2% | -24.2% | -24.2% | -24.2% |
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Frequently Asked Questions
- What is Northern Trust's asset servicing — foreign exchange trading income?
- Northern Trust (NTRS) reported asset servicing — foreign exchange trading income of $53.25M in Q4 2023.
- How has Northern Trust's asset servicing — foreign exchange trading income changed year-over-year?
- Northern Trust's asset servicing — foreign exchange trading income decreased by 24.2% year-over-year, from $70.25M to $53.25M.
- What is the long-term trend for Northern Trust's asset servicing — foreign exchange trading income?
- Over 2 years (2021 to 2023), Northern Trust's asset servicing — foreign exchange trading income has grown at a -12.6% compound annual growth rate (CAGR), from $279M to $213M.
- What does asset servicing — foreign exchange trading income mean?
- Income earned from helping clients trade foreign currencies.