Discontinued — last reported Q4 '23

Business Segments · Goodwill

ASSET SERVICING — Goodwill

Northern Trust ASSET SERVICING — Goodwill increased by 1.8% to $621.90M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from $611.00M to $621.90M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2023
Rolls up toGoodwill

How to read this metric

A decrease may signal impairment charges due to underperformance, while stability indicates the value of acquired businesses remains intact.

Detailed definition

The intangible asset value representing the premium paid for acquisitions within the asset servicing segment over the fa...

Peer comparison

Standard balance sheet item for companies that have grown through acquisition, comparable across the financial sector.

Metric ID: ntrs_segment_asset_servicing_goodwill

Historical Data

5 periods
 Q2 '21Q3 '21Q4 '21Q4 '22Q4 '23
Value$638.20M$634.40M$625.70M$611.00M$621.90M
QoQ Change-0.6%-1.4%-2.3%+1.8%
YoY Change-2.3%+1.8%
Range$611.00M$638.20M
CAGR-2.6%
Avg YoY Growth-0.3%
Median YoY Growth-0.3%

Frequently Asked Questions

What is Northern Trust's asset servicing — goodwill?
Northern Trust (NTRS) reported asset servicing — goodwill of $621.90M in Q4 2023.
How has Northern Trust's asset servicing — goodwill changed year-over-year?
Northern Trust's asset servicing — goodwill increased by 1.8% year-over-year, from $611.00M to $621.90M.
What does asset servicing — goodwill mean?
The value of intangible assets from past acquisitions in the asset servicing division.