Discontinued — last reported Q4 '23
Business Segments · Net Income
ASSET SERVICING — Net Income
Northern Trust ASSET SERVICING — Net Income remained flat by 0.0% to $168.70M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 11.5%, from $190.60M to $168.70M. Over 2 years (FY 2021 to FY 2023), ASSET SERVICING — Net Income shows relatively stable performance with a 2.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2023Feb 27, 2024
Rolls up toNet Income
How to read this metric
An increase demonstrates strong bottom-line growth and effective management of both revenue and expenses.
Detailed definition
The final profit of the asset servicing segment after all expenses and taxes have been deducted. It represents the segme...
Peer comparison
Standard bottom-line metric for business segments.
Metric ID:
ntrs_segment_asset_servicing_net_incomeHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $161.60M | $158.20M | $163.40M | $190.60M | $190.60M | $190.60M | $190.60M | $168.70M | $168.70M | $168.70M | $168.70M |
| QoQ Change | — | -2.1% | +3.3% | +16.6% | +0.0% | +0.0% | +0.0% | -11.5% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +17.9% | +20.5% | +16.6% | -11.5% | -11.5% | -11.5% | -11.5% |
Range$158.20M – $190.60M
CAGR+1.7%
Avg YoY Growth+1.3%
Median YoY Growth-11.5%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Northern Trust's asset servicing — net income?
- Northern Trust (NTRS) reported asset servicing — net income of $168.70M in Q4 2023.
- How has Northern Trust's asset servicing — net income changed year-over-year?
- Northern Trust's asset servicing — net income decreased by 11.5% year-over-year, from $190.60M to $168.70M.
- What is the long-term trend for Northern Trust's asset servicing — net income?
- Over 2 years (2021 to 2023), Northern Trust's asset servicing — net income has grown at a 2.6% compound annual growth rate (CAGR), from $641.40M to $674.80M.
- What does asset servicing — net income mean?
- The final profit generated by the asset servicing segment.