What is Northern Trust's asset servicing — net interest income?

Northern Trust (NTRS) reported asset servicing — net interest income of $321.40M in Q3 2024.

How has Northern Trust's asset servicing — net interest income changed year-over-year?

Northern Trust's asset servicing — net interest income increased by 14.3% year-over-year, from $281.20M to $321.40M.

What does asset servicing — net interest income mean?

The profit earned from the difference between interest received on assets and interest paid on deposits.

Discontinued — last reported Q3 '24

ASSET SERVICING — Net Interest Income

Northern Trust ASSET SERVICING — Net Interest Income increased by 12.7% to $321.40M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $281.20M to $321.40M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2021

Last reportedQ3 2024

How to read this metric

Higher income signals improved net interest margins or growth in interest-earning assets, while lower income suggests compressed margins or reduced deposit levels.

Detailed definition

The difference between interest earned on assets, such as loans and cash equivalents, and interest paid on liabilities,...

Peer comparison

Standard metric for all banking and custody institutions, comparable across the financial sector.

Metric ID: ntrs_segment_asset_servicing_net_interest_income

Historical Data

11 periods

	Q2 '21	Q3 '21	Q1 '22	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23	Q1 '24	Q2 '24	Q3 '24
Value	$153.10M	$158.90M	$190.10M	$255.10M	$303.30M	$312.10M	$309.30M	$281.20M	$293.80M	$285.30M	$321.40M
QoQ Change	—	+3.8%	+19.6%	+34.2%	+18.9%	+2.9%	-0.9%	-9.1%	+4.5%	-2.9%	+12.7%
YoY Change	—	—	—	+66.6%	+90.9%	+64.2%	+21.2%	-7.3%	-5.9%	-7.8%	+14.3%

Range$153.10M – $321.40M

CAGR+34.5%

Avg YoY Growth+29.5%

Median YoY Growth+17.8%

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Frequently Asked Questions

What is Northern Trust's asset servicing — net interest income?: Northern Trust (NTRS) reported asset servicing — net interest income of $321.40M in Q3 2024.
How has Northern Trust's asset servicing — net interest income changed year-over-year?: Northern Trust's asset servicing — net interest income increased by 14.3% year-over-year, from $281.20M to $321.40M.
What does asset servicing — net interest income mean?: The profit earned from the difference between interest received on assets and interest paid on deposits.