Discontinued — last reported Q4 '23
ASSET SERVICING — Revenue
Northern Trust ASSET SERVICING — Revenue remained flat by 0.0% to $1.03B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $1.03B to $1.03B. Over 2 years (FY 2021 to FY 2023), ASSET SERVICING — Revenue shows an upward trend with a 6.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth indicates successful expansion of the client base or increased service utilization, whereas a decline points to market headwinds or loss of business.
Detailed definition
The total top-line revenue for the asset servicing segment, comprising both net interest income and noninterest income....
Peer comparison
Standard segment-level revenue metric used across the financial services industry.
ntrs_segment_asset_servicing_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $901.40M | $917.90M | $929.40M | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B |
| QoQ Change | — | +1.8% | +1.3% | +10.3% | +0.0% | +0.0% | +0.0% | +0.9% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +13.7% | +11.7% | +10.3% | +0.9% | +0.9% | +0.9% | +0.9% |
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Frequently Asked Questions
- What is Northern Trust's asset servicing — revenue?
- Northern Trust (NTRS) reported asset servicing — revenue of $1.03B in Q4 2023.
- How has Northern Trust's asset servicing — revenue changed year-over-year?
- Northern Trust's asset servicing — revenue increased by 0.9% year-over-year, from $1.03B to $1.03B.
- What is the long-term trend for Northern Trust's asset servicing — revenue?
- Over 2 years (2021 to 2023), Northern Trust's asset servicing — revenue has grown at a 6.2% compound annual growth rate (CAGR), from $3.66B to $4.14B.
- What does asset servicing — revenue mean?
- Total revenue generated by the asset servicing segment.