Northern Trust Asset Servicing Segment — Allocated Expense decreased by 6.9% to $788.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $697.20M to $788.00M. Over 2 years (FY 2022 to FY 2025), Asset Servicing Segment — Allocated Expense shows an upward trend with a 50.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may reflect higher corporate-wide investments or changes in allocation methodology, while a decrease could indicate cost-saving initiatives at the corporate level.
Reflects the portion of corporate overhead and shared service costs assigned to the Asset Servicing segment. This alloca...
Standard practice in segment reporting for large financial institutions to distribute shared costs across business lines.
ntrs_segment_asset_servicing_segment_allocated_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $336.20M | $336.20M | $336.20M | $336.20M | $367.38M | $367.38M | $367.38M | $367.38M | $654.20M | $689.20M | $682.70M | $697.20M | $740.70M | $763.60M | $846.00M | $788.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.3% | +0.0% | +0.0% | +0.0% | +78.1% | +5.4% | -0.9% | +2.1% | +6.2% | +3.1% | +10.8% | -6.9% |
| YoY Change | — | — | — | — | +9.3% | +9.3% | +9.3% | +9.3% | +78.1% | +87.6% | +85.8% | +6.6% | +7.5% | +11.9% | — | +13.0% |