Business Segments · Allocated Expense

Asset Servicing Segment — Allocated Expense

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read 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.

Detailed definition

Reflects the portion of corporate overhead and shared service costs assigned to the Asset Servicing segment. This alloca...

Peer comparison

Standard practice in segment reporting for large financial institutions to distribute shared costs across business lines.

Metric ID: ntrs_segment_asset_servicing_segment_allocated_expense

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$336.20M$846.00M
CAGR+25.5%
Avg YoY Growth+29.8%
Median YoY Growth+9.3%

Frequently Asked Questions

What is Northern Trust's asset servicing segment — allocated expense?
Northern Trust (NTRS) reported asset servicing segment — allocated expense of $788.00M in Q1 2026.
How has Northern Trust's asset servicing segment — allocated expense changed year-over-year?
Northern Trust's asset servicing segment — allocated expense increased by 13.0% year-over-year, from $697.20M to $788.00M.
What is the long-term trend for Northern Trust's asset servicing segment — allocated expense?
Over 2 years (2022 to 2025), Northern Trust's asset servicing segment — allocated expense has grown at a 50.5% compound annual growth rate (CAGR), from $1.34B to $3.05B.
What does asset servicing segment — allocated expense mean?
The share of corporate overhead costs assigned to the asset servicing business segment.