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Northern Trust NTRS Asset Servicing Segment — Net Interest Income

Other segment segments

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$259.5M+3.8%

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Other financials

Income statement

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Revenue$2.2B+13.7%
Net income$525.5M+34.1%
EPS (diluted)$2.71+42.6%

Balance sheet

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Cash & equivalents$6.4B-2.2%
Total debt$624.4M-3.8%
Total equity$13.0B+0.8%
Total assets$174.57B+5.8%

Cash flow

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Operating cash flow-$320.0M-112%
CapEx$9.4M-24.2%
Free cash flow-$329.4M-112%

Valuation

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Market cap$32.17B+33.6%
P/E17.2×+3.3×
P/S3.9×-1.4×

Profitability

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Net margin22.8%-3.9pp
FCF margin65.1%-24.5pp

Returns & leverage

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Return on equity14.5%-3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Northern Trust in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: Northern Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Trust's asset servicing segment — net interest income?
Northern Trust (NTRS) reported asset servicing segment — net interest income of $401.7M in Q1 2026.
How has Northern Trust's asset servicing segment — net interest income changed year-over-year?
Northern Trust's asset servicing segment — net interest income increased by 24.1% year-over-year, from $323.7M to $401.7M.
What is the long-term trend for Northern Trust's asset servicing segment — net interest income?
Over 3 years (2022 to 2025), Northern Trust's asset servicing segment — net interest income has grown at a 9.2% compound annual growth rate (CAGR), from $1.07B to $1.4B.
What does asset servicing segment — net interest income mean?
This represents the difference between the interest income earned on assets held within the Asset Servicing segment and the interest expense paid on related liabilities. It reflects the segment's ability to manage its balance sheet and capture spreads on cash deposits and other interest-bearing instruments. It is highly sensitive to interest rate environments.