Business Segments · Outside Services
Asset Servicing Segment — Outside Services
Year-over-year, this metric declined by 49.2%, from $58.70M to $29.80M. Over 3 years (FY 2022 to FY 2025), Asset Servicing Segment — Outside Services shows a downward trend with a -33.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toProfessional fees
How to read this metric
An increase may indicate higher reliance on external expertise or temporary project costs, while a decrease suggests improved internal efficiency or reduced outsourcing.
Detailed definition
Represents the costs incurred by the Asset Servicing segment for third-party professional services, including consulting...
Peer comparison
Commonly reported as 'Professional Services' or 'Outside Services' in segment-level expense breakdowns for financial services firms.
Metric ID:
ntrs_segment_asset_servicing_segment_outside_servicesHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $108.38M | $108.38M | $108.38M | $108.38M | $112.45M | $112.45M | $112.45M | $112.45M | $61.10M | $52.40M | $43.60M | $279.90M | $58.70M | $43.90M | $24.00M | $0.00 | $29.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.8% | +0.0% | +0.0% | +0.0% | -45.7% | -14.2% | -16.8% | +542.0% | -79.0% | -25.2% | -45.3% | -100.0% | — |
| YoY Change | — | — | — | — | +3.8% | +3.8% | +3.8% | +3.8% | -45.7% | -53.4% | -61.2% | +148.9% | -3.9% | -16.2% | -45.0% | -100.0% | -49.2% |
Range$0.00 – $279.90M
CAGR-27.6%
Avg YoY Growth-16.2%
Median YoY Growth-16.2%
Current Streak5 quarters decline
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Frequently Asked Questions
- What is Northern Trust's asset servicing segment — outside services?
- Northern Trust (NTRS) reported asset servicing segment — outside services of $29.80M in Q1 2026.
- How has Northern Trust's asset servicing segment — outside services changed year-over-year?
- Northern Trust's asset servicing segment — outside services decreased by 49.2% year-over-year, from $58.70M to $29.80M.
- What is the long-term trend for Northern Trust's asset servicing segment — outside services?
- Over 3 years (2022 to 2025), Northern Trust's asset servicing segment — outside services has grown at a -33.7% compound annual growth rate (CAGR), from $433.50M to $126.60M.
- What does asset servicing segment — outside services mean?
- The total cost paid to external vendors for professional services within the asset servicing business.