Business Segments · Provision for Income Taxes
Asset Servicing Segment — Provision for Income Taxes
Northern Trust Asset Servicing Segment — Provision for Income Taxes increased by 16.7% to $83.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 63.8%, from $50.80M to $83.20M. Over 3 years (FY 2022 to FY 2025), Asset Servicing Segment — Provision for Income Taxes shows relatively stable performance with a 0.2% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
Changes often track with fluctuations in segment pre-tax income or shifts in the geographic mix of the segment's earnings.
Detailed definition
The estimated income tax expense allocated to the Asset Servicing segment based on its pre-tax earnings and applicable t...
Peer comparison
Standard tax allocation practice for business segments in large, multi-jurisdictional financial institutions.
Metric ID:
ntrs_segment_asset_servicing_segment_provision_for_income_taxesHistorical 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 | $60.80M | $60.80M | $60.80M | $60.80M | $46.78M | $46.78M | $46.78M | $46.78M | $48.40M | $29.20M | $56.70M | $59.40M | $50.80M | $58.10M | $64.30M | $71.30M | $83.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -23.1% | +0.0% | +0.0% | +0.0% | +3.5% | -39.7% | +94.2% | +4.8% | -14.5% | +14.4% | +10.7% | +10.9% | +16.7% |
| YoY Change | — | — | — | — | -23.1% | -23.1% | -23.1% | -23.1% | +3.5% | -37.6% | +21.2% | +27.0% | +5.0% | +99.0% | +13.4% | +20.0% | +63.8% |
Range$29.20M – $83.20M
CAGR+8.2%
Avg YoY Growth+9.5%
Median YoY Growth+5.0%
Current Streak4 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Northern Trust's asset servicing segment — provision for income taxes?
- Northern Trust (NTRS) reported asset servicing segment — provision for income taxes of $83.20M in Q1 2026.
- How has Northern Trust's asset servicing segment — provision for income taxes changed year-over-year?
- Northern Trust's asset servicing segment — provision for income taxes increased by 63.8% year-over-year, from $50.80M to $83.20M.
- What is the long-term trend for Northern Trust's asset servicing segment — provision for income taxes?
- Over 3 years (2022 to 2025), Northern Trust's asset servicing segment — provision for income taxes has grown at a 0.2% compound annual growth rate (CAGR), from $243.20M to $244.50M.
- What does asset servicing segment — provision for income taxes mean?
- The portion of the company's total income tax expense attributed to the asset servicing segment.