Skip to content

Northern Trust NTRS Asset Servicing Segment — Provision for Income Taxes

Other segment segments

Wealth Management Segment
$82.3M+10.6%

Similar metrics at other companies

Cherry Hill Mortgage Investment logo
CHMIServicing Related Assets — Income Tax Expense Benefit
$939K+443%
Starwood Property Trust logo
STWDInvesting and Servicing Segment — Income Tax Expense (Benefit)
$7.75M+132%
Nelnet logo
NNIAsset Generation and Management — Income Tax Expense (Benefit)
$7.32M+2.3%
HOM
HOMBBanking Segment — Income Tax
$34.02M+6.5%
Asset Entities logo
ASSTAsset Management — Income tax expense (benefit)
$0
Mid Penn Bancorp logo
MPBReportable Segment — Provision for income taxes
$2.6M-15.3%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$32.17B+39.9%
P/E17.2×+3.9×
P/S3.9×-1.4×

Profitability

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

Returns & leverage

See full
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:IncomeTaxExpenseBenefit.

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

Ask your AI about Northern Trust's asset servicing segment — provision for income taxes.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Northern Trust's asset servicing segment — provision for income taxes?
Northern Trust (NTRS) reported asset servicing segment — provision for income taxes of $83.2M 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 63.5% year-over-year, from $50.9M to $83.2M.
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 $243.2M to $244.6M.
What does asset servicing segment — provision for income taxes mean?
The estimated income tax expense allocated to the Asset Servicing segment based on its pre-tax earnings and applicable tax jurisdictions. This metric reflects the tax burden associated with the segment's specific operations. It is essential for calculating the segment's net contribution to the firm's after-tax earnings.