Discontinued — last reported Q4 '23
Northern Trust ASSET SERVICING — Trust, Investment and Other Servicing Fees remained flat by 0.0% to $615.48M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $624.08M to $615.48M. Over 2 years (FY 2021 to FY 2023), ASSET SERVICING — Trust, Investment and Other Servicing Fees shows relatively stable performance with a -0.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth signals successful client acquisition or an increase in assets under administration, while a decline suggests fee pressure or asset outflows.
Revenue generated from providing custody, administration, and investment services to institutional clients. This is a pr...
Core fee-based revenue metric for custody banks and asset managers, highly comparable across the industry.
ntrs_segment_asset_servicing_trust_investment_and_other_servicing_fees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $611.50M | $630.20M | $625.10M | $624.08M | $624.08M | $624.08M | $624.08M | $615.48M | $615.48M | $615.48M | $615.48M |
| QoQ Change | — | +3.1% | -0.8% | -0.2% | +0.0% | +0.0% | +0.0% | -1.4% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +2.1% | -1.0% | -0.2% | -1.4% | -1.4% | -1.4% | -1.4% |