Discontinued — last reported Q4 '23

Business Segments · Trust, Investment and Other Servicing Fees

ASSET SERVICING — Trust, Investment and Other Servicing Fees

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2023Feb 27, 2024
Rolls up toTotal Revenue

How to read this metric

Growth signals successful client acquisition or an increase in assets under administration, while a decline suggests fee pressure or asset outflows.

Detailed definition

Revenue generated from providing custody, administration, and investment services to institutional clients. This is a pr...

Peer comparison

Core fee-based revenue metric for custody banks and asset managers, highly comparable across the industry.

Metric ID: ntrs_segment_asset_servicing_trust_investment_and_other_servicing_fees

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '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%
Range$611.50M$630.20M
CAGR+0.3%
Avg YoY Growth-0.7%
Median YoY Growth-1.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Northern Trust's asset servicing — trust, investment and other servicing fees?
Northern Trust (NTRS) reported asset servicing — trust, investment and other servicing fees of $615.48M in Q4 2023.
How has Northern Trust's asset servicing — trust, investment and other servicing fees changed year-over-year?
Northern Trust's asset servicing — trust, investment and other servicing fees decreased by 1.4% year-over-year, from $624.08M to $615.48M.
What is the long-term trend for Northern Trust's asset servicing — trust, investment and other servicing fees?
Over 2 years (2021 to 2023), Northern Trust's asset servicing — trust, investment and other servicing fees has grown at a -0.5% compound annual growth rate (CAGR), from $2.49B to $2.46B.
What does asset servicing — trust, investment and other servicing fees mean?
Fees earned from providing custody and investment services to institutional clients.