Bank Owned Life Insurance — Other Operating Income(1)
Northern Trust Bank Owned Life Insurance — Other Operating Income(1) decreased by 11.4% to $19.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $19.30M to $19.50M. Over 4 years (FY 2021 to FY 2025), Bank Owned Life Insurance — Other Operating Income(1) shows an upward trend with a 13.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher returns on insurance assets or favorable adjustments to policy values, while a decrease may reflect lower investment performance or reduced policy holdings. Consistent growth suggests effective management of corporate-owned insurance portfolios as a stable revenue source.
Detailed definition
This metric represents the non-interest income generated from Bank Owned Life Insurance (BOLI) policies held by the inst...
Peer comparison
Peers in the financial services and banking sector often report similar income under non-interest revenue or other operating income categories, though the specific accounting treatment for BOLI can vary based on policy structure and tax status.
ntrs_segment_bank_owned_life_insurance_other_operating_income_1Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $12.13M | $12.13M | $12.13M | $11.80M | $14.90M | $17.30M | $17.00M | $16.70M | $17.00M | $17.30M | $18.50M | $20.60M | $21.40M | $18.40M | $18.70M | $19.30M | $19.60M | $19.40M | $22.00M | $19.50M |
| QoQ Change | — | +0.0% | +0.0% | -2.7% | +26.3% | +16.1% | -1.7% | -1.8% | +1.8% | +1.8% | +6.9% | +11.4% | +3.9% | -14.0% | +1.6% | +3.2% | +1.6% | -1.0% | +13.4% | -11.4% |
| YoY Change | — | — | — | — | +22.9% | +42.7% | +40.2% | +41.5% | +14.1% | +0.0% | +8.8% | +23.4% | +25.9% | +6.4% | +1.1% | -6.3% | -8.4% | +5.4% | +17.6% | +1.0% |
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Frequently Asked Questions
- What is Northern Trust's bank owned life insurance — other operating income(1)?
- Northern Trust (NTRS) reported bank owned life insurance — other operating income(1) of $19.50M in Q1 2026.
- How has Northern Trust's bank owned life insurance — other operating income(1) changed year-over-year?
- Northern Trust's bank owned life insurance — other operating income(1) increased by 1.0% year-over-year, from $19.30M to $19.50M.
- What is the long-term trend for Northern Trust's bank owned life insurance — other operating income(1)?
- Over 4 years (2021 to 2025), Northern Trust's bank owned life insurance — other operating income(1) has grown at a 13.4% compound annual growth rate (CAGR), from $48.50M to $80.30M.
- What does bank owned life insurance — other operating income(1) mean?
- The income earned by the bank from life insurance policies it owns on its employees.