What is Northern Trust's other income — other operating income?

Northern Trust (NTRS) reported other income — other operating income of $5.78M in Q4 2023.

How has Northern Trust's other income — other operating income changed year-over-year?

Northern Trust's other income — other operating income decreased by 67.0% year-over-year, from $17.50M to $5.78M.

What is the long-term trend for Northern Trust's other income — other operating income?

Over 2 years (2021 to 2023), Northern Trust's other income — other operating income has grown at a -57.3% compound annual growth rate (CAGR), from $126.40M to $23.10M.

What does other income — other operating income mean?

The total of secondary, non-core operating revenues generated outside of primary fee-based business lines.

Discontinued — last reported Q4 '23

Products & Services · Other Operating Income

Other Income — Other Operating Income

Northern Trust Other Income — Other Operating Income remained flat by 0.0% to $5.78M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 67.0%, from $17.50M to $5.78M. Over 2 years (FY 2021 to FY 2023), Other Income — Other Operating Income shows a downward trend with a -57.3% CAGR.

Analysis

StatementSegment

CategoryProfitability

SignalContext dependent

VolatilityVolatile

First reportedQ1 2016

Last reportedQ4 2023

Rolls up toOther Income (Expense)

How to read this metric

Higher values suggest significant contributions from non-recurring or ancillary sources, whereas lower values indicate a focus on core recurring fee revenue.

Detailed definition

This metric aggregates secondary operating revenues within the Other Income segment, encompassing ancillary services and...

Peer comparison

Similar to 'Other Operating Income' at other financial institutions, this metric is often used to isolate non-core revenue volatility from core operational performance.

Metric ID: ntrs_segment_other_income_other_operating_income

Historical Data

11 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23
Value	$24.10M	$33.60M	$41.90M	$17.50M	$17.50M	$17.50M	$17.50M	$5.78M	$5.78M	$5.78M	$5.78M
QoQ Change	—	+39.4%	+24.7%	-58.2%	+0.0%	+0.0%	+0.0%	-67.0%	+0.0%	+0.0%	+0.0%
YoY Change	—	—	—	—	-27.4%	-47.9%	-58.2%	-67.0%	-67.0%	-67.0%	-67.0%

Range$5.78M – $41.90M

CAGR-43.5%

Avg YoY Growth-57.4%

Median YoY Growth-67.0%

Current Streak3 quarters growth

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Frequently Asked Questions

What is Northern Trust's other income — other operating income?: Northern Trust (NTRS) reported other income — other operating income of $5.78M in Q4 2023.
How has Northern Trust's other income — other operating income changed year-over-year?: Northern Trust's other income — other operating income decreased by 67.0% year-over-year, from $17.50M to $5.78M.
What is the long-term trend for Northern Trust's other income — other operating income?: Over 2 years (2021 to 2023), Northern Trust's other income — other operating income has grown at a -57.3% compound annual growth rate (CAGR), from $126.40M to $23.10M.
What does other income — other operating income mean?: The total of secondary, non-core operating revenues generated outside of primary fee-based business lines.