Northern Trust Trust Fees Receivable, net — Total Client Receivables increased by 5.9% to $1.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $975.00M to $1.01B. Over 4 years (FY 2021 to FY 2025), Trust Fees Receivable, net — Total Client Receivables shows relatively stable performance with a 1.2% CAGR.
An increase may indicate growth in service volume or a potential slowdown in client payment cycles, while a decrease suggests faster cash conversion or reduced service activity.
This metric represents the total outstanding balance of fees owed to the firm by clients for trust, custody, and asset m...
Comparable to accounts receivable for service-based financial institutions, often benchmarked against days sales outstanding (DSO) at peer asset managers and custody banks.
ntrs_segment_trust_fees_receivable_net_total_client_receivables| 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 | $916.90M | $960.60M | $925.20M | $990.30M | $1.01B | $954.10M | $882.50M | $895.90M | $864.40M | $903.00M | $863.50M | $949.40M | $955.60M | $973.60M | $932.30M | $975.00M | $966.90M | $969.00M | $956.70M | $1.01B |
| QoQ Change | — | +4.8% | -3.7% | +7.0% | +2.0% | -5.5% | -7.5% | +1.5% | -3.5% | +4.5% | -4.4% | +9.9% | +0.7% | +1.9% | -4.2% | +4.6% | -0.8% | +0.2% | -1.3% | +5.9% |
| YoY Change | — | — | — | — | +10.1% | -0.7% | -4.6% | -9.5% | -14.4% | -5.4% | -2.2% | +6.0% | +10.6% | +7.8% | +8.0% | +2.7% | +1.2% | -0.5% | +2.6% | +4.0% |