What is Northern Trust's wealth management — net interest income?

Northern Trust (NTRS) reported wealth management — net interest income of $248.00M in Q3 2024.

How has Northern Trust's wealth management — net interest income changed year-over-year?

Northern Trust's wealth management — net interest income increased by 31.8% year-over-year, from $188.20M to $248.00M.

What is the long-term trend for Northern Trust's wealth management — net interest income?

Over 2 years (2021 to 2023), Northern Trust's wealth management — net interest income has grown at a 3.8% compound annual growth rate (CAGR), from $781.10M to $842.20M.

What does wealth management — net interest income mean?

The profit earned from the spread between interest received on loans and interest paid on deposits in the wealth management segment.

Discontinued — last reported Q3 '24

Business Segments · Net Interest Income

WEALTH MANAGEMENT — Net Interest Income

Northern Trust WEALTH MANAGEMENT — Net Interest Income increased by 1.4% to $248.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 31.8%, from $188.20M to $248.00M. Over 2 years (FY 2021 to FY 2023), WEALTH MANAGEMENT — Net Interest Income shows relatively stable performance with a 3.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2018

Last reportedQ3 2024

How to read this metric

An increase signals improved net interest margins or growth in interest-earning assets, while a decrease suggests margin compression or asset contraction.

Detailed definition

This is the difference between the interest income generated by the wealth management segment's loan and deposit portfol...

Peer comparison

Standard net interest income metric used across all banking and financial services segments.

Metric ID: ntrs_segment_wealth_management_net_interest_income

Historical Data

14 periods

	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
Value	$190.80M	$198.20M	$206.10M	$197.60M	$214.70M	$222.00M	$225.80M	$232.30M	$215.30M	$188.20M	$206.40M	$241.60M	$244.50M	$248.00M
QoQ Change	—	+3.9%	+4.0%	-4.1%	+8.7%	+3.4%	+1.7%	+2.9%	-7.3%	-12.6%	+9.7%	+17.1%	+1.2%	+1.4%
YoY Change	—	—	—	—	+12.5%	+12.0%	+9.6%	+17.6%	+0.3%	-15.2%	-8.6%	+4.0%	+13.6%	+31.8%

Range$188.20M – $248.00M

CAGR+8.4%

Avg YoY Growth+7.7%

Median YoY Growth+10.8%

Current Streak4 quarters growth

Similar Metrics at Other Companies

M&T BankMTB View metric

Bank of AmericaBAC View metric

FIT

Fifth Third BankFITB View metric

M&T BankMTB View metric

FIT

Fifth Third BankFITB View metric

M&T BankMTB View metric

Frequently Asked Questions

What is Northern Trust's wealth management — net interest income?: Northern Trust (NTRS) reported wealth management — net interest income of $248.00M in Q3 2024.
How has Northern Trust's wealth management — net interest income changed year-over-year?: Northern Trust's wealth management — net interest income increased by 31.8% year-over-year, from $188.20M to $248.00M.
What is the long-term trend for Northern Trust's wealth management — net interest income?: Over 2 years (2021 to 2023), Northern Trust's wealth management — net interest income has grown at a 3.8% compound annual growth rate (CAGR), from $781.10M to $842.20M.
What does wealth management — net interest income mean?: The profit earned from the spread between interest received on loans and interest paid on deposits in the wealth management segment.