What is Northern Trust's wealth management — other noninterest income?

Northern Trust (NTRS) reported wealth management — other noninterest income of $35.70M in Q3 2024.

How has Northern Trust's wealth management — other noninterest income changed year-over-year?

Northern Trust's wealth management — other noninterest income decreased by 6.3% year-over-year, from $38.10M to $35.70M.

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

Over 2 years (2021 to 2023), Northern Trust's wealth management — other noninterest income has grown at a -10.5% compound annual growth rate (CAGR), from $188.20M to $150.80M.

What does wealth management — other noninterest income mean?

Non-interest revenue generated by the wealth management segment from sources other than core management fees.

Discontinued — last reported Q3 '24

Business Segments · Other Noninterest Income

WEALTH MANAGEMENT — Other Noninterest Income

Northern Trust WEALTH MANAGEMENT — Other Noninterest Income increased by 14.8% to $35.70M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.3%, from $38.10M to $35.70M. Over 2 years (FY 2021 to FY 2023), WEALTH MANAGEMENT — Other Noninterest Income shows a downward trend with a -10.5% 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

Rolls up toOther Income (Expense)

How to read this metric

Higher values suggest diversified revenue streams, whereas volatility in this metric may indicate reliance on non-recurring items.

Detailed definition

This represents revenue streams within the wealth management segment that are not derived from interest-bearing assets o...

Peer comparison

Comparable to 'other income' or 'miscellaneous fee income' reported by peer wealth management firms.

Metric ID: ntrs_segment_wealth_management_other_noninterest_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	$38.30M	$48.00M	$57.70M	$31.80M	$32.80M	$37.00M	$36.10M	$34.30M	$40.40M	$38.10M	$38.00M	$38.50M	$31.10M	$35.70M
QoQ Change	—	+25.3%	+20.2%	-44.9%	+3.1%	+12.8%	-2.4%	-5.0%	+17.8%	-5.7%	-0.3%	+1.3%	-19.2%	+14.8%
YoY Change	—	—	—	—	-14.4%	-22.9%	-37.4%	+7.9%	+23.2%	+3.0%	+5.3%	+12.2%	-23.0%	-6.3%

Range$31.10M – $57.70M

CAGR-2.1%

Avg YoY Growth-5.3%

Median YoY Growth-1.7%

Similar Metrics at Other Companies

M&T BankMTB View metric

Ameriprise FinancialAMP View metric

Bank of New York MellonBK View metric

Raymond James FinancialRJF View metric

Bank of New York MellonBK View metric

Frequently Asked Questions

What is Northern Trust's wealth management — other noninterest income?: Northern Trust (NTRS) reported wealth management — other noninterest income of $35.70M in Q3 2024.
How has Northern Trust's wealth management — other noninterest income changed year-over-year?: Northern Trust's wealth management — other noninterest income decreased by 6.3% year-over-year, from $38.10M to $35.70M.
What is the long-term trend for Northern Trust's wealth management — other noninterest income?: Over 2 years (2021 to 2023), Northern Trust's wealth management — other noninterest income has grown at a -10.5% compound annual growth rate (CAGR), from $188.20M to $150.80M.
What does wealth management — other noninterest income mean?: Non-interest revenue generated by the wealth management segment from sources other than core management fees.