Wealth Management Segment — Allocated Expense
Northern Trust Wealth Management Segment — Allocated Expense increased by 4.7% to $350.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.5%, from $306.50M to $350.90M. Over 3 years (FY 2022 to FY 2025), Wealth Management Segment — Allocated Expense shows an upward trend with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising allocations may reflect increased corporate support requirements or changes in internal cost-sharing methodologies.
Detailed definition
Reflects the portion of corporate overhead and shared service costs distributed to the Wealth Management segment. This a...
Peer comparison
Commonly referred to as 'Corporate Allocations' or 'Shared Service Charges' in segment reporting for diversified financial institutions.
ntrs_segment_wealth_management_segment_allocated_expenseHistorical Data
| 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 | $277.30M | $277.30M | $277.30M | $277.30M | $281.35M | $281.35M | $281.35M | $281.35M | $295.60M | $307.80M | $297.10M | $302.00M | $306.50M | $305.00M | $315.30M | $335.20M | $350.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.5% | +0.0% | +0.0% | +0.0% | +5.1% | +4.1% | -3.5% | +1.6% | +1.5% | -0.5% | +3.4% | +6.3% | +4.7% |
| YoY Change | — | — | — | — | +1.5% | +1.5% | +1.5% | +1.5% | +5.1% | +9.4% | +5.6% | +7.3% | +3.7% | -0.9% | +6.1% | +11.0% | +14.5% |
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Frequently Asked Questions
- What is Northern Trust's wealth management segment — allocated expense?
- Northern Trust (NTRS) reported wealth management segment — allocated expense of $350.90M in Q1 2026.
- How has Northern Trust's wealth management segment — allocated expense changed year-over-year?
- Northern Trust's wealth management segment — allocated expense increased by 14.5% year-over-year, from $306.50M to $350.90M.
- What is the long-term trend for Northern Trust's wealth management segment — allocated expense?
- Over 3 years (2022 to 2025), Northern Trust's wealth management segment — allocated expense has grown at a 4.4% compound annual growth rate (CAGR), from $1.11B to $1.26B.
- What does wealth management segment — allocated expense mean?
- The share of corporate overhead costs assigned to the Wealth Management business unit.