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Northern Trust NTRS Wealth Management Segment — Goodwill

Other segment segments

Asset Servicing Segment
$629.1M+1.4%

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Other financials

Income statement

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Revenue$2.2B+13.7%
Net income$525.5M+34.1%
EPS (diluted)$2.71+42.6%

Balance sheet

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Cash & equivalents$6.4B-2.2%
Total debt$624.4M-3.8%
Total equity$13.0B+0.8%
Total assets$174.57B+5.8%

Cash flow

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Operating cash flow-$320.0M-112%
CapEx$9.4M-24.2%
Free cash flow-$329.4M-112%

Valuation

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Market cap$32.17B+33.6%
P/E17.2×+3.3×
P/S3.9×-1.4×

Profitability

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Net margin22.8%-3.9pp
FCF margin65.1%-24.5pp

Returns & leverage

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Return on equity14.5%-3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Northern Trust in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Northern Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Trust's wealth management segment — goodwill?
Northern Trust (NTRS) reported wealth management segment — goodwill of $80.4M in Q1 2026.
How has Northern Trust's wealth management segment — goodwill changed year-over-year?
Northern Trust's wealth management segment — goodwill increased by 0.1% year-over-year, from $80.3M to $80.4M.
What is the long-term trend for Northern Trust's wealth management segment — goodwill?
Over 4 years (2021 to 2025), Northern Trust's wealth management segment — goodwill has grown at a 2.3% compound annual growth rate (CAGR), from $294M to $321.5M.
What does wealth management segment — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically attributed to the Wealth Management business segment. It reflects the premium paid for intangible assets such as brand reputation, client relationships, and market presence within the wealth management sector. Monitoring this value helps assess the historical acquisition strategy and potential impairment risks for the segment.