Business Segments · Noninterest Expense

Wealth Management Segment — Noninterest Expense

Northern Trust Wealth Management Segment — Noninterest Expense increased by 3.2% to $559.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $517.10M to $559.20M. Over 4 years (FY 2021 to FY 2025), Wealth Management Segment — Noninterest Expense shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026

How to read this metric

An increase relative to revenue indicates margin compression, while a decrease suggests improved operational efficiency or scale.

Detailed definition

The total operating costs for the Wealth Management segment, excluding interest expense. This includes personnel costs,...

Peer comparison

Standard 'Noninterest Expense' metric used across the banking and wealth management industry to measure operational efficiency.

Metric ID: ntrs_segment_wealth_management_segment_noninterest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$398.50M$410.90M$438.60M$445.10M$439.10M$449.00M$482.30M$469.20M$476.30M$456.90M$479.90M$491.70M$521.90M$491.30M$486.10M$517.10M$511.00M$516.30M$541.90M$559.20M
QoQ Change+3.1%+6.7%+1.5%-1.3%+2.3%+7.4%-2.7%+1.5%-4.1%+5.0%+2.5%+6.1%-5.9%-1.1%+6.4%-1.2%+1.0%+5.0%+3.2%
YoY Change+10.2%+9.3%+10.0%+5.4%+8.5%+1.8%-0.5%+4.8%+9.6%+7.5%+1.3%+5.2%-2.1%+5.1%+11.5%+8.1%
Range$398.50M$559.20M
CAGR+7.4%
Avg YoY Growth+6.0%
Median YoY Growth+6.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Northern Trust's wealth management segment — noninterest expense?
Northern Trust (NTRS) reported wealth management segment — noninterest expense of $559.20M in Q1 2026.
How has Northern Trust's wealth management segment — noninterest expense changed year-over-year?
Northern Trust's wealth management segment — noninterest expense increased by 8.1% year-over-year, from $517.10M to $559.20M.
What is the long-term trend for Northern Trust's wealth management segment — noninterest expense?
Over 4 years (2021 to 2025), Northern Trust's wealth management segment — noninterest expense has grown at a 6.0% compound annual growth rate (CAGR), from $1.65B to $2.09B.
What does wealth management segment — noninterest expense mean?
The total operating expenses for the Wealth Management division, excluding interest costs.