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Northern Trust NTRS Wealth Management Segment — Noninterest Expense

Other segment segments

Asset Servicing Segment
$947M+6.3%

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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:NoninterestExpense.

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 — noninterest expense?
Northern Trust (NTRS) reported wealth management segment — noninterest expense of $559.2M 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 $517.1M to $559.2M.
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 costs for the Wealth Management segment, excluding interest expense. This includes personnel costs, technology investments, occupancy, and other administrative expenses required to serve high-net-worth clients.