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.
An increase relative to revenue indicates margin compression, while a decrease suggests improved operational efficiency or scale.
The total operating costs for the Wealth Management segment, excluding interest expense. This includes personnel costs,...
Standard 'Noninterest Expense' metric used across the banking and wealth management industry to measure operational efficiency.
ntrs_segment_wealth_management_segment_noninterest_expense| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |