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Northern Trust NTRS Wealth Management Segment — Outside Services

Other segment segments

Asset Servicing Segment
$29.8M-36.2%

Similar metrics at other companies

Washington Trust Bancorp logo
WASHWealth Management Services — Outsourced services
$784K-27.5%
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WASHWealth Management Services — Legal, audit and professional fees
$274K+22.9%
Trustmark logo
TRMKWealth Management — Services And Fees
$695K+7.3%
WSFS Financial logo
WSFSWealth Management — Professional fees
$1.69M+38.5%
Washington Trust Bancorp logo
WASHWealth Management Services — Other Expenses
$529K-76.9%
OFG Bancorp logo
OFGWealth Management — Intersegment Expenses
$585K+12.5%

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:ProfessionalFees.

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 — outside services?
Northern Trust (NTRS) reported wealth management segment — outside services of $11M in Q1 2026.
How has Northern Trust's wealth management segment — outside services changed year-over-year?
Northern Trust's wealth management segment — outside services decreased by 23.1% year-over-year, from $14.3M to $11M.
What is the long-term trend for Northern Trust's wealth management segment — outside services?
Over 3 years (2022 to 2025), Northern Trust's wealth management segment — outside services has grown at a 14.1% compound annual growth rate (CAGR), from $41.3M to $61.4M.
What does wealth management segment — outside services mean?
Represents the costs incurred by the Wealth Management segment for third-party professional services, including consulting, legal, and specialized technical support. These expenses are essential for maintaining operational infrastructure and regulatory compliance within the wealth advisory business.