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Northern Trust NTRS Wealth Management Segment — Provision for Income Taxes

Other segment segments

Asset Servicing Segment
$83.2M+63.5%

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$984K+26.3%

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+39.9%
P/E17.2×+3.9×
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:IncomeTaxExpenseBenefit.

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 — provision for income taxes?
Northern Trust (NTRS) reported wealth management segment — provision for income taxes of $82.3M in Q1 2026.
How has Northern Trust's wealth management segment — provision for income taxes changed year-over-year?
Northern Trust's wealth management segment — provision for income taxes increased by 10.6% year-over-year, from $74.4M to $82.3M.
What is the long-term trend for Northern Trust's wealth management segment — provision for income taxes?
Over 3 years (2022 to 2025), Northern Trust's wealth management segment — provision for income taxes has grown at a 0.8% compound annual growth rate (CAGR), from $310M to $317.1M.
What does wealth management segment — provision for income taxes mean?
The estimated income tax expense attributable specifically to the Wealth Management segment's earnings. This reflects the tax burden on the segment's pre-tax income based on applicable jurisdictional rates.