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Northern Trust NTRS Wealth Management Segment — Revenues, Net of Interest Expense

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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:RevenuesNetOfInterestExpense.

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 — revenues, net of interest expense?
Northern Trust (NTRS) reported wealth management segment — revenues, net of interest expense of $891M in Q1 2026.
How has Northern Trust's wealth management segment — revenues, net of interest expense changed year-over-year?
Northern Trust's wealth management segment — revenues, net of interest expense increased by 8.6% year-over-year, from $820.3M to $891M.
What is the long-term trend for Northern Trust's wealth management segment — revenues, net of interest expense?
Over 3 years (2022 to 2025), Northern Trust's wealth management segment — revenues, net of interest expense has grown at a 4.7% compound annual growth rate (CAGR), from $2.94B to $3.38B.
What does wealth management segment — revenues, net of interest expense mean?
This is the total top-line revenue for the Wealth Management segment, calculated as the sum of noninterest income and net interest income. It represents the total economic value generated by the segment before accounting for operating expenses. This serves as the primary measure of the segment's overall scale and revenue-generating capacity.