Occupancy and equipment
Northern Trust Occupancy and equipment decreased by 9.0% to $51.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $53.40M to $51.30M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 1.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.
Detailed definition
This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...
Peer comparison
Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.
occupancy_and_equipmentHistorical Data
| 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 | $52.20M | $53.90M | $51.80M | $51.10M | $51.00M | $51.30M | $65.70M | $61.30M | $53.80M | $58.70M | $58.50M | $54.10M | $54.80M | $53.80M | $54.10M | $53.40M | $52.50M | $55.00M | $56.40M | $51.30M |
| QoQ Change | — | +3.3% | -3.9% | -1.4% | -0.2% | +0.6% | +28.1% | -6.7% | -12.2% | +9.1% | -0.3% | -7.5% | +1.3% | -1.8% | +0.6% | -1.3% | -1.7% | +4.8% | +2.5% | -9.0% |
| YoY Change | — | — | — | — | -2.3% | -4.8% | +26.8% | +20.0% | +5.5% | +14.4% | -11.0% | -11.7% | +1.9% | -8.3% | -7.5% | -1.3% | -4.2% | +2.2% | +4.3% | -3.9% |
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is Northern Trust's occupancy and equipment?
- Northern Trust (NTRS) reported occupancy and equipment of $51.30M in Q1 2026.
- How has Northern Trust's occupancy and equipment changed year-over-year?
- Northern Trust's occupancy and equipment decreased by 3.9% year-over-year, from $53.40M to $51.30M.
- What is the long-term trend for Northern Trust's occupancy and equipment?
- Over 4 years (2021 to 2025), Northern Trust's occupancy and equipment has grown at a 1.0% compound annual growth rate (CAGR), from $208.70M to $217.30M.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.