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Northern Trust NTRS Occupancy and equipment

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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$33.73B+40.8%
P/E18×+4.2×
P/S4.1×-1.5×

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:OccupancyNet.

The source filing: Northern Trust’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000073124-26-000035
(In Millions Except Share Information)THREE MONTHS ENDED MARCH 31, 2026THREE MONTHS ENDED MARCH 31, 2025
Compensation and Benefits822.2754.1
Outside Services236.7245.2
Equipment and Software308.1280.9
Occupancy51.353.4
Other Operating Expense89.784.0
Total Noninterest Expense1,508.01,417.6
Income before Income Taxes700.6521.4
Provision for Income Taxes175.1129.4

Item 1. Consolidated Financial Statements (unaudited)

FAQ

What is Northern Trust's occupancy and equipment?
Northern Trust (NTRS) reported occupancy and equipment of $51.3M 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 $53.4M to $51.3M.
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 $208.7M to $217.3M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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