Other
Income tax credits and other income tax benefits
Northern Trust Income tax credits and other income tax benefits increased by 10.6% to $31.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $27.70M to $31.40M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2016
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Higher values indicate more effective utilization of tax-advantaged investment programs to reduce the overall tax burden.
Detailed definition
Quantifies the tax credits and other fiscal benefits derived from investments in affordable housing or similar governmen...
Peer comparison
Commonly seen in the tax disclosures of large banks with significant community development portfolios.
Metric ID:
other_affordable_housing_tax_credits_and_other_tax_benef_6cc197Historical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.10M | $22.00M | $22.70M | $25.70M | $26.10M | $28.30M | $28.30M | $28.40M | $26.70M | $26.80M | $27.00M | $27.70M | $27.90M | $28.40M | $31.40M |
| QoQ Change | — | -4.8% | +3.2% | +13.2% | +1.6% | +8.4% | +0.0% | +0.4% | -6.0% | +0.4% | +0.7% | +2.6% | +0.7% | +1.8% | +10.6% |
| YoY Change | — | — | — | +11.3% | +18.6% | +24.7% | +10.1% | +8.8% | -5.7% | -5.3% | -4.9% | +3.7% | +4.1% | +5.2% | +13.4% |
Range$22.00M – $31.40M
CAGR+9.2%
Avg YoY Growth+7.0%
Median YoY Growth+7.0%
Current Streak6 quarters growth
Income tax credits and other income tax benefits at Other Companies
Frequently Asked Questions
- What is Northern Trust's income tax credits and other income tax benefits?
- Northern Trust (NTRS) reported income tax credits and other income tax benefits of $31.40M in Q1 2026.
- How has Northern Trust's income tax credits and other income tax benefits changed year-over-year?
- Northern Trust's income tax credits and other income tax benefits increased by 13.4% year-over-year, from $27.70M to $31.40M.
- What does income tax credits and other income tax benefits mean?
- Tax savings and credits generated from investments in affordable housing projects.