Northern Trust Investment Program, Proportional Amortization Method, Applied, Amortization Expense increased by 4.7% to $27.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $25.10M to $27.00M.
Changes reflect the scale and maturity of the company's tax-advantaged investment portfolio.
This reflects the periodic amortization of investments in affordable housing projects, often accounted for using the pro...
Specific to companies with significant tax-credit investment portfolios; varies by investment volume.
other_amortization_method_qualified_affordable_housing_p_bd195b| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.50M | $24.50M | $24.60M | $23.90M | $23.80M | $24.00M | $25.10M | $25.80M | $25.80M | $27.00M |
| QoQ Change | — | +0.0% | +0.4% | -2.8% | -0.4% | +0.8% | +4.6% | +2.8% | +0.0% | +4.7% |
| YoY Change | — | — | — | -2.4% | -2.9% | -2.4% | +5.0% | +8.4% | +7.5% | +7.6% |