Discontinued — last reported Q4 '25
Employee Benefits
Northern Trust Employee Benefits increased by 3.7% to $119.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $107.30M to $119.50M. Over 4 years (FY 2021 to FY 2025), Employee Benefits shows relatively stable performance with a 1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher benefit costs or changes in actuarial assumptions, while a decrease may indicate plan restructuring or reduced benefit obligations.
Detailed definition
This metric captures the costs associated with employee benefits, including retirement plans, health insurance, and othe...
Peer comparison
Standard component of personnel expenses across all large financial institutions.
other_defined_benefit_plan_benefit_obligation_increase_d_34f036Historical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $118.40M | $101.70M | $107.90M | $104.30M | $119.60M | $109.90M | $103.60M | $101.00M | $101.40M | $100.80M | $102.00M | $101.10M | $100.20M | $109.20M | $107.30M | $109.70M | $117.70M | $115.20M | $119.50M |
| QoQ Change | — | -14.1% | +6.1% | -3.3% | +14.7% | -8.1% | -5.7% | -2.5% | +0.4% | -0.6% | +1.2% | -0.9% | -0.9% | +9.0% | -1.7% | +2.2% | +7.3% | -2.1% | +3.7% |
| YoY Change | — | — | — | — | +1.0% | +8.1% | -4.0% | -3.2% | -15.2% | -8.3% | -1.5% | +0.1% | -1.2% | +8.3% | +5.2% | +8.5% | +17.5% | +5.5% | +11.4% |
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| WEALTH MANAGEMENT | $20.70M | $20.60M | $23.50M | $22.70M | $22.20M | $22.90M | $22.50M | $23.80M |
| ASSET SERVICING | $17.00M | $17.20M | $18.20M | $17.70M | $17.40M | $16.40M | $16.80M | $16.10M |
| Total | $101.10M | $100.20M | $109.20M | $107.30M | $109.70M | $117.70M | $115.20M | $119.50M |
ASSET SERVICING, WEALTH MANAGEMENT were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Employee Benefits at Other Companies
Frequently Asked Questions
- What is Northern Trust's employee benefits?
- Northern Trust (NTRS) reported employee benefits of $119.50M in Q4 2025.
- How has Northern Trust's employee benefits changed year-over-year?
- Northern Trust's employee benefits increased by 11.4% year-over-year, from $107.30M to $119.50M.
- What is the long-term trend for Northern Trust's employee benefits?
- Over 4 years (2021 to 2025), Northern Trust's employee benefits has grown at a 1.7% compound annual growth rate (CAGR), from $431.40M to $462.10M.
- What does employee benefits mean?
- The total expense related to employee retirement, health, and welfare benefit programs.