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Northern Trust NTRS Noninterest Expense

Noninterest Expense at other companies

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Segments

By segment

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Asset Servicing Segment$947M+6.3%
Wealth Management Segment$559.2M+8.1%

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$33.69B+40.6%
P/E18×+4.2×
P/S4.1×-1.4×

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:NoninterestExpense.

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
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
Net Income$525.5$392.0
Preferred Stock Dividends16.216.2

Item 1. Consolidated Financial Statements (unaudited)

FAQ

What is Northern Trust's noninterest expense?
Northern Trust (NTRS) reported noninterest expense of $1.51B in Q1 2026.
How has Northern Trust's noninterest expense changed year-over-year?
Northern Trust's noninterest expense increased by 6.4% year-over-year, from $1.42B to $1.51B.
What is the long-term trend for Northern Trust's noninterest expense?
Over 4 years (2021 to 2025), Northern Trust's noninterest expense has grown at a 6.1% compound annual growth rate (CAGR), from $4.54B to $5.75B.

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