Northern Trust NTRS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Asset Servicing Segment | $1.32B+3.2% | $1.28B+7.3% | $1.19B+1.6% | $1.17B+3.8% | $1.13B0.0% | |
| Wealth Management Segment | $891M+1.5% | $878.2M+3.8% | $846.4M+1.8% | $831.8M+1.4% | $820.3M-2.1% | |
| Net Income by Business | ||||||
| Asset Servicing Segment | $290.1M+13.7% | $255.2M+11.1% | $229.8M+7.9% | $213M+15.4% | $184.6M-10.5% | |
| Wealth Management Segment | $247.9M-4.0% | $258.2M-0.2% | $258.7M+10.6% | $234M+1.9% | $229.7M-12.6% | |
| Noninterest Income by Business | ||||||
| Asset Servicing Segment | $916.3M+3.0% | $889.2M+4.7% | $849.4M+3.2% | $823.4M+2.4% | $804.4M-1.3% | |
| Wealth Management Segment | $631.5M+3.3% | $611.3M+3.8% | $589.2M+4.6% | $563.5M-1.2% | $570.2M-1.5% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Asset Servicing Segment | $740.5M+1.5% | $729.6M+3.2% | $706.9M+2.2% | $691.8M+3.0% | $671.9M-0.5% | |
| Wealth Management Segment | $600.9M+4.0% | $577.8M+3.4% | $558.6M+3.6% | $539.3M-0.5% | $541.9M-0.9% | |
| Net Interest Income by Business | ||||||
| Asset Servicing Segment | $401.7M+3.7% | $387.5M+14.0% | $339.9M-2.1% | $347.2M+7.3% | $323.7M+3.3% | |
| Wealth Management Segment | $259.5M-2.8% | $266.9M+3.8% | $257.2M-4.1% | $268.3M+7.3% | $250.1M-3.4% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Asset Servicing Segment | $373.3M+14.3% | $326.5M+11.0% | $294.1M+8.5% | $271.1M+15.1% | $235.5M-10.8% | |
| Wealth Management Segment | $330.2M-3.3% | $341.6M-0.2% | $342.4M+10.6% | $309.6M+1.8% | $304.1M-13.4% | |
| Percentage of Consolidated Net Income by Business | ||||||
| Asset Servicing Segment | 55%+53.0pp | 2%-48.0pp | 50%-1.0pp | 51%+4.0pp | 47%+43.0pp | |
| Wealth Management Segment | 47%— | —— | 57%+1.0pp | 56%-3.0pp | 59%+55.0pp | |
| Other Noninterest Income (Loss) by Business | ||||||
| Asset Servicing Segment | $84.9M+3.5% | $82M+6.5% | $77M+9.1% | $70.6M+2.9% | $68.6M-7.5% | |
| Wealth Management Segment | $33.8M-8.2% | $36.8M-5.4% | $38.9M+12.4% | $34.6M+3.3% | $33.5M-7.7% | |
| Noninterest Expense by Business | ||||||
| Asset Servicing Segment | $947M-0.7% | $953.3M+5.8% | $901.3M+0.6% | $895.6M+0.6% | $890.5M+2.7% | |
| Wealth Management Segment | $559.2M+3.2% | $542.1M+5.0% | $516.3M+1.0% | $511M-1.2% | $517.1M+4.7% | |
| Provision for Income Taxes by Business | ||||||
| Asset Servicing Segment | $83.2M+16.7% | $71.3M+10.9% | $64.3M+10.7% | $58.1M+14.1% | $50.9M-12.1% | |
| Wealth Management Segment | $82.3M-1.3% | $83.4M-0.4% | $83.7M+10.7% | $75.6M+1.6% | $74.4M-15.6% | |
| Other Segment Items by Business | ||||||
| Asset Servicing Segment | $21.7M+36.5% | $15.9M-12.2% | $18.1M-6.7% | $19.4M-13.0% | $22.3M-11.2% | |
| Wealth Management Segment | $20M-26.2% | $27.1M+27.8% | $21.2M-11.3% | $23.9M+6.2% | $22.5M+5.6% | |
| Foreign Exchange Trading Income by Business | ||||||
| Asset Servicing Segment | $90.9M+17.1% | $77.6M+18.5% | $65.5M+7.4% | $61M-4.5% | $63.9M-2.6% | |
| Wealth Management Segment | -$3.2M+3.0% | -$3.3M+60.2% | -$8.3M+20.2% | -$10.4M-100% | -$5.2M-33.3% | |
| Allocated Expense by Business | ||||||
| Asset Servicing Segment | $788M-5.5% | $834M+9.2% | $763.6M+3.1% | $740.7M+4.3% | $710.3M+1.3% | |
| Wealth Management Segment | $350.9M+5.7% | $332.1M+5.3% | $315.3M+3.4% | $305M-1.2% | $308.6M+2.9% | |
| Outside Services by Business | ||||||
| Asset Servicing Segment | $29.8M+277% | $7.9M-67.1% | $24M-45.3% | $43.9M-6.0% | $46.7M+9.6% | |
| Wealth Management Segment | $11M-31.7% | $16.1M+15.0% | $14M-17.6% | $17M+18.9% | $14.3M+16.3% | |
| Compensation and Benefits by Business | ||||||
| Asset Servicing Segment | $107.5M— | —— | —— | —— | $111.2M— | |
| Wealth Management Segment | $177.3M— | —— | —— | —— | $171.7M— | |
| Average Assets by Business | ||||||
| Asset Servicing Segment | $125.54B+15,943% | $782.5M-99.3% | $110.06B-6.0% | $117.04B+6.6% | $109.78B+43,273% | |
| Wealth Management Segment | $39.62B— | —— | $39.85B+1.9% | $39.09B-0.1% | $39.15B— | |
| Goodwill by Business | ||||||
| Asset Servicing Segment | $629.1M-0.5% | $632.5M0.0% | $632.5M-0.3% | $634.2M+2.3% | $620.2M+0.9% | |
| Wealth Management Segment | $80.4M0.0% | $80.4M0.0% | $80.4M0.0% | $80.4M+0.1% | $80.3M0.0% | |
| Average Loans by Business | ||||||
| Asset Servicing Segment | $5.63B+23,868% | $23.5M-99.6% | $5.4B-7.1% | $5.81B+1.1% | $5.75B— | |
| Wealth Management Segment | $35.26B— | —— | $36.1B+2.1% | $35.35B+0.1% | $35.33B+35,440% | |
| Provision for Credit Losses by Business | ||||||
| Asset Servicing Segment | -$2.3M+25.8% | -$3.1M+49.2% | -$6.1M-256% | $3.9M+85.7% | $2.1M+178% | |
| Wealth Management Segment | $1.6M+129% | -$5.5M+55.3% | -$12.3M-210% | $11.2M+1,344% | -$900K— | |
| Foreign Exchange Rates by Business | ||||||
| Asset Servicing Segment | -$3.4M— | —— | —— | $14M+150% | $5.6M+144% | |
| Wealth Management Segment | $0— | —— | —— | $100K— | $0+100% | |
| Average Deposits by Business | ||||||
| Asset Servicing Segment | $102.42B+43,061% | $237.3M-99.7% | $90.2B-5.6% | $95.51B+7.0% | $89.3B+50,897% | |
| Wealth Management Segment | $26.47B+8,269% | $316.3M-98.8% | $25.37B+0.3% | $25.29B0.0% | $25.29B— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Custody and Fund Administration | $531.7M+0.8% | $527.7M+2.4% | $515.5M+3.4% | $498.4M+2.7% | $485.1M-0.6% | |
| Investment Management and Advisory | $717.5M+3.3% | $694.4M+3.9% | $668.3M+2.9% | $649.6M+0.3% | $647.4M-0.9% | |
| Other Operating Income | $20.7M+95.3% | $10.6M+1.9% | $10.4M0.0% | $10.4M-48.0% | $20M+94.2% | |
| Other | $68.6M+10.6% | $62M+3.0% | $60.2M-4.1% | $62.8M-0.9% | $63.4M+6.0% | |
| Securities Commissions and Trading Income | $50.4M+5.9% | $47.6M+20.5% | $39.5M+4.8% | $37.7M-1.0% | $38.1M-20.6% | |
| Securities Lending | $23.6M+1.3% | $23.3M+8.4% | $21.5M+5.9% | $20.3M+13.4% | $17.9M-15.2% | |
| Other Operating Income(1) by Product | ||||||
| Bank Owned Life Insurance | $19.5M-11.4% | $22M+13.4% | $19.4M-1.0% | $19.6M+1.6% | $19.3M+3.2% | |
| Banking Service Fees | $13.3M-2.2% | $13.6M-3.5% | $14.1M0.0% | $14.1M-1.4% | $14.3M+0.7% | |
| Loan Service Fees | $12M-4.8% | $12.6M-15.4% | $14.9M+19.2% | $12.5M-8.8% | $13.7M+18.1% | |
| Other Income | $15.3M— | —— | $12.2M+19.6% | $10.2M+209% | $3.3M-78.6% | |
| Treasury Management Fees | $10.3M— | —— | —— | —— | $9.6M— | |
| Total Client Receivables by Product | ||||||
| Other | $101.3M-4.1% | $105.6M+30.5% | $80.9M+15.4% | $70.1M+10.7% | $63.3M-1.9% | |
| Trust Fees Receivable, net | $1.01B+5.9% | $956.7M-1.3% | $969M+0.2% | $966.9M-0.8% | $975M+4.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Northern Trust break its business down?
- Northern Trust (NTRS) reports revenues, net of interest expense by business across 2 parts — Asset Servicing Segment and Wealth Management Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Northern Trust's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Northern Trust's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
