Northern Trust NTRS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Asset Servicing Segment | $4.95B+4.0% | $4.76B+3.2% | $4.62B+1.7% | $4.54B+2.6% | $4.43B+1.5% | |
| Wealth Management Segment | $3.45B+2.1% | $3.38B+1.2% | $3.34B+1.2% | $3.3B+1.4% | $3.25B+1.2% | |
| Net Income by Business | ||||||
| Asset Servicing Segment | $988.1M+12.0% | $882.6M+5.9% | $833.6M+3.5% | $805.5M+15.3% | $698.9M+2.0% | |
| Wealth Management Segment | $998.8M+1.9% | $980.6M-0.5% | $985.2M+3.0% | $956.8M+4.1% | $919.2M+1.2% | |
| Noninterest Income by Business | ||||||
| Asset Servicing Segment | $3.48B+3.3% | $3.37B+2.2% | $3.29B+1.7% | $3.24B+1.6% | $3.19B+1.1% | |
| Wealth Management Segment | $2.4B+2.6% | $2.33B+1.4% | $2.3B+1.3% | $2.27B+1.0% | $2.25B+1.4% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Asset Servicing Segment | $2.87B+2.4% | $2.8B+2.0% | $2.75B+1.5% | $2.71B+1.5% | $2.67B+1.2% | |
| Wealth Management Segment | $2.28B+2.7% | $2.22B+1.4% | $2.19B+1.3% | $2.16B+1.1% | $2.13B+1.8% | |
| Net Interest Income by Business | ||||||
| Asset Servicing Segment | $1.48B+5.6% | $1.4B+5.6% | $1.32B+1.5% | $1.31B+5.2% | $1.24B+2.6% | |
| Wealth Management Segment | $1.05B+0.9% | $1.04B+0.8% | $1.03B+0.8% | $1.03B+2.4% | $1B+0.9% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Asset Servicing Segment | $1.27B+12.2% | $1.13B+5.9% | $1.06B+3.5% | $1.03B+15.2% | $893.6M+1.9% | |
| Wealth Management Segment | $1.32B+2.0% | $1.3B-0.7% | $1.31B+2.8% | $1.27B+3.8% | $1.22B+1.0% | |
| Percentage of Consolidated Net Income by Business | ||||||
| Asset Servicing Segment | 158%+8.0pp | 150%-2.0pp | 152%+7.0pp | 145%+39.0pp | 106%— | |
| Other Noninterest Income (Loss) by Business | ||||||
| Asset Servicing Segment | $314.5M+5.5% | $298.2M+2.7% | $290.4M+3.7% | $280.1M+4.2% | $268.9M-0.8% | |
| Wealth Management Segment | $144.1M+0.2% | $143.8M+0.3% | $143.3M+2.4% | $139.9M+3.4% | $135.3M-3.6% | |
| Noninterest Expense by Business | ||||||
| Asset Servicing Segment | $3.7B+1.6% | $3.64B+2.4% | $3.55B+1.3% | $3.51B-0.5% | $3.53B+1.2% | |
| Wealth Management Segment | $2.13B+2.0% | $2.09B+2.4% | $2.04B+1.4% | $2.01B-0.4% | $2.02B+1.4% | |
| Provision for Income Taxes by Business | ||||||
| Asset Servicing Segment | $276.9M+13.2% | $244.6M+5.8% | $231.2M+3.4% | $223.6M+14.8% | $194.7M+1.3% | |
| Wealth Management Segment | $325M+2.5% | $317.1M-1.5% | $321.9M+2.2% | $315M+3.0% | $305.7M+0.3% | |
| Other Segment Items by Business | ||||||
| Asset Servicing Segment | $75.1M-0.8% | $75.7M-10.8% | $84.9M-4.0% | $88.4M-4.5% | $92.6M+1.1% | |
| Wealth Management Segment | $92.2M-2.6% | $94.7M+6.5% | $88.9M+3.7% | $85.7M+2.1% | $83.9M+5.3% | |
| Foreign Exchange Trading Income by Business | ||||||
| Asset Servicing Segment | $295M+10.1% | $268M+4.7% | $256M+2.4% | $250M-0.5% | $251.2M+1.6% | |
| Wealth Management Segment | -$25.2M+7.4% | -$27.2M+2.2% | -$27.8M-11.6% | -$24.9M-36.1% | -$18.3M-14.4% | |
| Allocated Expense by Business | ||||||
| Asset Servicing Segment | $3.13B+2.5% | $3.05B+4.6% | $2.92B+2.9% | $2.83B+1.9% | $2.78B+2.1% | |
| Wealth Management Segment | $1.3B+3.4% | $1.26B+2.6% | $1.23B+1.5% | $1.21B-0.2% | $1.21B+1.1% | |
| Outside Services by Business | ||||||
| Asset Servicing Segment | $105.6M-13.8% | $122.5M-22.1% | $157.2M-11.1% | $176.8M-4.6% | $185.3M-7.2% | |
| Wealth Management Segment | $58.1M-5.4% | $61.4M+6.6% | $57.6M+4.3% | $55.2M+8.7% | $50.8M+9.0% | |
| Average Assets by Business | ||||||
| Asset Servicing Segment | $353.42B+4.7% | $337.66B+0.2% | $337.13B+0.8% | $334.44B+2.7% | $325.68B+0.9% | |
| Goodwill by Business | ||||||
| Asset Servicing Segment | $2.53B+0.4% | $2.52B+0.7% | $2.5B+0.2% | $2.5B+0.7% | $2.48B+0.1% | |
| Wealth Management Segment | $321.6M0.0% | $321.5M0.0% | $321.4M0.0% | $321.4M0.0% | $321.3M0.0% | |
| Average Loans by Business | ||||||
| Asset Servicing Segment | $16.87B-0.7% | $16.99B— | —— | —— | —— | |
| Provision for Credit Losses by Business | ||||||
| Asset Servicing Segment | -$7.6M-138% | -$3.2M-14.3% | -$2.8M-204% | $2.7M-18.2% | $3.3M+172% | |
| Wealth Management Segment | -$5M+33.3% | -$7.5M— | —— | —— | —— | |
| Average Deposits by Business | ||||||
| Asset Servicing Segment | $288.36B+4.8% | $275.24B0.0% | $275.17B+1.3% | $271.61B+3.5% | $262.33B+1.0% | |
| Wealth Management Segment | $77.45B+1.5% | $76.27B— | —— | —— | —— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Custody and Fund Administration | $2.07B+2.3% | $2.03B+2.0% | $1.99B+1.7% | $1.95B+1.1% | $1.93B+0.9% | |
| Investment Management and Advisory | $2.73B+2.6% | $2.66B+1.6% | $2.62B+1.3% | $2.59B+1.6% | $2.55B+2.1% | |
| Other Operating Income | $52.1M+1.4% | $51.4M+0.6% | $51.1M+1.4% | $50.4M+0.8% | $50M+27.2% | |
| Other | $253.6M+2.1% | $248.4M+0.9% | $246.2M-0.6% | $247.6M+0.2% | $247.2M+0.2% | |
| Securities Commissions and Trading Income | $175.2M+7.6% | $162.9M-0.2% | $163.3M+5.5% | $154.8M+4.5% | $148.1M+3.1% | |
| Securities Lending | $88.7M+6.9% | $83M+2.7% | $80.8M+4.9% | $77M+4.6% | $73.6M-0.9% | |
| Other Operating Income(1) by Product | ||||||
| Bank Owned Life Insurance | $80.5M+0.2% | $80.3M+4.3% | $77M+1.3% | $76M-2.3% | $77.8M-1.6% | |
| Banking Service Fees | $55.1M-1.8% | $56.1M-1.1% | $56.7M-0.2% | $56.8M+1.4% | $56M+1.8% | |
| Loan Service Fees | $52M-3.2% | $53.7M+1.9% | $52.7M+1.7% | $51.8M-2.3% | $53M-3.6% | |
| Total Client Receivables by Product | ||||||
| Other | $357.9M+11.9% | $319.9M+14.7% | $278.8M+9.3% | $255M+4.4% | $244.3M+6.8% | |
| Trust Fees Receivable, net | $3.91B+1.0% | $3.87B+0.6% | $3.84B-0.1% | $3.85B+0.3% | $3.84B+0.7% |
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.
