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+11.9% | $4.76B+9.3% | $4.62B+8.2% | $4.54B+8.5% | $4.43B+6.3% | |
| Wealth Management Segment | $3.45B+6.0% | $3.38B+5.1% | $3.34B+7.8% | $3.3B+9.7% | $3.25B+10.5% | |
| Net Income by Business | ||||||
| Asset Servicing Segment | $988.1M+41.4% | $882.6M+28.8% | $833.6M+25.0% | $805.5M+28.6% | $698.9M+3.8% | |
| Wealth Management Segment | $998.8M+8.7% | $980.6M+8.0% | $985.2M+17.7% | $956.8M+22.5% | $919.2M+18.5% | |
| Noninterest Income by Business | ||||||
| Asset Servicing Segment | $3.48B+9.2% | $3.37B+6.8% | $3.29B+7.5% | $3.24B+7.3% | $3.19B+6.6% | |
| Wealth Management Segment | $2.4B+6.4% | $2.33B+5.2% | $2.3B+6.9% | $2.27B+7.4% | $2.25B+7.8% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Asset Servicing Segment | $2.87B+7.6% | $2.8B+6.4% | $2.75B+6.9% | $2.71B+7.1% | $2.67B+6.7% | |
| Wealth Management Segment | $2.28B+6.7% | $2.22B+5.9% | $2.19B+7.9% | $2.16B+8.8% | $2.13B+9.8% | |
| Net Interest Income by Business | ||||||
| Asset Servicing Segment | $1.48B+19.0% | $1.4B+15.6% | $1.32B+10.8% | $1.31B+11.2% | $1.24B+4.2% | |
| Wealth Management Segment | $1.05B+5.0% | $1.04B+4.9% | $1.03B+9.5% | $1.03B+13.2% | $1B+14.8% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Asset Servicing Segment | $1.27B+41.6% | $1.13B+28.5% | $1.06B+28.4% | $1.03B+30.8% | $893.6M+3.0% | |
| Wealth Management Segment | $1.32B+8.1% | $1.3B+7.0% | $1.31B+18.2% | $1.27B+22.0% | $1.22B+19.7% | |
| Percentage of Consolidated Net Income by Business | ||||||
| Asset Servicing Segment | 158%+52.0pp | 150%— | 152%— | 145%— | 106%— | |
| Other Noninterest Income (Loss) by Business | ||||||
| Asset Servicing Segment | $314.5M+17.0% | $298.2M+10.0% | $290.4M+10.6% | $280.1M+7.0% | $268.9M+0.2% | |
| Wealth Management Segment | $144.1M+6.5% | $143.8M+2.5% | $143.3M+1.1% | $139.9M-2.8% | $135.3M-10.8% | |
| Noninterest Expense by Business | ||||||
| Asset Servicing Segment | $3.7B+4.8% | $3.64B+4.4% | $3.55B+3.6% | $3.51B+3.7% | $3.53B+6.3% | |
| Wealth Management Segment | $2.13B+5.5% | $2.09B+4.8% | $2.04B+3.0% | $2.01B+3.3% | $2.02B+5.9% | |
| Provision for Income Taxes by Business | ||||||
| Asset Servicing Segment | $276.9M+42.2% | $244.6M+27.3% | $231.2M+27.7% | $223.6M+30.6% | $194.7M+3.2% | |
| Wealth Management Segment | $325M+6.3% | $317.1M+4.0% | $321.9M+15.7% | $315M+19.8% | $305.7M+18.5% | |
| Other Segment Items by Business | ||||||
| Asset Servicing Segment | $75.1M-18.9% | $75.7M-17.4% | $84.9M-9.7% | $88.4M-11.5% | $92.6M-10.8% | |
| Wealth Management Segment | $92.2M+9.9% | $94.7M+18.8% | $88.9M+15.3% | $85.7M+10.2% | $83.9M+12.8% | |
| Foreign Exchange Trading Income by Business | ||||||
| Asset Servicing Segment | $295M+17.4% | $268M+8.4% | $256M+9.7% | $250M+9.6% | $251.2M+15.2% | |
| Wealth Management Segment | -$25.2M-37.7% | -$27.2M-70.0% | -$27.8M-86.6% | -$24.9M-108% | -$18.3M-81.2% | |
| Allocated Expense by Business | ||||||
| Asset Servicing Segment | $3.13B+12.3% | $3.05B+11.8% | $2.92B+9.5% | $2.83B+8.4% | $2.78B+8.7% | |
| Wealth Management Segment | $1.3B+7.4% | $1.26B+5.1% | $1.23B+3.8% | $1.21B+3.5% | $1.21B+6.0% | |
| Outside Services by Business | ||||||
| Asset Servicing Segment | $105.6M-43.0% | $122.5M-38.7% | $157.2M-23.3% | $176.8M-15.5% | $185.3M-9.4% | |
| Wealth Management Segment | $58.1M+14.4% | $61.4M+31.8% | $57.6M+27.7% | $55.2M+24.6% | $50.8M+19.5% | |
| Average Assets by Business | ||||||
| Asset Servicing Segment | $353.42B+8.5% | $337.66B+4.6% | $337.13B— | $334.44B— | $325.68B— | |
| Goodwill by Business | ||||||
| Asset Servicing Segment | $2.53B+2.0% | $2.52B+1.7% | $2.5B+0.7% | $2.5B+1.1% | $2.48B+0.4% | |
| Wealth Management Segment | $321.6M+0.1% | $321.5M0.0% | $321.4M0.0% | $321.4M0.0% | $321.3M-0.1% | |
| Average Loans by Business | ||||||
| Asset Servicing Segment | $16.87B— | $16.99B— | —— | —— | —— | |
| Provision for Credit Losses by Business | ||||||
| Asset Servicing Segment | -$7.6M-330% | -$3.2M+30.4% | -$2.8M-247% | $2.7M-51.8% | $3.3M+238% | |
| Wealth Management Segment | -$5M— | -$7.5M— | —— | —— | —— | |
| Average Deposits by Business | ||||||
| Asset Servicing Segment | $288.36B+9.9% | $275.24B+6.0% | $275.17B-1.7% | $271.61B+27.1% | $262.33B+77.3% | |
| Wealth Management Segment | $77.45B— | $76.27B— | —— | —— | —— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Custody and Fund Administration | $2.07B+7.3% | $2.03B+5.8% | $1.99B+6.1% | $1.95B+5.6% | $1.93B+5.6% | |
| Investment Management and Advisory | $2.73B+7.3% | $2.66B+6.8% | $2.62B+9.2% | $2.59B+10.6% | $2.55B+11.3% | |
| Other Operating Income | $52.1M+4.2% | $51.4M+30.8% | $51.1M+36.6% | $50.4M+29.6% | $50M+27.9% | |
| Other | $253.6M+2.6% | $248.4M+0.6% | $246.2M-1.1% | $247.6M+0.9% | $247.2M+2.6% | |
| Securities Commissions and Trading Income | $175.2M+18.3% | $162.9M+13.4% | $163.3M+30.3% | $154.8M+27.2% | $148.1M+23.7% | |
| Securities Lending | $88.7M+20.5% | $83M+11.7% | $80.8M+6.6% | $77M-2.3% | $73.6M-11.8% | |
| Other Operating Income(1) by Product | ||||||
| Bank Owned Life Insurance | $80.5M+3.5% | $80.3M+1.5% | $77M-2.4% | $76M-2.3% | $77.8M+6.0% | |
| Banking Service Fees | $55.1M-1.6% | $56.1M+2.0% | $56.7M+7.0% | $56.8M+5.6% | $56M+3.5% | |
| Loan Service Fees | $52M-1.9% | $53.7M-2.4% | $52.7M-19.2% | $51.8M-28.5% | $53M-33.8% | |
| Total Client Receivables by Product | ||||||
| Other | $357.9M+46.5% | $319.9M+39.9% | $278.8M+21.7% | $255M+11.2% | $244.3M+10.9% | |
| Trust Fees Receivable, net | $3.91B+1.8% | $3.87B+1.5% | $3.84B+2.7% | $3.85B+4.8% | $3.84B+7.2% |
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.
