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Northern Trust NTRS Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM 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%
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%

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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.