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Northern Trust NTRS Total noninterest expense

Total noninterest expense at other companies

Amalgamated Financial Corp. logo
Amalgamated Financial Corp.AMAL
$45.89M+10.2%
CTB
Community Trust BancorpCTBI
$37.37M+4.8%
Old National Bancorp logo
Old National BancorpONB
$372.16M-3.3%
Trustmark logo
TrustmarkTRMK
$133.68M+6.8%
JPMorgan Chase logo
JPMorgan ChaseJPM
State Street logo
State StreetSTT

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$33.33B+37.0%
P/E17.8×+3.8×
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 total noninterest expense?
Northern Trust (NTRS) reported total noninterest expense of $1.51B in Q1 2026.
How has Northern Trust's total noninterest expense changed year-over-year?
Northern Trust's total 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 total noninterest expense?
Over 4 years (2021 to 2025), Northern Trust's total noninterest expense has grown at a 6.1% compound annual growth rate (CAGR), from $4.54B to $5.75B.
What does total noninterest expense mean?
This metric represents the aggregate costs incurred by a financial institution to support its core business operations, excluding interest expenses related to funding. It encompasses essential overhead categories such as personnel compensation, technology and software infrastructure, occupancy costs, and professional services. Monitoring this figure is critical for assessing a firm's operational efficiency and its ability to manage cost structures relative to revenue generation.

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