Northern Trust Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Northern Trust Corporation (NTRS). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ASSET SERVICING | – | – | $2.50B 56.3% | $2.46B 56.4% · -1.4% | $2.63B 55.7% · +6.9% | $2.80B 55.8% · +6.4% |
| WEALTH MANAGEMENT | $1.67B 41.9% | $1.87B 43.0% · +12.0% | $1.94B 43.7% · +3.3% | $1.90B 43.6% · -1.9% | $2.10B 44.3% · +10.3% | $2.22B 44.2% · +5.9% |
| ASSET SERVICING | $2.32B 58.1% | $2.49B 57.0% · +7.1% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.