Northern Trust (NTRS) Interest Expense - Deposits (2009 - 2026)
Northern Trust (NTRS) posted Interest Expense - Deposits of $565 million for Q2 2026, down 21.7% from $722 million a year earlier and down 4.5% from the prior quarter.
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Analysis
Northern Trust (NTRS) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Deposits at Northern Trust was $2.4 billion, down 21.7% year-over-year; for FY2025, it was $2.66 billion, down 22.0% from FY2024.
- Annual Interest Expense - Deposits shows a five-year compound annual growth rate of 122.9% (FY2020 to FY2025).
- In prior years, Northern Trust's Interest Expense - Deposits was $3.42 billion in FY2024 (+27.2%), $2.69 billion in FY2023 (+345.5%), $602.8 million in FY2022 and -$61.3 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Interest Expense - Deposits since Q1 2023.
- On a year-over-year basis, Interest Expense - Deposits has declined in each of the last seven quarters, with an average decline of 13.1% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Deposits in the past five years was Q3 2023, with growth of 304.2%; the weakest was Q3 2025, with a decline of 24.6%.
- According to Business Quant data, Interest Expense - Deposits for the three prior quarters was $591.8 million (Q1 2026), $581.6 million (Q4 2025) and $658.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | - |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 1.50 Bn |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | - |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | - |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | - |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | 1.47 Bn |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | - |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | - |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | 565.00 Mn |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 565.00 Mn |
| Mar 31, 2026 | 591.80 Mn |
| Dec 31, 2025 | 581.60 Mn |
| Sep 30, 2025 | 658.40 Mn |
| Jun 30, 2025 | 722.00 Mn |
| Mar 31, 2025 | 701.90 Mn |
| Dec 31, 2024 | 762.40 Mn |
| Sep 30, 2024 | 873.50 Mn |
| Jun 30, 2024 | 898.30 Mn |
| Mar 31, 2024 | 881.70 Mn |
| Dec 31, 2023 | 770.60 Mn |
| Sep 30, 2023 | 716.60 Mn |
| Jun 30, 2023 | 633.50 Mn |
| Mar 31, 2023 | 564.60 Mn |
| Dec 31, 2022 | 418.20 Mn |
| Sep 30, 2022 | 177.30 Mn |
| Jun 30, 2022 | 23.20 Mn |
| Mar 31, 2022 | -15.90 Mn |
| Dec 31, 2021 | -16.80 Mn |
| Sep 30, 2021 | -16.30 Mn |
API Access
Northern Trust Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "NTRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();