Northern Trust (NTRS) Interest Expense - Fed Funds (2009 - 2026)
Northern Trust (NTRS) posted Interest Expense - Fed Funds of $769.8 million for Q2 2026, down 4.3% sequentially from $804.4 million in Q1 2026, and up 13.11% YoY from $680.6 million in Q2 2025.
Northern Trust (NTRS) Interest Expense - Fed Funds (2009 - 2026) Analysis & Trends
Northern Trust has reported Interest Expense - Fed Funds for 18 years, with the latest figure at $769.8 million in Q2 2026.
- Quarterly Interest Expense - Fed Funds rose 13.11% year-over-year to $769.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.0 billion (changed 0.5% YoY) and the FY2025 annual result came in at $2.8 billion, down 15.77% from the prior year.
- Interest Expense - Fed Funds fell to $769.8 million in Q2 2026 per NTRS's latest filing, from $804.4 million in the prior quarter.
- Over five years, Interest Expense - Fed Funds peaked at $869.7 million in Q3 2024 and troughed at $300000.0 in Q1 2022.
- A 5-year average of $513.9 million and a median of $687.8 million in 2025 frame the typical range for Interest Expense - Fed Funds.
- The sharpest annual moves came in 2023 and 2025: Interest Expense - Fed Funds surged 38600.0% in 2023, then declined 20.09% in 2025.
- Over 5 years, Interest Expense - Fed Funds stood at $58.9 million in 2022, then soared by 1084.38% to $697.6 million in 2023, then rose by 6.84% to $745.3 million in 2024, then fell by 4.15% to $714.4 million in 2025, then advanced by 7.75% to $769.8 million in 2026.
- According to Business Quant data, Interest Expense - Fed Funds over the past three periods registered $769.8 million, $804.4 million, and $714.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - |
| 10 | Northern Trust | 33.87 Bn | 33.87 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 769.80 Mn |
| Mar 31, 2026 | 804.40 Mn |
| Dec 31, 2025 | 714.40 Mn |
| Sep 30, 2025 | 24.80 Mn |
| Jun 30, 2025 | 680.60 Mn |
| Mar 31, 2025 | 673.20 Mn |
| Dec 31, 2024 | -2.41 Bn |
| Sep 30, 2024 | 869.70 Mn |
| Jun 30, 2024 | 851.50 Mn |
| Mar 31, 2024 | 33.60 Mn |
| Dec 31, 2023 | -586.60 Mn |
| Sep 30, 2023 | 77.50 Mn |
| Jun 30, 2023 | 87.60 Mn |
| Mar 31, 2023 | 40.10 Mn |
| Dec 31, 2022 | 58.90 Mn |
| Sep 30, 2022 | 25.50 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Dec 31, 2021 | 100,000.00 |
| Sep 30, 2021 | 100,000.00 |
| Dec 31, 2020 | -1.10 Mn |