Northern Trust (NTRS) Other Operating Expenses (2009 - 2026)
Northern Trust's Other Operating Expenses came in at $594.2 million for Q2 2026, up 140.6% from $247 million a year earlier and up 151.0% from the prior quarter.
Northern Trust (NTRS) Other Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Northern Trust reported Other Operating Expenses of $1.33 billion, up 64.2% year-over-year; for FY2025, it came in at $988.5 million, down 14.6% from FY2024.
- Other Operating Expenses carries a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Going back by year, Other Operating Expenses was $1.16 billion in FY2024 (+27.7%), $906.5 million in FY2023 (+3.0%), $880.3 million in FY2022 (+3.6%) and $849.4 million in FY2021 (+11.3%).
- The Q2 2026 figure represents the highest quarterly Other Operating Expenses since Q2 2024.
- Year-over-year, Other Operating Expenses increased in four of the last eight quarters, with growth averaging 39.9%.
- The fastest year-over-year change in Other Operating Expenses over five years came in Q4 2025 (growth of 314.2%), and the weakest in Q4 2024 (a decline of 74.5%).
- Business Quant data shows NTRS's Other Operating Expenses at $236.7 million (Q1 2026), $248.1 million (Q4 2025) and $248.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 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 | - |
| 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 | - |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 686.50 Mn |
| Mar 31, 2026 | 160.10 Mn |
| Dec 31, 2025 | 125.40 Mn |
| Sep 30, 2025 | 145.60 Mn |
| Jun 30, 2025 | 157.00 Mn |
| Mar 31, 2025 | 144.30 Mn |
| Dec 31, 2024 | 153.30 Mn |
| Sep 30, 2024 | 197.90 Mn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 161.40 Mn |
| Dec 31, 2023 | 235.30 Mn |
| Sep 30, 2023 | 166.70 Mn |
| Jun 30, 2023 | 167.20 Mn |
| Mar 31, 2023 | 132.40 Mn |
| Dec 31, 2022 | 155.00 Mn |
| Sep 30, 2022 | 139.30 Mn |
| Jun 30, 2022 | 135.50 Mn |
| Mar 31, 2022 | 120.80 Mn |
| Dec 31, 2021 | 151.00 Mn |
| Sep 30, 2021 | 143.50 Mn |
Northern Trust Other Operating Expenses 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=other-operating-expenses&ticker=NTRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();