Northern Trust (NTRS) Tax Provisions (2009 - 2026)
Northern Trust's (NTRS) quarterly Tax Provisions came in at $272.5 million in Q2 2026, up 89.9% year-over-year from $143.5 million in Q2 2025, and up 55.63% quarter-over-quarter from $175.1 million in Q1 2026.
Analysis
Northern Trust (NTRS) Tax Provisions (2009 - 2026) Analysis & Trends
Northern Trust has disclosed Tax Provisions across 18 years of filings, most recently posting $272.5 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 89.9% year-over-year to $272.5 million; the TTM figure through Jun 2026 stood at $777.3 million (up 41.87% YoY), while the FY2025 annual figure was $602.6 million, down 4.11% from the prior year.
- Tax Provisions came in at $272.5 million for Q2 2026 at Northern Trust, up from $175.1 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $277.5 million in Q2 2024 to a low of $32.7 million in Q4 2023.
- Average Tax Provisions over 5 years is $137.0 million, with a median of $133.0 million recorded in 2022.
- Year-over-year, Tax Provisions plunged 66.38% in 2022 and jumped 324.46% in 2024.
- Over 5 years, Tax Provisions stood at $34.7 million in 2022, then decreased by 5.76% to $32.7 million in 2023, then jumped by 324.46% to $138.8 million in 2024, then advanced by 20.89% to $167.8 million in 2025, then surged by 62.4% to $272.5 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $272.5 million in Q2 2026, $175.1 million in Q1 2026, and $167.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - | 475.00 Mn |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - | 305.00 Mn |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 272.50 Mn |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - | 53.65 Mn |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn | 22.22 Mn |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - | -195,554.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 272.50 Mn |
| Mar 31, 2026 | 175.10 Mn |
| Dec 31, 2025 | 167.80 Mn |
| Sep 30, 2025 | 161.90 Mn |
| Jun 30, 2025 | 143.50 Mn |
| Mar 31, 2025 | 129.40 Mn |
| Dec 31, 2024 | 138.80 Mn |
| Sep 30, 2024 | 136.20 Mn |
| Jun 30, 2024 | 277.50 Mn |
| Mar 31, 2024 | 75.90 Mn |
| Dec 31, 2023 | 32.70 Mn |
| Sep 30, 2023 | 106.50 Mn |
| Jun 30, 2023 | 108.90 Mn |
| Mar 31, 2023 | 109.40 Mn |
| Dec 31, 2022 | 34.70 Mn |
| Sep 30, 2022 | 129.70 Mn |
| Jun 30, 2022 | 144.40 Mn |
| Mar 31, 2022 | 121.50 Mn |
| Dec 31, 2021 | 103.20 Mn |
| Sep 30, 2021 | 122.40 Mn |