Northern Trust (NTRS) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased. The growth was supported by both a sequential improvement and a year-over-year gain.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased. The growth was supported by both a sequential improvement and a year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
+7.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $1.1B | -4.1% |
| Sep 30, 2023 | $1.1B | +3.1% |
| Dec 31, 2023 | $1.1B | +4.6% |
| Mar 31, 2024 | $1.1B | +7.5% |
Revenue performance
The reported revenue rose compared to the immediately preceding quarter and also compared to the same quarter one year earlier.
Quarterly comparison
When set against the prior quarter, revenue was higher. Against the same period last year, revenue also posted an increase.
What to watch
Monitor whether the revenue trajectory can maintain its upward momentum in the coming quarters.