The Bank of N.T. Butterfield & Son Limited (NTB)
NYSE: NTB · Real-Time Price · USD
37.99
-1.31 (-3.33%)
Apr 3, 2025, 1:49 PM EDT - Market open
NTB Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 304.11 | 317.36 | 249.39 | 221.54 | 230.66 | Upgrade
|
| Interest Income on Investments | 281.61 | 228.27 | 148.99 | 103.35 | 121.35 | Upgrade
|
| Total Interest Income | 585.72 | 545.63 | 398.38 | 324.9 | 352.01 | Upgrade
|
| Interest Paid on Deposits | 227 | 170.5 | 45.18 | 15.49 | 25.12 | Upgrade
|
| Interest Paid on Borrowings | 7.51 | 8.17 | 9.62 | 9.6 | 9.29 | Upgrade
|
| Total Interest Expense | 234.51 | 178.67 | 54.8 | 25.09 | 34.41 | Upgrade
|
| Net Interest Income | 351.2 | 366.96 | 343.58 | 299.81 | 317.6 | Upgrade
|
| Net Interest Income Growth (YoY) | -4.29% | 6.80% | 14.60% | -5.60% | -8.13% | Upgrade
|
| Trust Income | 111.47 | 103.56 | 95.67 | 97.96 | 93.72 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | 0.03 | -0.01 | 0.75 | 1.88 | Upgrade
|
| Gain (Loss) on Sale of Equity Investments | -0.3 | -0.2 | - | 0.1 | 1.3 | Upgrade
|
| Other Non-Interest Income | 119.17 | 112.75 | 112 | 98 | 88.28 | Upgrade
|
| Total Non-Interest Income | 230.39 | 216.09 | 208.11 | 196.75 | 185.08 | Upgrade
|
| Non-Interest Income Growth (YoY) | 6.62% | 3.84% | 5.78% | 6.30% | -0.89% | Upgrade
|
| Revenues Before Loan Losses | 581.6 | 583.05 | 551.69 | 496.55 | 502.68 | Upgrade
|
| Provision for Loan Losses | 1.66 | 4.45 | 2.4 | -3.13 | 8.49 | Upgrade
|
| Revenue | 579.93 | 578.6 | 549.3 | 499.68 | 494.19 | Upgrade
|
| Revenue Growth (YoY) | 0.23% | 5.33% | 9.93% | 1.11% | -7.22% | Upgrade
|
| Salaries and Employee Benefits | 155.45 | 155.12 | 152.89 | 148.55 | 153.06 | Upgrade
|
| Occupancy Expenses | 34.08 | 31.37 | 31.44 | 30.86 | 29.39 | Upgrade
|
| Amortization of Goodwill & Intangibles | 8.01 | 5.73 | 5.68 | 6.01 | 5.82 | Upgrade
|
| Selling, General & Administrative | 116.28 | 110.3 | 99.81 | 104.96 | 106.11 | Upgrade
|
| Other Non-Interest Expense | 43.77 | 42.22 | 41.77 | 42.01 | 42.22 | Upgrade
|
| Total Non-Interest Expense | 357.59 | 344.74 | 331.6 | 332.39 | 336.59 | Upgrade
|
| EBT Excluding Unusual Items | 222.35 | 233.86 | 217.7 | 167.29 | 157.6 | Upgrade
|
| Other Unusual Items | -1.5 | - | - | - | - | Upgrade
|
| Pretax Income | 220.85 | 226.26 | 217.7 | 165.79 | 149.6 | Upgrade
|
| Income Tax Expense | 4.53 | 0.77 | 3.68 | 3.12 | 2.38 | Upgrade
|
| Net Income | 216.32 | 225.49 | 214.02 | 162.67 | 147.22 | Upgrade
|
| Net Income to Common | 216.32 | 225.49 | 214.02 | 162.67 | 147.22 | Upgrade
|
| Net Income Growth | -4.07% | 5.36% | 31.57% | 10.50% | -16.86% | Upgrade
|
| Basic Shares Outstanding | 45 | 49 | 50 | 50 | 51 | Upgrade
|
| Diluted Shares Outstanding | 46 | 49 | 50 | 50 | 51 | Upgrade
|
| Shares Change (YoY) | -6.86% | -1.17% | -0.03% | -1.92% | -5.24% | Upgrade
|
| EPS (Basic) | 4.80 | 4.62 | 4.32 | 3.28 | 2.91 | Upgrade
|
| EPS (Diluted) | 4.71 | 4.58 | 4.29 | 3.26 | 2.90 | Upgrade
|
| EPS Growth | 2.84% | 6.76% | 31.60% | 12.41% | -12.12% | Upgrade
|
| Dividend Per Share | 1.760 | 1.760 | 1.760 | 1.760 | 1.760 | Upgrade
|
| Effective Tax Rate | 2.05% | 0.34% | 1.69% | 1.88% | 1.59% | Upgrade
|
Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.