The Bank of N.T. Butterfield & Son Limited (NTB)
NYSE: NTB · Real-Time Price · USD
59.58
+0.67 (1.14%)
At close: Sep 2, 2026, 4:00 PM EDT
59.58
0.00 (0.00%)
After-hours: Sep 2, 2026, 4:10 PM EDT
NTB Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Income on Loans | 265.23 | 277.36 | 304.11 | 317.36 | 249.39 | 221.54 |
Interest Income on Investments | 280.21 | 279.75 | 281.61 | 228.27 | 148.99 | 103.35 |
Total Interest Income | 545.44 | 557.11 | 585.72 | 545.63 | 398.38 | 324.9 |
Interest Paid on Deposits | 170.88 | 189.13 | 227 | 170.5 | 45.18 | 15.49 |
Interest Paid on Borrowings | 0.32 | 3.9 | 7.51 | 8.17 | 9.62 | 9.6 |
Total Interest Expense | 171.2 | 193.03 | 234.51 | 178.67 | 54.8 | 25.09 |
Net Interest Income | 374.24 | 364.08 | 351.2 | 366.96 | 343.58 | 299.81 |
Net Interest Income Growth | 5.29% | 3.67% | -4.29% | 6.80% | 14.60% | -5.60% |
Trust Income | 125.38 | 118.9 | 111.47 | 103.56 | 95.67 | 97.96 |
Gain (Loss) on Sale of Investments | - | - | - | 0.03 | -0.01 | 0.75 |
Gain (Loss) on Sale of Equity Investments | 0.2 | 0.2 | -0.3 | -0.2 | - | 0.1 |
Other Non-Interest Income | 128.8 | 123.83 | 119.17 | 112.75 | 112 | 98 |
Total Non-Interest Income | 254.38 | 242.93 | 230.39 | 216.09 | 208.11 | 196.75 |
Non-Interest Income Growth | 8.29% | 5.44% | 6.62% | 3.84% | 5.78% | 6.30% |
Revenues Before Loan Losses | 628.62 | 607.01 | 581.6 | 583.05 | 551.69 | 496.55 |
Provision for Loan Losses | 3.45 | 0.22 | 1.66 | 4.45 | 2.4 | -3.13 |
| 625.16 | 606.79 | 579.93 | 578.6 | 549.3 | 499.68 | |
Revenue Growth | 6.16% | 4.63% | 0.23% | 5.33% | 9.93% | 1.11% |
Salaries and Employee Benefits | 160.39 | 160.34 | 155.45 | 155.12 | 151.89 | 148.55 |
Occupancy Expenses | 32.31 | 34.13 | 34.08 | 31.37 | 31.44 | 30.86 |
Amortization of Goodwill & Intangibles | 8.48 | 8 | 8.01 | 5.73 | 5.68 | 6.01 |
Selling, General & Administrative | 132.96 | 115.96 | 116.28 | 110.3 | 99.81 | 104.96 |
Other Non-Interest Expense | 44.48 | 44.8 | 43.77 | 42.22 | 41.77 | 42.01 |
Total Non-Interest Expense | 378.61 | 363.23 | 357.59 | 344.74 | 330.6 | 332.39 |
EBT Excluding Unusual Items | 246.56 | 243.57 | 222.35 | 233.86 | 218.7 | 167.29 |
Other Unusual Items | -5.6 | -5.6 | -1.5 | - | -1 | - |
Pretax Income | 240.96 | 237.97 | 220.85 | 226.26 | 217.7 | 165.79 |
Income Tax Expense | 6.57 | 6.02 | 4.53 | 0.77 | 3.68 | 3.12 |
Net Income | 234.39 | 231.94 | 216.32 | 225.49 | 214.02 | 162.67 |
Net Income to Common | 234.39 | 231.94 | 216.32 | 225.49 | 214.02 | 162.67 |
Net Income Growth | 6.84% | 7.22% | -4.07% | 5.36% | 31.57% | 10.50% |
Basic Shares Outstanding | 40 | 41 | 45 | 49 | 50 | 50 |
Diluted Shares Outstanding | 41 | 42 | 46 | 49 | 50 | 50 |
Shares Change | -6.55% | -7.59% | -6.86% | -1.17% | -0.03% | -1.92% |
EPS (Basic) | 5.85 | 5.61 | 4.80 | 4.62 | 4.32 | 3.28 |
EPS (Diluted) | 5.69 | 5.47 | 4.71 | 4.58 | 4.29 | 3.26 |
EPS Growth | 14.66% | 16.14% | 2.84% | 6.76% | 31.60% | 12.41% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 2.000 | 1.880 | 1.760 | 1.760 | 1.760 | 1.760 |
Dividend Growth | 13.64% | 6.82% | 0% | 0% | 0% | 0% |
Effective Tax Rate | 2.73% | 2.53% | 2.05% | 0.34% | 1.69% | 1.88% |