NTB
The Bank of N.T. Butterfield & Son Limited
NYSE · Financial Services · Banks - Diversified · BM
$61.53
+0.92%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 719.4M | 799.8M | 816.5M | 761.9M | 606.4M |
| Cost of Revenue | 94.2M | 193.2M | 236.2M | 183.1M | 57.2M |
| Gross Profit | 625.1M | 606.7M | 580.3M | 578.8M | 549.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 193.9M | 192.3M | 183.8M | 188.1M | 176.7M |
| General & Admin Expense | 186.8M | 185.5M | 177.2M | 181.6M | 170.4M |
| Selling & Marketing Expense | 7.1M | 6.8M | 6.5M | 6.5M | 6.4M |
| Other Expenses | 190.1M | 176.5M | 175.7M | 164.4M | 154.8M |
| Total Operating Expenses | 384.0M | 368.8M | 359.5M | 352.5M | 331.5M |
| Cost and Expenses | 478.2M | 561.9M | 595.6M | 535.6M | 388.7M |
| Operating Income (EBIT) | 241.0M | 238.0M | 220.8M | 226.3M | 217.7M |
| Non-Operating | |||||
| Interest Income | 545.4M | 557.1M | 585.7M | 545.6M | 398.4M |
| Interest Expense | 171.2M | 193.0M | 234.5M | 178.7M | 54.8M |
| Net Interest Income | 374.2M | 364.1M | 351.2M | 367.0M | 343.6M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 241.0M | 238.0M | 220.8M | 226.3M | 217.7M |
| Income Tax Expense | 6.6M | 6.0M | 4.5M | 767.0K | 3.7M |
| Bottom Line | |||||
| Net Income | 234.4M | 231.9M | 216.3M | 225.5M | 214.0M |
| Earnings from Cont. Ops | 234.4M | 232.0M | 216.3M | 225.5M | 214.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 234.4M | 231.9M | 216.3M | 225.5M | 214.0M |
| Per Share | |||||
| Basic EPS | $5.80 | $5.61 | $4.80 | $4.62 | $4.32 |
| Diluted EPS | $5.69 | $5.47 | $4.71 | $4.58 | $4.29 |
| Revenue Per Share | $18.25 | $19.21 | $18.12 | $15.61 | $12.23 |
| Shares | |||||
| Basic Shares Outstanding | 39.4M | 41.6M | 45.1M | 48.8M | 49.6M |
| Diluted Shares Outstanding | 40.4M | 42.4M | 45.1M | 49.3M | 49.9M |
| Profitability Metrics | |||||
| EBITDA | 278.9M | 266.8M | 263.0M | 262.5M | 257.9M |
| D&A | 37.9M | 28.8M | 42.2M | 36.2M | 40.2M |
| EBIT | 241.0M | 238.0M | 220.8M | 226.3M | 217.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026