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NYSE · Financials

Bank of N.T. Butterfield & Son Ltd (NTB)

As-reported financials and SEC filings for Bank of N.T. Butterfield & Son Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Snapshot

Revenue
$606.8M
Revenue growth (YoY)
4.6%
Net income
$231.9M
Diluted EPS
$5.47
Gross margin
Operating margin
Net margin
38.2%
FCF margin
ROE
20.3%
net income / fiscal-year-end equity
P/E
10.4×
trailing when available, otherwise FY EPS
Market cap
$2.33B
Long-term debt / equity
0.00×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Bank of N.T. Butterfield & Son

  • Revenue grew 4.6% to $607M in FY2025, faster than the 0.2% the year before.
  • Net income rose 7.2% to $232M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Bank of N.T. Butterfield & Son’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin38.2%
92nd percentile of 377
Revenue growth (YoY)+4.6%
29th percentile of 420
ROE20.3%
86th percentile of 375
P/E10.4×
29th percentile of 318
Long-term debt / equity0.00×
1st percentile of 194
Short interest3.42d
40th percentile of 420

Bank of N.T. Butterfield & Son’s long-term debt to equity of 0.00 ranks in the 1st percentile of the 194 Financials companies reporting it. Bank of N.T. Butterfield & Son’s net margin of 38.2% ranks in the 92nd percentile of the 377 Financials companies reporting it. Bank of N.T. Butterfield & Son’s return on equity of 20.3% ranks in the 86th percentile of the 375 Financials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 15 insider sales totaling $23.1M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
15
$23.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-26
McWatt MichaelManaging Director, CaymanSell9.0K$58.41$526K
2026-08-19
Collins Michael WChief Executive OfficerSell61.2K$59.67$3.7M
2026-08-18
filed 2026-08-19
Collins Michael WChief Executive OfficerSell70.9K$61.79$4.4M
2026-08-18
filed 2026-08-19
Pearce JaneManaging Director, TrustSell16.4K$61.78$1.0M
2026-08-17
filed 2026-08-19
Collins Michael WChief Executive OfficerSell75.0K$62.98$4.7M
2026-08-14
filed 2026-08-17
Neff Michael WalterChief Operating OfficerSell5.5K$63.66$350K
2026-08-05
McWatt MichaelManaging Director, CaymanSell12.0K$61.78$741K
2026-08-04
filed 2026-08-05
Wright John RDirectorSell5.0K$59.50$298K
2026-07-31
Saunders RichardManaging Director, CIUKSell18.1K$61.33$1.1M
2026-07-30
filed 2026-07-31
Hidalgo TaraChief Risk OfficerSell18.6K$61.27$1.1M
2026-07-30
filed 2026-07-31
Burns Andrew RonaldChief Risk Officer, CaymanSell18.6K$61.27$1.1M
2026-07-29
filed 2026-07-31
Feldman Jody TerenceManaging Director, BermudaSell7.5K$59.94$450K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
658.2K
settled 2026-08-14
Change vs prior
+4.8%
vs previous settlement
Days to cover
3.42
at avg daily volume
Avg daily volume
192.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14658.2K+4.8%3.42
2026-07-31628.1K-2.8%3.69
2026-07-15646.3K+5.0%4.85
2026-06-30615.8K+2.8%2.08
2026-06-15599.2K+28.2%2.63
2026-05-29467.2K+29.9%2.38
2026-05-15359.7K+18.0%2.10
2026-04-30304.9K-35.6%1.96

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$606.8M$579.9M$578.6M$549.3M$499.7M
Gross profit
Operating income
Net income$231.9M$216.3M$225.5M$214.0M$162.7M
Diluted EPS$5.47$4.71$4.58$4.29$3.26

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.71B$2.00B$1.65B$2.10B$2.18B
Current assets
Total assets$14.09B$14.23B$13.37B$14.31B$15.34B
Current liabilities
Long-term debt$0$98.7M$98.5M$172.3M$171.9M
Total liabilities$12.95B$13.21B$12.37B$13.44B$14.36B
Total equity$1.14B$1.02B$1.00B$864.8M$977.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$279.6M$265.4M$300.3M$219.3M$251.3M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryCommercial Banks, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2016
SEC CIK1653242

Selected SEC filings

20-F2026-02-18
View on EDGAR →
6-K2026-08-31
View on EDGAR →
6-K2026-08-14
View on EDGAR →
6-K2026-08-14
View on EDGAR →
6-K2026-08-05
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.