YOLFTbeta
Bank of N.T. Butterfield & Son Ltd

Bank of N.T. Butterfield & Son Ltd

NTB · NYSE · Financial Services / Banks - Diversified

56.67USD+0.42 (+0.75%)

Price History

Full chart

Market Stats

Previous Close56.25
Open56.55
Day Range55.77 – 56.81
52-Week Range39.10 – 64.17
Volume151.93K
Market Cap2.32B
P/E (TTM)10.38
Forward P/E0.00
EPS5.68
Dividend Yield3.39%
Beta0.49
50-Day Avg60.56
200-Day Avg55.66

About

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. The company offers retail and corporate checking, savings, and term deposits. It also provides lending products and services, including residential mortgage lending, automobile lending, credit cards, consumer financing, overdraft facilities to retail customers, commercial real estate lending, and commercial and industrial loans. In addition, the company offers cash and liquidity management, foreign exchange, custody administration, and settlement services. Further, it provides personal and business deposit services, residential and commercial mortgages, small and medium-sized enterprise and corporate loans, credit and debit cards, merchant acquiring, and mobile and internet banking services; and treasury services, wealth management, and fiduciary services. Additionally, the company offers discretionary investment management, managed portfolio services, money market, and mutual fund offerings, as well as advisory and self-directed brokerage options. It operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Hong Kong, Switzerland, Singapore, Mauritius, and Canada, as well as Bermuda. The Bank of N.T. Butterfield & Son Limited was founded in 1784 and is headquartered in Hamilton, Bermuda.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Diversified
  • CEOMr. Michael Weld Collins
  • Employees1.30K
  • Headquarters65 Front Street, Hamilton, Bermuda, HM 12, USA
  • Websitehttps://www.butterfieldgroup.com

Leadership

  • Mr. Michael Weld CollinsChairman & CEO · b. 1963
  • Mr. Michael L. Schrum C.F.A.President, Group CFO & Executive Director · b. 1968
  • Mr. Michael NeffGroup Chief Operating Officer · b. 1963
  • Mr. Noah FieldsHead of Investor Relations
  • Ms. Meredith SteinhausInterim General Counsel
  • Mr. Kevin DallasGroup Chief Experience Officer and Group Head of Marketing & Communications · b. 1979
  • Mr. Alexander Roberts Huxley TwerdahlHead of Strategy & Corporate Development
  • Mr. Michael Sean LeeGroup Head of Human Resources · b. 1965
  • Mr. Michael A. McWattManaging Director of Butterfield Bank (Cayman) Limited · b. 1965
  • Mr. Richard Saunders BSc (Hons)Managing Director of Channel Islands & UK · b. 1969

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue347.32M371.28M305.72M141.02M280.88M363.50M481.37M675.83M821.62M604.02M237.84M127.64M347.89M331.92M341.70M389.88M374.11M407.00M448.80M510.80M532.13M502.07M521.55M606.42M761.89M816.50M799.84M
Growth (%)-+6.90%-17.66%-53.87%+99.18%+29.41%+32.43%+40.40%+21.57%-26.48%-60.62%-46.33%+172.56%-4.59%+2.94%+14.10%-4.05%+8.79%+10.27%+13.81%+4.18%-5.65%+3.88%+16.27%+25.64%+7.17%-2.04%
Cost of Revenue000000000000000451.00K338.00K401.00K8.00K-202.00K--21.96M57.20M183.12M236.18M193.25M
Gross Profit0000000000000331.92M341.70M389.43M373.77M406.60M448.79M510.80M532.13M502.07M499.59M549.23M578.77M580.32M606.70M
Gross Margin0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%100.00%100.00%99.88%99.91%99.90%100.00%100.00%100.00%100.00%95.79%90.57%75.96%71.07%75.85%
Operating Expense-256.49M-277.50M-198.60M-87.00M-160.02M-207.24M-307.99M-450.68M-563.51M-325.89M00-85.66M269.86M259.29M254.82M271.44M406.48M448.64M289.73M356.43M352.47M333.80M331.52M352.51M359.47M368.70M
Operating Income256.49M277.50M198.60M87.00M160.02M207.24M307.99M450.68M563.51M325.89M0085.66M62.07M82.41M134.60M102.33M115.90K153.30K221.07M175.70M149.60M165.79M217.70M226.26M220.85M238.00M
Operating Margin73.85%74.74%64.96%61.70%56.97%57.01%63.98%66.69%68.58%53.95%0.00%0.00%24.62%18.70%24.12%34.52%27.35%0.03%0.03%43.28%33.02%29.80%31.79%35.90%29.70%27.05%29.76%
EBITDA-------------70.81M124.01M143.29M133.94M185.38M194.21M242.94M224.09M212.03M235.25M257.88M262.47M263.00M266.79M
EBITDA Margin-------------21.33%36.29%36.75%35.80%45.55%43.27%47.56%42.11%42.23%45.11%42.52%34.45%32.21%33.35%
Net Income40.35M60.74M81.42M37.43M76.49M90.47M109.35M134.08M146.00M4.84M0019.20M-1.01M58.41M108.16M77.74M115.90M153.30M195.20M177.07M147.22M162.67M214.02M225.49M216.32M231.90M
Net Income Margin11.62%16.36%26.63%26.54%27.23%24.89%22.72%19.84%17.77%0.80%0.00%0.00%5.52%-0.30%17.10%27.74%20.78%28.48%34.16%38.21%33.28%29.32%31.19%35.29%29.60%26.49%28.99%
R&D0000000000000000-----------
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-----------
Interest Expense00000000000000026.61M23.32M16.45M15.88M24.60M59.38M34.41M25.09M54.80M178.67M234.51M193.03M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%6.83%6.23%4.04%3.54%4.82%11.16%6.85%4.81%9.04%23.45%28.72%24.13%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.79B5.20B5.74B6.01B7.68B8.63B9.20B11.13B11.91B10.91B9.59B9.62B8.82B8.94B8.87B9.86B10.28B11.10B10.78B10.77B13.92B14.74B15.34B14.31B13.37B14.23B14.10B
Total Liabilities4.54B4.91B5.40B5.67B7.28B8.20B8.70B10.58B11.28B10.39B9.24B8.81B7.99B8.08B8.07B9.01B9.53B10.39B9.96B9.89B12.96B13.76B14.36B13.44B12.37B13.21B12.95B
Total Equity250.20M286.52M335.17M338.80M394.93M428.03M495.23M549.55M629.33M518.44M355.46M810.00M830.44M857.17M803.18M849.37M750.35M711.00M823.00M882.00M964.00M982.00M977.00M865.00M1.00B1.02B1.14B
Cash63.70M87.69M42.26M63.10M40.90M164.43M154.70M341.58M267.26M553.15M523.52M319.21M1.98B1.65B1.77B2.06B2.29B2.10B1.53B2.05B2.55B3.29B2.18B2.10B1.65B2.00B1.61B
Total Debt-------------495.49M207.00M117.00M242.93M245.32M164.00M9.56B12.54B254.78M254.94M254.42M98.49M191.29M38.72M
Net Debt--------------1.16B-1.56B-1.95B-2.17B-1.99B-1.42B-1.91B-2.41B-3.12B-2.01B-1.93B-1.55B-1.81B-1.57B

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow00000000000132.91M119.13M143.78M155.54M178.19M193.36M296.35M249.65M188.15M251.35M219.27M300.29M265.43M279.56M
Investing Cash Flow00000000000-627.42M55.67M-258.70M-325.85M-1.19B-164.30M338.22M1.09B-41.71M-1.91B292.02M681.80M-581.02M102.36M
Financing Cash Flow00000000000108.86M4.12M461.75M426.88M939.59M-686.28M-125.15M-919.43M546.45M535.78M-506.81M-1.45B735.56M-745.64M
Capital Expenditure0000000000017.76M19.17M6.13M1.48M9.80M14.78M19.84M22.78M20.57M15.72M26.88M54.27M21.53M24.75M
Free Cash Flow-----------115.15M99.96M137.65M154.06M168.39M178.58M276.51M226.87M167.58M235.63M192.40M246.02M243.90M254.81M
Dividends Paid0000000000015.99M53.55M42.11M39.48M33.98M69.73M83.70M93.64M88.93M87.28M87.34M86.19M79.58M77.72M
FCF to OCF-----------86.64%83.91%95.74%99.05%94.50%92.36%93.31%90.88%89.07%93.74%87.74%81.93%91.89%91.15%
Dividend Paid to FCF-----------13.88%53.57%30.59%25.62%20.18%39.05%30.27%41.27%53.07%37.04%45.40%35.03%32.63%30.50%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Aug 31, 2016Oct 25, 2016Feb 13, 2017Apr 25, 2017Jul 25, 2017Oct 25, 2017Feb 15, 2018Apr 23, 2018Jul 24, 2018Oct 23, 2018Feb 19, 2019Apr 25, 2019Jul 23, 2019Oct 22, 2019Feb 12, 2020Apr 30, 2020Jul 22, 2020Oct 28, 2020Feb 10, 2021Apr 28, 2021Jul 26, 2021Oct 27, 2021Feb 14, 2022May 2, 2022Jul 25, 2022Oct 31, 2022Feb 13, 2023Apr 24, 2023Jul 31, 2023Oct 24, 2023Feb 12, 2024Apr 23, 2024Jul 22, 2024Oct 22, 2024Feb 10, 2025Apr 23, 2025Jul 28, 2025Oct 28, 2025Feb 9, 2026Apr 28, 2026Jul 27, 2026Oct 27, 2026
EPS Estimate--------------------------------------0.490.550.640.660.700.770.780.880.950.890.880.910.920.860.730.560.630.710.750.800.810.810.790.931.121.151.161.161.121.110.971.041.121.171.091.221.311.471.401.511.55
EPS Actual3.553.614.023.503.65-1.738.27-9.71-2.241.110.22-24.33-7.46-0.08-0.42-0.360.070.070.120.080.180.210.26-0.510.160.470.310.100.340.420.330.380.410.450.46-0.110.480.540.600.620.700.670.730.760.790.930.880.920.960.950.910.870.780.670.730.860.830.800.800.840.901.011.161.261.241.141.161.111.171.111.161.341.301.261.511.541.551.58-
Surprise--------------------------------------22.45%12.73%9.38%1.52%4.29%-1.30%1.28%5.68%-7.37%3.37%9.09%4.40%-1.09%1.16%6.85%19.64%15.87%21.13%10.67%0.00%-1.23%3.70%13.92%8.60%3.57%9.57%6.90%-1.72%3.57%0.00%20.62%6.73%3.57%14.53%19.27%3.28%15.27%4.76%10.71%4.64%-
Timing--------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.32B
Enterprise Value-802.36M
Trailing P/E10.38
Forward P/E0.00
PEG Ratio1.96
Price / Sales3.71
Price / Book1.99
EPS5.68
Book Value29.21
Revenue (TTM)625.16M
Gross Profit (TTM)625.16M
Profit Margin37.49%
Operating Margin32.12%
Return on Equity21.14%
Return on Assets1.64%
Shares Outstanding39.33M
Shares Float38.67M
Beta0.49
Dividend Yield3.39%
Dividend Rate2.00
Payout Ratio32.36%

Analyst Ratings

Buy
Based on 4 analystsTarget 64.00
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
74.30%
Insiders
1.36%
Retail / Other
24.34%

Top Institutional Holders

  • Financial Gravity Companies Inc
    00.00%

Top Fund Holders

  • Fidelity Small Cap Value Fund
    1.76M4.48%
  • Avantis US Small Cap Value ETF
    1.49M3.78%
  • iShares Russell 2000 ETF
    1.04M2.65%
  • Nomura Small Cap Value A
    776.44K1.97%
  • Fidelity Small Cap Index
    439.25K1.12%
  • Nomura VIP Small Cap Value Series Std
    411.30K1.05%
  • CREF Total Global Stock Account R3
    382.65K0.97%
  • FPA Queens Road Small Cap Value Inv
    361.82K0.92%
  • Federated Hermes MDT Small Cap Core IS
    335.30K0.85%
  • Invesco Main Street Small Cap R6
    332.31K0.84%
  • Davis Financial A
    302.37K0.77%
  • iShares Russell 2000 Value ETF
    295.88K0.75%
  • Victory RS Partners A
    277.08K0.70%

Dividends

20264×
0.50Nov 10, 20260.50Aug 12, 20260.50May 13, 20260.50Feb 23, 2026
20254×
0.50Nov 10, 20250.50Aug 11, 20250.44May 7, 20250.44Feb 24, 2025
20244×
0.44Nov 5, 20240.44Aug 5, 20240.44May 6, 20240.44Feb 23, 2024
20234×
0.44Nov 7, 20230.44Aug 11, 20230.44May 5, 20230.44Feb 24, 2023
20224×
0.44Nov 10, 20220.44Aug 5, 20220.44May 13, 20220.44Feb 25, 2022
20214×
0.44Nov 9, 20210.44Aug 9, 20210.44May 11, 20210.44Feb 23, 2021

Stock Splits

  • Sep 6, 20161:10