Bank of N.T. Butterfield & Son (NTB) Gross Margin (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) reported Gross Margin of 98.87% for Q1 2026, up 6.0% year-over-year from 93.27% in Q1 2025, and little changed quarter-over-quarter from 98.78% in Q4 2025.
Bank of N.T. Butterfield & Son (NTB) Gross Margin (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has 12 years of Gross Margin data on file, last reported at 98.87% in Q1 2026.
- Gross Margin for Q1 2026 came in at 98.87%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 98.89% (up 9.0% YoY), and the FY2025 annual result was 98.88%, changed 0.0% from the prior year.
- Gross Margin steadied at 98.87% in Q1 2026 per NTB's latest filing, from 98.78% in the prior quarter.
- Over five years, Gross Margin peaked at 99.1% in Q3 2024 and troughed at 98.45% in Q4 2024.
- A 5-year average of 98.87% and a median of 98.84% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 39 bps in 2022, then soared 33 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 98.78% in 2022, then rose by 0 bps to 98.82% in 2023, then retreated by 0 bps to 98.45% in 2024, then grew by 0 bps to 98.78% in 2025, then increased by 0 bps to 98.87% in 2026.
- Business Quant data shows NTB's Gross Margin at 98.87% in Q1 2026, 98.78% in Q4 2025, and 99.09% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | - |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | - |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | - |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 96.57% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | - |
| 10 | Bank of N.T. Butterfield & Son | 90.92 | -2.85 Bn | 152.73 Mn | 98.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.87% |
| Dec 31, 2025 | 98.78% |
| Sep 30, 2025 | 99.09% |
| Jun 30, 2025 | 98.84% |
| Mar 31, 2025 | 98.80% |
| Dec 31, 2024 | 98.45% |
| Sep 30, 2024 | 99.10% |
| Jun 30, 2024 | 98.89% |
| Mar 31, 2024 | 99.09% |
| Dec 31, 2023 | 98.82% |
| Sep 30, 2023 | 98.91% |
| Jun 30, 2023 | 98.83% |
| Mar 31, 2023 | 98.98% |
| Dec 31, 2022 | 98.78% |
| Sep 30, 2022 | 98.96% |
| Jun 30, 2022 | 98.79% |
| Mar 31, 2022 | 98.84% |
| Dec 31, 2021 | 99.02% |
| Sep 30, 2021 | 99.26% |
| Jun 30, 2021 | 99.18% |