Bank of N.T. Butterfield & Son (NTB) Gross Margin (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Gross Margin of 98.87% for Q1 2026, up 6.0% YoY from 93.27% in Q1 2025, and little changed sequentially 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 has disclosed Gross Margin across 12 years of filings, most recently posting 98.87% for Q1 2026.
- In Q1 2026, Gross Margin rose 6.0% year-over-year to 98.87%; the TTM figure through Mar 2026 stood at 98.89% (up 9.0% YoY), while the FY2025 annual figure was 98.88%, changed 0.0% from the prior year.
- Gross Margin held at 98.87% in Q1 2026, from 98.78% in the prior quarter.
- Over the last five years, Gross Margin for NTB reached as high as 99.1% in Q3 2024 and fell as low as 98.45% in Q4 2024.
- The 5-year median for Gross Margin is 98.84% (2025), against an average of 98.87%.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 39 bps — and 2025, when it soared 33 bps.
- 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.
- According to Business Quant data, Gross Margin over the past three periods registered 98.87%, 98.78%, and 99.09% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 96.57% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 99.88% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | - |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 98.87% |
| 10 | Ing Groep | - | - | - | - |
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% |