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
DateValue
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%