Bank of N.T. Butterfield & Son NTB
NYSE NTB
$59.31 -0.36 (-0.61%)
As of: Sep 10, 2026 · 10:43 AM EDT

Bank of N.T. Butterfield & Son (NTB) Gross Margin (2015 - 2026)

Bank of N.T. Butterfield & Son's (NTB) quarterly Gross Margin came in at 98.75% in Q2 2026, down 10.0% year-over-year from 109.72% in Q2 2025, and little changed quarter-over-quarter from 98.87% in Q1 2026.

Analysis

Bank of N.T. Butterfield & Son (NTB) Gross Margin (2015 - 2026) Analysis & Trends

Bank of N.T. Butterfield & Son (NTB) has reported Gross Margin for 12 consecutive years, with 98.75% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 10.0% year-over-year to 98.75% in Q2 2026; TTM through Jun 2026 was 98.6%, a 2.0% increase from a year earlier, with the FY2025 full-year figure at 98.88%, changed 0.0% from the prior year.
  • Gross Margin was 98.75% for Q2 2026 at Bank of N.T. Butterfield & Son, roughly flat from 98.87% in the prior quarter.
  • Over five years, Gross Margin peaked at 99.1% in Q3 2024 and troughed at 97.56% in Q4 2022.
  • A 5-year average of 98.63% and a median of 98.84% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 47 bps in 2022 and increased 24 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 97.56% in 2022, then rose by 0 bps to 97.8% in 2023, then declined by 0 bps to 97.62% in 2024, then rose by 0 bps to 97.72% in 2025, then increased by 1 bps to 98.75% in 2026.
  • The last three Gross Margin figures came in at 98.75% (Q2 2026), 98.87% (Q1 2026), and 97.72% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Banco Santander Chile 957.58 Bn 957.58 Bn - -
2 Truist Financial 61.06 Bn 61.06 Bn - -
3 Fifth Third Bancorp 49.23 Bn 25.50 Bn - -
4 M&T Bank 34.50 Bn 34.50 Bn - -
5 Huntington Bancshares 33.46 Bn 28.94 Bn - -
6 Citizens Financial 29.15 Bn 29.15 Bn - -
7 Regions Financial 25.31 Bn 25.31 Bn - -
8 First Citizens Bancshares 24.60 Bn 24.08 Bn 29.00 Mn 39.19%
9 Keycorp 23.13 Bn -24.56 Bn - -
10 Bank of N.T. Butterfield & Son 2.48 Bn 180.17 Mn 156.35 Mn 98.75%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 98.75%
Mar 31, 2026 98.87%
Dec 31, 2025 97.72%
Sep 30, 2025 99.09%
Jun 30, 2025 98.84%
Mar 31, 2025 98.80%
Dec 31, 2024 97.62%
Sep 30, 2024 99.10%
Jun 30, 2024 98.89%
Mar 31, 2024 99.09%
Dec 31, 2023 97.80%
Sep 30, 2023 98.91%
Jun 30, 2023 98.83%
Mar 31, 2023 98.98%
Dec 31, 2022 97.56%
Sep 30, 2022 98.96%
Jun 30, 2022 98.79%
Mar 31, 2022 98.84%
Dec 31, 2021 98.02%
Sep 30, 2021 99.26%