Bank of N.T. Butterfield & Son (NTB) Interest Coverage Ratio (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Coverage Ratio of 1.14 for Q2 2026, up 10.66% year-over-year from 1.03 in Q2 2025, and down 28.13% quarter-over-quarter from 1.58 in Q1 2026.
Bank of N.T. Butterfield & Son (NTB) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Interest Coverage Ratio for 12 consecutive years, with 1.14 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 10.66% year-over-year to 1.14; the TTM figure through Jun 2026 stood at 3.32 (up 83.91% YoY), while the FY2025 annual figure was 1.14, up 25.04% from the prior year.
- Interest Coverage Ratio slipped to 1.14 in Q2 2026 per NTB's latest filing, from 1.58 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 8.61 in Q4 2022 and bottomed at 0.83 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 3.21 across 5 years, with a median of 1.62 in 2023.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio slumped 76.91% — and 2025, when it surged 511.27%.
- Bank of N.T. Butterfield & Son's Interest Coverage Ratio stood at 8.61 in 2022, then dropped by 24.78% to 6.48 in 2023, then plunged by 34.78% to 4.22 in 2024, then rose by 9.16% to 4.61 in 2025, then slumped by 75.38% to 1.14 in 2026.
- Business Quant data shows NTB's Interest Coverage Ratio at 1.14 in Q2 2026, 1.58 in Q1 2026, and 4.61 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 0.66 |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 1.42 |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 1.73 |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 0.51 |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | 0.66 |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 0.08 |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of N.T. Butterfield & Son | 2.33 Bn | -311.86 Mn | 156.35 Mn | 1.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 1.58 |
| Dec 31, 2025 | 4.61 |
| Sep 30, 2025 | 5.20 |
| Jun 30, 2025 | 1.03 |
| Mar 31, 2025 | 1.05 |
| Dec 31, 2024 | 4.22 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.95 |
| Dec 31, 2023 | 6.48 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 1.44 |
| Mar 31, 2023 | 1.65 |
| Dec 31, 2022 | 8.61 |
| Sep 30, 2022 | 4.22 |
| Jun 30, 2022 | 6.25 |
| Mar 31, 2022 | 6.59 |
| Dec 31, 2021 | 35.93 |
| Sep 30, 2021 | 6.27 |