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 1.58 for Q1 2026, up 50.57% YoY from 1.05 in Q1 2025, and down 72.13% sequentially from 5.67 in Q4 2025.
Bank of N.T. Butterfield & Son (NTB) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 1.58 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 50.57% year-over-year to 1.58; the TTM figure through Mar 2026 stood at 3.35 (up 94.09% YoY), while the FY2025 annual figure was 1.2, up 31.04% from the prior year.
- Interest Coverage Ratio retreated to 1.58 in Q1 2026, from 5.67 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for NTB reached as high as 8.61 in Q4 2022 and fell as low as 0.83 in Q2 2024.
- The 5-year median for Interest Coverage Ratio is 1.65 (2023), against an average of 3.27.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 76.91% — and 2025, when it surged 511.27%.
- A 5-year view of Interest Coverage Ratio shows it stood at 8.61 in 2022, then slumped by 48.04% to 4.47 in 2023, then decreased by 5.58% to 4.22 in 2024, then surged by 34.2% to 5.67 in 2025, then plunged by 72.13% to 1.58 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.58, 5.67, and 5.2 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | 0.61 |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 1.58 |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 0.29 |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 1.45 |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 1.86 |
| 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 | 1.58 |
| 10 | Ing Groep | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.58 |
| Dec 31, 2025 | 5.67 |
| 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 | 4.47 |
| 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 | 32.43 |
| Sep 30, 2021 | 6.27 |
| Jun 30, 2021 | 6.57 |