Bank of N.T. Butterfield & Son (NTB) Interest Expense - Debt (2015 - 2025)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Expense - Debt of $2.3 million for Q2 2025, up 68.37% year-over-year from $1.4 million in Q2 2024, and up 68.49% quarter-over-quarter from $1.4 million in Q1 2025.
Bank of N.T. Butterfield & Son (NTB) Interest Expense - Debt (2015 - 2025) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Interest Expense - Debt for 11 consecutive years, with $2.3 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Interest Expense - Debt rose 68.37% year-over-year to $2.3 million; the TTM figure through Dec 2025 stood at $3.7 million (down 32.89% YoY), while the FY2025 annual figure was $3.7 million, down 32.89% from the prior year.
- Interest Expense - Debt improved to $2.3 million in Q2 2025 per NTB's latest filing, from $1.4 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $2.9 million in Q2 2023 and bottomed at $1.4 million in Q3 2023.
- Historically, Interest Expense - Debt has averaged $2.0 million across 5 years, with a median of $2.4 million in 2021.
- Annual changes were most pronounced in 2024 — Interest Expense - Debt sank 53.48% — and 2025, when it soared 68.37%.
- Bank of N.T. Butterfield & Son's Interest Expense - Debt stood at $2.4 million in 2021, then changed by 0.0% to $2.4 million in 2022, then plunged by 42.88% to $1.4 million in 2023, then changed by 0.0% to $1.4 million in 2024, then soared by 68.49% to $2.3 million in 2025.
- Business Quant data shows NTB's Interest Expense - Debt at $2.3 million in Q2 2025, $1.4 million in Q1 2025, and $1.4 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 6.61 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 107.36 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 2.39 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 39.83 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 2.24 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | - |
| 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 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 2.31 Mn |
| Mar 31, 2025 | 1.37 Mn |
| Dec 31, 2024 | 1.37 Mn |
| Sep 30, 2024 | 1.37 Mn |
| Jun 30, 2024 | 1.37 Mn |
| Mar 31, 2024 | 1.37 Mn |
| Dec 31, 2023 | 1.37 Mn |
| Sep 30, 2023 | 1.37 Mn |
| Jun 30, 2023 | 2.95 Mn |
| Mar 31, 2023 | 2.40 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 2.40 Mn |
| Jun 30, 2022 | 2.40 Mn |
| Mar 31, 2022 | 2.40 Mn |
| Dec 31, 2021 | 2.40 Mn |
| Sep 30, 2021 | 2.40 Mn |
| Jun 30, 2021 | 2.40 Mn |
| Mar 31, 2021 | 2.40 Mn |
| Dec 31, 2020 | 2.62 Mn |
| Sep 30, 2020 | 2.74 Mn |