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% YoY from $1.4 million in Q2 2024, and up 68.49% sequentially 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 has disclosed Interest Expense - Debt across 11 years of filings, most recently posting $2.3 million for 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 climbed to $2.3 million in Q2 2025, from $1.4 million in the prior quarter.
- Over the last five years, Interest Expense - Debt for NTB reached as high as $2.9 million in Q2 2023 and fell as low as $1.4 million in Q3 2023.
- The 5-year median for Interest Expense - Debt is $2.4 million (2021), against an average of $2.0 million.
- Annual changes were most pronounced in 2024 — Interest Expense - Debt tumbled 53.48% — and 2025, when it soared 68.37%.
- A 5-year view of Interest Expense - Debt shows it stood at $2.4 million in 2021, then changed by 0.0% to $2.4 million in 2022, then sank by 42.88% to $1.4 million in 2023, then changed by 0.0% to $1.4 million in 2024, then surged by 68.49% to $2.3 million in 2025.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $2.3 million, $1.4 million, and $1.4 million for Q2 2025, Q1 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (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 | 6.51 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 2.39 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 2.54 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 401.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 525.00 Mn |
| 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 | - |
| 10 | Ing Groep | - | - | - | - |
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 |