Bank of N.T. Butterfield & Son (NTB) Interest Expense - Debt (2015 - 2025)
Bank of N.T. Butterfield & Son's (NTB) quarterly Interest Expense - Debt came in at $2.3 million in 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.
Analysis
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.
- On a quarterly basis, Interest Expense - Debt rose 68.37% year-over-year to $2.3 million in Q2 2025; TTM through Dec 2025 was $3.7 million, a 32.89% decrease from a year earlier, with the FY2025 full-year figure at $3.7 million, down 32.89% from the prior year.
- Interest Expense - Debt was $2.3 million for Q2 2025 at Bank of N.T. Butterfield & Son, up from $1.4 million in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $2.9 million in Q2 2023 and troughed at $1.4 million in Q3 2023.
- A 5-year average of $2.0 million and a median of $2.4 million in 2021 frame the typical range for Interest Expense - Debt.
- Across the five-year window, Interest Expense - Debt slumped 53.48% in 2024 and surged 68.37% in 2025, its largest moves.
- Over 5 years, 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 jumped by 68.49% to $2.3 million in 2025.
- The last three Interest Expense - Debt figures came in at $2.3 million (Q2 2025), $1.4 million (Q1 2025), and $1.4 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 52.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 155.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 314.00 Mn |
| 10 | Bank of N.T. Butterfield & Son | 2.46 Bn | 152.72 Mn | 156.35 Mn | - |
Historic Data
Download Data
Historic 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 |