Bank of N.T. Butterfield & Son (NTB) Interest Expense - Debt (2015 - 2025)
Bank of N.T. Butterfield & Son (NTB) reported 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 11 years of Interest Expense - Debt data on file, last reported at $2.3 million in Q2 2025.
- Interest Expense - Debt for Q2 2025 came in at $2.3 million, up 68.37% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.7 million (down 32.89% YoY), and the FY2025 annual result was $3.7 million, down 96.28% from the prior year.
- Interest Expense - Debt grew to $2.3 million in Q2 2025 per NTB's latest filing, from $1.4 million in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $172.4 million in Q1 2023 and troughed at $1.4 million in Q4 2023.
- A 5-year average of $78.6 million and a median of $50.4 million in 2021 frame the typical range for Interest Expense - Debt.
- The sharpest annual moves came in 2024 and 2025: Interest Expense - Debt slumped 99.2% in 2024, then soared 68.37% in 2025.
- 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 tumbled 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | - |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 107.36 Mn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | - |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 6.51 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 59.68 Bn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 2.39 Bn |
| 10 | Bank of N.T. Butterfield & Son | 90.92 | -2.85 Bn | 152.73 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 | 98.40 Mn |
| Jun 30, 2023 | 98.40 Mn |
| Mar 31, 2023 | 172.39 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 172.10 Mn |
| Jun 30, 2022 | 172.10 Mn |
| Mar 31, 2022 | 171.98 Mn |
| Dec 31, 2021 | 2.40 Mn |
| Sep 30, 2021 | 171.70 Mn |
| Jun 30, 2021 | 171.70 Mn |
| Mar 31, 2021 | 171.57 Mn |
| Dec 31, 2020 | 2.62 Mn |
| Sep 30, 2020 | 196.40 Mn |