Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2015 - 2026)
Bank of N.T. Butterfield & Son's (NTB) quarterly Interest Expense - Deposits came in at $40.7 million in Q2 2026, down 17.18% year-over-year from $49.2 million in Q2 2025, and up 3.54% quarter-over-quarter from $39.3 million in Q1 2026.
Analysis
Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Interest Expense - Deposits for 12 consecutive years, with $40.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expense - Deposits fell 17.18% year-over-year to $40.7 million in Q2 2026; TTM through Jun 2026 was $170.9 million, a 19.54% decrease from a year earlier, with the FY2025 full-year figure at $189.1 million, down 16.68% from the prior year.
- Interest Expense - Deposits was $40.7 million for Q2 2026 at Bank of N.T. Butterfield & Son, up from $39.3 million in the prior quarter.
- Over five years, Interest Expense - Deposits peaked at $59.7 million in Q3 2024 and troughed at $4.3 million in Q1 2022.
- A 5-year average of $39.5 million and a median of $45.1 million in 2023 frame the typical range for Interest Expense - Deposits.
- Across the five-year window, Interest Expense - Deposits surged 715.03% in 2023 and fell 21.76% in 2025, its largest moves.
- Over 5 years, Interest Expense - Deposits stood at $24.5 million in 2022, then surged by 109.31% to $51.2 million in 2023, then climbed by 6.26% to $54.4 million in 2024, then fell by 18.85% to $44.1 million in 2025, then dropped by 7.74% to $40.7 million in 2026.
- The last three Interest Expense - Deposits figures came in at $40.7 million (Q2 2026), $39.3 million (Q1 2026), and $44.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 385.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | Bank of N.T. Butterfield & Son | 2.46 Bn | 152.72 Mn | 156.35 Mn | 40.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.72 Mn |
| Mar 31, 2026 | 39.33 Mn |
| Dec 31, 2025 | 44.14 Mn |
| Sep 30, 2025 | 46.68 Mn |
| Jun 30, 2025 | 49.17 Mn |
| Mar 31, 2025 | 49.14 Mn |
| Dec 31, 2024 | 54.39 Mn |
| Sep 30, 2024 | 59.66 Mn |
| Jun 30, 2024 | 58.74 Mn |
| Mar 31, 2024 | 54.21 Mn |
| Dec 31, 2023 | 51.19 Mn |
| Sep 30, 2023 | 46.13 Mn |
| Jun 30, 2023 | 38.49 Mn |
| Mar 31, 2023 | 34.70 Mn |
| Dec 31, 2022 | 24.46 Mn |
| Sep 30, 2022 | 11.10 Mn |
| Jun 30, 2022 | 5.37 Mn |
| Mar 31, 2022 | 4.26 Mn |
| Dec 31, 2021 | 4.04 Mn |
| Sep 30, 2021 | 3.92 Mn |