Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2013 - 2026)
Bank of N.T. Butterfield & Son's Interest Expense - Deposits came in at $40.72 million for the quarter ended Jun 30, 2026, down 17.2% from $49.17 million a year earlier but up 3.5% from the prior quarter.
Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bank of N.T. Butterfield & Son reported Interest Expense - Deposits of $170.88 million, down 19.5% year-over-year; for the year ended Dec 31, 2025, it was $189.13 million, down 16.7% from the prior year.
- Interest Expense - Deposits carries a five-year compound annual growth rate of 49.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Interest Expense - Deposits was $227 million in the year ended Dec 31, 2024 (+33.1%), $170.5 million in the year ended Dec 31, 2023 (+277.4%), $45.18 million in the year ended Dec 31, 2022 (+191.6%) and $15.49 million in the year ended Dec 31, 2021 (-38.3%).
- The five-year range for quarterly Interest Expense - Deposits is $3.92 million (the quarter ended Sep 30, 2021) to $59.66 million (the quarter ended Sep 30, 2024).
- Year-over-year, Interest Expense - Deposits has declined for six consecutive quarters, with an average decline of 8.5% over the last eight quarters.
- The fastest year-over-year change in Interest Expense - Deposits over five years came in the quarter ended Mar 31, 2023 (growth of 715.0%), and the weakest in the quarter ended Sep 30, 2025 (a decline of 21.8%).
- Business Quant data shows NTB's Interest Expense - Deposits at $39.33 million (quarter ended Mar 31, 2026), $44.14 million (quarter ended Dec 31, 2025) and $46.68 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Bank of N.T. Butterfield & Son | 2.31 Bn | -8.45 Bn | - | 40.72 Mn |
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 |
Bank of N.T. Butterfield & Son Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NTB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "NTB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=NTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();