Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2015 - 2026)

Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Expense - Deposits of $39.3 million for Q1 2026, down 19.96% YoY from $49.1 million in Q1 2025, and down 10.9% sequentially from $44.1 million in Q4 2025.

Bank of N.T. Butterfield & Son (NTB) Interest Expense - Deposits (2015 - 2026) Analysis & Trends

Bank of N.T. Butterfield & Son has disclosed Interest Expense - Deposits across 12 years of filings, most recently posting $39.3 million for Q1 2026.

  • In Q1 2026, Interest Expense - Deposits fell 19.96% year-over-year to $39.3 million; the TTM figure through Mar 2026 stood at $179.3 million (down 19.2% YoY), while the FY2025 annual figure was $189.1 million, down 16.68% from the prior year.
  • Interest Expense - Deposits slipped to $39.3 million in Q1 2026, from $44.1 million in the prior quarter.
  • Over the last five years, Interest Expense - Deposits for NTB reached as high as $59.7 million in Q3 2024 and fell as low as $4.3 million in Q1 2022.
  • The 5-year median for Interest Expense - Deposits is $46.1 million (2023), against an average of $39.5 million.
  • Annual changes were most pronounced in 2023 — Interest Expense - Deposits soared 715.03% — and 2025, when it retreated 21.76%.
  • A 5-year view of Interest Expense - Deposits shows it stood at $24.5 million in 2022, then soared by 109.31% to $51.2 million in 2023, then grew by 6.26% to $54.4 million in 2024, then retreated by 18.85% to $44.1 million in 2025, then retreated by 10.9% to $39.3 million in 2026.
  • According to Business Quant data, Interest Expense - Deposits over the past three periods registered $39.3 million, $44.1 million, and $46.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (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 7.30 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 4.97 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 8.68 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 1.55 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 10.28 Bn
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 39.33 Mn
10 Ing Groep - - - -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 3.60 Mn