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

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.

• In Q2 2026, Interest Expense - Deposits fell 17.18% year-over-year to $40.7 million; the TTM figure through Jun 2026 stood at $170.9 million (down 19.54% YoY), while the FY2025 annual figure was $189.1 million, down 16.68% from the prior year.
• Interest Expense - Deposits grew to $40.7 million in Q2 2026 per NTB's latest filing, from $39.3 million in the prior quarter.
• Across five years, Interest Expense - Deposits topped out at $59.7 million in Q3 2024 and bottomed at $4.3 million in Q1 2022.
• Historically, Interest Expense - Deposits has averaged $39.5 million across 5 years, with a median of $45.1 million in 2023.
• Annual changes were most pronounced in 2023 — Interest Expense - Deposits soared 715.03% — and 2025, when it retreated 21.76%.
• Bank of N.T. Butterfield & Son's Interest Expense - Deposits stood at $24.5 million in 2022, then jumped by 109.31% to $51.2 million in 2023, then increased by 6.26% to $54.4 million in 2024, then decreased by 18.85% to $44.1 million in 2025, then fell by 7.74% to $40.7 million in 2026.
• Business Quant data shows NTB's Interest Expense - Deposits at $40.7 million in Q2 2026, $39.3 million in Q1 2026, and $44.1 million in Q4 2025.