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| Date | Value |
|---|---|
| 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 |