Bank of N.T. Butterfield & Son (NTB) Interest Expense - Fed Funds (2016 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Expense - Fed Funds of $243000.0 for Q2 2026, up 800.0% year-over-year from $27000.0 in Q2 2025, and up 273.85% quarter-over-quarter from $65000.0 in Q1 2026.
Bank of N.T. Butterfield & Son (NTB) Interest Expense - Fed Funds (2016 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Interest Expense - Fed Funds for 8 consecutive years, with $243000.0 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expense - Fed Funds rose 800.0% year-over-year to $243000.0; the TTM figure through Jun 2026 stood at $323000.0 (down 74.98% YoY), while the FY2025 annual figure was $220000.0, down 99.76% from the prior year.
- Interest Expense - Fed Funds grew to $243000.0 in Q2 2026 per NTB's latest filing, from $65000.0 in the prior quarter.
- Across five years, Interest Expense - Fed Funds topped out at $81.9 million in Q3 2024 and bottomed at $2000.0 in Q3 2025.
- Historically, Interest Expense - Fed Funds has averaged $6.1 million across 5 years, with a median of $59500.0 in 2024.
- Annual changes were most pronounced in 2024 — Interest Expense - Fed Funds surged 1492.42% — and 2025, when it plunged 100.0%.
- Bank of N.T. Butterfield & Son's Interest Expense - Fed Funds stood at $2.2 million in 2022, then tumbled by 97.0% to $66000.0 in 2023, then soared by 1492.42% to $1.1 million in 2024, then tumbled by 98.76% to $13000.0 in 2025, then jumped by 1769.23% to $243000.0 in 2026.
- Business Quant data shows NTB's Interest Expense - Fed Funds at $243000.0 in Q2 2026, $65000.0 in Q1 2026, and $13000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - |
| 10 | Bank of N.T. Butterfield & Son | 2.32 Bn | -323.74 Mn | 156.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 243,000.00 |
| Mar 31, 2026 | 65,000.00 |
| Dec 31, 2025 | 13,000.00 |
| Sep 30, 2025 | 2,000.00 |
| Jun 30, 2025 | 27,000.00 |
| Mar 31, 2025 | 178,000.00 |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | 81.90 Mn |
| Jun 30, 2024 | 35,000.00 |
| Mar 31, 2024 | 54,000.00 |
| Dec 31, 2023 | 66,000.00 |
| Jun 30, 2023 | 5,000.00 |
| Mar 31, 2023 | 4,000.00 |
| Dec 31, 2022 | 2.20 Mn |
| Dec 31, 2019 | 2.60 Mn |
| Dec 31, 2018 | 15,000.00 |
| Jun 30, 2018 | 9,000.00 |
| Mar 31, 2018 | 1.80 Mn |
| Sep 30, 2016 | 6,000.00 |
| Jun 30, 2016 | 43,000.00 |