Bank of N.T. Butterfield & Son (NTB) Interest Expense - Fed Funds (2016 - 2024)

Bank of N.T. Butterfield & Son (NTB) reported Interest Expense - Fed Funds of $1.1 million for Q4 2024, up 1492.42% year-over-year from $66000.0 in Q1 2024, and down 98.72% quarter-over-quarter from $81.9 million in Q3 2024.

Bank of N.T. Butterfield & Son (NTB) Interest Expense - Fed Funds (2016 - 2024) Analysis & Trends

Bank of N.T. Butterfield & Son (NTB) has 6 years of Interest Expense - Fed Funds data on file, last reported at $1.1 million in Q4 2024.

  • Interest Expense - Fed Funds for Q4 2024 came in at $1.1 million, up 1492.42% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.2 million (up 1508.0% YoY), and the FY2025 annual result was $220000.0, down 99.76% from the prior year.
  • Interest Expense - Fed Funds eased to $1.1 million in Q4 2024 per NTB's latest filing, from $81.9 million in the prior quarter.
  • Over five years, Interest Expense - Fed Funds peaked at $81.9 million in Q3 2024 and troughed at $4000.0 in Q1 2023.
  • A 3-year average of $10.7 million and a median of $60000.0 in 2023 frame the typical range for Interest Expense - Fed Funds.
  • The sharpest annual moves came in 2023 and 2024: Interest Expense - Fed Funds sank 97.0% in 2023, then surged 1492.42% in 2024.
  • A 3-year view of Interest Expense - Fed Funds shows it stood at $2.2 million in 2022, then slumped by 97.0% to $66000.0 in 2023, then surged by 1492.42% to $1.1 million in 2024.
  • Business Quant data shows NTB's Interest Expense - Fed Funds at $1.1 million in Q4 2024, $81.9 million in Q3 2024, and $35000.0 in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn -
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn -
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn -
5 Bank Of Montreal 416.15 Bn 416.15 Bn -
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn
7 Barclays 379.37 Bn -269.24 Bn -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn -
10 Bank of N.T. Butterfield & Son 90.92 -2.85 Bn 152.73 Mn

Historic Data

Download Data
DateValue
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 9,000.00
Sep 30, 2016 6,000.00
Jun 30, 2016 43,000.00
Mar 31, 2016 69,000.00