Bank of N.T. Butterfield & Son (NTB) Interest Expenses (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Expenses of $39.4 million for Q1 2026, down 22.27% YoY from $50.7 million in Q1 2025, and down 10.78% sequentially from $44.2 million in Q4 2025.
Bank of N.T. Butterfield & Son (NTB) Interest Expenses (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son has disclosed Interest Expenses across 12 years of filings, most recently posting $39.4 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 22.27% year-over-year to $39.4 million; the TTM figure through Mar 2026 stood at $181.7 million (down 20.83% YoY), while the FY2025 annual figure was $193.0 million, down 17.69% from the prior year.
- Interest Expenses declined to $39.4 million in Q1 2026, from $44.2 million in the prior quarter.
- Over the last five years, Interest Expenses for NTB reached as high as $61.9 million in Q3 2024 and fell as low as $6.7 million in Q1 2022.
- The 5-year median for Interest Expenses is $46.7 million (2025), against an average of $41.2 million.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 457.31% — and 2025, when it retreated 24.61%.
- A 5-year view of Interest Expenses shows it stood at $26.9 million in 2022, then jumped by 95.79% to $52.6 million in 2023, then climbed by 7.96% to $56.8 million in 2024, then declined by 22.29% to $44.2 million in 2025, then fell by 10.78% to $39.4 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $39.4 million, $44.2 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 (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 | 17.61 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 10.35 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 20.98 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 4.45 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 23.83 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 | 39.40 Mn |
| 10 | Ing Groep | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.40 Mn |
| Mar 31, 2026 | 39.40 Mn |
| Dec 31, 2025 | 44.15 Mn |
| Dec 31, 2025 | 44.15 Mn |
| Sep 30, 2025 | 46.68 Mn |
| Sep 30, 2025 | 46.68 Mn |
| Jun 30, 2025 | 51.51 Mn |
| Jun 30, 2025 | 51.51 Mn |
| Mar 31, 2025 | 50.69 Mn |
| Mar 31, 2025 | 50.69 Mn |
| Dec 31, 2024 | 56.81 Mn |
| Dec 31, 2024 | 56.81 Mn |
| Sep 30, 2024 | 61.92 Mn |
| Sep 30, 2024 | 61.92 Mn |
| Jun 30, 2024 | 60.15 Mn |
| Jun 30, 2024 | 60.15 Mn |
| Mar 31, 2024 | 55.63 Mn |
| Mar 31, 2024 | 55.63 Mn |
| Dec 31, 2023 | 52.63 Mn |
| Dec 31, 2023 | 52.63 Mn |