Bank of N.T. Butterfield & Son (NTB) Interest Expenses (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) reported Interest Expenses of $39.4 million for Q1 2026, down 22.27% year-over-year from $50.7 million in Q1 2025, and down 10.78% quarter-over-quarter 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 (NTB) has 12 years of Interest Expenses data on file, last reported at $39.4 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $39.4 million, down 22.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $181.7 million (down 20.83% YoY), and the FY2025 annual result was $193.0 million, down 17.69% from the prior year.
- Interest Expenses slipped to $39.4 million in Q1 2026 per NTB's latest filing, from $44.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $61.9 million in Q3 2024 and troughed at $6.7 million in Q1 2022.
- A 5-year average of $41.2 million and a median of $46.7 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 457.31% in 2023, then retreated 24.61% in 2025.
- 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.
- Business Quant data shows NTB's Interest Expenses at $39.4 million in Q1 2026, $44.2 million in Q4 2025, and $46.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 5.18 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 | - | 12.62 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 8.11 Bn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 6.86 Bn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 17.61 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 | - | 10.35 Bn |
| 10 | Bank of N.T. Butterfield & Son | 90.92 | -2.85 Bn | 152.73 Mn | 39.40 Mn |
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 |