Bank of N.T. Butterfield & Son (NTB) Interest Expenses (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Interest Expenses of $41.0 million for Q2 2026, down 20.46% year-over-year from $51.5 million in Q2 2025, and up 3.99% quarter-over-quarter from $39.4 million in Q1 2026.
Bank of N.T. Butterfield & Son (NTB) Interest Expenses (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Interest Expenses for 12 consecutive years, with $41.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 20.46% year-over-year to $41.0 million; the TTM figure through Jun 2026 stood at $181.3 million (down 17.92% YoY), while the FY2025 annual figure was $203.2 million, down 13.74% from the prior year.
- Interest Expenses rose to $41.0 million in Q2 2026 per NTB's latest filing, from $39.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at $61.9 million in Q3 2024 and bottomed at $6.7 million in Q1 2022.
- Historically, Interest Expenses has averaged $40.8 million across 5 years, with a median of $44.1 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 457.31% — and 2025, when it retreated 24.61%.
- Bank of N.T. Butterfield & Son's Interest Expenses stood at $26.9 million in 2022, then jumped by 35.24% to $36.3 million in 2023, then jumped by 56.3% to $56.8 million in 2024, then dropped by 4.45% to $54.3 million in 2025, then fell by 24.53% to $41.0 million in 2026.
- Business Quant data shows NTB's Interest Expenses at $41.0 million in Q2 2026, $39.4 million in Q1 2026, and $54.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 12.62 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 10.97 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 20.54 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -34.43 Bn |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 8.11 Bn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of N.T. Butterfield & Son | 2.33 Bn | -311.86 Mn | 156.35 Mn | 40.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.97 Mn |
| Jun 30, 2026 | 40.97 Mn |
| Mar 31, 2026 | 39.40 Mn |
| Mar 31, 2026 | 39.40 Mn |
| Dec 31, 2025 | 54.29 Mn |
| Dec 31, 2025 | 54.29 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 |