Bank of N.T. Butterfield & Son (NTB) Net Margin (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) reported Net Margin of 42.29% for Q1 2026, up 441.0% year-over-year from 7.82% in Q1 2025, and down 1.35% quarter-over-quarter from 42.87% in Q4 2025.
Bank of N.T. Butterfield & Son (NTB) Net Margin (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has 12 years of Net Margin data on file, last reported at 42.29% in Q1 2026.
- Net Margin for Q1 2026 came in at 42.29%, up 441.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.29% (up 261.0% YoY), and the FY2025 annual result was 38.22%, up 92.0% from the prior year.
- Net Margin retreated to 42.29% in Q1 2026 per NTB's latest filing, from 42.87% in the prior quarter.
- Over five years, Net Margin peaked at 43.43% in Q4 2022 and troughed at 34.95% in Q3 2023.
- A 5-year average of 39.73% and a median of 38.67% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 920 bps in 2022, then slumped 762 bps in 2023.
- A 5-year view of Net Margin shows it stood at 43.43% in 2022, then decreased by 18 bps to 35.82% in 2023, then increased by 15 bps to 41.27% in 2024, then advanced by 4 bps to 42.87% in 2025, then slipped by 1 bps to 42.29% in 2026.
- Business Quant data shows NTB's Net Margin at 42.29% in Q1 2026, 42.87% in Q4 2025, and 41.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 29.27% |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 37.25% |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.42% |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 25.63% |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 25.35% |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 26.94% |
| 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 | - | 23.31% |
| 10 | Bank of N.T. Butterfield & Son | 90.92 | -2.85 Bn | 152.73 Mn | 42.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.29% |
| Dec 31, 2025 | 42.87% |
| Sep 30, 2025 | 41.68% |
| Jun 30, 2025 | 38.10% |
| Mar 31, 2025 | 37.88% |
| Dec 31, 2024 | 41.27% |
| Sep 30, 2024 | 38.67% |
| Jun 30, 2024 | 36.77% |
| Mar 31, 2024 | 38.61% |
| Dec 31, 2023 | 35.82% |
| Sep 30, 2023 | 34.95% |
| Jun 30, 2023 | 42.76% |
| Mar 31, 2023 | 43.23% |
| Dec 31, 2022 | 43.43% |
| Sep 30, 2022 | 42.24% |
| Jun 30, 2022 | 38.48% |
| Mar 31, 2022 | 36.37% |
| Dec 31, 2021 | 34.23% |
| Sep 30, 2021 | 33.07% |
| Jun 30, 2021 | 32.97% |