Bank of N.T. Butterfield & Son (NTB) Operating Expenses (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) reported Operating Expenses of $90.5 million for Q1 2026, down 2.91% year-over-year from $93.2 million in Q1 2025, and up 197.22% quarter-over-quarter from -$93.1 million in Q4 2025.
Bank of N.T. Butterfield & Son (NTB) Operating Expenses (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has 12 years of Operating Expenses data on file, last reported at $90.5 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $90.5 million, down 2.91% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.6 million (down 100.9% YoY), and the FY2025 annual result was $368.8 million, up 2.71% from the prior year.
- Operating Expenses rose to $90.5 million in Q1 2026 per NTB's latest filing, from -$93.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $93.2 million in Q1 2025 and troughed at -$93.1 million in Q4 2025.
- A 5-year average of $35.3 million and a median of $83.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses increased 12.85% in 2023, then slumped 202.29% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$84.7 million in 2022, then declined by 8.85% to -$92.2 million in 2023, then grew by 1.74% to -$90.6 million in 2024, then decreased by 2.76% to -$93.1 million in 2025, then surged by 197.22% to $90.5 million in 2026.
- Business Quant data shows NTB's Operating Expenses at $90.5 million in Q1 2026, -$93.1 million in Q4 2025, and -$90.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 3.06 Bn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 609.00 Mn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 6.82 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 6.11 Bn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 4.15 Bn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 18.53 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -6.13 Bn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | -12.60 Bn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 14.33 Bn |
| 10 | Bank of N.T. Butterfield & Son | 90.92 | -2.85 Bn | 152.73 Mn | 90.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 90.51 Mn |
| Dec 31, 2025 | -93.10 Mn |
| Sep 30, 2025 | -90.80 Mn |
| Jun 30, 2025 | 91.75 Mn |
| Mar 31, 2025 | 93.22 Mn |
| Dec 31, 2024 | -90.60 Mn |
| Sep 30, 2024 | 88.77 Mn |
| Jun 30, 2024 | 91.14 Mn |
| Mar 31, 2024 | 88.53 Mn |
| Dec 31, 2023 | -92.20 Mn |
| Sep 30, 2023 | 92.53 Mn |
| Jun 30, 2023 | 83.55 Mn |
| Mar 31, 2023 | 84.11 Mn |
| Dec 31, 2022 | -84.70 Mn |
| Sep 30, 2022 | 81.99 Mn |
| Jun 30, 2022 | 82.98 Mn |
| Mar 31, 2022 | 81.96 Mn |
| Dec 31, 2021 | -83.80 Mn |
| Sep 30, 2021 | 84.41 Mn |
| Jun 30, 2021 | 84.76 Mn |