Bank of N.T. Butterfield & Son (NTB) Operating Expenses (2015 - 2026)

Bank of N.T. Butterfield & Son (NTB) posted quarterly Operating Expenses of $90.5 million for Q1 2026, down 2.91% YoY from $93.2 million in Q1 2025, and up 197.22% sequentially 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 has disclosed Operating Expenses across 12 years of filings, most recently posting $90.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 2.91% year-over-year to $90.5 million; the TTM figure through Mar 2026 stood at -$1.6 million (down 100.9% YoY), while the FY2025 annual figure was $368.8 million, up 2.71% from the prior year.
  • Operating Expenses advanced to $90.5 million in Q1 2026, from -$93.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for NTB reached as high as $93.2 million in Q1 2025 and fell as low as -$93.1 million in Q4 2025.
  • The 5-year median for Operating Expenses is $83.5 million (2023), against an average of $35.3 million.
  • Annual changes were most pronounced in 2023 — Operating Expenses increased 12.85% — and 2025, when it plunged 202.29%.
  • 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered $90.5 million, -$93.1 million, and -$90.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - 609.00 Mn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 18.53 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 14.33 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 13.84 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 3.40 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 26.85 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -19.18 Bn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 90.51 Mn
10 Ing Groep - - - -

Historic Data

Download Data
DateValue
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