Bank of N.T. Butterfield & Son NTB
NYSE NTB
$59.72 -1.49 (-2.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Bank of N.T. Butterfield & Son's (NTB) quarterly Operating Expenses came in at $109.8 million in Q2 2026, up 19.72% year-over-year from $91.8 million in Q2 2025, and up 21.36% quarter-over-quarter from $90.5 million in Q1 2026.

Analysis

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

Bank of N.T. Butterfield & Son (NTB) has reported Operating Expenses for 12 consecutive years, with $109.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 19.72% year-over-year to $109.8 million in Q2 2026; TTM through Jun 2026 was $294.3 million, a 34.73% decrease from a year earlier, with the FY2025 full-year figure at $368.8 million, up 2.71% from the prior year.
  • Operating Expenses was $109.8 million for Q2 2026 at Bank of N.T. Butterfield & Son, up from $90.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $184.8 million in Q4 2025 and troughed at -$90.8 million in Q3 2025.
  • A 5-year average of $98.9 million and a median of $90.8 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 202.29% in 2025 and increased 19.72% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $169.3 million in 2022, then rose by 5.82% to $179.1 million in 2023, then dropped by 1.07% to $177.2 million in 2024, then climbed by 4.26% to $184.8 million in 2025, then tumbled by 40.55% to $109.8 million in 2026.
  • The last three Operating Expenses figures came in at $109.8 million (Q2 2026), $90.5 million (Q1 2026), and $184.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 448.38 Bn 568.32 Bn - -259.95 Bn
2 Truist Financial 63.10 Bn 63.10 Bn - 3.06 Bn
3 Fifth Third Bancorp 49.74 Bn 26.02 Bn - 2.11 Bn
4 M&T Bank 34.66 Bn 34.66 Bn - 1.35 Bn
5 Huntington Bancshares 34.41 Bn 29.92 Bn - 1.81 Bn
6 Citizens Financial 29.91 Bn 29.91 Bn - 1.39 Bn
7 Regions Financial 25.92 Bn 25.99 Bn - 1.12 Bn
8 Keycorp 23.68 Bn -24.02 Bn - 1.22 Bn
9 First Citizens Bancshares 22.94 Bn 22.41 Bn 29.00 Mn 1.55 Bn
10 Bank of N.T. Butterfield & Son 2.46 Bn 152.72 Mn 156.35 Mn 109.84 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 109.84 Mn
Mar 31, 2026 90.51 Mn
Dec 31, 2025 184.77 Mn
Sep 30, 2025 -90.80 Mn
Jun 30, 2025 91.75 Mn
Mar 31, 2025 93.22 Mn
Dec 31, 2024 177.21 Mn
Sep 30, 2024 88.77 Mn
Jun 30, 2024 91.14 Mn
Mar 31, 2024 88.53 Mn
Dec 31, 2023 179.14 Mn
Sep 30, 2023 92.53 Mn
Jun 30, 2023 83.55 Mn
Mar 31, 2023 84.11 Mn
Dec 31, 2022 169.29 Mn
Sep 30, 2022 81.99 Mn
Jun 30, 2022 82.98 Mn
Mar 31, 2022 81.96 Mn
Dec 31, 2021 167.96 Mn
Sep 30, 2021 84.41 Mn