Bank of N.T. Butterfield & Son (NTB) Operating Margin (2015 - 2026)
Bank of N.T. Butterfield & Son's (NTB) quarterly Operating Margin came in at 29.37% in Q2 2026, down 675.0% year-over-year from 5.11% in Q2 2025, and down 27.08% quarter-over-quarter from 40.28% in Q1 2026.
Analysis
Bank of N.T. Butterfield & Son (NTB) Operating Margin (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Operating Margin for 12 consecutive years, with 29.37% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 675.0% year-over-year to 29.37% in Q2 2026; TTM through Jun 2026 was 51.53%, a 2952.0% increase from a year earlier, with the FY2025 full-year figure at 38.1%, up 114.0% from the prior year.
- Operating Margin was 29.37% for Q2 2026 at Bank of N.T. Butterfield & Son, down from 40.28% in the prior quarter.
- Over five years, Operating Margin peaked at 158.32% in Q3 2025 and troughed at 25.83% in Q4 2023.
- A 5-year average of 30.95% and a median of 36.0% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 939 bps in 2023 and surged 12142 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 16.44% in 2022, then tumbled by 57 bps to 25.83% in 2023, then gained by 26 bps to 19.2% in 2024, then gained by 4 bps to 18.41% in 2025, then soared by 260 bps to 29.37% in 2026.
- The last three Operating Margin figures came in at 29.37% (Q2 2026), 40.28% (Q1 2026), and 18.41% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 946.00 Bn | 946.00 Bn | - | - |
| 2 | Truist Financial | 61.06 Bn | 61.06 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.12 Bn | 25.40 Bn | - | - |
| 4 | M&T Bank | 34.45 Bn | 34.45 Bn | - | - |
| 5 | Huntington Bancshares | 33.24 Bn | 28.71 Bn | - | - |
| 6 | Citizens Financial | 29.07 Bn | 29.07 Bn | - | - |
| 7 | Regions Financial | 25.28 Bn | 25.28 Bn | - | - |
| 8 | First Citizens Bancshares | 24.49 Bn | 23.97 Bn | 29.00 Mn | -2,056.76% |
| 9 | Keycorp | 23.08 Bn | -24.62 Bn | - | - |
| 10 | Bank of N.T. Butterfield & Son | 2.49 Bn | 183.42 Mn | 156.35 Mn | 29.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.37% |
| Mar 31, 2026 | 40.28% |
| Dec 31, 2025 | -18.41% |
| Sep 30, 2025 | 158.32% |
| Jun 30, 2025 | 36.12% |
| Mar 31, 2025 | 35.89% |
| Dec 31, 2024 | -19.20% |
| Sep 30, 2024 | 36.90% |
| Jun 30, 2024 | 35.00% |
| Mar 31, 2024 | 37.10% |
| Dec 31, 2023 | -25.83% |
| Sep 30, 2023 | 33.59% |
| Jun 30, 2023 | 41.24% |
| Mar 31, 2023 | 41.75% |
| Dec 31, 2022 | -16.44% |
| Sep 30, 2022 | 40.54% |
| Jun 30, 2022 | 36.48% |
| Mar 31, 2022 | 34.44% |
| Dec 31, 2021 | -35.07% |
| Sep 30, 2021 | 31.72% |