Bank of N.T. Butterfield & Son (NTB) Operating Margin (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Operating Margin of 29.37% for 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.
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.
- In Q2 2026, Operating Margin fell 675.0% year-over-year to 29.37%; the TTM figure through Jun 2026 stood at 96.24% (up 2855.0% YoY), while the FY2025 annual figure was 38.1%, up 114.0% from the prior year.
- Operating Margin slipped to 29.37% in Q2 2026 per NTB's latest filing, from 40.28% in the prior quarter.
- Across five years, Operating Margin topped out at 162.45% in Q4 2023 and bottomed at 29.37% in Q2 2026.
- Historically, Operating Margin has averaged 70.6% across 5 years, with a median of 38.69% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin sank 960 bps — and 2025, when it soared 12142 bps.
- Bank of N.T. Butterfield & Son's Operating Margin stood at 155.82% in 2022, then gained by 4 bps to 162.45% in 2023, then dropped by 3 bps to 158.17% in 2024, then slipped by 1 bps to 157.29% in 2025, then slumped by 81 bps to 29.37% in 2026.
- Business Quant data shows NTB's Operating Margin at 29.37% in Q2 2026, 40.28% in Q1 2026, and 157.29% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 37.28% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | - |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | -22.25% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 42.53% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 5.83% |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of N.T. Butterfield & Son | 2.33 Bn | -311.86 Mn | 156.35 Mn | 29.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.37% |
| Mar 31, 2026 | 40.28% |
| Dec 31, 2025 | 157.29% |
| Sep 30, 2025 | 158.32% |
| Jun 30, 2025 | 36.12% |
| Mar 31, 2025 | 35.89% |
| Dec 31, 2024 | 158.17% |
| Sep 30, 2024 | 36.90% |
| Jun 30, 2024 | 35.00% |
| Mar 31, 2024 | 37.10% |
| Dec 31, 2023 | 162.45% |
| Sep 30, 2023 | 33.59% |
| Jun 30, 2023 | 41.24% |
| Mar 31, 2023 | 41.75% |
| Dec 31, 2022 | 155.82% |
| Sep 30, 2022 | 40.54% |
| Jun 30, 2022 | 36.48% |
| Mar 31, 2022 | 34.44% |
| Dec 31, 2021 | 165.42% |
| Sep 30, 2021 | 31.72% |