Bank of N.T. Butterfield & Son (NTB) Rent Expense (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Rent Expense of $8.0 million for Q2 2026, down 8.82% year-over-year from $8.8 million in Q2 2025, and up 4.45% quarter-over-quarter from $7.7 million in Q1 2026.
Bank of N.T. Butterfield & Son (NTB) Rent Expense (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Rent Expense for 12 consecutive years, with $8.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Rent Expense fell 8.82% year-over-year to $8.0 million; the TTM figure through Jun 2026 stood at $32.3 million (down 6.71% YoY), while the FY2025 annual figure was $34.1 million, changed 0.16% from the prior year.
- Rent Expense advanced to $8.0 million in Q2 2026 per NTB's latest filing, from $7.7 million in the prior quarter.
- Across five years, Rent Expense topped out at $8.8 million in Q2 2025 and bottomed at $7.4 million in Q1 2023.
- Historically, Rent Expense has averaged $8.2 million across 5 years, with a median of $8.1 million in 2022.
- Annual changes were most pronounced in 2024 — Rent Expense increased 17.31% — and 2026, when it decreased 12.05%.
- Bank of N.T. Butterfield & Son's Rent Expense stood at $8.0 million in 2022, then rose by 8.27% to $8.7 million in 2023, then dropped by 1.35% to $8.6 million in 2024, then dropped by 1.71% to $8.4 million in 2025, then fell by 4.95% to $8.0 million in 2026.
- Business Quant data shows NTB's Rent Expense at $8.0 million in Q2 2026, $7.7 million in Q1 2026, and $8.4 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 803.00 Mn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 385.91 Mn |
| 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 | 8.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.01 Mn |
| Jun 30, 2026 | 8.01 Mn |
| Mar 31, 2026 | 7.67 Mn |
| Mar 31, 2026 | 7.67 Mn |
| Dec 31, 2025 | 8.43 Mn |
| Dec 31, 2025 | 8.43 Mn |
| Sep 30, 2025 | 8.20 Mn |
| Sep 30, 2025 | 8.20 Mn |
| Jun 30, 2025 | 8.79 Mn |
| Jun 30, 2025 | 8.79 Mn |
| Mar 31, 2025 | 8.72 Mn |
| Mar 31, 2025 | 8.72 Mn |
| Dec 31, 2024 | 8.58 Mn |
| Dec 31, 2024 | 8.58 Mn |
| Sep 30, 2024 | 8.55 Mn |
| Sep 30, 2024 | 8.55 Mn |
| Jun 30, 2024 | 8.23 Mn |
| Jun 30, 2024 | 8.23 Mn |
| Mar 31, 2024 | 8.72 Mn |
| Mar 31, 2024 | 8.72 Mn |