Bank of N.T. Butterfield & Son (NTB) Rent Expense (2015 - 2026)

Bank of N.T. Butterfield & Son has disclosed Rent Expense across 12 years of filings, most recently posting $7.7 million for Q1 2026.

• In Q1 2026, Rent Expense fell 12.05% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $33.1 million (down 2.92% YoY), while the FY2025 annual figure was $34.1 million, changed 0.16% from the prior year.
• Rent Expense retreated to $7.7 million in Q1 2026, from $8.4 million in the prior quarter.
• Over the last five years, Rent Expense for NTB reached as high as $8.8 million in Q2 2025 and fell as low as $7.4 million in Q1 2023.
• The 5-year median for Rent Expense is $8.2 million (2025), against an average of $8.2 million.
• Annual changes were most pronounced in 2024 — Rent Expense increased 17.31% — and 2026, when it decreased 12.05%.
• A 5-year view of Rent Expense shows it stood at $8.0 million in 2022, then increased by 8.27% to $8.7 million in 2023, then slipped by 1.35% to $8.6 million in 2024, then slipped by 1.71% to $8.4 million in 2025, then slipped by 8.99% to $7.7 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $7.7 million, $8.4 million, and $8.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.