Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026)
Bank of N.T. Butterfield & Son's (NTB) quarterly Research & Development came in at $16.2 million in Q2 2026, little changed year-over-year from $16.3 million in Q2 2025, and up 5.23% quarter-over-quarter from $15.4 million in Q1 2026.
Analysis
Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026) Analysis & Trends
Bank of N.T. Butterfield & Son (NTB) has reported Research & Development for 12 consecutive years, with $16.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development changed 0.44% year-over-year to $16.2 million in Q2 2026; TTM through Jun 2026 was $82.6 million, a 0.24% change from a year earlier, with the FY2025 full-year figure at $65.0 million, down 1.6% from the prior year.
- Research & Development was $16.2 million for Q2 2026 at Bank of N.T. Butterfield & Son, up from $15.4 million in the prior quarter.
- Over five years, Research & Development peaked at $35.0 million in Q4 2025 and troughed at $13.9 million in Q1 2023.
- A 5-year average of $19.3 million and a median of $16.1 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development fell 17.17% in 2022 and rose 15.78% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $29.6 million in 2022, then rose by 9.1% to $32.2 million in 2023, then rose by 5.68% to $34.1 million in 2024, then advanced by 2.61% to $35.0 million in 2025, then slumped by 53.6% to $16.2 million in 2026.
- The last three Research & Development figures came in at $16.2 million (Q2 2026), $15.4 million (Q1 2026), and $35.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Bank of N.T. Butterfield & Son | 2.46 Bn | 152.72 Mn | 156.35 Mn | 16.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.22 Mn |
| Mar 31, 2026 | 15.42 Mn |
| Dec 31, 2025 | 34.96 Mn |
| Sep 30, 2025 | 16.04 Mn |
| Jun 30, 2025 | 16.29 Mn |
| Mar 31, 2025 | 16.01 Mn |
| Dec 31, 2024 | 34.07 Mn |
| Sep 30, 2024 | 16.47 Mn |
| Jun 30, 2024 | 16.86 Mn |
| Mar 31, 2024 | 16.13 Mn |
| Dec 31, 2023 | 32.24 Mn |
| Sep 30, 2023 | 15.96 Mn |
| Jun 30, 2023 | 14.90 Mn |
| Mar 31, 2023 | 13.93 Mn |
| Dec 31, 2022 | 29.55 Mn |
| Sep 30, 2022 | 14.30 Mn |
| Jun 30, 2022 | 14.01 Mn |
| Mar 31, 2022 | 14.10 Mn |
| Dec 31, 2021 | 35.68 Mn |
| Sep 30, 2021 | 16.34 Mn |