Bank of N.T. Butterfield & Son NTB
NYSE NTB
$59.72 -1.49 (-2.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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