Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Research & Development of $16.2 million for 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.
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.
- In Q2 2026, Research & Development changed 0.44% year-over-year to $16.2 million; the TTM figure through Jun 2026 stood at $64.3 million (down 1.59% YoY), while the FY2025 annual figure was $65.0 million, down 1.6% from the prior year.
- Research & Development climbed to $16.2 million in Q2 2026 per NTB's latest filing, from $15.4 million in the prior quarter.
- Across five years, Research & Development topped out at $17.2 million in Q4 2023 and bottomed at $13.9 million in Q1 2023.
- Historically, Research & Development has averaged $15.6 million across 5 years, with a median of $16.0 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development declined 12.49% — and 2023, when it grew 20.02%.
- Bank of N.T. Butterfield & Son's Research & Development stood at $14.3 million in 2022, then climbed by 20.02% to $17.2 million in 2023, then slipped by 3.45% to $16.6 million in 2024, then rose by 0.31% to $16.7 million in 2025, then dropped by 2.6% to $16.2 million in 2026.
- Business Quant data shows NTB's Research & Development at $16.2 million in Q2 2026, $15.4 million in Q1 2026, and $16.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 255.80 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | - |
| 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 | 2.27 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | - |
| 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 | 16.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.22 Mn |
| Mar 31, 2026 | 15.42 Mn |
| Dec 31, 2025 | 16.66 Mn |
| Sep 30, 2025 | 16.04 Mn |
| Jun 30, 2025 | 16.29 Mn |
| Mar 31, 2025 | 16.01 Mn |
| Dec 31, 2024 | 16.60 Mn |
| Sep 30, 2024 | 16.47 Mn |
| Jun 30, 2024 | 16.86 Mn |
| Mar 31, 2024 | 16.13 Mn |
| Dec 31, 2023 | 17.20 Mn |
| Sep 30, 2023 | 15.96 Mn |
| Jun 30, 2023 | 14.90 Mn |
| Mar 31, 2023 | 13.93 Mn |
| Dec 31, 2022 | 14.33 Mn |
| Sep 30, 2022 | 14.30 Mn |
| Jun 30, 2022 | 14.01 Mn |
| Mar 31, 2022 | 14.10 Mn |
| Dec 31, 2021 | 15.75 Mn |
| Sep 30, 2021 | 16.34 Mn |