Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026)

Bank of N.T. Butterfield & Son (NTB) reported Research & Development of $15.4 million for Q1 2026, down 3.7% year-over-year from $16.0 million in Q1 2025, and down 7.44% quarter-over-quarter from $16.7 million in Q4 2025.

Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026) Analysis & Trends

Bank of N.T. Butterfield & Son (NTB) has 12 years of Research & Development data on file, last reported at $15.4 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $15.4 million, down 3.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.4 million (down 2.32% YoY), and the FY2025 annual result was $65.0 million, down 1.6% from the prior year.
  • Research & Development fell to $15.4 million in Q1 2026 per NTB's latest filing, from $16.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $17.2 million in Q4 2023 and troughed at $13.9 million in Q1 2023.
  • A 5-year average of $15.6 million and a median of $16.0 million in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development declined 12.49% in 2022, then grew 20.02% in 2023.
  • A 5-year view of Research & Development shows it stood at $14.3 million in 2022, then advanced by 20.02% to $17.2 million in 2023, then decreased by 3.45% to $16.6 million in 2024, then increased by 0.31% to $16.7 million in 2025, then decreased by 7.44% to $15.4 million in 2026.
  • Business Quant data shows NTB's Research & Development at $15.4 million in Q1 2026, $16.7 million in Q4 2025, and $16.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 75.14 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 255.80 Mn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 58.37 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 2.02 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - -
10 Bank of N.T. Butterfield & Son 90.92 -2.85 Bn 152.73 Mn 15.42 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 15.70 Mn