Bank of N.T. Butterfield & Son (NTB) Research & Development (2015 - 2026)
Bank of N.T. Butterfield & Son (NTB) posted quarterly Research & Development of $15.4 million for Q1 2026, down 3.7% YoY from $16.0 million in Q1 2025, and down 7.44% sequentially 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 has disclosed Research & Development across 12 years of filings, most recently posting $15.4 million for Q1 2026.
- In Q1 2026, Research & Development fell 3.7% year-over-year to $15.4 million; the TTM figure through Mar 2026 stood at $64.4 million (down 2.32% YoY), while the FY2025 annual figure was $65.0 million, down 1.6% from the prior year.
- Research & Development slipped to $15.4 million in Q1 2026, from $16.7 million in the prior quarter.
- Over the last five years, Research & Development for NTB reached as high as $17.2 million in Q4 2023 and fell as low as $13.9 million in Q1 2023.
- The 5-year median for Research & Development is $16.0 million (2025), against an average of $15.6 million.
- Annual changes were most pronounced in 2022 — Research & Development declined 12.49% — and 2023, when it grew 20.02%.
- 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.
- According to Business Quant data, Research & Development over the past three periods registered $15.4 million, $16.7 million, and $16.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 2.02 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 2.43 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 556.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.02 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 15.42 Mn |
| 10 | Mitsubishi Ufj Financial | - | - | -1.48 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |