Bank of N.T. Butterfield & Son (NTB) Tax Provisions (2015 - 2026)

Bank of N.T. Butterfield & Son (NTB) reported Tax Provisions of -$1.4 million for Q1 2026, down 14.67% year-over-year from -$1.6 million in Q1 2025, and up 38.55% quarter-over-quarter from -$2.2 million in Q4 2025.

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

Bank of N.T. Butterfield & Son (NTB) has 12 years of Tax Provisions data on file, last reported at -$1.4 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at -$1.4 million, down 14.67% year-over-year; the trailing twelve-month figure through Mar 2026 was -$6.2 million (down 27.01% YoY), and the FY2025 annual result was $6.0 million, up 32.95% from the prior year.
  • Tax Provisions grew to -$1.4 million in Q1 2026 per NTB's latest filing, from -$2.2 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $800000.0 in Q4 2023 and troughed at -$2.2 million in Q4 2025.
  • A 5-year average of -$958176.5 and a median of -$975000.0 in 2022 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions surged 214.29% in 2023, then sank 287.5% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$700000.0 in 2022, then surged by 214.29% to $800000.0 in 2023, then slumped by 287.5% to -$1.5 million in 2024, then slumped by 46.67% to -$2.2 million in 2025, then soared by 38.55% to -$1.4 million in 2026.
  • Business Quant data shows NTB's Tax Provisions at -$1.4 million in Q1 2026, -$2.2 million in Q4 2025, and -$1.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 537.65 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -1.98 Bn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.17 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 565.37 Mn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 602.40 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.82 Bn
7 Barclays 379.37 Bn -269.24 Bn - -860.14 Mn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 571.72 Mn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 691.00 Mn
10 Bank of N.T. Butterfield & Son 90.92 -2.85 Bn 152.73 Mn -1.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.35 Mn
Dec 31, 2025 -2.20 Mn
Sep 30, 2025 -1.40 Mn
Jun 30, 2025 -1.21 Mn
Mar 31, 2025 -1.18 Mn
Dec 31, 2024 -1.50 Mn
Sep 30, 2024 -1.24 Mn
Jun 30, 2024 -931,000.00
Mar 31, 2024 -854,000.00
Dec 31, 2023 800,000.00
Sep 30, 2023 -381,000.00
Jun 30, 2023 -516,000.00
Mar 31, 2023 -669,000.00
Dec 31, 2022 -700,000.00
Sep 30, 2022 -929,000.00
Jun 30, 2022 -1.06 Mn
Mar 31, 2022 -975,000.00
Dec 31, 2021 -800,000.00
Sep 30, 2021 -774,000.00
Jun 30, 2021 -832,000.00