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| Date | Value |
|---|---|
| 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 |