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

Bank of N.T. Butterfield & Son (NTB) posted quarterly Tax Provisions of -$1.4 million for Q1 2026, down 14.67% YoY from -$1.6 million in Q1 2025, and up 38.55% sequentially 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 has disclosed Tax Provisions across 12 years of filings, most recently posting -$1.4 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 14.67% year-over-year to -$1.4 million; the TTM figure through Mar 2026 stood at -$6.2 million (down 27.01% YoY), while the FY2025 annual figure was $6.0 million, up 32.95% from the prior year.
  • Tax Provisions climbed to -$1.4 million in Q1 2026, from -$2.2 million in the prior quarter.
  • Over the last five years, Tax Provisions for NTB reached as high as $800000.0 in Q4 2023 and fell as low as -$2.2 million in Q4 2025.
  • The 5-year median for Tax Provisions is -$975000.0 (2022), against an average of -$958176.5.
  • Annual changes were most pronounced in 2023 — Tax Provisions surged 214.29% — and 2024, when it tumbled 287.5%.
  • 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 plunged by 287.5% to -$1.5 million in 2024, then plunged by 46.67% to -$2.2 million in 2025, then soared by 38.55% to -$1.4 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$1.4 million, -$2.2 million, and -$1.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Ing Groep - - - -

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