Bermuda was Bank of N.T. Butterfield & Son’s largest segment in fiscal 2025, bringing in $273.67M of $606.79M (45%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bermuda | $248.59M | $269.87M | $261.95M | $273.67M | ||||||||
| Cayman | $182.00M | $200.64M | $189.49M | $197.43M | ||||||||
| Channel Islands & The Uk | $107.11M | $91.59M | $108.29M | $114.60M | ||||||||
| Guernsey | — | — | — | — | ||||||||
| Other | $29.47M | $35.88M | $42.60M | $46.59M | ||||||||
| United Kingdom | — | — | — | — | ||||||||
| The Bahamas | — | — | — | — | ||||||||
| Switzerland | — | — | — | — | ||||||||
| Inter-Segment | -$17.87M | -$19.38M | -$22.39M | -$25.49M | ||||||||
| Inter-Segment Eliminations | — | — | — | — | ||||||||
| Intersegment Eliminations | — | — | — | — | ||||||||
| Total | $549.30M | $578.60M | $579.93M | $606.79M |
Bank of N.T. Butterfield & Son brought in $606.79M from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 4.6% from $579.93M in fiscal 2024. Bermuda was the largest at $273.67M (45.1%), ahead of Cayman at $197.43M (32.5%) and Channel Islands & The Uk at $114.60M (18.9%). The remaining segment, Other, brought in $46.59M.
Compared with fiscal 2024, Other grew fastest, up 9.4% to $46.59M. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $549.30M to $606.79M, a compound annual growth rate of 3.4%. Bermuda's share held steady at about 45.1%.
The total is net of Inter-Segment, which took $25.49M off revenue in fiscal 2025.
Bank of N.T. Butterfield & Son (NTB) reports its revenue by segment. In fiscal 2025, Bermuda was its largest segment, bringing in $273.67M (45.1% of the total), followed by Cayman at $197.43M (32.5%).
Bermuda was Bank of N.T. Butterfield & Son's largest segment in fiscal 2025, bringing in $273.67M, or 45.1% of the $606.79M total across its five segments.
Among Bank of N.T. Butterfield & Son's segments that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 9.4% from $42.60M to $46.59M.
Every figure comes from Bank of N.T. Butterfield & Son's annual financial filings, as reported. Each line keeps the name Bank of N.T. Butterfield & Son gives it, and years follow its fiscal calendar.
Bank of N.T. Butterfield & Son's revenue by segment goes back to fiscal 2014, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.