NYSE · NTB
The Bank of N.T. Butterfield & Son Limited financials
$58.43−0.63%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $800.0M | $816.1M | $761.7M | $606.5M | $522.9M | $537.7M | $589.1M | $537.0M | $468.2M | $422.4M |
| Gross profit | $607.0M | $581.6M | $583.0M | $551.7M | $497.8M | $503.3M | $529.7M | $512.4M | $452.3M | $406.0M |
| Gross margin | 75.9% | 71.3% | 76.5% | 91.0% | 95.2% | 93.6% | 89.9% | 95.4% | 96.6% | 96.1% |
| Operating income | $238.0M | $220.8M | $226.3M | $217.7M | $167.0M | $150.3M | $175.7M | $198.1M | $157.8M | $115.7M |
| Net income | $231.9M | $216.3M | $225.5M | $214.0M | $162.7M | $147.2M | $177.1M | $195.2M | $153.3M | $58.4M |
| Net margin | 29.0% | 26.5% | 29.6% | 35.3% | 31.1% | 27.4% | 30.1% | 36.3% | 32.7% | 13.8% |
| Diluted EPS | $5.47 | $4.71 | $4.58 | $4.29 | $3.26 | $2.90 | $3.30 | $3.50 | $2.76 | $1.18 |
| EBITDA | $238.0M | $220.8M | $226.3M | $217.7M | $167.0M | $150.3M | $175.7M | $198.1M | $159.5M | $121.9M |
| Operating cash flow | $279.6M | $265.4M | $300.3M | $219.3M | $251.3M | $188.2M | $248.7M | $296.7M | $242.1M | $178.2M |
| Free cash flow | $254.8M | $244.4M | $273.4M | $192.4M | $235.6M | $167.6M | $225.9M | $278.1M | $222.9M | $168.4M |
| Diluted shares | 42.4M | 45.9M | 49.3M | 49.9M | 49.9M | 50.9M | 53.7M | 55.7M | 55.5M | 49.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.54B | $1.83B | $1.50B | $1.84B | $1.74B | $2.86B |
| Short-term investments | $7.72B | $7.47B | $6.68B | $6.94B | $7.98B | $6.33B |
| Total debt | $0.00 | $98.7M | $98.5M | $172.3M | $171.9M | $171.5M |
| Total assets | $14.09B | $14.23B | $13.37B | $14.31B | $15.34B | $14.74B |
| Total liabilities | $12.95B | $13.21B | $12.37B | $13.44B | $14.36B | $13.76B |
| Shareholders' equity | $1.14B | $1.02B | $1.00B | $864.8M | $977.5M | $981.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology