# The Bank of N.T. Butterfield & Son Limited (NTB)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $2.43B  
**Price:** $58.81 (+1.19%)

> The Bank of N.T. Butterfield & Son Limited, commonly known as Butterfield Bank, is an established financial institution that offers a range of services primarily focused on personal and business banking, wealth management, and investment services. Originating from Bermuda, Butterfield Bank provides comprehensive banking solutions including deposits, loans, and credit card services, catering to both local clientele and international customers.

Key features of Butterfield Bank include its extensive experience in trust management and estate planning, which positions it as a key player in wealth management sectors. The bank also handles institutional services such as investment management and corporate banking, effectively serving industries that demand robust financial solutions.

Butterfield Bank holds a significant place in the financial market, being one of the foremost banks in Bermuda and extending its influence through branches in the Cayman Islands, Guernsey, and the United Kingdom. This cross-jurisdictional presence enhances the bank's ability to provide reliable trust and fiduciary services on a global scale, making it an integral component of the financial infrastructure in the regions it serves.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $607M | — | — | $232M | $5.47 |
| 2024 | $580M | — | — | $216M | $4.71 |
| 2023 | $579M | — | — | $225M | $4.58 |
| 2022 | $549M | — | — | $214M | $4.29 |
| 2021 | $500M | — | — | $163M | $3.26 |
| 2020 | $494M | — | — | $147M | $2.90 |
| 2019 | $533M | — | — | $177M | $3.30 |
| 2018 | $518M | — | — | $195M | $3.50 |
| 2017 | $455M | — | — | $153M | $2.76 |
| 2016 | $403M | — | — | $116M | $1.18 |
| 2015 | $364M | — | — | $78M | $1.23 |
| 2014 | $381M | — | — | $108M | $1.65 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $14.09B | $12.95B | $1.14B | $1.71B | — |
| 2024 | $14.23B | $13.21B | $1.02B | $2.00B | $99M |
| 2023 | $13.37B | $12.37B | $1.00B | $1.65B | $98M |
| 2022 | $14.31B | $13.44B | $865M | $2.10B | $172M |
| 2021 | $15.34B | $14.36B | $977M | $2.18B | $172M |
| 2020 | $14.74B | $13.76B | $982M | $3.29B | $171M |
| 2019 | $13.92B | $12.96B | $964M | $2.55B | $144M |
| 2018 | $10.77B | $9.89B | $882M | $2.05B | $143M |
| 2017 | $10.78B | $9.96B | $823M | $1.54B | $117M |
| 2016 | $11.10B | $10.39B | $711M | $2.10B | $117M |
| 2015 | $10.28B | $9.53B | $750M | $2.29B | $117M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $280M | -$25M | $255M |
| 2024 | $263M | -$21M | $244M |
| 2023 | $290M | -$27M | $246M |
| 2022 | $217M | -$27M | $192M |
| 2021 | $247M | -$16M | $236M |
| 2020 | $142M | -$21M | $168M |
| 2019 | — | — | — |
| 2018 | — | $19M | $278M |
| 2017 | — | $19M | $222M |
| 2016 | — | $10M | $168M |
| 2015 | — | $1M | $154M |
| 2014 | — | $6M | $138M |

Source: [DividendWall](https://dividendwall.com/company/NTB)