profit from every $100 of sales.
$0$100
The Bank of N.T. Butterfield & Son
$56.67+0.75% today
+23.4% in 1 year
1-year low $44.751-year high $63.91
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $9.66 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What The Bank of N.T. Butterfield & Son sold, what it kept, and what it did with the cash.
Sales went from $552 million in 2022 to $607 million in 2025, with $232 million of profit last year.
SalesProfit
The Bank of N.T. Butterfield & Son handed back 88% of the cash it generated last year.
Buybacks $147M$78M
Free cash flow 2025$255M
Bought back its own shares$147M
Paid as dividends$78M
The Bank of N.T. Butterfield & Son vs. similar companies
The Bank of N.T. Butterfield & Son grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| The Bank of N.T. Butterfield & Son | 9.7× · Cheap | ||
 JPMorgan Chase | 16.1× · Fair price | ||
 China Construction Bank | 9.3× · Cheap | ||
 Industrial and Commercial Bank of China | 8.6× · Cheap | ||
 Agricultural Bank of China | 8.9× · Cheap |
AI analysis
An AI analyst reads The Bank of N.T. Butterfield & Son's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 552 | 583 | 582 | 607 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 214 | 225 | 216 | 232 | |
| 4.29 | 4.58 | 4.71 | 5.47 | |
| – | – | – | – | |
| – | – | – | – | |
| 38.8% | 38.7% | 37.2% | 38.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 14,306 | 13,374 | 14,231 | 14,095 |
| Cash | 2,101 | 1,647 | 1,998 | 1,709 |
| Total debt | 172 | 98 | 99 | – |
| Total liabilities | 13,441 | 12,370 | 13,211 | 12,953 |
| 865 | 1,004 | 1,021 | 1,142 | |
| 50 | 49 | 46 | 42 | |
| – | – | – | – | |
| 24.7% | 22.5% | 21.2% | 20.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 219 | 300 | 265 | 280 | |
| 27 | 54 | 22 | 25 | |
| 192 | 246 | 244 | 255 | |
| Dividends paid | 87 | 86 | 80 | 78 |
| 4 | 89 | 155 | 147 | |
| 17 | 21 | 21 | 22 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 9.7×
- 9.2×
- 1.15
- 2.0×
- 3.7×
- 10.3%
- 3.5%
Profitability
- 38.2%
- 15.6%
- 18.5%
- 21.6%
- 1.7%
Growth
- +3.2%
- +8.4%
- +1.3%
- −4.2%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 14%of 754
Top 30%of 605
Top 27%of 883
Bottom 30%of 880
Top 19%of 929
What analysts expect
- Average price target
- $57.00
- Range
- $57.00 – $57.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 1.55 | 1.40 | +10.7% |
| Feb 9, 2026 | 1.54 | 1.46 | +5.5% |
| Oct 28, 2025 | 1.51 | 1.30 | +16.2% |
| Jul 28, 2025 | 1.26 | 1.15 | +9.6% |
| Apr 23, 2025 | 1.30 | 1.03 | +26.2% |
| Feb 10, 2025 | 1.34 | 1.17 | +14.5% |
| Oct 22, 2024 | 1.16 | 1.14 | +1.8% |
| Jul 22, 2024 | 1.09 | 1.05 | +3.8% |
3.5%of the share price, paid each year
On $1,000 invested$35a year at today's yield, before tax
+1.3%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$0.01 in 2015 → $1.88 in 2025
How safe it looks
33.5% of its profit
Room to growStretchedMore than it earns: 30.5%
News
Better U.S. Bank ETF: State Street's KBE vs. First Trust's FTXOYahoo Finance · Nov 13, 2026Bank of America’s Matthew O’Neill Is Positive on Block (XYZ) for Early 2027. One Question RemainsYahoo Finance · Nov 12, 2026China’s central bank vows ample liquidity and yuan stability in Q3 monetary policy reportSeeking Alpha · Nov 12, 2026Mitsui Chemicals to buy chip materials maker JSR with Development Bank of Japan in $8.8B dealSeeking Alpha · Nov 9, 2026Bank of America has unexpected advice for tech stock investors after midtermsYahoo Finance · Nov 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
77Pass
Benjamin Graham
70Pass
Philip Fisher
81Pass
Peter Lynch
58No pass
Joel Greenblatt
41No pass
Charlie Munger
82Pass
Terry Smith
73Pass
Questions about The Bank of N.T. Butterfield & Son
Is The Bank of N.T. Butterfield & Son a good stock to buy?
A strong, very profitable business, and the price looks low. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Bank of N.T. Butterfield & Son AI analysis
What does The Bank of N.T. Butterfield & Son do?
The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. It is in Banks - Diversified, based in Hamilton, Bermuda, with 1,299 employees.
Does The Bank of N.T. Butterfield & Son pay a dividend?
Yes. At today's price the dividend is 3.5% a year, about 34% of its yearly profit. In 2025 it paid out $77.7 million in dividends.
Is The Bank of N.T. Butterfield & Son stock halal?
No. The Bank of N.T. Butterfield & Son does not pass our halal screen: its main business, banking, is not permitted. How we check
How has The Bank of N.T. Butterfield & Son stock done over the past year?
Up 23.4% over the past twelve months, to $56.67. It traded between $44.75 and $63.91 and is 11.3% below its high.
Who are The Bank of N.T. Butterfield & Son's competitors?
The largest listed companies in the same industry are JPMorgan Chase, China Construction Bank, Industrial and Commercial Bank of China and Agricultural Bank of China. The peers table on this page compares their profit, growth and price with The Bank of N.T. Butterfield & Son's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.