NTB
Income statement / Annual
Last year (2024), The Bank of N.T. Butterfield & Son Limited's total revenue was $816.50 M,
an increase of 7.17% from the previous year.
In 2024, The Bank of N.T. Butterfield & Son Limited's net income was $216.30 M.
See The Bank of N.T. Butterfield & Son Limited,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$816.50 M |
$761.89 M |
$606.42 M |
$521.55 M |
$502.07 M |
$532.13 M |
$510.80 M |
$448.80 M |
$407.00 M |
$374.11 M |
| Cost of Revenue |
$236.18 M
|
$183.12 M
|
$57.20 M
|
$21.96 M
|
$0.00
|
$0.00
|
$0.00
|
$8.00 K
|
$401.00 K
|
$338.00 K
|
| Gross Profit |
$580.32 M
|
$578.77 M
|
$549.23 M
|
$499.59 M
|
$502.07 M
|
$532.13 M
|
$510.80 M
|
$448.79 M
|
$406.60 M
|
$373.77 M
|
| Gross Profit Ratio |
0.71
|
0.76
|
0.91
|
0.96
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$177.22 M
|
$181.64 M
|
$170.39 M
|
$165.22 M
|
$177.36 M
|
$187.06 M
|
$220.06 M
|
$207.23 M
|
$197.41 M
|
$191.99 M
|
| Selling & Marketing Expenses |
$6.53 M
|
$6.46 M
|
$6.36 M
|
$4.56 M
|
$4.44 M
|
$8.05 M
|
$6.12 M
|
$5.74 M
|
$4.51 M
|
$3.92 M
|
| Selling, General & Administrative Expenses |
$183.75 M
|
$188.10 M
|
$176.75 M
|
$169.78 M
|
$181.81 M
|
$195.11 M
|
$226.17 M
|
$212.97 M
|
$201.92 M
|
$195.91 M
|
| Other Expenses |
$175.72 M
|
$164.41 M
|
$154.78 M
|
$164.02 M
|
$320.27 M
|
$337.02 M
|
-$900.00 K
|
$1.30 M
|
$1.00 M
|
$338.00 K
|
| Operating Expenses |
$359.47 M
|
$352.51 M
|
$331.52 M
|
$333.80 M
|
$502.07 M
|
$532.13 M
|
$224.87 M
|
$214.27 M
|
$202.92 M
|
$196.24 M
|
| Cost And Expenses |
$595.65 M
|
$535.63 M
|
$388.72 M
|
$355.76 M
|
$502.07 M
|
$532.13 M
|
$224.87 M
|
$214.27 M
|
$203.32 M
|
$196.58 M
|
| Interest Income |
$585.72 M
|
$545.63 M
|
$343.60 M
|
$299.80 M
|
$317.60 M
|
$345.70 M
|
$343.00 M
|
$289.70 M
|
$258.50 M
|
$262.58 M
|
| Interest Expense |
$234.51 M
|
$178.67 M
|
$0.00
|
$0.00
|
$34.41 M
|
$59.38 M
|
$24.60 M
|
$15.89 M
|
$16.45 M
|
$23.32 M
|
| Depreciation & Amortization |
$42.16 M
|
$36.21 M
|
$40.18 M
|
$69.46 M
|
$62.44 M
|
$48.39 M
|
$46.48 M
|
$50.40 M
|
$52.26 M
|
$50.07 M
|
| EBITDA |
$263.01 M |
$262.47 M |
$257.88 M |
$235.25 M |
$0.00 |
$0.00 |
$242.94 M |
$0.00 |
$0.00 |
$133.95 M |
| EBITDA Ratio |
0.32
|
0.34
|
0.43
|
0.45
|
0
|
0
|
0.48
|
0
|
0
|
0.36
|
| Operating Income Ratio |
0.27
|
0.3
|
0.36
|
0.32
|
0
|
0
|
0.43
|
0
|
0
|
0.27
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$149.60 M
|
$175.70 M
|
-$42.74 M
|
-$42.61 M
|
-$47.58 M
|
-$55.45 M
|
| Income Before Tax |
$220.80 M
|
$226.26 M
|
$217.70 M
|
$165.79 M
|
$149.60 M
|
$175.70 M
|
$196.50 M
|
$154.30 M
|
$116.70 M
|
$79.02 M
|
| Income Before Tax Ratio |
0.27
|
0.3
|
0.36
|
0.32
|
0.3
|
0.33
|
0.38
|
0.34
|
0.29
|
0.21
|
| Income Tax Expense |
$4.53 M
|
$767.00 K
|
$3.68 M
|
$3.12 M
|
$2.38 M
|
-$1.37 M
|
$1.30 M
|
$1.10 M
|
$700.00 K
|
$1.28 M
|
| Net Income |
$216.30 M
|
$225.49 M
|
$214.02 M
|
$162.67 M
|
$147.22 M
|
$177.08 M
|
$195.20 M
|
$153.30 M
|
$115.90 M
|
$77.74 M
|
| Net Income Ratio |
0.26
|
0.3
|
0.35
|
0.31
|
0.29
|
0.33
|
0.38
|
0.34
|
0.28
|
0.21
|
| EPS |
4.8 |
4.62 |
4.32 |
3.28 |
2.91 |
3.33 |
3.55 |
2.82 |
1.2 |
1.31 |
| EPS Diluted |
4.71 |
4.58 |
4.29 |
3.26 |
2.9 |
3.3 |
3.5 |
2.76 |
1.18 |
1.29 |
| Weighted Average Shares Out |
$45.06 M
|
$48.81 M
|
$49.60 M
|
$49.53 M
|
$50.51 M
|
$53.17 M
|
$54.99 M
|
$54.36 M
|
$48.58 M
|
$46.59 M
|
| Weighted Average Shares Out Diluted |
$45.06 M
|
$49.28 M
|
$49.86 M
|
$49.88 M
|
$50.85 M
|
$53.66 M
|
$55.75 M
|
$55.45 M
|
$49.61 M
|
$47.37 M
|
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