(NTB) Bank of N.T. Butterfield - Overview
Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 2.181m USD | Total Return: 32.6% in 12m
Banking, Mortgages, Wealth Management, Fiduciary Services, Loans
Total Rating 54
Safety 47
Buy Signal 0.45
Banks - Diversified
Industry Rotation: -3.7
Industry Rotation: -3.7
Market Cap:
2.18B
Avg Turnover: 8.48M
Avg Turnover: 8.48M
Risk 3d forecast
Volatility19.3%
VaR 5th Pctl3.25%
VaR vs Median2.40%
Reward TTM
Sharpe Ratio1.35
Rel. Str. IBD70.5
Rel. Str. Peer Group64.4
Character TTM
Beta0.674
Beta Downside0.638
Hurst Exponent0.593
Drawdowns 3y
Max DD21.89%
CAGR/Max DD1.66
CAGR/Mean DD7.06
EPS (Earnings per Share)
EPS CAGR: 12.70%
EPS Trend: 73.8%
EPS Trend: 73.8%
Last SUE: 4.00
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: 4.15%
Rev. Trend: 72.5%
Rev. Trend: 72.5%
Last SUE: 0.08
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: NTB Bank of N.T. Butterfield
The Bank of N.T. Butterfield & Son Limited (NTB) is a Bermuda-based financial institution providing community, commercial, and private banking services across several international jurisdictions, including the Cayman Islands, the United Kingdom, and the Channel Islands. Its business model focuses on offshore financial centers, where it provides retail and corporate deposit products, residential and commercial lending, and wealth management services. As a diversified bank operating in these specialized markets, the company generates a significant portion of its revenue through net interest income and fee-based fiduciary services.
The bank serves a global clientele through discretionary investment management, custody administration, and treasury services, catering specifically to high-net-worth individuals and small to medium-sized enterprises. Investors looking for deeper insights into the companys valuation metrics might consider reviewing the data on ValueRay. Founded in 1784, the institution maintains a localized banking presence in jurisdictions characterized by sophisticated regulatory frameworks and international capital flows.
- Net interest margin sensitivity to Federal Reserve and Bank of England rates
- Fee income growth from trust and wealth management services in offshore jurisdictions
- Mortgage loan performance and credit quality within the Bermuda and Cayman markets
- Expense management and operational efficiency across multi-jurisdictional banking platforms
- Regulatory compliance costs associated with evolving international offshore financial standards
Piotroski VR‑10 (Strict)
4.0
| Net Income: 240.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.22 > 1.0 |
| NWC/Revenue: -988.1% < 20% (prev -1.04k%; Δ 54.08% < -1%) |
| CFO/TA 0.02 > 3% & CFO 275.6m > Net Income 240.8m |
| Net Debt (-5.40b) to EBITDA (276.8m): -19.50 < 3 |
| Current Ratio: 0.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.9m) vs 12m ago -6.22% < -2% |
| Gross Margin: 80.94% > 18% (prev 0.72%; Δ 8.02k% > 0.5%) |
| Asset Turnover: 5.33% > 50% (prev 5.83%; Δ -0.50% > 0%) |
| Interest Coverage Ratio: 1.36 > 6 (EBITDA TTM 276.8m / Interest Expense TTM 181.7m) |
Altman Z''
-3.15
| A: -0.52 (Total Current Assets 5.53b - Total Current Liabilities 13.01b) / Total Assets 14.42b |
| B: 0.04 (Retained Earnings 512.2m / Total Assets 14.42b) |
| C: 0.02 (EBIT TTM 247.0m / Avg Total Assets 14.22b) |
| D: 0.02 (Book Value of Equity 297.3m / Total Liabilities 13.29b) |
| Altman-Z'' Score: -3.15 = D |
What is the price of NTB shares?
As of May 16, 2026, the stock is trading at USD 54.69 with a total of 146,564 shares traded.
Over the past week, the price has changed by -2.04%, over one month by -1.18%, over three months by +5.43% and over the past year by +32.61%.
Over the past week, the price has changed by -2.04%, over one month by -1.18%, over three months by +5.43% and over the past year by +32.61%.
Is NTB a buy, sell or hold?
Bank of N.T. Butterfield has received a consensus analysts rating of 4.25.
Therefore, it is recommended to buy NTB.
- StrongBuy: 2
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NTB price?
| Analysts Target Price | 59 | 7.9% |
Bank of N.T. Butterfield (NTB) - Fundamental Data Overview
as of 15 May 2026
P/E Trailing = 9.5407 P/S = 3.5565
P/B = 1.9643
P/EG = 1.96
Revenue TTM = 757.5m USD
EBIT TTM = 247.0m USD
EBITDA TTM = 276.8m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 132.3m USD (from shortTermDebt, last quarter)
Debt = 132.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.40b USD (recalculated: Debt 132.3m - CCE 5.53b)
Enterprise Value = 2.18b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.36 (Ebit TTM 247.0m / Interest Expense TTM 181.7m)
EV/FCF = 8.73x (Enterprise Value 2.18b / FCF TTM 249.7m)
FCF Yield = 11.45% (FCF TTM 249.7m / Enterprise Value 2.18b)
FCF Margin = 32.97% (FCF TTM 249.7m / Revenue TTM 757.5m)
Net Margin = 31.79% (Net Income TTM 240.8m / Revenue TTM 757.5m)
Gross Margin = 80.94% ((Revenue TTM 757.5m - Cost of Revenue TTM 144.3m) / Revenue TTM)
Gross Margin QoQ = none% (prev 78.34%)
Tobins Q-Ratio = 0.15 (Enterprise Value 2.18b / Total Assets 14.42b)
Interest Expense / Debt = 29.78% (Interest Expense 39.4m / Debt 132.3m)
Taxrate = 2.19% (1.40m / 64.0m)
NOPAT = 241.6m (EBIT 247.0m * (1 - 2.19%))
Current Ratio = 0.42 (Total Current Assets 5.53b / Total Current Liabilities 13.01b)
Debt / Equity = 0.12 (Debt 132.3m / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = -19.50 (Net Debt -5.40b / EBITDA 276.8m)
Debt / FCF = -21.62 (Net Debt -5.40b / FCF TTM 249.7m)
Total Stockholder Equity = 1.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.69% (Net Income 240.8m / Total Assets 14.42b)
RoE = 21.63% (Net Income TTM 240.8m / Total Stockholder Equity 1.11b)
RoCE = 22.19% (EBIT 247.0m / Capital Employed (Equity 1.11b + L.T.Debt 0.0))
RoIC = -5.67% (NOPAT 241.6m / Invested Capital -4.26b)
WACC = 9.54% (E(2.18b)/V(2.31b) * Re(8.35%) + D(132.3m)/V(2.31b) * Rd(29.78%) * (1-Tc(0.02)))
Discount Rate = 8.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.39 | Cagr: -6.97%
[DCF] Terminal Value 73.59% ; FCFF base≈259.1m ; Y1≈268.0m ; Y5≈304.4m
[DCF] Fair Price = 240.6 (EV 4.13b - Net Debt -5.40b = Equity 9.53b / Shares 39.6m; r=9.54% [WACC]; 5y FCF grow 3.55% → 3.0% )
EPS Correlation: 73.79 | EPS CAGR: 12.70% | SUE: 4.0 | # QB: 1
Revenue Correlation: 72.53 | Revenue CAGR: 4.15% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.51 | Chg30d=+6.44% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.56 | Chg30d=+3.54% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=6.29 | Chg30d=+5.83% | Revisions=+20% | GrowthEPS=+12.3% | GrowthRev=+3.1%
EPS next Year (2027-12-31): EPS=6.67 | Chg30d=+2.51% | Revisions=+33% | GrowthEPS=+6.0% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: +33%