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Friday 6 November 2026 Export NTB’s income statement to Excel — free account

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

NTB Financial Banks Diversified

Bank of N.T. Butterfield & Son Limited (The)’s revenue for fiscal 2025 (year ended December 2025) was $800.0 million, down 1.93% from fiscal 2024.

Revenue
+1.78%
EPS
+3.09%
Free cash flow
+28.4%

Quarter to September 2026, against a year earlier

54.73 0.11 +0.20%
Market cap
$2.2B
P/E
9.3×
Fwd P/E
9.7×
Dividend yield
3.65%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Bank of N.T. Butterfield & Son Limited (The) (NTB) P/B ratio

Alert me on P/B ratio

As of 6 November 2026, Bank of N.T. Butterfield & Son Limited (The) (NTB) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 0.0× (September 2016) to 3.5× (August 2018); the current reading is higher than 57% of that period. That is above the Banks Diversified industry median of 1.5× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.8× 11.68%
FY2024 1.6× 3.60%
FY2023 1.6× (9.97%)
FY2022 1.7× (10.37%)
FY2021 1.9× 20.47%
FY2020 1.6× (21.53%)
FY2019 2.0× 4.62%
FY2018 2.0× (19.44%)
FY2017 2.4× 12.11%
FY2016 2.2× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.0× (0.04%)
Jun 2026 2.0× 11.14%
Mar 2026 1.8× 1.94%
Dec 2025 1.8× 13.81%
40 more quarters

Against its own ten years

Low 0.0× High 3.5×
Ten-year median 1.9×
Current reading's percentile 56

P/B ratio against peers

Company P/B ratio
FRBT Forbright Inc. compare 0.4×
BCS Barclays PLC compare 0.7×
SAN Banco Santander, S.A. compare 1.3×
SMFG Sumitomo Mitsui Financial Group Inc compare 1.5×
ING ING Group, N.V. compare 1.5×
UBS UBS Group AG compare 1.7×
NTB Bank of N.T. Butterfield & Son Limited (The) 1.9×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 2.1×
BNY BNY compare 2.5×
Banks Diversified industry median 1.5×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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