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

54.79 0.17 +0.31%
Market cap
$2.2B
P/E
9.3×
Fwd P/E
9.7×
Dividend yield
3.66%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

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

Alert me on P/E ratio

As of 5 November 2026, Bank of N.T. Butterfield & Son Limited (The) (NTB) trades at a P/E ratio of 9.3×. Over the past ten years it has ranged from 4.5× (March 2020) to 24.0× (January 2017); the current reading is higher than 45% of that period. That is below the Banks Diversified industry median of 11.7× and below the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 8.9× 16.66%
FY2024 7.6× 9.33%
FY2023 7.0× (0.52%)
FY2022 7.0× (39.87%)
FY2021 11.6× 8.51%
FY2020 10.7× (3.68%)
FY2019 11.1× 25.53%
FY2018 8.9× (32.01%)
FY2017 13.0× (40.94%)
FY2016 22.1× 99.69%

Quarterly newest first

Period P/E ratio Change
Sep 2026 9.8× (3.52%)
Jun 2026 10.2× 15.12%
Mar 2026 8.8× (0.17%)
Dec 2025 8.9× 11.74%
40 more quarters

Against its own ten years

Low 4.5× High 24.0×
Ten-year median 9.5×
Current reading's percentile 45

P/E ratio against peers

Company P/E ratio
BCS Barclays PLC compare 8.2×
SMFG Sumitomo Mitsui Financial Group Inc compare 8.9×
NTB Bank of N.T. Butterfield & Son Limited (The) 9.3×
SAN Banco Santander, S.A. compare 9.8×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 10.9×
ING ING Group, N.V. compare 13.8×
UBS UBS Group AG compare 15.4×
BNY BNY compare 16.2×
FRBT Forbright Inc. compare —
Banks Diversified industry median 11.7×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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