Income Statement - Bank of N.T. Butterfield & Son Ltd (NTB)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 799.84 | 816.50 | 761.89 | 606.42 | 521.55 | 502.07 | 532.13 | 510.80 | 448.80 | 407.00 | 374.11 | 389.88 | 341.70 | 331.92 | 347.89 | 127.64 | 237.84 | 604.02 | 821.62 | 675.83 |
| Cost of revenue | 193.25 | 236.18 | 183.12 | 57.20 | 21.96 | -0.20 | 0.01 | 0.40 | 0.34 | 0.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Gross profit | 606.70 | 580.32 | 578.77 | 549.23 | 499.59 | 502.07 | 532.13 | 510.80 | 448.79 | 406.60 | 373.77 | 389.43 | 341.70 | 331.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 368.83 | 359.47 | 352.51 | 331.52 | 333.80 | 502.07 | 532.13 | 224.87 | 214.27 | 202.92 | 196.24 | 191.13 | 262.65 | 308.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating income | 238.00 | 220.85 | 226.26 | 217.70 | 165.79 | 149.60 | 175.70 | 221.07 | 0.15 | 0.12 | 102.33 | 134.60 | 82.41 | 62.07 | 85.66 | 0.00 | 0.00 | 325.90 | 563.51 | 450.68 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | -24.57 | 154.15 | 116.58 | -23.32 | -26.61 | -3.36 | -38.22 | -45.22 | 0.00 | 0.00 | -318.01 | -410.53 | -312.81 |
| Income before tax | 238.00 | 220.85 | 226.26 | 217.70 | 165.79 | 149.60 | 175.70 | 196.50 | 154.30 | 116.70 | 79.02 | 107.99 | 79.05 | 23.85 | 40.44 | 0.00 | 0.00 | 7.88 | 152.97 | 137.88 |
| Income tax expense | 6.00 | 4.53 | 0.77 | 3.68 | 3.12 | 2.38 | -1.37 | 1.30 | 1.10 | 0.70 | 1.28 | -0.17 | 0.89 | 5.89 | 0.00 | 0.00 | 0.00 | 3.04 | 6.98 | 3.79 |
| Net income | 231.90 | 216.32 | 225.49 | 214.02 | 162.67 | 147.22 | 177.08 | 195.20 | 153.30 | 115.90 | 77.74 | 108.16 | 58.41 | -1.01 | 19.20 | 0.00 | 0.00 | 4.84 | 146.00 | 134.08 |
Show Quarterly Income Statement
Income Statement - Bank of N.T. Butterfield & Son Ltd (NTB)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 155.90 | 203.05 | 200.52 | 198.00 | 198.47 | 209.20 | 205.96 | 203.29 | 198.04 | 144.90 | 142.19 | 146.59 | 147.65 | 150.03 | 141.14 | 133.86 | 126.59 | 132.06 | 124.97 | 124.23 | 128.06 | 131.71 | 123.70 | 121.45 | 134.60 | 135.92 | 133.50 | 129.59 | 133.11 | 131.73 | 130.20 | 127.76 | 120.01 | 114.66 | 114.25 | 112.15 | 106.69 | 105.22 | 101.89 | 102.07 | 96.62 | 92.31 | 97.26 | 88.64 | 93.70 | 103.33 | 91.73 | 100.19 | 87.70 | 80.96 | 87.10 | 95.62 | 78.01 | 82.34 | 81.68 | 87.29 | 91.27 | 88.56 | 88.58 | 87.47 | 83.29 | 66.59 | 72.64 | 83.84 | 0.00 | 149.87 | 87.97 | 98.56 | 63.78 | 36.27 | 232.11 | 137.04 | 198.61 | 211.32 | 215.07 | 203.62 | 191.62 | 181.37 | 175.92 | 168.41 | 150.13 |
| Cost of revenue | 1.40 | 43.98 | 47.25 | 51.72 | 50.31 | 57.09 | 63.24 | 60.63 | 55.23 | 5.83 | 0.48 | 0.59 | 4.79 | 6.36 | 0.20 | 0.09 | 0.00 | 0.32 | 0.00 | -0.02 | 0.20 | 1.56 | 0.03 | -1.73 | -0.09 | 0.84 | -0.68 | 0.01 | -0.07 | 0.49 | 0.67 | 0.10 | -0.89 | -0.05 | -0.15 | 14.86 | 0.00 | 34.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Gross profit | 154.50 | 159.07 | 153.28 | 146.28 | 148.16 | 152.12 | 142.72 | 142.66 | 142.82 | 144.90 | 142.19 | 146.59 | 147.65 | 150.03 | 141.14 | 133.86 | 126.59 | 126.23 | 124.97 | 124.23 | 123.28 | 125.35 | 123.70 | 121.45 | 134.60 | 135.92 | 133.50 | 129.59 | 133.11 | 131.73 | 130.20 | 127.76 | 120.01 | 114.66 | 114.25 | 112.15 | 106.69 | 105.22 | 101.89 | 102.07 | 96.62 | 92.31 | 97.26 | 88.64 | 93.70 | 103.33 | 91.73 | 100.19 | 87.70 | 80.96 | 87.10 | 95.62 | 78.01 | 82.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 90.50 | 92.89 | 90.77 | 91.75 | 93.22 | 91.03 | 88.77 | 91.14 | 88.53 | 72.85 | 142.19 | 146.59 | 147.65 | 150.03 | 141.14 | 133.86 | 126.59 | 83.80 | 124.97 | 124.23 | 80.92 | 83.22 | 123.70 | 121.45 | 134.60 | 135.92 | 62.17 | 67.60 | 57.95 | 59.81 | 59.49 | 54.32 | 51.25 | 58.03 | 49.20 | 51.45 | 48.10 | 49.69 | 58.28 | 47.39 | 45.75 | 53.60 | 47.44 | 65.12 | 65.53 | 69.27 | 68.81 | 72.47 | 64.39 | 70.33 | 65.34 | 62.41 | 64.56 | 101.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating income | 64.00 | 65.98 | 62.51 | 54.53 | 54.94 | 61.08 | 53.96 | 51.52 | 54.29 | 72.05 | 49.13 | 61.52 | 99.97 | 81.78 | 71.86 | 50.18 | 45.33 | 42.43 | 40.56 | 40.45 | 42.30 | 42.20 | 31.09 | 35.09 | 41.30 | 41.98 | 42.68 | 38.81 | 52.23 | 51.07 | 50.80 | 50.05 | 44.55 | 40.72 | 41.28 | 36.31 | 36.03 | -9.89 | 20.14 | 25.95 | 22.91 | -5.77 | 24.83 | 24.63 | 29.27 | 36.45 | 24.77 | 28.87 | 24.18 | 11.49 | 22.59 | 34.04 | 14.29 | 15.59 | 0.00 | 0.00 | 0.00 | 85.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 325.90 | 0.00 | 0.00 | 0.00 | 563.51 | 0.00 | 0.00 | 0.00 | 450.68 | 0.00 | 0.00 | 0.00 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -19.30 | 0.00 | 0.00 | -37.10 | -17.95 | -13.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 45.27 | 4.12 | 4.06 | 4.12 | 4.16 | 4.11 | -1.12 | -1.10 | -2.39 | -1.85 | -1.15 | -0.88 | -0.86 | -0.83 | -0.82 | -0.84 | -34.42 | 11.48 | 16.03 | 15.40 | -77.70 | 11.73 | 12.23 | 8.52 | 0.00 | -0.51 | 0.51 | 0.00 | -7.61 | 7.61 | 11.09 | 0.00 | -401.03 | 83.02 | -37.80 | 37.80 | -526.89 | 41.56 | 37.53 | 37.28 | -416.98 | 35.72 | 34.89 | 33.57 |
| Income before tax | 64.00 | 65.98 | 62.51 | 54.53 | 54.94 | 61.08 | 53.96 | 51.52 | 54.29 | 52.74 | 49.13 | 61.52 | 62.87 | 63.83 | 58.36 | 50.18 | 45.33 | 42.43 | 40.56 | 40.45 | 42.40 | 42.10 | 31.09 | 35.09 | 41.30 | 41.98 | 42.68 | 38.81 | 52.23 | 51.07 | 50.80 | 50.05 | 44.55 | 40.72 | 41.28 | 36.31 | 36.03 | 35.37 | 24.26 | 30.01 | 27.03 | -1.61 | 28.95 | 23.52 | 28.17 | 34.05 | 22.92 | 27.72 | 23.30 | 10.63 | 21.76 | 33.22 | 13.44 | -18.83 | 11.48 | 16.03 | 15.40 | 7.96 | 11.73 | 12.23 | 8.52 | 0.00 | -0.51 | 0.51 | 0.00 | -7.61 | 7.61 | 11.09 | 0.00 | -75.14 | 83.02 | -37.80 | 37.80 | 36.61 | 41.56 | 37.53 | 37.28 | 33.71 | 35.72 | 34.89 | 33.57 |
| Income tax expense | 1.40 | 2.19 | 1.45 | 1.21 | 1.18 | 1.51 | 1.24 | 0.93 | 0.85 | -0.80 | 0.38 | 0.52 | 0.67 | 0.72 | 0.93 | 1.06 | 0.98 | 0.78 | 0.77 | 0.83 | 0.70 | 0.10 | 0.54 | 0.76 | 1.00 | -1.91 | 0.24 | 0.17 | 0.13 | 0.17 | 0.43 | 0.34 | 0.35 | 0.46 | 0.19 | 0.26 | 0.18 | 0.01 | 0.21 | 0.24 | 0.26 | 0.70 | 0.16 | 0.21 | 0.21 | -0.63 | 0.15 | 0.17 | 0.14 | 0.24 | 0.20 | 0.29 | 0.16 | 5.35 | 0.00 | -0.72 | 0.72 | -0.50 | 0.50 | 0.43 | 0.16 | 0.39 | -0.34 | 0.34 | 0.00 | 0.41 | 0.60 | 0.77 | 0.00 | 0.48 | 2.57 | 1.52 | 1.47 | 1.86 | 1.91 | 1.62 | 1.59 | 1.22 | 1.07 | 1.03 | 0.48 |
| Net income | 62.60 | 63.80 | 61.10 | 53.33 | 53.76 | 59.58 | 52.72 | 50.59 | 53.43 | 53.54 | 48.75 | 61.00 | 62.20 | 63.11 | 57.43 | 49.13 | 44.35 | 41.66 | 39.78 | 39.62 | 41.60 | 42.10 | 30.54 | 34.33 | 40.30 | 43.89 | 42.44 | 38.64 | 52.11 | 50.91 | 50.37 | 49.71 | 44.20 | 40.25 | 41.09 | 36.05 | 35.86 | -9.91 | 19.93 | 25.71 | 22.64 | -6.47 | 24.67 | 19.24 | 23.82 | 30.51 | 18.59 | 23.39 | 19.03 | 6.17 | 17.29 | 26.12 | 8.84 | -29.65 | 0.00 | 0.00 | 0.00 | 19.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.84 | 0.00 | 0.00 | 0.00 | 146.00 | 0.00 | 0.00 | 0.00 | 134.08 | 0.00 | 0.00 | 0.00 |