(NTB) Bank of N.T. Butterfield - Overview
Stock: Deposits, Loans, Cards, Treasury, Wealth
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.42% |
| Yield on Cost 5y | 7.43% |
| Yield CAGR 5y | 1.66% |
| Payout Consistency | 79.0% |
| Payout Ratio | 46.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.1% |
| Relative Tail Risk | -6.70% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.52 |
| Alpha | 34.27 |
| Character TTM | |
|---|---|
| Beta | 0.543 |
| Beta Downside | 0.670 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.97% |
| CAGR/Max DD | 0.65 |
Description: NTB Bank of N.T. Butterfield January 14, 2026
The Bank of N.T. Butterfield & Son Ltd. (NYSE: NTB) is a diversified community-focused bank that serves individuals and SMEs with a full suite of deposit, lending, and wealth-management products, including mortgages, auto loans, credit cards, commercial real-estate financing, foreign-exchange, custody, and advisory services. Its footprint spans offshore financial centers such as the Cayman Islands, Bermuda, and Guernsey, as well as major Asian hubs (Hong Kong, Singapore, Switzerland) and North America (Canada), reflecting a strategy that blends traditional Caribbean retail banking with international private-banking capabilities.
Key performance drivers to watch include NTB’s net interest margin (NIM), which has hovered around 2.5%-3.0% in the low-rate environment, and its loan-to-deposit ratio of roughly 85%, indicating a balanced funding profile. The bank’s earnings are sensitive to Caribbean tourism cycles-tourist spending drives deposit growth and consumer loan demand-while its offshore wealth-management franchise benefits from global capital-flight trends and heightened demand for asset protection services. Recent quarterly reports show a return on equity (ROE) near 12%, modestly above the diversified-bank sector average.
For a deeper quantitative view, you may find ValueRay’s platform useful for tracking NTB’s key metrics and comparative benchmarks.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 227.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.47 > 1.0 |
| NWC/Revenue: -1076 % < 20% (prev -224.0%; Δ -851.9% < -1%) |
| CFO/TA 0.03 > 3% & CFO 415.5m > Net Income 227.8m |
| Net Debt (-1.90b) to EBITDA (199.0m): -9.55 < 3 |
| Current Ratio: 0.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (42.7m) vs 12m ago -6.37% < -2% |
| Gross Margin: 79.05% > 18% (prev 0.76%; Δ 7829 % > 0.5%) |
| Asset Turnover: 5.34% > 50% (prev 5.23%; Δ 0.10% > 0%) |
| Interest Coverage Ratio: 0.83 > 6 (EBITDA TTM 199.0m / Interest Expense TTM 205.7m) |
Altman Z'' -3.57
| A: -0.58 (Total Current Assets 4.67b - Total Current Liabilities 12.84b) / Total Assets 14.09b |
| B: 0.03 (Retained Earnings 480.6m / Total Assets 14.09b) |
| C: 0.01 (EBIT TTM 170.6m / Avg Total Assets 14.23b) |
| D: 0.04 (Book Value of Equity 481.0m / Total Liabilities 12.98b) |
| Altman-Z'' Score: -3.57 = D |
What is the price of NTB shares?
Over the past week, the price has changed by +2.47%, over one month by +6.24%, over three months by +17.25% and over the past year by +43.62%.
Is NTB a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NTB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 50.7 | -4.5% |
| Analysts Target Price | 50.7 | -4.5% |
| ValueRay Target Price | 65.5 | 23.3% |
NTB Fundamental Data Overview February 02, 2026
P/S = 3.6055
P/B = 1.9383
P/EG = 1.96
Revenue TTM = 759.5m USD
EBIT TTM = 170.6m USD
EBITDA TTM = 199.0m USD
Long Term Debt = 98.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 97.8m USD (from shortTermDebt, last fiscal year)
Debt = 226.9m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.90b USD (from netDebt column, last fiscal year)
Enterprise Value = 886.8m USD (2.16b + Debt 226.9m - CCE 1.50b)
Interest Coverage Ratio = 0.83 (Ebit TTM 170.6m / Interest Expense TTM 205.7m)
EV/FCF = 3.95x (Enterprise Value 886.8m / FCF TTM 224.3m)
FCF Yield = 25.29% (FCF TTM 224.3m / Enterprise Value 886.8m)
FCF Margin = 29.53% (FCF TTM 224.3m / Revenue TTM 759.5m)
Net Margin = 29.99% (Net Income TTM 227.8m / Revenue TTM 759.5m)
Gross Margin = 79.05% ((Revenue TTM 759.5m - Cost of Revenue TTM 159.1m) / Revenue TTM)
Gross Margin QoQ = none% (prev 73.88%)
Tobins Q-Ratio = 0.06 (Enterprise Value 886.8m / Total Assets 14.09b)
Interest Expense / Debt = 20.58% (Interest Expense 46.7m / Debt 226.9m)
Taxrate = 2.31% (1.45m / 62.5m)
NOPAT = 166.6m (EBIT 170.6m * (1 - 2.31%))
Current Ratio = 0.36 (Total Current Assets 4.67b / Total Current Liabilities 12.84b)
Debt / Equity = 0.21 (Debt 226.9m / totalStockholderEquity, last quarter 1.11b)
Debt / EBITDA = -9.55 (Net Debt -1.90b / EBITDA 199.0m)
Debt / FCF = -8.47 (Net Debt -1.90b / FCF TTM 224.3m)
Total Stockholder Equity = 1.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.60% (Net Income 227.8m / Total Assets 14.09b)
RoE = 21.42% (Net Income TTM 227.8m / Total Stockholder Equity 1.06b)
RoCE = 14.68% (EBIT 170.6m / Capital Employed (Equity 1.06b + L.T.Debt 98.7m))
RoIC = 14.64% (NOPAT 166.6m / Invested Capital 1.14b)
WACC = 9.08% (E(2.16b)/V(2.39b) * Re(7.92%) + D(226.9m)/V(2.39b) * Rd(20.58%) * (1-Tc(0.02)))
Discount Rate = 7.92% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -5.83%
[DCF Debug] Terminal Value 74.45% ; FCFF base≈253.4m ; Y1≈256.5m ; Y5≈278.2m
Fair Price DCF = 144.0 (EV 4.03b - Net Debt -1.90b = Equity 5.93b / Shares 41.2m; r=9.08% [WACC]; 5y FCF grow 0.88% → 2.90% )
EPS Correlation: -16.57 | EPS CAGR: -43.85% | SUE: -4.0 | # QB: 0
Revenue Correlation: 80.03 | Revenue CAGR: 5.56% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.29 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=5.43 | Chg30d=-0.020 | Revisions Net=+1 | Growth EPS=-1.8% | Growth Revenue=-1.0%