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Bank of N.T. Butterfield & Son (NTB) Revenue & Revenue Breakdown

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Bank of N.T. Butterfield & Son Revenue Highlights

Latest Revenue (Y)

$583.10M

Latest Revenue (Q)

$198.04M

Main Segment (Y)

Bermuda Segment

Bank of N.T. Butterfield & Son Revenue by Period

Bank of N.T. Butterfield & Son Revenue by Year

DateRevenueChange
2023-12-31$583.10M5.69%
2022-12-31$551.70M11.12%
2021-12-31$496.50M-1.23%
2020-12-31$502.70M-5.60%
2019-12-31$532.50M4.25%
2018-12-31$510.80M13.81%
2017-12-31$448.80M10.27%
2016-12-31$407.00M8.79%
2015-12-31$374.11M-4.05%
2014-12-31$389.88M-

Bank of N.T. Butterfield & Son generated $583.10M in revenue during NA 2023, up 5.69% compared to the previous quarter, and up 114.15% compared to the same period a year ago.

Bank of N.T. Butterfield & Son Revenue by Quarter

DateRevenueChange
2024-03-31$198.04M35.09%
2023-12-31$146.60M3.10%
2023-09-30$142.19M-3.00%
2023-06-30$146.59M-0.72%
2023-03-31$147.65M-1.63%
2022-12-31$150.10M6.35%
2022-09-30$141.14M5.44%
2022-06-30$133.86M5.74%
2022-03-31$126.59M0.79%
2021-12-31$125.60M0.50%
2021-09-30$124.97M0.60%
2021-06-30$124.23M2.08%
2021-03-31$121.70M-1.06%
2020-12-31$123.00M-0.57%
2020-09-30$123.70M1.86%
2020-06-30$121.45M-9.77%
2020-03-31$134.60M-0.97%
2019-12-31$135.92M1.81%
2019-09-30$133.50M3.02%
2019-06-30$129.59M-2.65%
2019-03-31$133.11M1.05%
2018-12-31$131.73M1.17%
2018-09-30$130.20M1.91%
2018-06-30$127.76M6.46%
2018-03-31$120.01M4.66%
2017-12-31$114.66M0.36%
2017-09-30$114.25M1.87%
2017-06-30$112.14M5.11%
2017-03-31$106.69M1.40%
2016-12-31$105.22M3.27%
2016-09-30$101.89M-0.17%
2016-06-30$102.07M5.64%
2016-03-31$96.62M4.60%
2015-12-31$92.36M-5.17%
2015-09-30$97.40M-

Bank of N.T. Butterfield & Son generated $198.04M in revenue during Q1 2024, up 35.09% compared to the previous quarter, and up 131.94% compared to the same period a year ago.

Bank of N.T. Butterfield & Son Revenue Breakdown

Bank of N.T. Butterfield & Son Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Bermuda Segment$261.95M$269.87M$248.57M$232.84M$236.03M
Cayman Segment$189.49M$200.64M$182.02M$150.47M$145.14M
Channel Islands And United Kingdom Segment$108.28M$91.84M$105.61M$107.62M$103.14M
Other Operating Segment$42.60M----
Other Segments-$35.88M$29.45M$27.55M$14.39M

Bank of N.T. Butterfield & Son's latest annual revenue breakdown by segment (product or service), as of Dec 24: Bermuda Segment (43.49%), Cayman Segment (31.46%), Channel Islands And United Kingdom Segment (17.98%), and Other Operating Segment (7.07%).

Bank of N.T. Butterfield & Son Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PJTPJT Partners$1.49B$326.32M
EIGEmployers$880.70M$224.00M
FBKFB Financial$725.54M$169.61M
NTBBank of N.T. Butterfield & Son$583.10M$198.04M
NBHCNational Bank$538.27M$106.33M
NRIMNorthrim BanCorp-$39.42M

NTB Revenue FAQ

What is Bank of N.T. Butterfield & Son’s yearly revenue?

Bank of N.T. Butterfield & Son's yearly revenue for 2023 was $583.1M, representing an increase of 5.69% compared to 2022. The company's yearly revenue for 2022 was $551.7M, representing an increase of 11.12% compared to 2021. NTB's yearly revenue for 2021 was $496.5M, representing a decrease of -1.23% compared to 2020.

What is Bank of N.T. Butterfield & Son’s quarterly revenue?

Bank of N.T. Butterfield & Son's quarterly revenue for Q1 2024 was $198.04M, a 35.09% increase from the previous quarter (Q4 2023), and a 34.13% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $146.6M, a 3.10% increase from the previous quarter (Q3 2023), and a -2.33% decrease year-over-year (Q4 2022). NTB's quarterly revenue for Q3 2023 was $142.19M, a -3.00% decrease from the previous quarter (Q2 2023), and a 0.74% increase year-over-year (Q3 2022).

What is Bank of N.T. Butterfield & Son’s revenue growth rate?

Bank of N.T. Butterfield & Son's revenue growth rate for the last 3 years (2021-2023) was 17.44%, and for the last 5 years (2019-2023) was 9.50%.

What are Bank of N.T. Butterfield & Son’s revenue streams?

Bank of N.T. Butterfield & Son's revenue streams in c 24 are Bermuda Segment, Cayman Segment, Channel Islands And United Kingdom Segment, and Other Operating Segment. Bermuda Segment generated $261.95M in revenue, accounting 43.49% of the company's total revenue, down -2.93% year-over-year. Cayman Segment generated $189.49M in revenue, accounting 31.46% of the company's total revenue, down -5.56% year-over-year. Channel Islands And United Kingdom Segment generated $108.28M in revenue, accounting 17.98% of the company's total revenue, up 17.90% year-over-year. Other Operating Segment generated $42.6M in revenue, accounting 7.07% of the company's total revenue

What is Bank of N.T. Butterfield & Son’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Bank of N.T. Butterfield & Son was Bermuda Segment. This segment made a revenue of $261.95M, representing 43.49% of the company's total revenue.