Bank of N.T. Butterfield & Son (NTB) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $583.10M | 5.69% |
| 2022-12-31 | $551.70M | 11.12% |
| 2021-12-31 | $496.50M | -1.23% |
| 2020-12-31 | $502.70M | -5.60% |
| 2019-12-31 | $532.50M | 4.25% |
| 2018-12-31 | $510.80M | 13.81% |
| 2017-12-31 | $448.80M | 10.27% |
| 2016-12-31 | $407.00M | 8.79% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $198.04M | 35.09% |
| 2023-12-31 | $146.60M | 3.10% |
| 2023-09-30 | $142.19M | -3.00% |
| 2023-06-30 | $146.59M | -0.72% |
| 2023-03-31 | $147.65M | -1.63% |
| 2022-12-31 | $150.10M | 6.35% |
| 2022-09-30 | $141.14M | 5.44% |
| 2022-06-30 | $133.86M | 5.74% |
| 2022-03-31 | $126.59M | 0.79% |
| 2021-12-31 | $125.60M | 0.50% |
| 2021-09-30 | $124.97M | 0.60% |
| 2021-06-30 | $124.23M | 2.08% |
| 2021-03-31 | $121.70M | -1.06% |
| 2020-12-31 | $123.00M | -0.57% |
| 2020-09-30 | $123.70M | 1.86% |
| 2020-06-30 | $121.45M | -9.77% |
| 2020-03-31 | $134.60M | -0.97% |
| 2019-12-31 | $135.92M | 1.81% |
| 2019-09-30 | $133.50M | 3.02% |
| 2019-06-30 | $129.59M | -2.65% |
| 2019-03-31 | $133.11M | 1.05% |
| 2018-12-31 | $131.73M | 1.17% |
| 2018-09-30 | $130.20M | 1.91% |
| 2018-06-30 | $127.76M | 6.46% |
| 2018-03-31 | $120.01M | 4.66% |
| 2017-12-31 | $114.66M | 0.36% |
| 2017-09-30 | $114.25M | 1.87% |
| 2017-06-30 | $112.14M | 5.11% |
| 2017-03-31 | $106.69M | 1.40% |
| 2016-12-31 | $105.22M | 3.27% |
| 2016-09-30 | $101.89M | -0.17% |
| 2016-06-30 | $102.07M | 5.64% |
| 2016-03-31 | $96.62M | 4.60% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Cayman Segment | $200.64M | $182.02M | $150.47M | $145.14M | $168.31M |
| Bermuda Segment | $269.87M | $248.57M | $232.84M | $236.03M | $269.94M |
| Other Segments | $35.88M | $29.45M | $27.55M | $14.39M | $22.17M |
| Channel Islands And United Kingdom Segment | $91.84M | $105.61M | $107.62M | $103.14M | $82.88M |
Bank of N.T. Butterfield & Son's latest annual revenue breakdown by segment (product or service), as of Dec 23: Bermuda Segment (45.11%), Cayman Segment (33.54%), Channel Islands And United Kingdom Segment (15.35%), and Other Segments (6.00%).
Bank of N.T. Butterfield & Son Peer Comparison by Revenue
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 23 are Cayman Segment, Bermuda Segment, Other Segments, and Channel Islands And United Kingdom Segment. Cayman Segment generated $200.64M in revenue, accounting 33.54% of the company's total revenue, up 10.23% year-over-year. Bermuda Segment generated $269.86M in revenue, accounting 45.11% of the company's total revenue, up 8.57% year-over-year. Other Segments generated $35.88M in revenue, accounting 6.00% of the company's total revenue, up 21.85% year-over-year. Channel Islands And United Kingdom Segment generated $91.84M in revenue, accounting 15.35% of the company's total revenue, down -13.03% year-over-year.
What is Bank of N.T. Butterfield & Son’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Bank of N.T. Butterfield & Son was Bermuda Segment. This segment made a revenue of $269.86M, representing 45.11% of the company's total revenue.