Bank of N.T. Butterfield & Son (NTB) Stock Forecast, Price Target & Predictions
NTB Stock Forecast
Bank of N.T. Butterfield & Son stock forecast is as follows: an average price target of $37.33 (represents a -0.35% downside from NTB’s last price of $37.46) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
NTB Price Target
The average price target for Bank of N.T. Butterfield & Son (NTB) is $37.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $36.00. This represents a potential -0.35% downside from NTB's last price of $37.46.
NTB Analyst Ratings
According to 4 Wall Street analysts, Bank of N.T. Butterfield & Son's rating consensus is 'Buy'. The analyst rating breakdown for NTB stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Bank of N.T. Butterfield & Son Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 25, 2024 | Alex Twerdahl | Piper Sandler | $38.00 | $33.99 | 11.80% | 1.44% |
| Jan 09, 2023 | - | Goldman Sachs | $36.00 | $30.47 | 18.15% | -3.90% |
| Dec 20, 2022 | - | Piper Sandler | $36.00 | $30.08 | 19.68% | -3.90% |
| Jul 27, 2022 | - | Raymond James | $38.00 | $33.78 | 12.49% | 1.44% |
| Jul 14, 2022 | - | Goldman Sachs | $47.00 | $31.42 | 49.59% | 25.47% |
| Jul 07, 2022 | - | Raymond James | $35.00 | $32.09 | 9.06% | -6.57% |
The latest Bank of N.T. Butterfield & Son stock forecast, released on Apr 25, 2024 by Alex Twerdahl from Piper Sandler, set a price target of $38.00, which represents a 11.80% increase from the stock price at the time of the forecast ($33.99), and a 1.44% increase from NTB last price ($37.46).
Bank of N.T. Butterfield & Son Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $38.00 |
| Last Closing Price | $37.46 | $37.46 | $37.46 |
| Upside/Downside | -100.00% | -100.00% | 1.44% |
In the current month, the average price target of Bank of N.T. Butterfield & Son stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bank of N.T. Butterfield & Son's last price of $37.46. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 26, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| May 20, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 25, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jan 09, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Dec 20, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 14, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Jul 07, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jul 07, 2022 | Wells Fargo | - | Overweight | Upgrade |
Bank of N.T. Butterfield & Son's last stock rating was published by Wells Fargo on Jul 26, 2024. The company gave NTB a "Overweight" rating, the same as its previous rate.
Bank of N.T. Butterfield & Son Financial Forecast
Bank of N.T. Butterfield & Son Revenue Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $147.65M | $150.10M | $141.14M | $133.86M | $126.60M | $127.07M | $124.50M | $123.64M | $122.50M | $123.40M | $123.51M | $121.36M | $134.58M | $135.88M | $133.50M | $129.60M | $132.91M | $131.24M | $130.18M |
| Avg Forecast | $146.15M | $142.00M | $140.10M | $139.45M | $143.71M | $142.50M | $139.75M | $137.28M | $141.34M | $143.86M | $146.02M | $146.06M | $143.26M | $141.02M | $130.83M | $124.30M | $124.75M | $123.53M | $122.77M | $122.10M | $122.06M | $120.38M | $120.11M | $133.22M | $132.12M | $136.77M | $133.65M | $132.43M | $128.59M | $137.43M |
| High Forecast | $146.57M | $142.41M | $140.50M | $139.85M | $144.13M | $142.91M | $140.15M | $137.68M | $142.54M | $145.23M | $146.44M | $146.48M | $143.67M | $141.43M | $130.83M | $126.19M | $126.65M | $125.41M | $124.64M | $123.96M | $123.92M | $122.22M | $121.94M | $135.25M | $134.14M | $138.86M | $135.69M | $134.45M | $154.30M | $164.92M |
| Low Forecast | $145.54M | $141.41M | $139.52M | $138.87M | $143.12M | $141.91M | $139.17M | $136.71M | $140.14M | $141.70M | $145.42M | $145.46M | $142.66M | $140.44M | $130.83M | $122.85M | $123.29M | $122.09M | $121.33M | $120.68M | $120.64M | $118.98M | $118.71M | $131.67M | $130.58M | $135.18M | $132.09M | $130.89M | $102.87M | $109.95M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 | 11 | 8 | 18 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.05% | 1.00% | 1.02% | 1.02% | 1.02% | 1.01% | 1.01% | 1.00% | 1.01% | 1.03% | 1.01% | 1.01% | 1.03% | 0.98% | 0.97% | 1.00% | 1.02% | 0.95% |
Bank of N.T. Butterfield & Son's average Quarter revenue forecast for Jun 23 based on 4 analysts is $146.02M, with a low forecast of $145.42M, and a high forecast of $146.44M. NTB's average Quarter revenue forecast represents a -1.10% decrease compared to the company's last Quarter revenue of $147.65M (Mar 23).
Bank of N.T. Butterfield & Son EBITDA Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 | 11 | 8 | 18 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $108.25M | $90.70M | $81.73M | $59.36M | $52.10M | $63.87M | $63.82M | $47.96M | $48.60M | $65.91M | $55.14M | $56.23M | $69.27M | $72.32M | $74.09M | $63.08M | $73.98M | $71.01M | $67.57M |
| Avg Forecast | $51.40M | $49.94M | $49.28M | $49.05M | $50.55M | $50.12M | $49.15M | $55.06M | $49.71M | $50.60M | $51.36M | $50.06M | $50.39M | $71.06M | $46.01M | $45.51M | $61.51M | $64.60M | $47.96M | $45.48M | $55.98M | $58.53M | $40.01M | $63.42M | $75.68M | $83.86M | $76.80M | $67.25M | $68.62M | $71.13M |
| High Forecast | $51.55M | $50.09M | $49.42M | $49.19M | $50.69M | $50.27M | $49.29M | $66.07M | $50.13M | $51.08M | $51.51M | $60.07M | $50.53M | $85.28M | $46.01M | $54.61M | $73.81M | $77.52M | $57.55M | $54.58M | $67.17M | $70.24M | $48.01M | $76.10M | $90.82M | $100.63M | $92.15M | $80.71M | $82.34M | $85.35M |
| Low Forecast | $51.19M | $49.74M | $49.07M | $48.84M | $50.34M | $49.91M | $48.95M | $44.05M | $49.29M | $49.84M | $51.15M | $40.04M | $50.18M | $56.85M | $46.01M | $36.40M | $49.21M | $51.68M | $38.37M | $36.39M | $44.78M | $46.83M | $32.01M | $50.74M | $60.55M | $67.09M | $61.44M | $53.80M | $54.89M | $56.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.16% | 1.80% | 1.15% | 1.29% | 1.14% | 1.04% | 0.99% | 1.00% | 1.07% | 1.18% | 0.94% | 1.41% | 1.09% | 0.96% | 0.88% | 0.82% | 1.10% | 1.03% | 0.95% |
4 analysts predict NTB's average Quarter EBITDA for Jun 23 to be $51.36M, with a high of $51.51M and a low of $51.15M. This is -52.56% lower than Bank of N.T. Butterfield & Son's previous annual EBITDA (Mar 23) of $108.25M.
Bank of N.T. Butterfield & Son Net Income Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 | 11 | 8 | 18 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $62.20M | $63.10M | $57.43M | $49.13M | $44.40M | $41.66M | $39.78M | $39.62M | $41.60M | $42.10M | $30.54M | $34.33M | $40.28M | $43.89M | $42.44M | $38.64M | $52.11M | $50.91M | $50.37M |
| Avg Forecast | $55.40M | $51.08M | $48.77M | $49.19M | $54.28M | $52.66M | $48.50M | $46.92M | $51.58M | $52.22M | $53.89M | $42.66M | $53.24M | $44.30M | $43.68M | $38.78M | $40.11M | $40.27M | $39.62M | $38.93M | $35.76M | $32.42M | $24.43M | $36.87M | $45.93M | $48.03M | $47.04M | $47.37M | $49.19M | $53.02M |
| High Forecast | $55.61M | $51.27M | $48.95M | $49.38M | $54.49M | $52.86M | $48.68M | $56.31M | $52.04M | $53.61M | $54.09M | $51.19M | $53.44M | $53.16M | $43.68M | $46.54M | $48.13M | $48.33M | $47.54M | $46.72M | $42.91M | $38.91M | $29.32M | $44.25M | $55.12M | $57.64M | $56.45M | $56.84M | $59.03M | $63.62M |
| Low Forecast | $55.11M | $50.81M | $48.50M | $48.93M | $53.99M | $52.38M | $48.24M | $37.54M | $51.11M | $50.84M | $53.60M | $34.13M | $52.96M | $35.44M | $43.68M | $31.02M | $32.09M | $32.22M | $31.69M | $31.15M | $28.60M | $25.94M | $19.54M | $29.50M | $36.74M | $38.43M | $37.63M | $37.90M | $39.35M | $42.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.46% | 1.19% | 1.30% | 1.12% | 1.14% | 1.04% | 0.99% | 1.00% | 1.07% | 1.18% | 0.94% | 1.41% | 1.09% | 0.96% | 0.88% | 0.82% | 1.10% | 1.03% | 0.95% |
Bank of N.T. Butterfield & Son's average Quarter net income forecast for Jun 23 is $53.89M, with a range of $53.60M to $54.09M. NTB's average Quarter net income forecast represents a -13.36% decrease compared to the company's last Quarter net income of $62.20M (Mar 23).
Bank of N.T. Butterfield & Son SG&A Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 | 11 | 8 | 18 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $43.83M | $11.76M | $56.76M | $56.96M | - | $65.38M | $58.27M | $58.88M | - | $58.46M | $65.28M | $57.71M | $61.81M | $66.81M | $62.17M | $67.62M | $57.75M | $59.32M | $59.46M |
| Avg Forecast | $59.15M | $57.47M | $56.70M | $56.44M | $58.16M | $57.67M | $56.56M | $55.56M | $57.20M | $58.22M | $59.10M | $59.11M | $57.98M | $64.88M | $52.95M | $50.30M | $62.96M | $58.99M | $58.88M | $49.42M | $49.65M | $69.30M | $41.06M | $56.59M | $69.91M | $70.37M | $82.32M | $52.50M | $57.32M | $62.59M |
| High Forecast | $59.32M | $57.63M | $56.86M | $56.60M | $58.33M | $57.84M | $56.72M | $55.72M | $57.69M | $58.78M | $59.27M | $59.28M | $58.14M | $77.86M | $52.95M | $51.07M | $75.55M | $70.78M | $70.66M | $50.17M | $59.58M | $83.16M | $49.27M | $67.91M | $83.89M | $84.44M | $98.78M | $63.00M | $68.79M | $75.11M |
| Low Forecast | $58.90M | $57.23M | $56.47M | $56.20M | $57.92M | $57.43M | $56.33M | $55.33M | $56.71M | $57.35M | $58.85M | $58.87M | $57.74M | $51.91M | $52.95M | $49.72M | $50.37M | $47.19M | $47.11M | $48.84M | $39.72M | $55.44M | $32.85M | $45.27M | $55.93M | $56.30M | $65.86M | $42.00M | $45.86M | $50.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.20% | 0.87% | 1.08% | - | 1.04% | 0.99% | 1.00% | - | 1.18% | 0.94% | 1.41% | 1.09% | 0.96% | 0.88% | 0.82% | 1.10% | 1.03% | 0.95% |
Bank of N.T. Butterfield & Son's average Quarter SG&A projection for Jun 23 is $59.10M, based on 4 Wall Street analysts, with a range of $58.85M to $59.27M. The forecast indicates a 34.82% rise compared to NTB last annual SG&A of $43.83M (Mar 23).
Bank of N.T. Butterfield & Son EPS Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 9 | 11 | 16 | 9 | 11 | 8 | 8 | 11 | 8 | 18 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.25 | $1.27 | $1.16 | $0.99 | $0.90 | $0.84 | $0.80 | $0.80 | $0.84 | $0.85 | $0.61 | $0.68 | $0.77 | $0.83 | $0.80 | $0.73 | $0.97 | $0.93 | $0.91 |
| Avg Forecast | $1.20 | $1.10 | $1.05 | $1.06 | $1.17 | $1.14 | $1.05 | $0.97 | $1.11 | $1.13 | $1.16 | $1.16 | $1.15 | $1.11 | $0.93 | $0.79 | $0.81 | $0.80 | $0.81 | $0.77 | $0.76 | $0.65 | $0.53 | $0.71 | $0.86 | $0.87 | $0.92 | $0.88 | $0.86 | $1.00 |
| High Forecast | $1.20 | $1.11 | $1.06 | $1.07 | $1.18 | $1.14 | $1.05 | $0.97 | $1.12 | $1.16 | $1.17 | $1.16 | $1.15 | $1.12 | $0.93 | $0.81 | $0.82 | $0.82 | $0.83 | $0.79 | $0.77 | $0.66 | $0.54 | $0.73 | $0.87 | $0.88 | $0.94 | $0.90 | $1.03 | $1.20 |
| Low Forecast | $1.19 | $1.10 | $1.05 | $1.06 | $1.17 | $1.13 | $1.04 | $0.96 | $1.10 | $1.10 | $1.16 | $1.15 | $1.14 | $1.11 | $0.93 | $0.78 | $0.80 | $0.79 | $0.80 | $0.76 | $0.75 | $0.64 | $0.52 | $0.70 | $0.84 | $0.85 | $0.90 | $0.87 | $0.69 | $0.80 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.10% | 1.04% | 1.07% | 1.14% | 1.04% | 1.00% | 0.99% | 1.09% | 1.12% | 0.94% | 1.29% | 1.08% | 0.97% | 0.92% | 0.80% | 1.10% | 1.08% | 0.91% |
According to 4 Wall Street analysts, Bank of N.T. Butterfield & Son's projected average Quarter EPS for Jun 23 is $1.16, with a low estimate of $1.16 and a high estimate of $1.17. This represents a -6.88% decrease compared to NTB previous annual EPS of $1.25 (Mar 23).
Bank of N.T. Butterfield & Son Peer Comparison by Price Target
NTB Forecast FAQ
Is Bank of N.T. Butterfield & Son a good buy?
Yes, according to 4 Wall Street analysts, Bank of N.T. Butterfield & Son (NTB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of NTB's total ratings.
What is NTB's price target?
Bank of N.T. Butterfield & Son (NTB) average price target is $37.33 with a range of $36 to $38, implying a -0.35% from its last price of $37.46. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Bank of N.T. Butterfield & Son stock go up soon?
According to Wall Street analysts' prediction for NTB stock, the company can go down by -0.35% (from the last price of $37.46 to the average price target of $37.33), up by 1.44% based on the highest stock price target, and down by -3.90% based on the lowest stock price target.
Can Bank of N.T. Butterfield & Son stock reach $60?
NTB's average twelve months analyst stock price target of $37.33 does not support the claim that Bank of N.T. Butterfield & Son can reach $60 in the near future.
What are Bank of N.T. Butterfield & Son's analysts' financial forecasts?
Bank of N.T. Butterfield & Son's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $563.25M (high $564.87M, low $560.92M), average EBITDA is $204.88M (high $216.33M, low $193.25M), average net income is $202.37M (high $212.34M, low $192.15M), average SG&A $227.95M (high $228.61M, low $227.01M), and average EPS is $4.33 (high $4.34, low $4.3). NTB's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $567.7M (high $569.33M, low $565.35M), average EBITDA is $199.67M (high $200.24M, low $198.84M), average net income is $204.44M (high $205.21M, low $203.34M), average SG&A $229.76M (high $230.42M, low $228.8M), and average EPS is $4.42 (high $4.43, low $4.39).
Did the NTB's actual financial results beat the analysts' financial forecasts?
Based on Bank of N.T. Butterfield & Son's last annual report (Dec 2022), the company's revenue was $551.7M, beating the average analysts forecast of $539.4M by 2.28%. Apple's EBITDA was $217.7M, beating the average prediction of $212.97M by 2.22%. The company's net income was $214M, beating the average estimation of $180M by 18.89%. Apple's SG&A was $181.15M, missing the average forecast of $226.11M by -19.89%. Lastly, the company's EPS was $4.32, beating the average prediction of $3.98 by 8.54%. In terms of the last quarterly report (Mar 2023), Bank of N.T. Butterfield & Son's revenue was $147.65M, beating the average analysts' forecast of $146.06M by 1.09%. The company's EBITDA was $108.25M, beating the average prediction of $50.06M by 116.26%. Bank of N.T. Butterfield & Son's net income was $62.2M, beating the average estimation of $42.66M by 45.82%. The company's SG&A was $43.83M, missing the average forecast of $59.11M by -25.85%. Lastly, the company's EPS was $1.25, beating the average prediction of $1.16 by 7.94%