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Bank of N.T. Butterfield & Son (NTB)
NYSE:NTB
Earnings Data
Report Date
Apr 29, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.4Last Year’s EPS
1.23Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple strong financial and capital metrics—robust core earnings and EPS growth, high returns on tangible equity, meaningful tangible book value appreciation, improved fee income, disciplined capital returns (dividends and buybacks), and conservative asset quality. Key challenges were modest quarter-over-quarter NIM pressure from lower yields, a temporary rise in certain operating expenses, deposit outflows (largely offset by FX translation), remaining unrealized AFS losses, and isolated commercial credit items. Overall, the positives (earnings growth, capital returns, fee momentum, and balance-sheet strength) outweigh the negatives.Company Guidance
Strong Earnings and EPS Growth
Full-year net income of $231.9 million and core net income of $237.5 million; core net income per share grew 17.4% year-over-year to $5.60 per share.
High Returns on Capital
Core return on average tangible common equity of 24.2% for 2025 (24.6% in Q4), indicating top-quartile returns versus peers.
Improved Tangible Book Value
Tangible book value per common share grew 21.7% in 2025, ending the year at $26.41 (5.4% improvement in the quarter).
Net Interest Margin and Deposit Cost Trends (FY)
Net interest margin increased 5 basis points year-over-year to 2.69% from 2.64% in 2024; average cost of deposits fell to 150 bps from 183 bps in 2024 (33 bps decrease).
Strong Fee and Noninterest Income Performance
Fourth-quarter noninterest income totaled $66.3 million, up $5.1 million QoQ; fee income ratio increased to 41.7% driven by higher banking fees, FX revenue, and asset management fees (asset valuation gains and increased AUM).
Disciplined Capital Management and Shareholder Returns
Repurchased 3.5 million shares for $146.7 million in 2025; Q4 share repurchases of 600,000 shares for $29.6 million; Board approved up to 3 million shares or $140 million repurchase authorization for 2026; quarterly cash dividend increased and remained $0.50 per share.
Conservative, Liquid Balance Sheet and Strong Asset Quality
Balance sheet described as liquid and conservatively positioned; low-risk density of 28.3% (regulatory capital efficiency); allowance for credit losses stable at 0.6%; no net charge-offs in the quarter; non-accrual loans ~2%; loan book: 71% full-recourse residential mortgages with ~80% having LTVs below 70%.
Investment Portfolio Quality and OCI Improvement
Investment portfolio comprised of AA+ U.S. treasuries and agency securities; net unrealized losses in AFS improved by $12.1 million QoQ to $89.4 million, with management expecting an additional ~28% burn down of OCI over the next 12 months.
NTB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $52.90 | $52.29 | -1.16% |
Oct 28, 2025 | $41.17 | $43.45 | +5.52% |
Jul 28, 2025 | $43.09 | $44.31 | +2.83% |
Apr 23, 2025 | $36.71 | $37.48 | +2.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bank of N.T. Butterfield & Son (NTB) report earnings?
Bank of N.T. Butterfield & Son (NTB) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).
What is Bank of N.T. Butterfield & Son (NTB) earnings time?
Bank of N.T. Butterfield & Son (NTB) earnings time is at Apr 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTB EPS forecast?
NTB EPS forecast for the fiscal quarter 2026 (Q1) is 1.4.