The earnings call reflected a generally positive outlook with strong financial results and strategic capital management, including a dividend increase and share repurchase program. However, there were challenges such as a modest decline in net interest margin and noninterest income.

Company Guidance -

Q3 2025

During the second quarter of 2025, The Bank of N.T. Butterfield & Son Limited reported strong financial performance, with a net income of $53.3 million and core net income of $53.7 million. The company achieved core earnings per share of $1.26 and a core return on average tangible common equity of 22.3%. Despite a slight decline in the net interest margin to 2.64%, driven by lower treasury yields and a one-time negative impact from the early redemption of $100 million in subordinated debt, the bank maintained a stable balance sheet and prudent expense management. Noninterest income totaled $57 million, and total noninterest expenses were $91.4 million. The bank also announced a 14% increase in its quarterly cash dividend to $0.50 per share and a new share repurchase authorization of 1.5 million shares. Butterfield's balance sheet remained liquid, with a period-end deposit balance of $12.8 billion and a low risk density of 28.6%. The bank continues to focus on sustainable profitability, capital efficiency, and strategic growth through potential acquisitions in private trust, while maintaining a conservative credit posture.

Strong Financial Performance

Butterfield reported net income of $53.3 million and core net income of $53.7 million with core earnings per share of $1.26. The core return on average tangible common equity was 22.3%.

Increased Dividend

A 14% increase in the quarterly cash dividend rate to $0.50 per share was approved, reflecting strong capital management and profitability.

Share Repurchase Program

A new share repurchase authorization of 1.5 million shares was announced, following the completion of the current program, with 1.1 million shares repurchased in Q2 at an average price of $40.69 per share.

Asset Quality and Balance Sheet Strength

Nonaccrual loans as a percentage of gross loans decreased by 30 basis points to 2%, while the allowance for credit losses coverage ratio remained at 0.6%.

Economic Growth in Key Markets

Positive economic indicators were observed in Bermuda and Cayman, with strong performance in tourism, real estate, and international business sectors.

Bank of NT Butterfield & Son (NTB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NTB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	1.30 / -	1.16	―	―	―
Jul 28, 2025	2025 (Q2)	1.24 / 1.25	1.09	14.68% (+0.16)
Apr 23, 2025	2025 (Q1)	1.10 / 1.23	1.13	8.85% (+0.10)
Feb 10, 2025	2024 (Q4)	1.15 / 1.34	1.11	20.72% (+0.23)
Oct 22, 2024	2024 (Q3)	1.13 / 1.16	0.99	17.17% (+0.17)
Jul 22, 2024	2024 (Q2)	1.05 / 1.09	1.22	-10.66% (-0.13)
Apr 23, 2024	2024 (Q1)	0.97 / 1.13	1.24	-8.87% (-0.11)
Feb 12, 2024	2023 (Q4)	1.11 / 1.11	1.26	-11.90% (-0.15)
Oct 24, 2023	2023 (Q3)	1.13 / 0.99	1.15	-13.91% (-0.16)
Jul 31, 2023	2023 (Q2)	1.16 / 1.22	0.99	23.23% (+0.23)

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
Jul 28, 2025	$43.98	$45.22	+2.82%
Apr 23, 2025	$37.47	$38.25	+2.08%
Feb 10, 2025	$36.21	$39.38	+8.75%
Oct 22, 2024	$36.19	$36.26	+0.19%

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 Oct 28, 2025, 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 Oct 28, 2025, 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 2025 (Q3) is 1.31.

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