Butterfield (NTB)
Deposit-funded island banking paired with international trust, private banking, and asset management.
$59.58
Pre-market−0.04 (−0.07%)
At close$59.62(+1.21%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 142 | 145 | 198 | 203 | 206 | 209 | 198 | 198 | 201 | 203 | 156 | 160 |
| Cost of revenue | 0 | 0 | 55 | 61 | 63 | 57 | 50 | 52 | 47 | 44 | 1 | 2 |
| Gross profit | 142 | 145 | 143 | 143 | 143 | 152 | 148 | 146 | 153 | 159 | 155 | 158 |
| 142 | 73 | 89 | 91 | 89 | 91 | 93 | 92 | 91 | 93 | 91 | 110 | |
| 51 | 26 | 44 | 45 | 45 | 49 | 47 | 47 | 48 | 50 | 47 | 49 | |
| Selling & marketing | 2 | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| General & administrative | 50 | 24 | 43 | 44 | 44 | 47 | 46 | 45 | 47 | 48 | 45 | 47 |
| Other expenses | 91 | 47 | 44 | 46 | 44 | 42 | 46 | 45 | 43 | 43 | 44 | 61 |
| Operating income | 0 | 72 | 54 | 52 | 54 | 61 | 55 | 55 | 63 | 66 | 64 | 49 |
| 49 | −19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 138 | 140 | 143 | 148 | 150 | 145 | 140 | 141 | 139 | 137 | 133 | 137 |
| Interest expense | 48 | 53 | 56 | 60 | 62 | 57 | 51 | 52 | 47 | 44 | 39 | 41 |
| Other non-operating income | 9 | 72 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 49 | 53 | 54 | 52 | 54 | 61 | 55 | 55 | 63 | 66 | 64 | 49 |
| Income tax expense | 0 | −1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 2 |
| Net income from continuing operations | 49 | 54 | 53 | 51 | 53 | 60 | 54 | 53 | 61 | 64 | 63 | 47 |
| Net income | 49 | 54 | 53 | 51 | 53 | 60 | 54 | 53 | 61 | 64 | 63 | 47 |
| EPS, basic | $1.00 | $1.13 | $1.15 | $1.09 | $1.18 | $1.37 | $1.26 | $1.28 | $1.50 | $1.54 | $1.57 | $1.19 |
| EPS, diluted | $0.99 | $1.11 | $1.13 | $1.09 | $1.16 | $1.37 | $1.23 | $1.25 | $1.46 | $1.54 | $1.53 | $1.16 |
| Weighted average shares, basic | 49 | 47 | 47 | 46 | 45 | 44 | 43 | 42 | 42 | 41 | 40 | 39 |
| Weighted average shares, diluted | 49 | 48 | 47 | 46 | 46 | 44 | 44 | 43 | 43 | 41 | 41 | 40 |
| EBITDA | 0 | 9 | 48 | 77 | 68 | 69 | 68 | 62 | 72 | 73 | 78 | 56 |
| Depreciation & amortization | 9 | 9 | −6 | 26 | 14 | 8 | 13 | 8 | 9 | 7 | 14 | 8 |
| EBIT | −9 | 0 | 54 | 52 | 54 | 61 | 55 | 55 | 63 | 66 | 64 | 49 |
