NTB
The Bank of N.T. Butterfield & Son Limited
NYSEUSDEQUITY
Financial Services
DELAYED
Buy
+27/100
Last price
58.81
▲ 0.25 (0.43%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
58.78
Prev close
58.56
Day high
59.17
Day low
58.66
Volume
113.56K
Market cap
$2.31B
P/E (TTM)
10.30
52W range
40.59 – 64.17
Day trading desk
Gap from prior close
+0.38%
Prior close 58.56
VWAP
58.82
-0.01% from price
Relative volume
1.14×
Normal
Session range
0.92%
58.66 – 59.20
Position in range
28%
Near session low
ATR (14D)
0.89
1.52% of price
Prior day high
58.76
PDH
Prior day low
58.31
PDL
Bid / ask spread
—
Quote not published
Session volume
191.59K
Avg 167.90K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.65%
-1.3%
1M
-4.42%
-5.6%
3M
-1.51%
-6.0%
6M
+8.13%
-10.1%
YTD
+18.04%
+3.8%
1Y
+39.13%
+22.7%
3Y
+117.17%
+34.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on NTB open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+77.89K
Net buying
Buy transactions
11
456.19K shares
Sell transactions
11
378.30K shares
Net transactions
+22
Buys less sells
Sell : buy shares
0.8 : 1
Mixed
Insider-held shares
536.02K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 1, 26 | CUMMINGS STEPHEN E Director |
STOCK | 1.18K | $70.00K | Direct |
| Oct 1, 26 | PARK MEROE Director |
STOCK | 1.05K | $62.51K | Direct |
| Oct 1, 26 | HENTON ANDREW MICHAEL Director |
STOCK | 1.18K | $70.00K | Direct |
| Oct 1, 26 | BARBOUR ALASTAIR WILLIAM STEWART Director |
STOCK | 1.18K | $70.00K | Direct |
| Oct 1, 26 | PIERCE INGRID Director |
STOCK | 1.18K | $70.00K | Direct |
| Oct 1, 26 | LYNCH MARK T. Director |
STOCK | 1.18K | $70.00K | Direct |
| Aug 26, 26 | MCWATT MICHAEL Officer |
SELL | 9.00K | $525.73K | Direct |
| Aug 19, 26 | COLLINS MICHAEL Chief Executive Officer |
SELL | 207.04K | $12.75M | Direct |
| Aug 18, 26 | PEARCE JANE Officer |
SELL | 16.37K | $1.01M | Direct |
| Aug 14, 26 | NEFF MICHAEL WALTER Chief Operating Officer |
SELL | 5.50K | $350.13K | Direct |
| Aug 7, 26 | COLLINS MICHAEL Chief Executive Officer |
STOCK | 146.41K | $0 | Direct |
| Aug 7, 26 | COLLINS MICHAEL Chief Executive Officer |
CONVERSION | 146.41K | $9.12M | Direct |
| Aug 7, 26 | SCHRUM MICHAEL Chief Financial Officer |
STOCK | 73.21K | $0 | Direct |
| Aug 7, 26 | SCHRUM MICHAEL Chief Financial Officer |
CONVERSION | 73.21K | $4.56M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BARBOUR ALASTAIR WILLIAM STEWART |
Director | 26.11K | Stock Award(Grant) |
FELDMAN JODY TERENCE |
Officer | 5.71K | Sale |
HENTON ANDREW MICHAEL |
Director | 1.84K | Stock Award(Grant) |
LYNCH MARK T. |
Director | 235.97K | Stock Award(Grant) |
MCWATT MICHAEL |
Officer | 13.54K | Sale |
NEFF MICHAEL WALTER |
Chief Operating Officer | 43.22K | Sale |
PARK MEROE |
Director | 2.92K | Stock Award(Grant) |
PIERCE INGRID |
Director | 7.72K | Stock Award(Grant) |
SCHRUM MICHAEL |
Chief Financial Officer | 275.25K | Stock Award(Grant) |
WRIGHT JOHN R |
Director | 5.10K | Sale |
Fundamentals
Market cap$2.31B
Enterprise value$-807.87M
Revenue (TTM)$625.16M
Gross profit$625.16M
EBITDA—
Net income$234.39M
EPS (TTM)$5.71
Free cash flow—
Total cash$3.16B
Total debt$40.33M
Book value / share$29.21
Shares outstanding39.33M
Float38.67M
Short % of float2.29%
Dividend yield3.42%
Beta (5Y)0.54
Valuation & profitability ratios
Trailing P/E10.30
Forward P/E8.02
PEG ratio—
Price / sales—
Price / book2.01
EV / revenue-1.29
EV / EBITDA—
Gross margin0.00%
Operating margin32.12%
Profit margin37.49%
Return on equity21.14%
Return on assets1.64%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $606.81M | $581.98M | $583.22M | $551.62M | +4.3% |
| Operating revenue | $606.81M | $581.98M | $583.22M | $551.62M | +4.3% |
| Selling, general & admin | $192.34M | $183.75M | $188.09M | $176.75M | +4.7% |
| Pre-tax income | $237.97M | $220.85M | $226.26M | $217.70M | +7.8% |
| Tax provision | $6.02M | $4.53M | $767.00K | $3.68M | +33.0% |
| Net income | $231.94M | $216.32M | $225.49M | $214.02M | +7.2% |
| Net income to common | $231.94M | $216.32M | $225.49M | $214.02M | +7.2% |
| Basic EPS | 5.61 | 4.80 | 4.62 | 4.32 | +16.9% |
| Diluted EPS | 5.47 | 4.71 | 4.58 | 4.29 | +16.1% |
| Basic shares | 41.34M | 45.06M | 48.81M | 49.54M | -8.3% |
| Diluted shares | 42.42M | 45.90M | 49.28M | 49.86M | -7.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.71B | $2.00B | $1.65B | $2.10B | — | -14.5% |
| Accounts receivable | — | — | — | $203.52M | $144.28M | — |
| Property, plant & equipment | $158.50M | $153.78M | $154.36M | $146.14M | — | +3.1% |
| Goodwill & intangibles | $86.80M | $89.61M | $98.91M | $74.37M | — | -3.1% |
| Total assets | $14.09B | $14.23B | $13.37B | $14.31B | — | -1.0% |
| Long-term debt | — | $98.72M | $98.49M | $172.29M | $171.88M | — |
| Total debt | — | $98.72M | $98.49M | $172.29M | $171.88M | — |
| Total liabilities | $12.95B | $13.21B | $12.37B | $13.44B | — | -1.9% |
| Retained earnings | $494.38M | $422.46M | $342.52M | $229.73M | — | +17.0% |
| Shareholder equity | $1.14B | $1.02B | $1.00B | $864.82M | — | +11.9% |
| Net tangible assets | $1.06B | $931.20M | $904.69M | $790.45M | — | +13.3% |
| Shares issued | 39.95M | 44.16M | 47.53M | 50.28M | — | -9.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $231.94M | $216.32M | $225.49M | $214.02M | +7.2% |
| Depreciation & amortisation | $36.82M | $42.16M | $36.21M | $40.18M | -12.7% |
| Stock-based compensation | $22.25M | $21.00M | $20.81M | $17.08M | +5.9% |
| Change in working capital | -$11.51M | -$16.13M | $6.52M | -$54.09M | +28.7% |
| Operating cash flow | $279.56M | $265.43M | $300.29M | $219.27M | +5.3% |
| Capital expenditure | -$24.75M | -$21.53M | -$54.27M | -$26.88M | -15.0% |
| Investing cash flow | $102.36M | -$581.02M | $681.80M | $292.02M | +117.6% |
| Share buybacks | -$146.69M | -$155.31M | -$88.59M | -$3.90M | +5.5% |
| Dividends paid | -$77.72M | -$79.58M | -$86.19M | -$87.34M | +2.3% |
| Financing cash flow | -$745.64M | $735.56M | -$1.45B | -$506.81M | -201.4% |
| Free cash flow | $254.81M | $243.90M | $246.02M | $192.40M | +4.5% |
| End cash position | $1.78B | $2.09B | $1.67B | $2.12B | -14.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $159.95M | $155.93M | $158.70M | $153.84M | $146.49M | +2.6% |
| Operating revenue | $159.95M | $155.93M | $158.70M | $153.84M | $146.49M | +2.6% |
| Selling, general & admin | $49.20M | $46.79M | $49.91M | $47.99M | $47.14M | +5.2% |
| Pre-tax income | $48.49M | $63.98M | $65.98M | $62.51M | $54.53M | -24.2% |
| Tax provision | $1.58M | $1.35M | $2.19M | $1.45M | $1.21M | +16.8% |
| Net income | $46.91M | $62.62M | $63.79M | $61.06M | $53.33M | -25.1% |
| Net income to common | $46.91M | $62.62M | $63.79M | $61.06M | $53.33M | -25.1% |
| Basic EPS | 1.19 | 1.57 | 1.58 | 1.50 | 1.28 | -24.2% |
| Diluted EPS | 1.16 | 1.53 | 1.54 | 1.46 | 1.25 | -24.2% |
| Basic shares | 39.43M | 39.78M | 40.38M | 40.82M | 41.64M | -0.9% |
| Diluted shares | 40.45M | 40.88M | 41.44M | 41.94M | 42.65M | -1.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.44B | $1.94B | $1.71B | $1.50B | $1.45B | — | -25.8% |
| Property, plant & equipment | $161.10M | $161.50M | $158.50M | $158.55M | $159.16M | — | -0.2% |
| Goodwill & intangibles | $118.56M | $83.92M | $86.80M | $88.85M | $92.16M | — | +41.3% |
| Total assets | $14.35B | $14.42B | $14.09B | $14.09B | $14.19B | — | -0.5% |
| Long-term debt | — | — | — | — | — | $98.78M | — |
| Total debt | — | — | — | — | — | $98.78M | — |
| Total liabilities | $13.20B | $13.29B | $12.95B | $12.98B | $13.12B | — | -0.7% |
| Retained earnings | $529.44M | $512.22M | $494.38M | $480.59M | $454.52M | — | +3.4% |
| Shareholder equity | $1.15B | $1.14B | $1.14B | $1.11B | $1.07B | — | +1.1% |
| Net tangible assets | $1.03B | $1.05B | $1.06B | $1.02B | $976.98M | — | -2.1% |
| Shares issued | 39.33M | 39.61M | 39.95M | 41.82M | 42.34M | — | -0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $46.91M | $62.62M | $63.79M | $61.06M | $53.33M | -25.1% |
| Depreciation & amortisation | $7.76M | $13.56M | $7.39M | $9.24M | $7.63M | -42.8% |
| Stock-based compensation | $6.25M | $5.17M | $5.36M | $5.62M | $5.88M | +20.8% |
| Change in working capital | -$3.39M | -$23.90M | -$12.27M | -$24.50M | $33.73M | +85.8% |
| Operating cash flow | $59.13M | $58.91M | $64.07M | $51.94M | $100.73M | +0.4% |
| Capital expenditure | -$4.86M | -$8.60M | -$5.24M | -$5.12M | -$7.00M | +43.5% |
| Investing cash flow | -$445.90M | -$150.03M | $209.78M | $73.87M | -$591.82M | -197.2% |
| Share buybacks | -$16.12M | -$42.43M | -$29.55M | -$30.35M | -$45.42M | +62.0% |
| Dividends paid | -$19.70M | -$19.99M | -$20.15M | -$20.45M | -$18.36M | +1.5% |
| Financing cash flow | -$131.29M | $327.63M | -$83.62M | -$78.41M | -$191.97M | -140.1% |
| Free cash flow | $54.27M | $50.31M | $58.83M | $46.82M | $93.74M | +7.9% |
| End cash position | $1.49B | $2.00B | $1.78B | $1.59B | $1.55B | -25.4% |
Options analytics
Put / call volume
0.27
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
30.00
-49.0% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
+9.4%
Puts bid over calls
Call volume
15
Contracts, this expiry
Put volume
4
Contracts, this expiry
Heaviest call OI
70.00
4 contracts
Heaviest put OI
55.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.51 | 1.58 | +4.9% |
| Mar 2026 | 1.40 | 1.55 | +10.7% |
| Dec 2025 | 1.47 | 1.54 | +5.0% |
| Sep 2025 | 1.31 | 1.51 | +15.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.58 | 3 | $160.90M | +4.6% |
| Next quarter | 1.62 | 3 | $163.67M | +3.0% |
| Current year | 6.31 | 3 | $640.10M | +5.5% |
| Next year | 7.33 | 3 | $1.20B | +87.4% |
Analyst targets & ownership
Mean target$65.33
High target$66.00
Low target$65.00
Implied upside11.09%
Analyst count3
ConsensusBUY
Strong buy / Buy1 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders1.36%
Held by institutions74.07%
Institutions holding331
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
58.53
+0.49% from price
SMA 20
59.00
-0.33% from price
SMA 50
60.16
-2.24% from price
SMA 100
59.42
-1.03% from price
SMA 200
55.98
+5.06% from price
EMA 12
58.73
+0.14% from price
EMA 26
59.15
-0.57% from price
EMA 50
59.45
-1.07% from price
RSI (14)
46.6
Neutral
MACD (12,26,9)
-0.42
Hist 0.03
ATR (14)
0.89
1.52% of price
Realised vol 30D
14.2%
Annualised
Bollinger upper
60.28
20, 2σ
Bollinger lower
57.73
20, 2σ
50 / 200 cross
Golden
60.16 vs 55.98
Trend bias
Above 200
+5.06%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.42
Less volatile than market
Correlation to SPY
0.28
Largely independent
Realised vol 30D
14.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-9.5%
Peak to trough
Max drawdown 5Y
-43.8%
Peak to trough
ATR 14
0.89
1.52% of price
Beta (reported)
0.54
5Y monthly, from filing
Short interest
Shares short
888.18K
Prior 658.18K
Change vs prior
+34.9%
Shorts adding
% of float
2.29%
Normal
% of shares out
2.26%
Against total outstanding
Days to cover
5.3
Crowded exit
Float
38.67M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 3, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jun 8, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Feb 12, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Feb 11, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Oct 30, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Sep 29, 25 | Wells Fargo | DOWNGRADE | Overweight | Equal-Weight |
| Jul 11, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jul 10, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jul 8, 25 | Raymond James | MAINTAINED | Outperform | Outperform |
| Apr 25, 25 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Feb 12, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate$2.00 / yr
Forward yield3.42%
5-year avg yield4.71%
Payout ratio35.15%
Ex-dividend dateAug 12, 2026
Next pay dateAug 26, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-18
Corporate Changes & Voting Matters
6-K · 2026-08-31
Corporate Changes & Voting Matters
6-K · 2026-08-14
Corporate Changes & Voting Matters
6-K · 2026-08-05
Corporate Changes & Voting Matters
6-K · 2026-07-27
Corporate Changes & Voting Matters
6-K · 2026-05-28
Corporate Changes & Voting Matters
6-K · 2026-04-28
Corporate Changes & Voting Matters
6-K · 2026-03-02
Headlines
3 Bank Stocks Built For Higher Money Market Yields
Simply Wall St. · 3d ago
What Makes Bank of NT Butterfield & Son (NTB) a New Buy Stock
Zacks · 9d ago
3 Bank Stocks Retail Investors Are Watching As Rate Hike Bets Return
Simply Wall St. · 13d ago
Butterfield 2026 Annual General Meeting Voting Results
Business Wire · 18d ago
1 Unpopular Stock That Deserves Some Love and 2 We Brush Off
StockStory · 34d ago
3 Market-Beating Stocks to Keep an Eye On
StockStory · 34d ago
Bank of N.T. Butterfield (NTB): A Caribbean Banking Stock Trading Below 10x Earnings
Insider Monkey · 35d ago
Bank of N.T. Butterfield CEO Sells All 207,000 Shares for $12.8 Million
Motley Fool · 36d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.