The Bank of N.T. Butterfield & Son Limited
NTB · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $816,497 | $761,888 | $606,421 | $521,549 |
| % Growth | 7.2% | 25.6% | 16.3% | – |
| Cost of Goods Sold | $236,176 | $183,122 | $57,195 | $21,963 |
| Gross Profit | $580,321 | $578,766 | $549,226 | $499,586 |
| % Margin | 71.1% | 76% | 90.6% | 95.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $177,224 | $181,639 | $170,389 | $165,217 |
| SG&A Expenses | $183,754 | $188,095 | $176,746 | $169,778 |
| Sales & Mktg Exp. | $6,530 | $6,456 | $6,357 | $4,561 |
| Other Operating Expenses | $175,720 | $164,412 | $154,778 | $164,017 |
| Operating Expenses | $359,474 | $352,507 | $331,524 | $333,795 |
| Operating Income | $220,800 | $226,259 | $217,702 | $165,791 |
| % Margin | 27% | 29.7% | 35.9% | 31.8% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $220,800 | $226,259 | $217,702 | $165,791 |
| Tax Expense | $4,531 | $767 | $3,682 | $3,123 |
| Net Income | $216,300 | $225,492 | $214,020 | $162,668 |
| % Margin | 26.5% | 29.6% | 35.3% | 31.2% |
| EPS | 4.8 | 4.62 | 4.32 | 3.28 |
| % Growth | 3.9% | 6.9% | 31.7% | – |
| EPS Diluted | 4.71 | 4.58 | 4.29 | 3.26 |
| Weighted Avg Shares Out | 45,063 | 48,810 | 49,595 | 49,526 |
| Weighted Avg Shares Out Dil | 45,063 | 49,277 | 49,860 | 49,875 |
| Supplemental Information | – | – | – | – |
| Interest Income | $585,717 | $545,630 | $343,600 | $299,800 |
| Interest Expense | $234,514 | $178,670 | $0 | $0 |
| Depreciation & Amortization | $42,158 | $36,212 | $40,177 | $69,456 |
| EBITDA | $263,005 | $262,471 | $257,879 | $235,247 |
| % Margin | 32.2% | 34.5% | 42.5% | 45.1% |