NTB
BuyPremium GrowerAPPROVEThe Bank of N.T. Butterfield & Son Limited · Financial Services · Bermuda · $2.3B · Avg Vol: $10M/d
Premium Grower: Strong business with the market behind it, but you are paying up for it.
The Bank of N.T. Butterfield is the leading bank in Bermuda and the Channel Islands, an oligopolistic deposit franchise whose earnings benefit from higher-for-longer rates on a large low-cost deposit base, with a good quality score (Q70), consistent buybacks and a well-covered dividend. Nothing adverse is known on accounting, solvency or governance.
The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.
ABOUT THE BANK OF N.T. BUTTERFIELD & SON LIMITED
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The Bank of N.T. Butterfield & Son Limited provides specialized community banking, wealth management, and trust services in select offshore financial centers. As the leading independent bank in Bermuda and the Cayman Islands, it benefits from a dominant market share and a highly stable, low-cost deposit base. The institution is characterized by its high-fee wealth management operations and strong capital generation.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 551.6M | 583.2M | 582.0M | 606.8M | 3.2% | 625.2M | 638.6M | 1.2B | 40.6% |
| EPS | — | 4.32 | 4.62 | 4.80 | 5.61 | 9.1% | 5.68 | 6.30 | 7.23 | 13.5% |
| Shares | — | 49.7M | 46.9M | 43.5M | 39.9M | -19.6% | 39.3M | — | — | — |
| Debt | 171.9M | 172.3M | 98.5M | 98.7M | — | -16.9% | 40.3M | — | — | — |
| Equity | — | 864.8M | 1.0B | 1.0B | 1.1B | 9.7% | — | — | — | — |
| Op CF | — | 219.3M | 300.3M | 265.4M | 279.6M | 8.4% | 234.0M | — | — | — |
| Inv CF | — | 292.0M | 681.8M | -581.0M | 102.4M | — | — | — | — | — |
| Fin CF | — | -506.8M | -1.4B | 735.6M | -745.6M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of NTB are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| NTB | The Bank of N.T. Butterfield & Son Limited(you) | $2.3B | 76 | Buy |
| SPNT | SiriusPoint Ltd. | $2.8B | 76 | Buy |
| PLGO | Pelagos Insurance Capital Limit | $2.1B | 84 | Strong Buy |
| LRE.L | Lancashire Holdings Limited | $2.0B | 89 | Strong Buy |
| WTM | White Mountains Insurance Group, Ltd. | $5.1B | 73 | Buy |
| HSX.L | Hiscox Ltd | $7.9B | 75 | Buy |
| HG | Hamilton Insurance Group, Ltd. | $3.5B | 94 | Strong Buy |
| ESNT | Essent Group Ltd. | $6.2B | 87 | Strong Buy |
| CRE.L | Conduit Holdings Limited | $860M | 91 | Strong Buy |
| ACGLO | Arch Capital Group Ltd. | $11.8B | 81 | Strong Buy |
Peer medians: ROE 17.6% · P/E 6.9x · Gross margin 38.8%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.