Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
NTB
STRONG BUYAPPROVEThe Bank of N.T. Butterfield & Son Limited · Financial Services · Bermuda · $2.4B · Avg Vol: $12M/d
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.
COMPANY DESCRIPTION
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% | 613.1M | 633.5M | 1.2B | 39.8% |
| EPS | — | 4.32 | 4.62 | 4.80 | 5.61 | 9.1% | 5.77 | 6.18 | 7.08 | 12.3% |
| Shares | — | 49.7M | 46.9M | 43.5M | 39.9M | -19.6% | 39.6M | — | — | — |
| Debt | 171.9M | 172.3M | 98.5M | 98.7M | — | -16.9% | 171.8M | — | — | — |
| Equity | — | 864.8M | 1.0B | 1.0B | 1.1B | 9.7% | — | — | — | — |
| Op CF | — | 219.3M | 300.3M | 265.4M | 279.6M | 8.4% | 275.6M | — | — | — |
| 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) | $2.4B | 90 | STRONG BUY |
| LRE.L | Lancashire Holdings Limited | $2.1B | 90 | STRONG BUY |
| PLGO | Pelagos Insurance Capital Limit | $2.2B | 96 | STRONG BUY |
| SPNT | SiriusPoint Ltd. | $3.0B | 95 | STRONG BUY |
| HG | Hamilton Insurance Group, Ltd. | $3.6B | 99 | STRONG BUY |
| CRE.L | Conduit Holdings Limited | $922M | 94 | STRONG BUY |
| ESNT | Essent Group Ltd. | $6.1B | 85 | STRONG BUY |
| HSX.L | Hiscox Ltd | $7.8B | 86 | STRONG BUY |
| UEM.L | Utilico Emerging Markets Ord | $650M | 86 | STRONG BUY |
| RNR | RenaissanceRe Holdings Ltd. | $13.7B | 92 | STRONG BUY |
Peer medians: ROE 17.4% · P/E 7.8x · Gross margin 39.4%