# Bank of N.T. Butterfield & Son Limited (The) Voting (NTB) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Banks. Price $61.53, market value $2.4 billion.

## Valuation
- **P/E (trailing): 10.8×** (5-yr avg 7.6×, 3-yr avg 7.5×). Bank of N.T. Butterfield & Son Limited (The) Voting trades at 10.8× trailing earnings, well above its own five-year average of 7.6×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 8.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.53**. A PEG of 0.53 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 2.1×**. The shares trade at 2.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 8.7%**. Free cash flow equals 8.7% of the market value. Above 5% is generally attractive.
- **Earnings yield: 9.2%**. The inverse of the P/E: 9.2% of the price is earned each year.

## Profitability
- **Net margin: 38.2%**. 38.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.3%**. 20.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 1.7%**. Each dollar of assets produces 1.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 4.6%** (3-yr 3.4%/yr, 5-yr 4.2%/yr). Revenue grew 4.6% over the last year, against 4.2% a year compounded over five years.
- **EPS growth (1 yr): 16.1%** (3-yr 8.4%/yr, 5-yr 13.5%/yr). Earnings per share rose 16.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: $1.7 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 3.25%** ($2.00 per share, trailing). Bank of N.T. Butterfield & Son Limited (The) Voting yields 3.25%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 34%** (38% of free cash flow). 34% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 1.3%/yr** (1-yr 6.8%). The dividend has grown 1.3% a year over five years.
- **Shareholder yield: 8.1%**. Dividends plus net buybacks return 8.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 38.4%** (YTD 25.8%, 3-mo 6.3%). The shares are up 38.4% over twelve months including dividends.
- **From 52-week high: -4.1%** (51.6% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.45** (volatility 19%). Beta of 0.45 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NTB · Page: https://foliofundamentals.com/stocks/ntb

Not investment advice.