Bank of N.T. Butterfield & Son Ltd

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $401.6m $453.4m $517.8m $532.6m $494.2m $499.7m $549.3m $578.6m $579.9m $606.8m
Additional Financial Items
Amortization of Intangible Assets $4.5m $4.2m $5.1m $5.5m $5.8m $6.0m $5.7m $5.7m $8.0m $8.0m
Equity Securities, FV-NI, Realized Gain (Loss) $925k $658k $85k $14k $43k $0 $0
Foreign Currency Transaction Gain (Loss), before Tax $30.6m $32.2m $32.9m $37.0m $37.2m $43.4m $47.8m $46.1m $51.2m $52.5m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $65.2m
Income (Loss) from Equity Method Investments $1.1m $1.0m $1.1m $340k $1.3m $123k $39k ($165k) ($334k) $221k
Operating Lease, Lease Income $677k $940k $1.2m $1.0m $1.2m $1.4m $1.5m
Preferred Stock Dividends, Income Statement Impact $14.0m $0 $0
Taxes, Miscellaneous $16.4m $18.1m $19.5m $21.1m $21.3m $22.1m $22.0m $21.5m $22.7m $23.3m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $165.8m $217.7m $226.3m $220.8m $238.0m
Net Income (Loss) Attributable to Parent $115.9m $153.3m $195.2m $177.1m $147.2m $162.7m $214.0m $225.5m $216.3m $231.9m
Net Income (Loss) Available to Common Stockholders, Basic $58.4m $153.3m $195.2m $162.7m $214.0m $225.5m $216.3m $231.9m
Earnings Per Share, Basic $1.20 $2.82 $3.55 $3.33 $2.91 $3.28 $4.32 $4.62 $4.80 $5.61
Earnings Per Share, Diluted $1.18 $2.76 $3.50 $3.30 $2.90 $3.26 $4.29 $4.58 $4.71 $5.47
Common Stock, Dividends, Per Share, Declared $1.76 $1.76 $1.76 $1.76 $1.76 $1.76 $1.88
Noninterest expense:
Labor and Related Expense $140.0m $153.2m $159.8m $183.7m $173.7m $161.3m $166.2m $177.9m $174.0m $182.6m
Current Income Tax Expense (Benefit) $727k $856k $721k $1.9m $2.4m $2.8m $3.2m $1.9m $3.9m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $2.7m $4.4m $1.9m $177k
Interest Expense $16.4m $15.9m $24.6m $59.4m $34.4m $25.1m $54.8m $178.7m
Interest Expense, Securities Sold under Agreements to Repurchase $118k $0 $33k $14k $0 $0 $22k $75k $2.0m $220k
Income Tax Expense (Benefit) $727k $1.1m $1.3m ($1.4m) $2.4m $3.1m $3.7m $767k $4.5m $6.0m
Total interest expense $234.5m $193.0m
Interest Income (Expense), Net $258.5m $289.7m $343.0m $345.7m $317.6m $299.8m $343.6m $367.0m $351.2m $364.1m
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component $5.6m $5.6m $2.6m $3.9m $3.8m $5.6m $3.9m $5.5m