Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares (NTB)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, NTB traded at $58.38, giving a $2.2B market cap. FairStock's calculations show 10.26x earnings, 2.00x book, a 21.14% return on equity, a 3.43% dividend yield, and a Piotroski F-Score of 5/9. In the quarter labeled 2026-Q2, the bank earned $46.9M on $160.0M of revenue, a 29.33% net margin. The supplied growth figures show revenue up 9.19% but profit down 12.03%, though the periods for those growth rates are not identified in the data. A 21% ROE is excellent and, if durable, supports paying above book. The roughly 10x earnings multiple and 3.4% dividend yield are reasonable, especially with a 0.54 beta. However, Butterfield is a small $2.2B bank with only 1,299 employees, and the data omits CET1, net interest margin, nonperforming loans, reserve coverage, and efficiency ratio. Without those, I cannot judge credit or liquidity risk. The FairStock Lynch category is 'none' because there are only 0 years of filed results, not the required three. Revenue growth is positive, but falling profit and a middling Piotroski score suggest some deterioration. At 2x book, the market is already giving credit for the high ROE. I would want evidence that earnings are consistent and that loan losses are controlled before calling this a compelling value. It looks fairly priced, not a bargain.

In plain English: Bank of N.T. Butterfield & Son provides banking services to people and small businesses. It earns good returns on shareholder money and pays a moderate dividend, but recent profit has slipped. At $58.38, the shares look reasonably priced for the profits and book value shown, not obviously cheap or expensive.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer