Bank of N.T. Butterfield & Son (NTB) Confirmed Its Dividend After Earnings, Is It Still 11% Below Fair Value?
Bank of N.T. Butterfield & Son (NYSE:NTB) just paired fresh third quarter earnings with a renewed quarterly dividend of ...
Model output · Signal date 2026-11-06
Bank Of N.T. Butterfield & Son Ltd (NTB) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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30-day forecast
Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
14.0%
Spearman, 357 dates
Market Cap
$2.18B
mid-cap · #17 of 20 peers
Summary
Bank Of N.T. Butterfield & Son Ltd (NTB) stock forecast summary
Our AI scores Bank Of N.T. Butterfield & Son Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Bank Of N.T. Butterfield & Son Ltd is a mid-cap company with a market capitalization of $2.18B. It ranks number 17 by market capitalization among the 20 Commercial Banks, NEC issuers in our coverage with a current forecast.
For NTB, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, NTB included.
Price
NTB price chart and AI forecast
Cross-section · 2026-11-06
How NTB ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2025-12-31
Bank Of N.T. Butterfield & Son Ltd (NTB) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Commercial Banks, NEC peers listed below that report each metric.
Valuation & Market
| Metric | NTB | Rank |
|---|---|---|
| Market Cap | $2.18B | 17/20 |
| P/E Ratio | 11.47x | 8/15 |
| P/B Ratio | 1.91x | 4/5 |
| EPS | $4.76 | – |
| Book Value/Share | $28.58 | – |
Profitability & Margins
| Metric | NTB | Rank |
|---|---|---|
| ROE | 19.4% | 7/12 |
| ROA | 1.6% | 8/15 |
| Net Margin | 38.4% | 2/12 |
| EBT Margin | 39.0% | 4/14 |
| Tax Rate | 1.7% | – |
Financial Health
| Metric | NTB | Rank |
|---|---|---|
| D/E Ratio | 11.34x | 11/17 |
| Financial Leverage | 12.34x | 11/17 |
Cash Flow
| Metric | NTB | Rank |
|---|---|---|
| Operating Cash Flow | $266M | 12/20 |
| OCF Growth YoY | 8.0% | 3/16 |
Income Statement
| Metric | NTB | Rank |
|---|---|---|
| Net Income | $222M | 12/15 |
Dividend & Shareholder Information
| Metric | NTB | Rank |
|---|---|---|
| Shares Outstanding | 40M | – |
| EPS Growth | 47.0% | 3/15 |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $1.71B | 12.1% of assets |
| Total Liabilities | $12.95B | 91.9% of assets |
Quarterly Financial Reports
NTB quarterly financials and insider trading
Industry Peers · Commercial Banks, NEC
Bank Of N.T. Butterfield & Son Ltd (NTB) industry peers
Companies classified under the same SEC industry code as Bank Of N.T. Butterfield & Son Ltd (Commercial Banks, NEC): 22 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NTB Bank Of N.T. Butterfield & Son Ltd | $2.18B | |
| RY Royal Bank Of Canada | $281.75B | |
| MUFG Mitsubishi Ufj Financial Group Inc | $248.87B | |
| TD Toronto Dominion Bank | $206.79B | |
| SAN Banco Santander, S.A. | $172.45B | |
| SMFG Sumitomo Mitsui Financial Group, Inc. | $150.91B | |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | $143.01B | |
| HDB Hdfc Bank Ltd | $128.12B | |
| BMO Bank Of Montreal /Can/ | $121.32B | |
| CM Canadian Imperial Bank Of Commerce /Can/ | $106.73B | |
| ING Ing Groep Nv | $92.36B | |
| LYG Lloyds Banking Group Plc | $77.02B | |
| BCS Barclays Plc | $75.97B | |
| NWG Natwest Group Plc | $62.64B | |
| BSBR Banco Santander (Brasil) S.A. | $17.38B | |
| BSAC Banco Santander Chile | $15.23B | |
| GGAL Grupo Financiero Galicia Sa | $4.92B | |
| ESQ Esquire Financial Holdings, Inc. | $1.56B | |
| PGC Peapack Gladstone Financial Corp | $814M | |
| VBNK Versabank | $713M | |
| DJP Barclays Bank Plc | N/A | |
| WBKCY Westpac Banking Corp | N/A |
Where NTB sits on the market map
Finance · Commercial Banks, NEC
News
Bank Of N.T. Butterfield & Son Ltd (NTB) stock news
The Bank of N.T. Butterfield & Son Limited (NTB) Q1 2026 Earnings Call Transcript
Good morning. My name is Bailey, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2026 Earnings Call for The Bank of N.T. Butterfield & ...
Bank of N.T. Butterfield & Son Battles Slow Growth With Greater Buybacks
Bank of N.T. Butterfield & Son Limited stands out for its international reach, strong dividend yield, and robust return on equity. NTB's recent dividend increase and aggressive share buybacks ...
FAQ
Bank Of N.T. Butterfield & Son Ltd (NTB) stock forecast FAQ
What is the Bank Of N.T. Butterfield & Son Ltd (NTB) stock forecast?
Our AI scores Bank Of N.T. Butterfield & Son Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Bank Of N.T. Butterfield & Son Ltd stock predictions?
For NTB, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 22.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Bank Of N.T. Butterfield & Son Ltd forecasts updated?
Bank Of N.T. Butterfield & Son Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Bank Of N.T. Butterfield & Son Ltd's industry peers?
22 issuers in our coverage, NTB included, share the SEC industry code Commercial Banks, NEC. The largest are: Royal Bank Of Canada (RY), Mitsubishi Ufj Financial Group Inc (MUFG), Toronto Dominion Bank (TD), Banco Santander, S.A. (SAN), Sumitomo Mitsui Financial Group, Inc. (SMFG), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.