Bank of N.T. Butterfield & Son annual debt-to-equity ratio
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Bank of N.T. Butterfield & Son Debt-to-Equity Ratio Growth & History (NTB)
Bank of N.T. Butterfield & Son's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Bank of N.T. Butterfield & Son company overviewBank of N.T. Butterfield & Son annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | −0.10 | −74.23% |
| 2024 | 2024-12-31 | 0.13 | 0.00 | +0.43% |
| 2023 | 2023-12-31 | 0.13 | −0.11 | −44.79% |
| 2022 | 2022-12-31 | 0.24 | 0.02 | +10.13% |
| 2021 | 2021-12-31 | 0.22 | −0.00 | −2.21% |
| 2020 | 2020-12-31 | 0.22 | 0.02 | +10.72% |
| 2019 | 2019-12-31 | 0.20 | 0.04 | +22.54% |
| 2018 | 2018-12-31 | 0.16 | 0.02 | +14.24% |
| 2017 | 2017-12-31 | 0.14 | −0.02 | −13.63% |
| 2016 | 2016-12-31 | 0.16 | 0.01 | +5.57% |
| 2015 | 2015-12-31 | 0.16 | — | — |
Bank of N.T. Butterfield & Son quarterly debt-to-equity ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.03 | −0.10 | −74.23% |
| Q4 2024 | 2024-12-31 | 0.13 | 0.00 | +0.43% |
| Q4 2023 | 2023-12-31 | 0.13 | −0.11 | −44.79% |
| Q4 2022 | 2022-12-31 | 0.24 | 0.02 | +10.13% |
| Q4 2021 | 2021-12-31 | 0.22 | −0.00 | −2.21% |
| Q4 2020 | 2020-12-31 | 0.22 | 0.02 | +10.72% |
| Q4 2019 | 2019-12-31 | 0.20 | 0.04 | +22.54% |
| Q4 2018 | 2018-12-31 | 0.16 | 0.02 | +14.24% |
| Q4 2017 | 2017-12-31 | 0.14 | −0.02 | −13.63% |
| Q4 2016 | 2016-12-31 | 0.16 | — | — |
Bank of N.T. Butterfield & Son debt-to-equity ratio trends
Over the last five fiscal years, Bank of N.T. Butterfield & Son's debt-to-equity ratio decreased from 0.22 to 0.03, a change of −0.19. The latest reported quarter, Q4 2025, shows 0.03.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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