Bank of N.T. Butterfield & Son Operating Expenses Growth & History (NTB)
Bank of N.T. Butterfield & Son's operating expenses was $368.8M for fiscal 2025.
View full Bank of N.T. Butterfield & Son company overviewBank of N.T. Butterfield & Son annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $368.8M | $9.7M | +2.71% |
| 2024 | 2024-12-31 | $359.1M | $6.7M | +1.92% |
| 2023 | 2023-12-31 | $352.3M | $20.7M | +6.26% |
| 2022 | 2022-12-31 | $331.6M | −$2.3M | −0.69% |
| 2021 | 2021-12-31 | $333.9M | −$10.7M | −3.11% |
| 2020 | 2020-12-31 | $344.6M | −$12.3M | −3.45% |
| 2019 | 2019-12-31 | $356.9M | $35.6M | +11.07% |
| 2018 | 2018-12-31 | $321.3M | $21.0M | +6.99% |
| 2017 | 2017-12-31 | $300.3M | $14.4M | +5.05% |
| 2016 | 2016-12-31 | $285.9M | $654,000 | +0.23% |
| 2015 | 2015-12-31 | $285.2M | $12.3M | +4.50% |
| 2014 | 2014-12-31 | $273.0M | — | — |
Bank of N.T. Butterfield & Son operating expenses trends
Over the last five fiscal years, Bank of N.T. Butterfield & Son's operating expenses increased from $344.6M to $368.8M, a change of $24.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bank of N.T. Butterfield & Son source filings ↗