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Upturn AI Summary - About
Bank of N.T. Butterfield & Son Ltd(NTB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NTB
10/27/2026: NTB (3-star) is currently NOT-A-BUY. Pass it for now.
Bank of N.T. Butterfield & Son Ltd is a focused offshore banking and wealth management firm primarily serving the Bermuda, Cayman, and Channel Islands markets. The bank is recognized for its conservative balance sheet, consistent fee-based income from its trust services, and a solid dividend history that appeals to income-oriented investors. Its main growth opportunity lies in attracting high-net-worth wealth across international jurisdictions while leveraging digital improvements. Key risks include geographic concentration, sensitivity to international tax regulations, and competition for high-end wealth clients. It is generally a suitable hold for investors seeking stable income rather than high-growth momentum, provided they monitor regulatory developments closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers moderate growth rather than the rapid, aggressive expansion typical of growth-focused portfolios. |
| Momentum investor | Mixed fit | The stock often trades based on long-term value and yield trends rather than short-term price momentum signals. |
| Value investor | Strong fit | Butterfield often trades at reasonable valuation multiples relative to its stable cash flows and high-quality balance sheet. |
| Dividend investor | Strong fit | The company's commitment to returning capital via regular dividends makes it an attractive income play. |
| Low-risk investor | Strong fit while signal remains positive | Its conservative business model and strong capitalization provide a degree of protection for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock can experience moderate price swings tied to global financial market sentiment. |
| Valuation risk | Low | The company generally trades within reasonable valuation bands aligned with industry peers. |
| Competition risk (Banking) | Medium / high | Competition from large international banks for high-net-worth clients remains intense. |
| Business quality | Strong | Butterfield benefits from a high-quality, fee-based business model and a dominant local presence. |
| Dividend income | Strong | Consistent dividend payments provide a reliable income stream for shareholders. |
| Execution risk | Medium | Integrating acquisitions and managing technological changes requires careful operational oversight. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 20.7% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/27/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.36B USD | Price to earnings Ratio 10.54 | 1Y Target Price 66 |
Price to earnings Ratio 10.54 | 1Y Target Price 66 | ||
Volume (30-day avg) 148.2K shares | Beta 0.54 | 52 Weeks Range 41.74 - 64.17 | Updated Date 10/27/2026 |
52 Weeks Range 41.74 - 64.17 | Updated Date 10/27/2026 | ||
Dividends yield (FY) 3.34% | Basic EPS (TTM) 5.69 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Interest Income | Interest earned on loans, mortgages, and investment securities, net of interest paid on deposits. | Butterfield earns the 'spread' between what it pays savers and what it charges borrowers. |
| Non-Interest Income | Fees from trust services, asset management, and banking service charges. | This is stable, recurring income based on managing client wealth rather than interest rate bets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-27 | When After Market | Estimate 1.55 | Actual - |
Profitability
Profit Margin 37.49% | Operating Margin (TTM) 32.12% |
Management Effectiveness
Return on Assets (TTM) 1.64% | Return on Equity (TTM) 21.14% |
Valuation
Trailing PE 10.54 | Forward PE - | Enterprise Value -763.04M | Price to Sales(TTM) 3.77 |
Enterprise Value -763.04M | Price to Sales(TTM) 3.77 | ||
Enterprise Value to Revenue 1.48 | Enterprise Value to EBITDA - | Shares Outstanding 39.33M | Shares Floating 38.66M |
Shares Outstanding 39.33M | Shares Floating 38.66M | ||
Percent Insiders 1.38 | Percent Institutions 73.69 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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