The Bank of N.T. Butterfield & Son Limited

The Bank of N.T. Butterfield & Son Limited

NTBยทNYSE

$55.66

-3.7%
Financial ServicesBanks - Diversified

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. It accepts retail and corporate checking, savings, term, and interest bearing and non-interest bearing deposits, as well as certificate of deposits. The company's lending portfolio includes residential mortgage lending, automobile lending, consumer financing, credit cards, overdraft facilities, commercial real estate lending, and commercial and industrial loans. It also offers investment products and services; and cash and liquidity management, foreign exchange, custody administration, and settlement services. In addition, the company provides personal and property/auto insurance products; letters of credit; and cash management, payroll, remote banking, money market, advisory, brokerage, trust, estate, company management, and fiduciary services. Further, it offers debit cards; automated teller machines; and personal and business deposit, merchant acquiring, and mobile and internet banking services. The company operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Switzerland, Singapore, Mauritius, and Canada. It also operates through 3 branches in Bermuda and 4 branches in the Cayman Islands. The Bank of N.T. Butterfield & Son Limited was founded in 1858 and is headquartered in Hamilton, Bermuda.

At a Glance

Live Snapshot
Market Cap$2.20B
EPS5.6100
P/E Ratio9.92
Earnings Date07/27/2026
The Bank of N.T. Butterfield & Son Limited

The Bank of N.T. Butterfield & Son Limited Fair Value Envelope

NTB ยท NYSE

Our analysis suggests that NTB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $55.66, this represents a potential HIDDEN relative to our calculated worth for The Bank of N.T. Butterfield & Son Limited.

Intrinsic Value
Current Price: $55.66

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$5.6B
+ Cash & Equivalents$1.6B
Firm Value$7.3B
- Debt$38.7M
Equity Value$7.2B
/ Shares Outstanding39,948,300B
DCF Value$181
UNDERVALUED BY 224%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$292.1M
$305.1M
$318.8M
$333.0M
$347.9M
$363.5M
$379.7M
$396.7M
$414.4M
$433.0M
Maintenance CapEx
-$5.2M
-$5.4M
-$5.6M
-$5.9M
-$6.2M
-$6.4M
-$6.7M
-$7.0M
-$7.3M
-$7.7M
Owner Earnings
$286.9M
$299.7M
$313.1M
$327.1M
$341.8M
$357.0M
$373.0M
$389.7M
$407.1M
$425.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$265.6M
$257.0M
$248.6M
$240.4M
$232.6M
$225.0M
$217.6M
$210.5M
$203.7M
$197.0M
Terminal Value represents 59.3% of Enterprise Value