NTB
Bank of N T Butterfield & Son
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NYSE: NTB
- PE Ratio
The current price-to-earnings ratio for Bank of N T Butterfield & Son stock as of Sep 16, 2026 is 10.13. This is calculated based on the current EPS of $5.83 and the stock price of $59.03 per share. The PE ratio has increased by 13% from the past four quarters average of 9.0.
NTB PE ratio history
The average historical PE ratio of Bank of N T Butterfield & Son for the last ten years is 10.93. The current P/E ratio of 10.13 is 7% lower than the historical average. In the past ten years, NTB's PE ratio peaked in the Dec 2016 quarter at 26.2, when the stock price was $31.44 and the EPS was $1.2. The lowest point was in the Mar 2020 quarter, when it reached 5.44 with a price of $17.03 and an EPS of $3.13.
Bank of N T Butterfield & Son PE ratio by year
Maximum annual increase: 25.93% in 2019
Maximum annual decrease: -50.88% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 8.88 | 16.69% | $49.82 | $5.61 |
| 2024 | 7.61 | 9.81% | $36.55 | $4.8 |
| 2023 | 6.93 | 0.43% | $32.01 | $4.62 |
| 2022 | 6.9 | -40.62% | $29.81 | $4.32 |
| 2021 | 11.62 | 8.5% | $38.11 | $3.28 |
| 2020 | 10.71 | -3.69% | $31.16 | $2.91 |
| 2019 | 11.12 | 25.93% | $37.02 | $3.33 |
| 2018 | 8.83 | -31.39% | $31.35 | $3.55 |
| 2017 | 12.87 | -50.88% | $36.29 | $2.82 |
| 2016 | 26.2 | N/A | $31.44 | $1.2 |
| 2015 | N/A | N/A | N/A | $1.25 |
| 2014 | N/A | N/A | N/A | $1.67 |
Bank of N T Butterfield & Son PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 10.21 | 15.24% | $59.5 | $5.83 |
| Mar 2026 | 8.86 | -0.23% | $52.48 | $5.92 |
| Dec 2025 | 8.88 | 11.7% | $49.82 | $5.61 |
| Sep 2025 | 7.95 | -8.83% | $42.92 | $5.4 |
| Jun 2025 | 8.72 | 9.96% | $44.28 | $5.08 |
| Mar 2025 | 7.93 | 4.2% | $38.92 | $4.91 |
| Dec 2024 | 7.61 | -5.7% | $36.55 | $4.8 |
| Sep 2024 | 8.07 | 0.88% | $36.88 | $4.57 |
| Jun 2024 | 8 | 12.83% | $35.12 | $4.39 |
| Mar 2024 | 7.09 | 2.31% | $31.99 | $4.51 |
| Dec 2023 | 6.93 | 21.79% | $32.01 | $4.62 |
| Sep 2023 | 5.69 | 2.34% | $27.08 | $4.76 |
| Jun 2023 | 5.56 | -3.64% | $27.36 | $4.92 |
| Mar 2023 | 5.77 | -16.38% | $27 | $4.68 |
| Dec 2022 | 6.9 | -17.27% | $29.81 | $4.32 |
NTB Price vs fair value
NTB average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
NTB's current P/E ratio is above the 3 and 5-year averages, but it is lower than the 10-year average.
PE comparison
With a P/E of 10.13, NTB stands below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 13, Bank of N T Butterfield & Son's P/E is 22% lower.
NTB PE vs peers
Frequently asked questions
What is Bank of N T Butterfield & Son's PE ratio?
NTB's price to earnings ratio is 10.13 as of Sep 16, 2026.
What is the 3-year average PE ratio for Bank of N T Butterfield & Son (NTB)?
Over the last 3 years, the average price to earnings ratio for NTB stock is 8.0.
What is the 5-year average PE ratio for Bank of N T Butterfield & Son (NTB)?
Over the last 5 years, the average price to earnings ratio for NTB stock is 8.23.
What is the highest PE ratio for NTB?
Over the last ten years, the quarterly PE ratio reached a historic high of 26.2 in the Dec 2016 quarter.
How does the current PE ratio for NTB compare to its historical average?
The current price to earnings ratio of NTB is 7% lower than the 10-year historical average.
How is NTB's PE ratio calculated (Bank of N T Butterfield & Son PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 16, 2026), Bank of N T Butterfield & Son's stock price is $59.03. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $5.83. Therefore, Bank of N T Butterfield & Son's PE ratio for today is 10.13. PE RATIO(10.13) = STOCK PRICE($59.03) / TTM EPS($5.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.