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Bank of N.T Butterfield & Son (Bank of N.T Butterfield & Son) Allowance For Loans And Lease Losses : $-24.8 Mil (As of Mar. 2024)


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What is Bank of N.T Butterfield & Son Allowance For Loans And Lease Losses?

Bank of N.T Butterfield & Son's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-24.8 Mil.

Bank of N.T Butterfield & Son's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-26.0 Mil) to Dec. 2023 ($-25.8 Mil) and increased from Dec. 2023 ($-25.8 Mil) to Mar. 2024 ($-24.8 Mil).

Bank of N.T Butterfield & Son's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-28.1 Mil) to Dec. 2022 ($-25.0 Mil) but then declined from Dec. 2022 ($-25.0 Mil) to Dec. 2023 ($-25.8 Mil).


Bank of N.T Butterfield & Son Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bank of N.T Butterfield & Son's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of N.T Butterfield & Son Allowance For Loans And Lease Losses Chart

Bank of N.T Butterfield & Son Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.59 -34.10 -28.07 -24.96 -25.76

Bank of N.T Butterfield & Son Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.36 -26.01 -26.02 -25.76 -24.78

Bank of N.T Butterfield & Son Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Bank of N.T Butterfield & Son Allowance For Loans And Lease Losses Related Terms

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Bank of N.T Butterfield & Son (Bank of N.T Butterfield & Son) Business Description

Traded in Other Exchanges
Address
65 Front Street, Hamilton, BMU, HM 12
Bank of N.T Butterfield & Son Ltd is a full-service bank and wealth manager. It operates the business through three geographic segments, Bermuda, the Cayman Islands, the Channel Islands, and the UK. The company offers banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management. It generates a majority of its revenue from Bermuda, and the Cayman Islands segments.