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Bank of N.T Butterfield & Son (Bank of N.T Butterfield & Son) Efficiency Overhead Ratio % : 59.80% (As of Mar. 2024)


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What is Bank of N.T Butterfield & Son Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

Bank of N.T Butterfield & Son's Efficiency Overhead Ratio % for the quarter that ended in Mar. 2024 was 59.80% , which is lower than 60.50% for the pervious quarter ended in Dec. 2023.

Bank of N.T Butterfield & Son's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 58.10% , which is lower than 58.90% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Bank of N.T Butterfield & Son's Efficiency Overhead Ratio % or its related term are showing as below:

NTB's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Bank of N.T Butterfield & Son Efficiency Overhead Ratio % Historical Data

The historical data trend for Bank of N.T Butterfield & Son's Efficiency Overhead Ratio % 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 Efficiency Overhead Ratio % Chart

Bank of N.T Butterfield & Son Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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Bank of N.T Butterfield & SonQuarterly Data
Trend Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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Competitive Comparison of Bank of N.T Butterfield & Son's Efficiency Overhead Ratio %

For the Banks - Diversified subindustry, Bank of N.T Butterfield & Son's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of N.T Butterfield & Son  (NYSE:NTB) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %=Non-interest Expenses / Revenue

* 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.


Bank of N.T Butterfield & Son  (NYSE:NTB) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.


Bank of N.T Butterfield & Son Efficiency Overhead Ratio % 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.