GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of N.T Butterfield & Son Ltd (NYSE:NTB) » Definitions » Gross-Profit-to-Asset %

Bank of N.T Butterfield & Son (Bank of N.T Butterfield & Son) Gross-Profit-to-Asset % : 4.23% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Bank of N.T Butterfield & Son Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Bank of N.T Butterfield & Son's annualized Gross Profit for the quarter that ended in Mar. 2024 was $569.6 Mil. Bank of N.T Butterfield & Son's average Total Assets over the quarter that ended in Mar. 2024 was $13,451.0 Mil. Therefore, Bank of N.T Butterfield & Son's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.23%.


Bank of N.T Butterfield & Son Gross-Profit-to-Asset % Historical Data

The historical data trend for Bank of N.T Butterfield & Son's Gross-Profit-to-Asset % 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.

* Premium members only.

Bank of N.T Butterfield & Son Gross-Profit-to-Asset % Chart

Bank of N.T Butterfield & Son Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 3.50 3.30 3.72 4.21

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
Gross-Profit-to-Asset % 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 4.21 4.30 4.26 4.42 4.23

Competitive Comparison of Bank of N.T Butterfield & Son's Gross-Profit-to-Asset %

For the Banks - Diversified subindustry, Bank of N.T Butterfield & Son's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of N.T Butterfield & Son's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Bank of N.T Butterfield & Son's Gross-Profit-to-Asset % falls into.



Bank of N.T Butterfield & Son Gross-Profit-to-Asset % Calculation

Bank of N.T Butterfield & Son's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=583.218/( (14306.062+13374.02)/ 2 )
=583.218/13840.041
=4.21 %

Bank of N.T Butterfield & Son's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=569.632/( (13374.02+13528.072)/ 2 )
=569.632/13451.046
=4.23 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Bank of N.T Butterfield & Son Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Bank of N.T Butterfield & Son's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Bank of N.T Butterfield & Son (Bank of N.T Butterfield & Son) Headlines

From GuruFocus

Butterfield Announces Board Changes

By Business Wire Business Wire 11-25-2020

Ingrid Pierce Appointed Independent Director of Butterfield

By Business Wire Business Wire 12-05-2022

Butterfield Announces Share Repurchase Program

By Business Wire 12-05-2023