BANK OF N.T. BUTTERFIELD&SON (NTB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NTB - BMG0772R2087 - Common Stock
46.44 USD
-0.07 (-0.15%)
46.44 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to NTB. NTB was compared to 387 industry peers in the Banks industry. Both the profitability and the financial health of NTB get a neutral evaluation. Nothing too spectacular is happening here. NTB is not valued too expensively and it also shows a decent growth rate. Finally NTB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NTB was profitable.
In the past year NTB had a positive cash flow from operations.
Each year in the past 5 years NTB has been profitable.
Each year in the past 5 years NTB had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NTB (1.62%) is better than 91.47% of its industry peers.
NTB's Return On Equity of 20.59% is amongst the best of the industry. NTB outperforms 98.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 20.59% | ||
| ROIC | N/A |
ROA(3y)1.57%
ROA(5y)1.35%
ROE(3y)22.8%
ROE(5y)20.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NTB's Profit Margin of 37.95% is amongst the best of the industry. NTB outperforms 94.06% of its industry peers.
NTB's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for NTB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 37.95% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.31%
PM growth 5Y2.26%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NTB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NTB has less shares outstanding
Compared to 5 years ago, NTB has less shares outstanding
The debt/assets ratio for NTB is higher compared to a year ago.
2.2 Solvency
NTB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.65%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
NTB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.59%, which is quite good.
NTB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.49% yearly.
NTB shows a small growth in Revenue. In the last year, the Revenue has grown by 4.15%.
Measured over the past years, NTB shows a small growth in Revenue. The Revenue has been growing by 1.78% on average per year.
EPS 1Y (TTM)17.59%
EPS 3Y13.25%
EPS 5Y7.49%
EPS Q2Q%25.86%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y5.41%
Revenue growth 5Y1.78%
Sales Q2Q%7.43%
3.2 Future
NTB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.54% yearly.
NTB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.43% yearly.
EPS Next Y11.84%
EPS Next 2Y7.64%
EPS Next 3Y8.54%
EPS Next 5YN/A
Revenue Next Year4.81%
Revenue Next 2Y2.01%
Revenue Next 3Y2.43%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.80, which indicates a very decent valuation of NTB.
NTB's Price/Earnings ratio is rather cheap when compared to the industry. NTB is cheaper than 88.11% of the companies in the same industry.
NTB is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.49, which indicates a very decent valuation of NTB.
Based on the Price/Forward Earnings ratio, NTB is valued a bit cheaper than 78.04% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NTB to the average of the S&P500 Index (36.59), we can say NTB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 8.49 |
4.2 Price Multiples
NTB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NTB is cheaper than 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NTB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.74
PEG (5Y)1.18
EPS Next 2Y7.64%
EPS Next 3Y8.54%
5. Dividend
5.1 Amount
NTB has a Yearly Dividend Yield of 4.41%, which is a nice return.
Compared to an average industry Dividend Yield of 3.33, NTB pays a better dividend. On top of this NTB pays more dividend than 83.98% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, NTB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
5.2 History
The dividend of NTB has a limited annual growth rate of 0.17%.
NTB has paid a dividend for at least 10 years, which is a reliable track record.
As NTB did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)0.17%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
NTB pays out 33.73% of its income as dividend. This is a sustainable payout ratio.
NTB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP33.73%
EPS Next 2Y7.64%
EPS Next 3Y8.54%
46.44
-0.07 (-0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners71.04%
Inst Owner Change-3.2%
Ins Owners1.22%
Ins Owner ChangeN/A
Market Cap2.02B
Revenue(TTM)600.12M
Net Income(TTM)227.73M
Analysts75
Price Target52.79 (13.67%)
Short Float %0.73%
Short Ratio1.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
Yearly Dividend1.75
Dividend Growth(5Y)0.17%
DP33.73%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.85%
Min EPS beat(2)-0.79%
Max EPS beat(2)10.49%
EPS beat(4)3
Avg EPS beat(4)8.51%
Min EPS beat(4)-0.79%
Max EPS beat(4)13.4%
EPS beat(8)6
Avg EPS beat(8)6.45%
EPS beat(12)9
Avg EPS beat(12)4.73%
EPS beat(16)13
Avg EPS beat(16)4.96%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-1.4%
Max Revenue beat(2)2.55%
Revenue beat(4)3
Avg Revenue beat(4)2.66%
Min Revenue beat(4)-1.4%
Max Revenue beat(4)5.3%
Revenue beat(8)6
Avg Revenue beat(8)1.92%
Revenue beat(12)8
Avg Revenue beat(12)1.15%
Revenue beat(16)10
Avg Revenue beat(16)0.93%
PT rev (1m)0.49%
PT rev (3m)0.49%
EPS NQ rev (1m)3.68%
EPS NQ rev (3m)1.73%
EPS NY rev (1m)2.02%
EPS NY rev (3m)1.15%
Revenue NQ rev (1m)1.98%
Revenue NQ rev (3m)1.4%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 8.49 | ||
| P/S | 3.37 | ||
| P/FCF | 9.02 | ||
| P/OCF | 8.03 | ||
| P/B | 1.83 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.28
EY11.37%
EPS(NY)5.47
Fwd EY11.78%
FCF(TTM)5.15
FCFY11.09%
OCF(TTM)5.79
OCFY12.46%
SpS13.78
BVpS25.4
TBVpS23.36
PEG (NY)0.74
PEG (5Y)1.18
Graham Number54.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 20.59% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 37.95% | ||
| GM | N/A | ||
| FCFM | 37.37% |
ROA(3y)1.57%
ROA(5y)1.35%
ROE(3y)22.8%
ROE(5y)20.01%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.31%
PM growth 5Y2.26%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 73.48% | ||
| Cap/Sales | 4.61% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 98.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC16.65%
ROIC/WACCN/A
Cap/Depr(3y)89.29%
Cap/Depr(5y)64.69%
Cap/Sales(3y)5.96%
Cap/Sales(5y)5.03%
Profit Quality(3y)103.92%
Profit Quality(5y)114.09%
High Growth Momentum
Growth
EPS 1Y (TTM)17.59%
EPS 3Y13.25%
EPS 5Y7.49%
EPS Q2Q%25.86%
EPS Next Y11.84%
EPS Next 2Y7.64%
EPS Next 3Y8.54%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y5.41%
Revenue growth 5Y1.78%
Sales Q2Q%7.43%
Revenue Next Year4.81%
Revenue Next 2Y2.01%
Revenue Next 3Y2.43%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.58%
FCF growth 3Y1.16%
FCF growth 5Y1.46%
OCF growth 1Y-2.24%
OCF growth 3Y1.84%
OCF growth 5Y1.24%
BANK OF N.T. BUTTERFIELD&SON / NTB FAQ
What is the fundamental rating for NTB stock?
ChartMill assigns a fundamental rating of 5 / 10 to NTB.
What is the valuation status for NTB stock?
ChartMill assigns a valuation rating of 6 / 10 to BANK OF N.T. BUTTERFIELD&SON (NTB). This can be considered as Fairly Valued.
How profitable is BANK OF N.T. BUTTERFIELD&SON (NTB) stock?
BANK OF N.T. BUTTERFIELD&SON (NTB) has a profitability rating of 5 / 10.
What are the PE and PB ratios of BANK OF N.T. BUTTERFIELD&SON (NTB) stock?
The Price/Earnings (PE) ratio for BANK OF N.T. BUTTERFIELD&SON (NTB) is 8.8 and the Price/Book (PB) ratio is 1.83.
Is the dividend of BANK OF N.T. BUTTERFIELD&SON sustainable?
The dividend rating of BANK OF N.T. BUTTERFIELD&SON (NTB) is 8 / 10 and the dividend payout ratio is 33.73%.