Butterfield reported FY 2025 net income of USD 231.9 million, up 7.2%, with diluted EPS of USD 5.47 and basic EPS of USD 5.61. Net revenue was USD 607.0 million (+4.4%), including net interest income before provision for credit losses of USD 364.1 million (+3.7%) and non-interest income of USD 242.9 million (+5.6%); net interest margin was 2.69% (up 5 basis points). Total non-interest expenses were USD 368.8 million (+2.7%), including USD 5.6 million of non-core expenses; the core efficiency ratio improved to 58.5% from 60.0%. At December 31, 2025, total assets were USD 14.09 billion, loans were USD 4.38 billion and deposits were USD 12.70 billion; gross non-accrual loans were USD 91.3 million (2.1% of total gross loans). Butterfield ended 2025 with a CET1 ratio of 27.6% and a total capital ratio of 27.8%, and no outstanding long-term debt after redeeming its USD 100 million subordinated notes in June 2025. The bank paid common dividends of USD 77.7 million (USD 1.88 per share) and repurchased 3.53 million shares for USD 146.69 million (average cost USD 41.59), and approved a new repurchase program for up to 3.0 million shares through December 31, 2026. Management said results reflected deposit costs falling faster than loan and treasury yields and higher non-interest income, partly offset by higher expenses, including costs tied to senior executive departures and group-wide voluntary early retirement and redundancy programs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of N. T. Butterfield & Son Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001653242-26-000006), on February 18, 2026, and is solely responsible for the information contained therein.