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NTBBank of N.T. Butterfield & Son Buy Wait5.8·$60.39-0.53%
Buy WaitModerate Confidence
Investment thesis

Bank of N.T. Butterfield offers attractive valuation at a forward price-to-earnings ratio of 8.3x and a PEG ratio of 0.34, with a perfect 4-quarter earnings beat streak and strong margins of 39%, but the stock has reached its analyst target and the negative asymmetry ratio leaves little room for new capital deployment.

Thesis pillars

  • Attractive Valuation Low PegStable
  • Perfect Earnings Beat Streak BankingStable
  • Strong Margins Superior Peer RankStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Bank of N.T. Butterfield & Son (NTB) Stock Analysis

Range Bound setup

Buy WaitVALUE-TRAP 1/5GrowthModerate Confidence

Financial Services · Banks - Diversified

Wait for pullback to $56.98. Weak momentum — blocks BUY_NOW at $60.39. Engine's entry $56.98 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.3% away).

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. The company offers retail and corporate checking, savings, and term deposits. It also provides lending products... Read more

$60.39-13.7% A.UpsideScore 5.8/10#5 of 19 Banks - Diversified
QualityF-score8 / 9FCF yield
IncomeYield3.28%(5y avg 5.02%)Payout33.62%sustainable
Entry $56.98(Default 5pct Sticky)Stop $54.79Target $61.21(resistance)A.R:R -2.7:1
Analyst target$61.33+1.6%3 analysts
$61.21our TP
$60.39price
$61.33mean
$60
$63

Wait for pullback to $56.98. Weak momentum — blocks BUY_NOW at $60.39. Engine's entry $56.98 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.3% away). Chart setup: RSI 55 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.8/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Jul 27, 2026· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Near 52-week high (3.3% away)
Negative momentum

Key Metrics

P/E (TTM)10.6
P/E (Fwd)8.6
Mkt Cap$2.4B
EV/EBITDA
Profit Mgn39.3%
ROE22.0%
Rev Growth4.3%
Beta0.49
Dividend3.28%
Rating analysts7

Quality Signals

Piotroski F8/9

Options Flow

P/C0.56bullish
IV61%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.4
Obv
1.0
Volume
2.5
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.1<4.5A.R:R -2.7=NEGATIVEInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
55 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $59.15Resistance $62.46

Price Targets

$55
$57
$61
A.Upside-13.7%
A.R:R-2.7:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-13.7% upside)
! NEWS_MOD=+2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! momentum at 3.1 (below the engine's 4.5 threshold)

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-27 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is NTB stock a buy right now?

Wait for pullback to $56.98. Weak momentum — blocks BUY_NOW at $60.39. Engine's entry $56.98 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.3% away). Chart setup: RSI 55 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $61.21 (+1.4%), stop $54.79 (−10.2%), A.R:R -2.7:1. Score 5.8/10, moderate confidence.

What is the NTB stock price target?

Take-profit target: $61.21 (-13.7% upside). Target $61.21 (+1.4%), stop $54.79 (−10.2%), A.R:R -2.7:1. Stop-loss: $54.79.

What are the risks of investing in NTB?

Analyst target reached - limited upside remaining; Near 52-week high (3.3% away); Negative momentum.

Is NTB overvalued or undervalued?

Bank of N.T. Butterfield & Son trades at a P/E of 10.6 (forward 8.6). TrendMatrix value score: 7.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about NTB?

7 analysts cover NTB with a consensus score of 3.7/5. Average price target: $61.

What does Bank of N.T. Butterfield & Son do?The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to...

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. The company offers retail and corporate checking, savings, and term deposits. It also provides lending products and services, including residential mortgage lending, automobile lending, credit cards, consumer financing, overdraft facilities to retail customers, commercial real estate lending, and commercial and industrial loans. In addition, the company offers cash and liquidity management, foreign exchange, custody administration, and settlement services. Further, it provides personal and business deposit services, residential and commercial mortgages, small and medium-sized enterprise and corporate loans, credit and debit cards, merchant acquiring, and mobile and internet banking services; and treasury services, wealth management, and fiduciary services. Additionally, the company offers discretionary investment management, managed portfolio services, money market, and mutual fund offerings, as well as advisory and self-directed brokerage options. It operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Hong Kong, Switzerland, Singapore, Mauritius, and Canada, as well as Bermuda. The Bank of N.T. Butterfield & Son Limited was founded in 1784 and is headquartered in Hamilton, Bermuda.

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