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N.T. Butterfield reports Q3 core EPS $1.51, consensus $1.31

Reports Q3 revenue $153.9M, consensus $148.95M. The return on average common equity for the third quarter of 2025 was 22.5% compared to 20.3% for the previous quarter and 20.3% for the third quarter of 2024. The core return on average tangible common equity for the third quarter of 2025 was 25.5%, compared to 22.3% for the previous quarter and 22.5% for the third quarter of 2024. The efficiency ratio for the third quarter of 2025 was 57.7%, compared to 61.3% for the previous quarter and 60.3% for the third quarter of 2024. The core efficiency ratio for the third quarter of 2025 was 56.2% compared with 61.1% in the previous quarter and 60.2% for the third quarter of 2024.

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