NTB The Bank of N.T. Butterfield & Son Limited

XNYS 60.05 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NTB $60.05 —
Key stats
$60.05
52-Week Range
$41.70 – $64.17
YTD
+20.84%
IV Rank (30D)
31.61
Straddle Price
$3.75
P/C Vol Ratio
0.04
Market Cap
$2.4B
Open
$59.90
Day Range
$59.65 – $60.30
Volume
49,415
Prev Close
$60.31
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.12%
Beta vs SPY0.82
Cost of Equity (CAPM)9.24% (VRP-adj)
WACC9.27%
Volatility Risk Premium+50.3pp (IV − HV30)
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Debt / Equity0.00
Quality Score1/6 — cyclical/struggling (5y DCF)
SMA 50$59.32 (Market Anchor value)
SMA 20 / Bollinger Mid$58.51
Bollinger Width / SMA207.8% (drives anchor stability)
Net Debt$-1.5B
Peers used for multiples: AXP, BAC, COF, FITB, JPM, PNC, USB, WFC
60-Day Conviction
17%
20-Day Fair Value
≈ by Nov 23, 2026
$59.96
α -0.1% rank 7%
conviction
7%
40-Day Fair Value
≈ by Dec 22, 2026
$60.64
α +1.0% rank 9%
conviction
33%
60-Day Fair Value
≈ by Jan 20, 2027
$60.28
α +0.4% rank 7%
conviction
17%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) $33.03 29%
Peer P/E n/a 0% median 12.4× · 8 peers
Peer EV/EBITDA n/a 0% median 16.6× · 8 peers
Peer P/B n/a 0% median 1.4× · 8 peers
Peer P/S n/a 0% median 2.3× · 8 peers
Market Anchor (SMA50) $59.32 71% stability 100% (BB-width)
Options Expected (B-L 30d) $61.56 0% 8 strikes · skew +0.61
As of 2026-10-23 · updated
About
Industry (SIC)
COMMERCIAL BANKS, NEC (6029) · industry map
Exchange
XNYS
Market Cap
$2.4B
Employees
1,315
List Date
2016-09-16
CIK
0001653242
Next Earnings
2026-10-27 (After-Close)
EPS Forecast
$1.55 (1 est.)
Homepage
https://www.butterfieldgroup.com

Bank of N.T Butterfield & Son Ltd is a full-service bank and wealth manager. It offers banking services, comprising retail and corporate banking, and wealth management services, which consist of trust, private banking, and asset management business. The company operates through four reportable segments: Bermuda, Cayman, Channel Islands and the UK, and Other. In its Bermuda and Cayman segments, the company offers retail banking and wealth management services. In the Channel Islands and the UK segment, the company offers retail and corporate banking and wealth management services, and the Other …

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-2.78%-5.17%5.90%-5.34%0.94%4.23%-0.37%
Feb17.86%1.61%11.82%-0.57%5.75%-3.88%5.43%
Mar1.78%-2.02%-25.10%7.46%0.13%2.36%-2.57%
Apr3.29%-10.20%-5.40%6.99%3.24%4.64%0.43%
May-4.07%-3.28%-3.09%-0.93%3.79%1.49%-1.01%
Jun-6.54%-0.26%5.64%4.90%3.94%6.04%2.29%
Jul-8.00%7.83%13.94%10.05%0.33%1.01%4.19%
Aug0.51%-2.97%-5.55%4.31%0.89%-5.26%-1.34%
Sep7.09%0.31%-7.89%-2.97%-3.36%-1.78%-1.43%
Oct-1.27%4.57%-5.92%1.08%8.59%2.91%*1.66%
Nov-0.59%1.13%9.60%3.21%-0.54%--2.56%
Dec2.34%-13.64%10.57%-3.54%5.44%--0.23%
Total7.42%-21.61%-2.92%26.05%32.61%11.71%8.88%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $58.57
SMA 50: $59.24
SMA 200: $56.51
Current: $60.02
EMA 12: $59.06
EMA 26: $58.95
MACD: 0.1081 | Signal: 0.2946
BEARISH
ADX (14): 22.37
WEAK TREND
+DI: 28.03
−DI: 21.41

Momentum Oscillators

RSI (14): 58.73
NEUTRAL
Stoch %K: 85.26
Stoch %D: 83.15
Williams %R: -19.47

Volume & Volatility

BB Upper: $60.04
BB Lower: $57.09
NEUTRAL
OBV: 7,681,290
Vol SMA 20: 137,066
Vol ROC: -34.20%
ATR: $1.01
True Range: $0.66
HV 20: 15.4%
HV 30: 14.0%
HV 60: 17.2%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis

LLM Stock Analysis Report

System Prompt: You are a professional financial analyst providing comprehensive stock analysis reports.

Executive Summary: BULLISH (Confidence Level: 7/10)

Key Drivers:

  • Technical indicators suggest a neutral trend with a slight bias towards the upside
  • Recent news headlines have been mostly neutral, with no significant bearish or bullish catalysts

Primary Risks:

  • Volatility remains low, which may impact trading opportunities
  • Earnings information not available, making it difficult to assess future performance

Investment Thesis: Buy NTB for a potential long-term gain, as the stock appears to be consolidating and preparing for an upward move.

Recent News Sentiment Impact: The positive sentiment from Butterfield's acquisition news has had some impact on the stock price, but the overall trend remains neutral.

Technical Analysis:

  • Trend Direction: Neutral (Short-term), Upside Bias (Medium-term), Long-term Trend Unknown
  • Support/Resistance Levels:
    • Upper Bollinger Band: $64.65
    • Middle Line: $60.61
    • Lower Bollinger Band: $56.57
  • Momentum Signals:
    • RSI: 58.36 (Neutral)
    • MACD: Bearish (Histogram: -0.39)
    • Bollinger Bands: Neutral
  • Volume Analysis: Volume SMA 20: 186790.14, On-Balance Volume (OBV): 8078302.78

News & Sentiment Analysis:

  • Recent Headlines Summary: News headlines have been mostly neutral, with no significant bearish or bullish catalysts.
  • Sentiment Assessment: Neutral
  • Catalyst Identification: None recent; Earnings information not available.

Risk & Volatility Assessment:

  • Beta Interpretation: Low (0.41 vs SPY)
  • Volatility Regime: Low volatility - stock moves less than market
  • Options Market Signals: IV Rank: 4.5% (Low), Current IV: 48.9%
  • Downside Protection: Support levels and risk management considerations

Market Context & Positioning:

  • Sector Performance: Not applicable (Financials)
  • Institutional Activity: Volume patterns suggesting institutional interest
  • Correlation Analysis: Low correlation with market (R-squared interpretation)
  • Relative Valuation: Position within trading range

Key Levels & Action Items:

  • Critical Price Levels: Support/resistance levels from Bollinger Bands and moving averages
  • Breakout/Breakdown Levels: None recent; Earnings information not available.
  • Time-Sensitive Catalysts: None recent; Earnings information not available.
  • Risk Management: Stop-loss levels and position sizing considerations

Note: This report is based on the data provided, which may not be comprehensive or up-to-date. The analysis is intended to provide a general overview of the stock's technical and fundamental performance.

Generated
News
All NTB news →

NTB Options Activity & IV Rank

NTB IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 28.2%
7-DTE IV: —
Expected Move: $3.75
7-DTE Move: $3.75
Days to Exp: 28 (2026-11-20)

Options Flow

Call Volume: 23
Put Volume: 1
P/C Volume: 0.043
BULLISH
Call OI: 14
Put OI: 3
P/C OI: 0.214
Total OI: 17

ATM Options Pricing

ATM Call: $2.02
ATM Put: $1.73
Call %: 3.4%
Put %: 2.9%

Chain Summary

Chain Volume: 108
Chain OI: 164
Last Updated: 10/23/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 3rd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
3%
vs own history
GEX tilt
-0.02
OI-weighted, today
Vanna tilt
+0.98
δ-sensitivity to IV
Charm tilt
-0.67
δ-decay vs time
Vanna tilt +0.98: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.67: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 3 ATM contracts, 0k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
No data
30 DTE / 10d —
— pts EXTREME
ATM 28.4% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)31.6MediumOct 23
Straddle Price (30 DTE)$3.75Oct 23
Beta Analysis

Risk Metrics

Beta: 0.3913
Alpha: 33.13%
Correlation: 0.2572
R-Squared: 6.6%
Stock Volatility: 19.4%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NTB
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$7.2M
0.00%
#1819 of 3716-41.0%13F
Renaissance Technologies Hedge fund
Jim Simons
$6.9M
0.01%
#1275 of 3138+203.9%13F
Citadel Hedge fund
Ken Griffin
$5.1M
0.00%
#2078 of 6285+156.8%13F
Point72 Hedge fund
Steve Cohen
$3.2M
0.00%
#1137 of 1945-46.8%13F
Rockefeller Capital Management Family office
Rockefeller family
$20K
0.00%
#3731 of 47290.0%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NTB Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 42,416,000 (as of 2025-12-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

257 filers29,712,663 shares$1.76B value70.05% of float
# Filer Shares Value % of Total % of Float Period
1 FMR LLC Custodian 2,562,626 $152.48M 8.68% 6.04% 2026-06-30
2 BlackRock, Inc. Custodian 2,386,844 $142.02M 8.08% 5.63% 2026-06-30
3 Rovida Investment Management Ltd 1,793,437 $106.71M 6.07% 4.23% 2026-06-30
4 American Century Companies, Inc. 1,725,376 $102.66M 5.84% 4.07% 2026-06-30
5 Dimensional Fund Advisors LP Custodian 1,597,818 $95.07M 5.41% 3.77% 2026-06-30
6 LSV ASSET MANAGEMENT 1,417,694 $84.35M 4.80% 3.34% 2026-06-30
7 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1,223,323 $72.79M 4.14% 2.88% 2026-06-30
8 Davis Selected Advisers 1,012,140 $60.22M 3.43% 2.39% 2026-06-30
9 Nuveen, LLC Custodian 881,934 $52.48M 2.99% 2.08% 2026-06-30
10 Invesco Ltd. Custodian 879,725 $52.34M 2.98% 2.07% 2026-06-30
11 Vanguard Portfolio Management LLC 750,389 $44.65M 2.54% 1.77% 2026-06-30
12 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 745,400 $44.35M 2.52% 1.76% 2026-06-30
13 State Street Corp 700,852 $41.70M 2.37% 1.65% 2026-06-30
14 Vanguard Group Inc Custodian 817,958 $40.75M 2.32% 1.93% 2025-12-31
15 Geode Capital Management, LLC Custodian 550,947 $32.78M 1.87% 1.30% 2026-06-30
16 JPMorgan Chase & Co Custodian 539,442 $32.11M 1.83% 1.27% 2026-06-30
17 Victory Capital Management Inc. 438,366 $26.08M 1.48% 1.03% 2026-06-30
18 ROYCE & ASSOCIATES LP 434,059 $25.83M 1.47% 1.02% 2026-06-30
19 FEDERATED HERMES, INC. 421,184 $25.06M 1.43% 0.99% 2026-06-30
20 AQR Capital Management, LLC Custodian 411,139 $24.46M 1.39% 0.97% 2026-06-30
21 Bragg Financial Advisors, Inc 370,899 $22.07M 1.26% 0.87% 2026-06-30
22 ACADIAN ASSET MANAGEMENT LLC 361,902 $21.53M 1.23% 0.85% 2026-06-30
23 Ameriprise Financial, Inc. Custodian 339,027 $20.17M 1.15% 0.80% 2026-06-30
24 Northern Trust Corp Custodian 316,039 $18.80M 1.07% 0.75% 2026-06-30
25 Morgan Stanley Custodian 310,108 $18.45M 1.05% 0.73% 2026-06-30
3 filers$672.35K notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $333.20K 49.56% 2026-06-30
2 Susquehanna International Group, LLP Custodian $333.20K 49.56% 2026-06-30
3 GROUP ONE TRADING LLC Custodian $5.95K 0.89% 2026-06-30
1 filers$5.95K notional
# Filer Notional Value % of Total Period
1 Simplex Trading, LLC Custodian $5.95K 100.00% 2026-06-30

NTB Insider Trading (Form 4)

Latest: 2026-10-05
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-05 Mark T Lynch Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-10-05 Meroe Sunhee Park Director Award (A) +1,052 $59.42 $62.5K EDGAR
2026-10-05 Stephen E Cummings Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-10-05 Jana R Schreuder Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-10-05 Alastair William Stewart Barbour Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-10-05 Andrew Michael Henton Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-10-05 Ingrid Pierce Director Award (A) +1,178 $59.42 $70.0K EDGAR
2026-08-27 Stephen E Cummings Director Grant (A) +44 RSU — EDGAR
2026-08-27 Andrew Ronald Burns Chief Risk Officer, Cayman Grant (A) +447 RSU — EDGAR
2026-08-27 Jane Pearce Managing Director, Trust Grant (A) +378 RSU — EDGAR
2026-08-27 Richard Saunders Managing Director, CIUK Grant (A) +369 RSU — EDGAR
2026-08-27 Michael McWatt Managing Director, Cayman Grant (A) +553 RSU — EDGAR
2026-08-27 Michael Sean Lee Head of Human Resources Grant (A) +94 RSU — EDGAR
2026-08-27 Jody Terence Feldman Managing Director, Bermuda Grant (A) +339 RSU — EDGAR
2026-08-27 Tara Hidalgo Chief Risk Officer Grant (A) +414 RSU — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NTB Insider Holdings

13 insiders · @ $60.02
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Michael Schrum Chief Financial Officer 275,247 $16.52M $0 3 2026-08-27
2 Mark T Lynch Director 235,972 $14.16M $564.9K 2 2026-10-05
3 Michael W Collins Chief Executive Officer 132,037 $7.92M -$16.31M 5 2026-08-27
4 Michael Walter Neff Chief Operating Officer 43,218 $2.59M -$350.1K 3 2026-08-27
5 Alastair William Stewart Barbour Director 26,105 $1.57M $0 1 2026-10-05
6 Jana R Schreuder Director 14,413 $865.1K $0 1 2026-10-05
7 Michael McWatt Managing Director, Cayman 13,544 $812.9K -$1.27M 4 2026-08-27
8 Ingrid Pierce Director 7,717 $463.2K $0 1 2026-10-05
9 Jody Terence Feldman Managing Director, Bermuda 5,713 $342.9K -$449.5K 3 2026-08-27
10 John R Wright Director 5,102 $306.2K -$297.5K 1 2026-08-05
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

NTB Board & Officers

As of SEC filings through Oct 5, 2026

Directors 8

Officers 11

Changes in the last 10 years (24)
May 29, 2026Richard Saunders listed as Managing Director, CIUK (previously Managing Director, UKCI) in SEC filings
May 29, 2026Michael W Collins no longer listed as a director in SEC filings
May 29, 2026Michael Schrum no longer listed as a director in SEC filings
Mar 31, 2026Tara Hidalgo became Chief Risk Officer
Mar 31, 2026Richard Saunders became Managing Director, UKCI
Mar 31, 2026Michael Walter Neff became Chief Operating Officer
Mar 31, 2026Michael W Collins became a director
Mar 31, 2026Michael W Collins became Chief Executive Officer
Mar 31, 2026Michael Sean Lee became Head of Human Resources
Mar 31, 2026Michael Schrum became a director
Mar 31, 2026Michael Schrum became Chief Financial Officer
Mar 31, 2026Michael McWatt became Managing Director, Cayman
Mar 31, 2026Meroe Sunhee Park became a director
Mar 31, 2026Mark T Lynch became a director
Mar 31, 2026Kevin Dallas became Head of Marketing
Mar 31, 2026John R Wright became a director
Mar 31, 2026Jody Terence Feldman became Managing Director, Bermuda
Mar 31, 2026Jane Pearce became Managing Director, Trust
Mar 31, 2026Jana R Schreuder became a director
Mar 31, 2026Ingrid Pierce became a director
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

NTB Proposed Insider Sales (Form 144)

Latest: 2026-08-26
Last 30d: 0 filings  ·  Last 90d: 10 filings · $20.0M notice value · 9 unique filers

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Collins Michael W (1, $13.2M) · McWatt Michael (2, $1.3M) · Hidalgo Tara (1, $1.1M) · Burns Andrew Ronald (1, $1.1M) · Saunders Richard (1, $1.1M)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-26 McWatt Michael EVP, MD Cayman 9,000 $526.0K 2026-08-26 Citigroup Global Markets, Inc — EDGAR
2026-08-18 Pearce Jane EVP, MD Trust 16,368 $1.04M 2026-08-18 Citigroup Global Markets, Inc — EDGAR
2026-08-17 Collins Michael W Chairman & CEO 207,037 $13.20M 2026-08-17 Citigroup Global Markets, Inc — EDGAR
2026-08-14 Neff Michael Walter EVP COO 5,500 $346.0K 2026-08-14 Citigroup Global Markets, Inc — EDGAR
2026-08-05 McWatt Michael Officer, EVP, MD Cayman 12,000 $744.0K 2026-08-05 Citigroup Global Markets, Inc. — EDGAR
2026-08-04 Wright John R Director 5,000 $290.0K 2026-08-04 Butterfield Asset Management — EDGAR
2026-07-31 Saunders Richard EVP, MD Channel Islands 18,118 $1.11M 2026-07-31 Citigroup Global Markets, Inc — EDGAR
2026-07-30 Hidalgo Tara EVP, Compliance 18,587 $1.14M 2026-07-30 Citigroup Global Markets, Inc — EDGAR
2026-07-30 Burns Andrew Ronald EVP, CRO Cayman Resources 18,566 $1.14M 2026-07-30 Citigroup Global Markets, Inc — EDGAR
2026-07-29 Feldman Jody Terence EVP, MD Bermuda 7,500 $450.0K 2026-07-29 Citigroup Global Markets, Inc — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
52 ETFs hold NTB
25 shown · $313.27M total exposure · 0.11% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 AVUV Avantis U.S. Small Cap Value ETF Avantis 0.28% $88.3M $31.5B 2026-10-21
2 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.09% $63.0M $74.2B 2026-10-21
3 DFAT Dimensional US Targeted Value ETF Dimensional 0.10% $30.0M — 2026-10-21
4 DFAS Dimensional US Small Cap ETF Dimensional 0.06% $19.3M — 2026-10-21
5 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.13% $17.5M $13.9B 2026-10-21
6 VTWO Vanguard Russell 2000 ETF Vanguard 0.08% $13.6M — 2026-09-30
7 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.01% $11.2M — 2026-10-21
8 DFMC Dimensional US Micro Cap ETF Dimensional 0.13% $10.1M — 2026-10-21
9 VYM Vanguard High Dividend Yield ETF Vanguard 0.01% $9.3M — 2026-09-30
10 DFNL Davis Select Financial ETF Nport 1.90% $9.1M — 2026-07-31
11 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.04% $5.6M $13.6B 2026-10-21
12 DINT Davis Select International ETF Nport 1.84% $5.4M — 2026-07-31
13 SMLF iShares U.S. Small-Cap Equity Factor ETF iShares (BlackRock) 0.10% $4.2M $4.2B 2026-10-21
14 AVSC Avantis U.S. Small Cap Equity ETF Avantis 0.13% $4.1M $3.1B 2026-10-21
15 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.01% $3.4M — 2026-10-21
16 SEIS SEI Select Small Cap ETF Nport 0.44% $2.5M — 2026-06-30
17 DXUV Dimensional US Vector Equity ETF Dimensional 0.04% $2.2M — 2026-10-21
18 AVUS Avantis U.S. Equity ETF Avantis 0.01% $2.1M $14.9B 2026-10-21
19 GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Goldman 0.20% $2.1M $1.0B 2026-10-21
20 DFUV Dimensional US Marketwide Value ETF Dimensional 0.01% $2.1M $15.8B 2026-10-21
21 JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF JPMorgan 0.30% $1.7M $572.6M 2026-10-22
22 VFMF Vanguard U.S. Multifactor ETF Vanguard 0.16% $1.7M — 2026-10-21
23 VTWV Vanguard Russell 2000 Value ETF Vanguard 0.12% $1.6M — 2026-09-30
24 VT Vanguard Total World Stock ETF Vanguard 0.00% $1.6M — 2026-09-30
25 PKW Invesco BuyBack Achievers ETF Invesco 0.09% $1.5M — 2026-10-21
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
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TTM Diluted EPS
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TTM Revenue
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TTM Net Income
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TTM Op. Cash Flow
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Quarterly figures (10 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q4 '252025-12-31$0.00———
Q4 '242024-12-31$0.00———
Q4 '232023-12-31$0.00———
Q4 '222022-12-31$0.00———
Q4 '212021-12-31$0.00———
Q4 '202020-12-31$0.00———
Q4 '192019-12-31$0.00———
Q4 '182018-12-31$0.00———
Q4 '172017-12-31$0.00———
Q4 '162016-12-31$0.00———
Q4 2025 • period ending 2025-12-31 • filed 2026-02-18
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
837.09K
SI % of Float
2.13%
Days to Cover
4.84
Short Vol Ratio
61.6%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22