Bank of N.T. Butterfield & Son Ltd (NTB) — Defensive Interval Ratio

Latest as of March 2026: 101 days

Bank of N.T. Butterfield & Son Ltd (NTB) has a Defensive Interval Ratio of 101 days as of March 2026. Defensive assets of $3.59 Billion (cash $-, short-term investments $3.59 Billion, receivables $-) cover 101 days of daily cash needs of $35.66 Million/day. Check Bank of N.T. Butterfield & Son Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

101 days
Days of operational coverage

Defensive Assets

$3.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$35.66 Million
Current Liabilities ÷ 365

Current Liabilities

$13.01 Billion
USD

Bank of N.T. Butterfield & Son Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Bank of N.T. Butterfield & Son Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 101 days, meaning defensive assets of $3.59 Billion can fund 101 days of operations without new revenue. Also explore NTB net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of N.T. Butterfield & Son Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Bank of N.T. Butterfield & Son Ltd from 2012 to 2025, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is Bank of N.T. Butterfield & Son Ltd worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 77016 days $1.11 Billion $14.38K/day $- $1.10 Billion ▲ +76940 days
2024 76 days $2.67 Billion $35.17 Million/day $- $2.67 Billion ▲ +48 days
2023 28 days $639.13 Million $23.02 Million/day $- $639.13 Million ▼ -1418 days
2022 1446 days $1.10 Billion $761.64K/day $- $884.00 Million ▼ -122 days
2021 1567 days $1.36 Billion $865.75K/day $- $1.20 Billion ▲ +494 days
2020 1073 days $985.00 Million $917.81K/day $- $823.00 Million ▼ -53114 days
2019 54187 days $1.24 Billion $22.91K/day $- $1.22 Billion ▲ +48943 days
2018 5244 days $72.87 Million $13.90K/day $- $52.00 Million ▲ +5233 days
2017 11 days $274.92 Million $26.09 Million/day $- $250.00 Million ▼ -9 days
2016 20 days $542.78 Million $27.42 Million/day $- $520.00 Million ▼ -349589 days
2015 349609 days $2.63 Billion $7.52K/day $- $2.61 Billion ▲ +146336 days
2014 203273 days $2.65 Billion $13.02K/day $- $2.63 Billion ▲ +193336 days
2013 9937 days $104.13 Million $10.48K/day $- $104.13 Million ▲ +9704 days
2012 233 days $156.97 Million $673.99K/day $- $138.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)