The Bank of N.T. Butterfield & Son Limited
The Bank of N.T. Butterfield & Son Limited (NYSE: NTB) is trading at $58.43, about ₹5,613 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.63% today. Indian residents can buy The Bank of N.T. Butterfield & Son from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$58.06
Today's high
$58.80
52 week low
$40.59
52 week high
$64.17
NTB opened at $58.76, closed previously at $58.80, and has traded between $40.59 and $64.17 over the past 52 weeks.
About
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.
Key statistics
Avg. volume
191.16K
Market cap
$2.31B
P/E Ratio
10.07
Price-to-sales ratio
3.22
Enterprise value
$507.55M
Free cash flow yield
12.28%
Debt-to-equity ratio
0.03
Return on equity
20.31%
ROIC
1.65%
Beta
0.49
Dividend yield
3.42%
Last dividend
$2.00
Financial overview
Revenue
$799.84M
Earnings per share
$5.61
Free cash flow
$254.81M
Net profit margin
32.58%
Gross margin
86.90%
EBITDA
$266.79M
Revenue growth
-2.04%
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This is not an investment recommendation
How to buy The Bank of N.T. Butterfield & Son from India
Indian residents can buy The Bank of N.T. Butterfield & Son shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for The Bank of N.T. Butterfield & Son and place an order
Find The Bank of N.T. Butterfield & Son by name or by its ticker, NTB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Bank of N.T. Butterfield & Son trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Bank of N.T. Butterfield & Son position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in The Bank of N.T. Butterfield & Son from India
Trading and taxes when buying The Bank of N.T. Butterfield & Son from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The Bank of N.T. Butterfield & Son’s current yield is 3.42%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy The Bank of N.T. Butterfield & Son stock?
Yes. The Bank of N.T. Butterfield & Son (NTB) has been listed on the New York Stock Exchange since 2016, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one The Bank of N.T. Butterfield & Son share cost in rupees?
One The Bank of N.T. Butterfield & Son share is $58.43 — about ₹5,613 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the The Bank of N.T. Butterfield & Son price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying The Bank of N.T. Butterfield & Son from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of The Bank of N.T. Butterfield & Son?
Yes. One The Bank of N.T. Butterfield & Son share is $58.43, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in The Bank of N.T. Butterfield & Son.
How are gains on The Bank of N.T. Butterfield & Son shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the The Bank of N.T. Butterfield & Son price. Paasa issues a capital-gains statement for your return.
Does The Bank of N.T. Butterfield & Son pay a dividend, and how is it taxed in India?
Yes. The Bank of N.T. Butterfield & Son pays a dividend and the current yield is 3.42%; the last declared dividend was $2.00 per share, about ₹192.12. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade The Bank of N.T. Butterfield & Son from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is The Bank of N.T. Butterfield & Son a United States company, and does that change how it is taxed?
The Bank of N.T. Butterfield & Son trades on the New York Stock Exchange in US dollars, but the company is domiciled in Bermuda. The Bank of N.T. Butterfield & Son trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare The Bank of N.T. Butterfield & Son shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your The Bank of N.T. Butterfield & Son holding, its cost and its closing value.
How do I sell The Bank of N.T. Butterfield & Son and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.