C vs NTB

Citigroup, Inc. vs Bank of N.T. Butterfield & Son — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — NTB scores higher on quality with 8.8/10 vs C's 7.9/10. C trades at $131.26 while NTB trades at $57.82. Both analyzed daily using SEC EDGAR data across 13 institutional models.

C

Banks - Diversified
Citigroup, Inc.
Quality
7.9
out of 10
Value Trap
26
LOW
Price
$131.26
Last close
Models
11/13
Active
VS

NTB

Banks - Diversified
Bank of N.T. Butterfield & Son
Quality
8.8
out of 10
Value Trap
12
SAFE
Price
$57.82
Last close
Models
11/13
Active
C
2 models active
Limited to 2/13 visible models
NTB
Earnings Power Value sees +58.3% upside
Limited to 2/13 visible models

C vs NTB — Fair Value Comparison

C
$0$52$103$155 Price$131.26 Bayesian …$113.38 (-13.6%) Earnings …$1.75 (-98.6%)
NTB
$0$36$72$108 Price$57.82 Bayesian …$71.24 (+23.2%) Earnings …$91.52 (+58.3%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType C Fair ValueC Upside NTB Fair ValueNTB Upside
Bayesian DCF Intrinsic $113.38 -13.6% $71.24 +23.2%
Earnings Power Value Intrinsic $1.75 -98.6% $91.52 +58.3%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

C vs NTB — Which Stock Is More Undervalued in 2026?

NTB scores higher with a 8.8/10 quality rating vs C's 7.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do C and NTB Valuations Compare?

At $131.26, C trades +13.6% above its Bayesian DCF fair value of $113.38, while NTB at $57.82 trades +23.2% below its estimate of $71.24. NTB shows a wider gap between price and intrinsic value.

Quality of Company: C vs NTB

C earns a Quality of Company score of 7.9/10 compared to NTB's 8.8/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: C vs NTB

C carries a LOW value trap risk (26/100) while NTB shows SAFE risk (12/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Banks - Diversified

Both C and NTB operate in Banks - Diversified, which has 17 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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C
View Full Citigroup, Inc. Analysis →
NTB
View Full Bank of N.T. Butterfield & Son Analysis →