HSBC vs NTB: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NTB (The Bank of N.T. Butterfield & Son Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HSBC offers the higher yield at 3.97%, NTB has the higher dividend-safety score, and NTB looks like the better value (its fair-value estimate is 67% above its share price).
Key facts: HSBC vs NTB
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, HSBC Holdings plc (HSBC) has the higher forward dividend yield at 3.97%, versus 3.41% for The Bank of N.T. Butterfield & Son Limited (NTB).
- As of Oct 18, 2026, SmarterDividends grades HSBC's dividend safety B (72/100) and NTB's A (85/100).
- As of Oct 18, 2026, HSBC pays out 54% of its earnings as dividends and NTB pays out 35%.
- As of Oct 18, 2026, HSBC's fair-value estimate is 44% above its share price and NTB's fair-value estimate is 67% above its share price, so NTB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSBC vs NTB: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hsbc-vs-ntb
| Metric | HSBC | NTB |
|---|---|---|
| Forward yield | 3.97% | 3.41% |
| Annual dividend | $3.75 | $2.00 |
| Payout ratio | 54% | 35% |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | -13.8% | 0.9% |
| 5-yr total return | 242% | 59% |
| Dividend safety score | 72 (B) | 85 (A) |
| Fair value estimate | $135.99 | $98.03 |
| Upside to fair value | +44% | +67% |
| Frequency | quarterly | quarterly |
| Market cap | $323.4B | $2.3B |
| P/E ratio | 13.5 | 10.3 |
Higher yield
HSBC
3.97%
Safer dividend
NTB
Grade A
Faster growth
NTB
0.9%
Better value
NTB
+67% upside
HSBC vs NTB — FAQ
Is HSBC or NTB a better dividend stock?
On the data, NTB wins more head-to-head categories (5 vs 3). HSBC offers the higher yield (3.97%), while NTB has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HSBC or NTB?
HSBC has the higher forward dividend yield at 3.97%, versus 3.41% for NTB.
Is HSBC or NTB safer?
NTB has the higher dividend-safety score (85/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is HSBC or NTB better value right now?
As of Oct 18, 2026, NTB looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For HSBC, its fair-value estimate is 44% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.