Bank of N.T. Butterfield & Son

The Bank of N.T. Butterfield & Son Ltd. provides community banking and wealth management business. It operates through the following geographical segments: Bermuda, the Cayman Islands, Guernsey, The Bahamas, Switzerland, and the United Kingdom. The Bermuda and the Cayman Islands segment offers a range of retail and corporate banking services to individuals,local businesses, captive insurers, reinsurance companies, trust companies, and hedge funds. The Guernsey, The Bahamas, and Switzerland Bank segment provides wealth management only. The United Kingdom segment gives wealth management to high net worth and ultra-high net worth individuals, family offices, and institutional and corporate clients. It also provides residential property lending services. The company was founded in 1858 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Bank of N.T. Butterfield & Son reports robust Q2 performance

Bank of N.T. Butterfield & Son delivered a strong Q2 performance with solid net income and core metrics. The company's conservatively managed balance sheet and focus on shareholder value creation are key strengths.
Challenges lie in managing expenses effectively and navigating potential economic uncertainties. However, opportunities for organic growth and strategic initiatives present avenues for further value creation.
Overall, Bank of N.T. Butterfield & Son remains well-positioned to capitalize on market opportunities, supported by its strong asset quality and commitment to enhancing shareholder value.

Bank of N.T. Butterfield & Son reports strong Q3 earnings

Bank of N.T. Butterfield & Son demonstrated robust financial performance in Q3 2024, driven by strong core earnings and effective cost management.
While facing challenges such as a slight decrease in net interest margin, the company's solid balance sheet and focus on loan asset quality position it well for future growth.
By capitalizing on opportunities to improve net interest margin and explore strategic investments, Butterfield can further enhance its financial position and shareholder value.

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While the top- and bottom-line numbers for Bank of NT Butterfield & Son (NTB) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Bank of NT Butterfield & Son (NTB) Reports Q2 Earnings: What Key Metrics Have to Say

Bank of NT Butterfield & Son (NTB) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.01 per share a year ago.

Bank of NT Butterfield & Son (NTB) Q2 Earnings and Revenues Lag Estimates

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the quarter ended June 30, 2023. Net income for the second quarter of 2023 was $61.0 million, or $1.22 per diluted common share, compared to net income of $62.2 million, or $1.24 per diluted common share, for the previous quarter and $49.1 million, or $0.99 per diluted common share, for the second quarter of 2022. Core ne.

Butterfield Reports Second Quarter 2023 Results

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HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB | BSX: NTB.BH) will release second quarter 2023 financial results following the close of the New York Stock Exchange on Monday, July 31, 2023. Earnings conference call: Tuesday, August 1, 2023 at 10:00 a.m. Eastern Time Dial-in information: +1 (800) 225-9448 (toll-free US) or +1 (203) 518-9708 (international) Conference ID: BUTTERFIELD Live audio webcast: A live audio webcast of the cal.

Butterfield to Announce Second Quarter 2023 Financial Results on July 31, 2023 and Host Earnings Conference Call on August 1, 2023

The consensus price target hints at a 25.1% upside potential for Bank of NT Butterfield & Son (NTB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 25.13% Upside in Bank of NT Butterfield & Son (NTB): Can the Stock Really Move This High?

After reaching an important support level, Bank of NT Butterfield & Son (NTB) could be a good stock pick from a technical perspective. NTB surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Bank of NT Butterfield & Son (NTB) Crossed Above the 20-Day Moving Average: What That Means for Investors

Bank of N.T. Butterfield & Son, a financial institution serving high and ultra-high-net-worth individuals in Bermuda, the Cayman Islands, and the Channel Islands, is currently being overlooked by the market in valuation terms. The bank has a solid financial position with a sound risk management approach, a loyal customer base, and limited competition due to high barriers to entry in its markets. Despite the positive macro environment for banks and NTB's strong position, the market is currently undervaluing the bank.

Bank Of N.T. Butterfield: A Resilient Bank That Is Being Overlooked

The consensus price target hints at a 31.2% upside potential for Bank of NT Butterfield & Son (NTB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Bank of NT Butterfield & Son (NTB) Could Surge 31.15%: Read This Before Placing a Bet

N.T. Butterfield, a Caribbean island banking company, fell sharply thanks to the broader industry's troubles. N.T. Butterfield has substantial losses on its investment securities, but investors have blown the risk far out of proportion. Actual operating profits are hitting record highs, and there has been no issue with the bank's deposit base.

Bank of N.T. Butterfield & Son: Great Bank At A Steep Discount

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“the Bank”) (BSX: NTB.BH) (NYSE: NTB) announced the results of the Shareholders' vote at the Bank's Annual General Meeting held in virtual format yesterday (May 24, 2023). Each of the proposals numbered 1 through 3 on the Meeting Agenda was approved by the requisite vote, including the re-election of Michael Collins, Alastair Barbour, Sonia Baxendale, Mark Lynch, Ingrid Pierce, Jana Schreuder, Michael Schrum, Pa.

Butterfield 2023 Annual General Meeting Voting Results

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The Bank of N.T. Butterfield & Son Limited (NTB) Q1 2023 Earnings Call Transcript.

The Bank of N.T. Butterfield & Son Limited (NTB) Q1 2023 Earnings Call Transcript

Bank of NT Butterfield & Son (NTB) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.90 per share a year ago.

Bank of NT Butterfield & Son (NTB) Surpasses Q1 Earnings and Revenue Estimates

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the quarter ended March 31, 2023. Net income for the first quarter of 2023 was $62.2 million, or $1.24 per diluted common share, compared to net income of $63.1 million, or $1.26 per diluted common share, for the previous quarter and $44.4 million, or $0.89 per diluted common share, for the first quarter of 2022. Core net.

Butterfield Reports First Quarter 2023 Results

Bank of NT Butterfield & Son (NTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bank of NT Butterfield & Son (NTB) Earnings Expected to Grow: Should You Buy?

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB | BSX: NTB.BH) will release first quarter 2023 financial results following the close of the New York Stock Exchange on Monday, April 24, 2023. Earnings conference call: Tuesday, April 25, 2023 at 10:00 a.m.

Butterfield to Announce First Quarter 2023 Financial Results on April 24, 2023 and Host Earnings Conference Call on April 25, 2023

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Bank of NT Butterfield & Son (NTB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Bank of NT Butterfield & Son (NTB) Soars 8.9%: Is Further Upside Left in the Stock?

The mean of analysts' price targets for Bank of NT Butterfield & Son (NTB) points to a 29.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Bank of NT Butterfield & Son (NTB) Could Rally 29.57%: Here's is How to Trade

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News for Bank of N.T. Butterfield & Son ETF (NTB)