NTBThe Bank of N.T. Butterfield & Son
NTB
The Bank of N.T. Butterfield & Son241
Mkt Cap
$2.22BVolume
113,151.0052W High
$53.8552W Low
$34.86PE Ratio
10.06NTB Fundamentals
Price
$53.40Prev Close
$53.08Open
$52.9950D MA
$50.32Beta
0.90Avg. Volume
160,900.10EPS (Annual)
$4.80P/B
1.95Rev/Employee
$624,892.04Poll
Earnings Recap
• Reported GAAP EPS of $1.58 up 15.33% YoY • Reported revenue of $158.9M up 4.61% YoY
Bullish
Butterfield achieved higher net income and increased non-interest income, supported by improved efficiency and robust capital management. Tangible book value per share also increased to $26.41.
Bearish
Butterfield experienced increased non-interest expenses and a sequential decrease in net interest margin to 2.69%. Gross non-accrual loans also increased to $91.3M, reflecting a rise in credit risk.