Stock Data
$0.25 (0.41%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - DIVERSIFIED
Bank of N.T. Butterfield & Son Ltd, headquartered in Hamilton, Bermuda, is a comprehensive financial institution founded in 1784. It offers a wide array of services including community, commercial, and private banking, catering to individuals and small to medium-sized businesses. The bank's offerings encompass checking and savings accounts, various lending options like mortgages and credit cards, and investment services. Additionally, it provides insurance products, foreign exchange, wealth management, and online banking solutions. With a global presence, the bank operates in locations such as the Cayman Islands, Guernsey, Jersey, the UK, The Bahamas, Switzerland, Singapore, Mauritius, Canada, Bermuda, and the Cayman Islands.
Bank of N.T. Butterfield beat earnings and revenue as it barrels toward a $1.79 billion CIBC Caribbean acquisition that could double its asset base to $29 billion by early 2027. Core net income jumped 19% year-over-year, stripping out $16.9 million in acquisition-related expenses that temporarily weighed on headline numbers.
Bank of N.T. Butterfield reports Q2 earnings after the close with Bermuda's banking sector under a recent upgrade spotlight from S&P.
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