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Bank of NT Butterfield & Son ( (NTB) ) has provided an update.
On February 10, 2025, Butterfield reported its financial results for the fourth quarter and full year of 2024, revealing a net income of $216.3 million for the year. The bank’s performance was underpinned by strong returns from diversified fee income and effective capital management, despite a slight decrease in net income compared to 2023. The fourth quarter saw a notable increase in non-interest income driven by seasonal factors and increased asset management fees, contributing to improved efficiency ratios. Butterfield also announced a new share repurchase authorization, reflecting its commitment to shareholder value.
More about Bank of NT Butterfield & Son
The Bank of N.T. Butterfield & Son Limited, commonly referred to as Butterfield, operates within the banking and financial services industry. The company provides services such as banking, investment management, and treasury operations, primarily focusing on markets in Bermuda and the Channel Islands.
YTD Price Performance: 4.48%
Average Trading Volume: 183,057
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.78B
Find detailed analytics on NTB stock on TipRanks’ Stock Analysis page.
