Butterfield Maintains Strong Q1 Earnings and Dividend
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Butterfield Maintains Strong Q1 Earnings and Dividend

Bank of N.T. Butterfield & Son (NTB) has released an update.

The Bank of N.T. Butterfield & Son reported stable first-quarter earnings in 2024, with a net income of $53.4 million, or $1.13 per share, and a core net income of $55.0 million, or $1.17 per share. Despite a slight decrease in net interest margin and non-interest income compared to the previous quarter, the Bank declared a consistent dividend of $0.44 per share. The results reflect Butterfield’s robust balance sheet and efficient capital management, with anticipated continued profitability across economic cycles.

For further insights into NTB stock, check out TipRanks’ Stock Analysis page.

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