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Bank of NT Butterfield & Son ( (NTB) ) has issued an update.
Butterfield reported first-quarter 2026 net income of $62.6 million, or $1.53 per share, and core net income of $63.2 million, or $1.55 per share, with returns on average common equity of 22.1% and net interest margin of 2.75%. Results on March 31, 2026 were slightly lower than the seasonally strong prior quarter but ahead of a year earlier, supported by higher net interest income from lower deposit costs and improved investment yields.
Non-interest income fell versus the fourth quarter due to seasonal banking revenues but rose year on year on stronger trust fees and card volumes, while core non-interest expenses declined on lower professional, technology and property costs, improving efficiency. The bank maintained strong capital at a 26.9% regulatory ratio, raised tangible book value per share, continued capital returns via a $0.50 dividend and $42.4 million of buybacks, and closed its acquisition of Rawlinson & Hunter Guernsey on April 15, 2026 to scale its private trust franchise to $146 billion in assets under administration and support its M&A-led growth strategy.
The most recent analyst rating on (NTB) stock is a Hold with a $57.00 price target. To see the full list of analyst forecasts on Bank of NT Butterfield & Son stock, see the NTB Stock Forecast page.
Spark’s Take on NTB Stock
According to Spark, TipRanks’ AI Analyst, NTB is a Outperform.
NTB scores well primarily on financial strength (high profitability/returns, conservative balance sheet, dependable cash generation) and attractive valuation (low P/E with a solid dividend). The earnings call reinforced strong capital returns and asset-quality positioning, while the main constraints on the score are revenue volatility and near-term banking headwinds (modest NIM pressure, deposit outflows, and residual OCI losses).
To see Spark’s full report on NTB stock, click here.
More about Bank of NT Butterfield & Son
The Bank of N.T. Butterfield & Son Limited is a Bermuda-headquartered financial institution providing banking, wealth management and trust services across multiple offshore jurisdictions. Listed on the NYSE and BSX, the group focuses on island markets and international private trust clients, positioning itself as a leading player with significant assets under administration.
Average Trading Volume: 163,442
Technical Sentiment Signal: Buy
Current Market Cap: $2.23B
Learn more about NTB stock on TipRanks’ Stock Analysis page.