Bank of NT Butterfield (NTB) Tops Q3 EPS by 10c

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Go back to Bank of NT Butterfield (NTB) Tops Q3 EPS by 10c

Butterfield Reports Third Quarter Results

October 25, 2016 4:30 PM EDT

Q3 2016 net income of $24.0 million, down $4.8 million (16.5%) over Q3 2015 Q3 2016 core earnings(1) of $33.4 million, up $4.1 million (14.1%) over Q3 2015 Diluted earnings per share of $0.41, down $0.11 from $0.52 in Q3 2015(2)(3) Core earnings per share of $0.60, up $0.07 from $0.53 in Q3 2015(1)(2)(3) Asset quality resilient, with non-accrual loans at 1.7% of total gross loans, slightly increased from year-end 2015 Strong capital position with Common Equity Tier 1 Capital Ratio at 16.1% and Total Capital Ratio at 22.9%... More