BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Misses Q3 EPS by 7c, Slight Beat on Revenues

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Butterfield Reports Third Quarter 2018 Results

October 23, 2018 4:30 PM EDT

Net income of $50.4 million, or $0.90 per share; Core net income1 of $49.1 million, or $0.88 per share; Return on average common equity of 23.2%; core return on average tangible common equity1 of 24.9%; Net interest margin of 3.37%; Board declares a dividend for the quarter ended September 30, 2018 of $0.38 per common share; James Burr appointed Lead Independent Director following retirement of David Zwiener.

HAMILTON, Bermuda--(BUSINESS WIRE)-- The Bank of N.T.... More