BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q4 EPS by 3c, Revenues Beat

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Butterfield Reports Fourth Quarter and Full Year 2018 Results

February 19, 2019 4:30 PM EST

Financial highlights for the fourth quarter of 2018:

Net income of $50.9 million, or $0.92 per share; Core net income1 of $51.1 million, or $0.92 per share; Return on average common equity of 23.4%; core return on average tangible common equity of 25.8%; Net interest margin of 3.38%; Board increases quarterly common share dividend by 16% to $0.44 per share; and Completed the previously announced one million common shares repurchase program and authorized a new repurchase... More