BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q1 EPS by 7c, Revenues Beat; Agrees to Acquire ABN AMRO Ltd. from ABN AMRO Group
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Go back to BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q1 EPS by 7c, Revenues Beat; Agrees to Acquire ABN AMRO Ltd. from ABN AMRO Group
April 25, 2019 6:00 AM EDT
Net income of $52.1 million, or $0.96 per share;
Core net income1 of $51.7 million, or
$0.95 per share;
Return on average common equity of 23.7%; core return on average
tangible common equity1 of 25.6%;
Board declares a dividend for the quarter ended March 31, 2019 of
$0.44Â per share;
Completed integration and onboarding of clients and employees in
Channel Islands from Deutsche Bank acquisition;
Announced agreement today to acquire ABN AMRO (Channel Islands)... More
April 25, 2019 6:00 AM EDT
Combines Two Leading Banking Operations in Channel Islands
HAMILTON, Bermuda--(BUSINESS WIRE)--
The Bank of N.T. Butterfield & Son Limited (Butterfield) (NYSE: NTB)
(BSX: NTB.BH), a leading offshore bank and trust company headquartered
in Bermuda with significant operations in the Cayman Islands and Channel
Islands, today announced that it has entered into a definitive agreement
to acquire ABN AMRO (Channel Islands) Limited (ABN AMRO Channel
Islands), the Channel Islands-based banking business of ABN AMRO Bank
N.V. through its wholly owned subsidiary, Butterfield Bank (Guernsey)
Limited, a company incorporated in Guernsey... More
