Butterfield Reports Fourth Quarter and Full Year 2019 Results
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BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q4 EPS by 2c, Revenues Beat
February 12, 2020 4:37 PM ESTBANK OF N.T. BUTTERFIELD & SON LTD (NYSE: NTB) reported Q4 EPS of $0.87, $0.02 better than the analyst estimate of $0.85. Revenue for the quarter came in at $135.9 million versus the consensus estimate of $131.93 million.
Financial highlights for the fourth quarter of 2019:
Net income of $43.9 million, or $0.82 per share and core net income1 of $46.2 million, or $0.87 per shareReturn on average common equity of 18.0% and core return on average tangible common equity1 of 21.1%Net interest margin of 2.59%Board declares a dividend for the quarter ended December 31, 2019 of $0.44 per shareCompleted the... More