BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q4 EPS by 2c, Revenues Beat

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Go back to BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q4 EPS by 2c, Revenues Beat

Butterfield Reports Fourth Quarter and Full Year 2019 Results

February 12, 2020 4:30 PM EST

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 share Return 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 share Completed the previously announced 2.5 million common share repurchase program and authorized a new repurchase program of up to 3.5 million common shares

HAMILTON, Bermuda--(BUSINESS... More