BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q2 EPS by 15c
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Butterfield Reports Second Quarter 2020 Results
July 22, 2020 4:30 PM EDTFinancial highlights for the second quarter of 2020:
Net income of $34.3 million, or $0.67 per share and core net income1 of $34.4 million, or $0.67 per share Return on average common equity of 14.0% and core return on average tangible common equity1 of 15.5% Net interest margin of 2.48% Credit reserve build of $4.4 million Board declares a quarterly dividend of $0.44 per share Issued $100 million 5.25% 10-year fixed to floating rate subordinated debtHAMILTON, Bermuda--(BUSINESS WIRE)-- The Bank of N.T. Butterfield & Son Limited... More
