BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Tops Q4 EPS by 13c, Revenues Beat

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Butterfield Reports Fourth Quarter and Full Year 2020 Results

February 10, 2021 4:30 PM EST

Financial highlights for the fourth quarter of 2020:

Net income of $42.1 million, or $0.84 per share, and core net income1 of $42.9 million, or $0.86 per share Return on average common equity of 16.9%, and core return on average tangible common equity1 of 19.0% Net interest margin of 2.25%, cost of deposits of 0.12% Board declares dividend for the quarter ended December 31, 2020 of $0.44 per share Board approves a new 2021 share repurchase program of up to 2.0 million common shares

Financial highlights for the full year... More