BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Misses Q2 EPS by 2c

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Go back to BANK OF N.T. BUTTERFIELD & SON LTD (NTB) Misses Q2 EPS by 2c

Butterfield Reports Second Quarter 2021 Results

July 26, 2021 4:30 PM EDT

Financial highlights for the second quarter of 2021:

Net income of $39.6 million, or $0.79 per share, and core net income1 of $40.1 million, or $0.80 per share Return on average common equity of 16.7% and core return on average tangible common equity1 of 18.7% Credit reserve release of $1.0 million primarily due to improved macroeconomic growth forecast Board declares dividend for the quarter ended June 30, 2021 of $0.44 per share

HAMILTON, Bermuda--(BUSINESS WIRE)-- The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE:... More