Bank of N.T. Butterfield & Son (NTB) Tops Q4 EPS by 3c

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Go back to Bank of N.T. Butterfield & Son (NTB) Tops Q4 EPS by 3c

Butterfield Reports Fourth Quarter and Full Year 2021 Results

February 14, 2022 4:31 PM EST

Financial highlights for the fourth quarter of 2021:

Net income and core net income1 of $41.7 million, or $0.84 per share Return on average common equity of 17.1% and core return on average tangible common equity1 of 18.8% Net interest margin of 2.00%, cost of deposits of 0.12% Board declares dividend for the quarter ended December 31, 2021 of $0.44 per share and a new share repurchase program of up to 2.0 million common shares

Financial highlights for the full year 2021:

Net income of $162.7 million, or $3.26 per share, and... More