Bank of N.T. Butterfield & Son (NTB) Tops Q2 EPS by 6c

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Go back to Bank of N.T. Butterfield & Son (NTB) Tops Q2 EPS by 6c

Butterfield Reports Second Quarter 2022 Results

July 25, 2022 4:30 PM EDT

Financial highlights for the second quarter of 2022:

Net income of $49.1 million, or $0.99 per share, and core net income1 of $50.2 million, or $1.01 per share Return on average common equity of 24.5% and core return on average tangible common equity1 of 27.8% Net interest margin of 2.26%, cost of deposits of 0.16% Board declares dividend for the quarter ended June 30, 2022 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: NTB) today... More