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DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
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Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
NYSE:NTB

Bank of N.T. Butterfield & Son (NTB) Stock Price, News & Analysis

$32.00
+0.24 (+0.76%)
(As of 03/28/2024 ET)
Today's Range
$31.60
$32.01
50-Day Range
$29.27
$31.76
52-Week Range
$22.93
$33.80
Volume
248,627 shs
Average Volume
189,195 shs
Market Capitalization
$1.61 billion
P/E Ratio
7.02
Dividend Yield
5.50%
Price Target
$33.50

Bank of N.T. Butterfield & Son MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.7% Upside
$33.50 Price Target
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.89%
From $4.12 to $4.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Finance Sector

642nd out of 872 stocks

Commercial Banks, Not Elsewhere Classified Industry

24th out of 28 stocks

NTB stock logo

About Bank of N.T. Butterfield & Son Stock (NYSE:NTB)

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. It accepts retail and corporate checking, savings, term, and interest bearing and non-interest bearing deposits. The company's lending portfolio includes residential mortgage lending, automobile lending, consumer financing, credit cards, overdraft facilities, commercial real estate lending, and commercial and industrial loans, as well as overdraft facilities to commercial and corporate customers. It also offers investment products and services; and cash and liquidity management, foreign exchange, custody administration, and settlement services. In addition, the company provides personal and property/auto insurance products; letters of credit; and cash management, payroll, remote banking, money market, advisory, brokerage, trust, estate, company management, wealth management, and fiduciary services. Further, it offers debit and credit cards; automated teller machines; and personal and business deposit, merchant acquiring, residential and commercial mortgages, and mobile and internet banking services. The company operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Switzerland, Singapore, Mauritius, and Canada. It also operates in Bermuda and the Cayman Islands. The company was founded in 1784 and is headquartered in Hamilton, Bermuda.

NTB Stock Price History

NTB Stock News Headlines

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Earnings Preview: Bank of N.T Butterfield
Deutsche Bank (DB) Q4 Earnings Top Estimates
Butterfield Announces Senior Management Appointments
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/11 Dividend
2/23/2024
Dividend Payable
3/11/2024
Today
3/29/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
1,334
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.50
High Stock Price Target
$40.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+4.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$225.49 million
Pretax Margin
29.70%

Debt

Sales & Book Value

Annual Sales
$761.76 million
Cash Flow
$5.37 per share
Book Value
$19.97 per share

Miscellaneous

Free Float
49,651,000
Market Cap
$1.61 billion
Optionable
Not Optionable
Beta
1.28
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Key Executives

  • Mr. Michael W. Collins (Age 61)
    Chairman & CEO
  • Mr. Michael L. Schrum (Age 56)
    President, Group Chief Risk Officer & Executive Director
  • Mr. Craig Bridgewater (Age 54)
    Group Chief Financial Officer
  • Mr. Michael Neff (Age 61)
    Group Chief Operating Officer
  • Noah Fields
    Head of Investor Relations
  • Mr. Shaun Morris (Age 64)
    Group Chief Legal Officer & General Counsel
  • Ms. Bri Hidalgo (Age 43)
    Group Head of Compliance & Operational Risk
  • Mr. Kevin Dallas (Age 44)
    Group Chief Experience Officer and Group Head of Marketing & Communications
  • Mr. Andrew Burns (Age 46)
    Executive VP & Group Head of Human Resources
  • Mr. Michael A. McWatt (Age 59)
    Managing Director of Butterfield Bank (Cayman) Limited

NTB Stock Analysis - Frequently Asked Questions

Should I buy or sell Bank of N.T. Butterfield & Son stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of N.T. Butterfield & Son in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NTB shares.
View NTB analyst ratings
or view top-rated stocks.

What is Bank of N.T. Butterfield & Son's stock price target for 2024?

4 brokers have issued twelve-month price objectives for Bank of N.T. Butterfield & Son's stock. Their NTB share price targets range from $29.00 to $40.00. On average, they expect the company's share price to reach $33.50 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for NTB
or view top-rated stocks among Wall Street analysts.

How have NTB shares performed in 2024?

Bank of N.T. Butterfield & Son's stock was trading at $32.01 on January 1st, 2024. Since then, NTB shares have decreased by 0.0% and is now trading at $32.00.
View the best growth stocks for 2024 here
.

Are investors shorting Bank of N.T. Butterfield & Son?

Bank of N.T. Butterfield & Son saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 298,500 shares, a decrease of 54.7% from the January 31st total of 658,700 shares. Based on an average trading volume of 235,600 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.6% of the shares of the company are sold short.
View Bank of N.T. Butterfield & Son's Short Interest
.

When is Bank of N.T. Butterfield & Son's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our NTB earnings forecast
.

How can I listen to Bank of N.T. Butterfield & Son's earnings call?

Bank of N.T. Butterfield & Son will be holding an earnings conference call on Wednesday, April 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Bank of N.T. Butterfield & Son's earnings last quarter?

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) issued its quarterly earnings data on Tuesday, February, 13th. The bank reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The bank earned $146.90 million during the quarter, compared to analyst estimates of $141.34 million. Bank of N.T. Butterfield & Son had a net margin of 29.60% and a trailing twelve-month return on equity of 24.29%. During the same period last year, the company earned $1.27 EPS.

How often does Bank of N.T. Butterfield & Son pay dividends? What is the dividend yield for Bank of N.T. Butterfield & Son?

Bank of N.T. Butterfield & Son declared a quarterly dividend on Monday, February 12th. Shareholders of record on Monday, February 26th will be paid a dividend of $0.44 per share on Monday, March 11th. This represents a $1.76 annualized dividend and a yield of 5.50%. The ex-dividend date of this dividend is Friday, February 23rd.
Read our dividend analysis for NTB
.

Is Bank of N.T. Butterfield & Son a good dividend stock?

Bank of N.T. Butterfield & Son (NYSE:NTB) pays an annual dividend of $1.76 per share and currently has a dividend yield of 5.54%. NTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NTB will have a dividend payout ratio of 38.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTB.

What ETFs hold Bank of N.T. Butterfield & Son's stock?
What other stocks do shareholders of Bank of N.T. Butterfield & Son own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of N.T. Butterfield & Son investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and First Data (FDC).

When did Bank of N.T. Butterfield & Son IPO?

Bank of N.T. Butterfield & Son (NTB) raised $249 million in an initial public offering on Friday, September 16th 2016. The company issued 10,600,000 shares at a price of $22.00-$25.00 per share. Goldman Sachs, Citigroup and Sandler O'Neill + Partners served as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company), Raymond James and Wells Fargo Securities were co-managers.

Who are Bank of N.T. Butterfield & Son's major shareholders?

Bank of N.T. Butterfield & Son's stock is owned by a number of retail and institutional investors. Top institutional investors include Hotchkis & Wiley Capital Management LLC (3.41%), Nuveen Asset Management LLC (3.41%), Dimensional Fund Advisors LP (2.89%), Vanguard Group Inc. (1.71%), Vanguard Group Inc. (1.71%) and Vaughan Nelson Investment Management L.P. (1.33%).

How do I buy shares of Bank of N.T. Butterfield & Son?

Shares of NTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NTB) was last updated on 3/29/2024 by MarketBeat.com Staff

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