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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of N.T. Butterfield & Son in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1 year price targets for Bank of N.T. Butterfield & Son's shares. Their NTB share price targets range from $29.00 to $40.00. On average, they expect the company's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 11.1% 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 stock has decreased by 5.8% and is now trading at $30.16. View the best growth stocks for 2024 here .

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 results on Tuesday, February, 13th. The bank reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The bank had revenue of $146.90 million for the quarter, compared to analysts' expectations of $141.34 million. Bank of N.T. Butterfield & Son had a trailing twelve-month return on equity of 24.29% and a net margin of 29.60%. During the same period last year, the business posted $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. Investors of record on Monday, February 26th will be given a dividend of $0.44 per share on Monday, March 11th. This represents a $1.76 annualized dividend and a yield of 5.84%. 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 5.70%. 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 38.10% 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?

ETFs with the largest weight of Bank of N.T. Butterfield & Son (NYSE:NTB) stock in their portfolio include Davis Select International ETF (DINT) , Davis Select Financial ETF (DFNL) and Invesco KBW High Dividend Yield Financial ETF (KBWD) . Davis Select Worldwide ETF (DWLD) .

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 many different institutional and retail investors. Top institutional shareholders include First Hawaiian Bank (0.05%).

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 .

NYSE:NTB

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

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Free NTB Stock Alerts

$30.16

-0.45 (-1.47%)

(As of 04/17/2024 ET)

Compare

Today's Range: $30.07
▼
$30.83
50-Day Range: $29.27
▼
$32.12
52-Week Range: $22.93
▼
$33.80

Volume: 196,202 shs
Average Volume: 211,589 shs
Market Capitalization: $1.52 billion

P/E Ratio: 6.61
Dividend Yield: 5.84%
Price Target: $33.50

Get Bank of N.T. Butterfield & Son alerts:

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

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 11.1% Upside
$33.50 Price Target
Short Interest: Healthy
0.55% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.13
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.14%
From $4.12 to $4.62 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.

3.56 out of 5 stars

Finance Sector

538th out of 824 stocks

Commercial Banks, Not Elsewhere Classified Industry

20th out of 27 stocks

2.5

Analyst's Opinion

Consensus Rating
Bank of N.T. Butterfield & Son has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Bank of N.T. Butterfield & Son has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.55% of the float of Bank of N.T. Butterfield & Son has been sold short.
Short Interest Ratio / Days to Cover
Bank of N.T. Butterfield & Son has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Bank of N.T. Butterfield & Son has recently decreased by 12.66%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Bank of N.T. Butterfield & Son is a leading dividend payer. It pays a dividend yield of 5.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bank of N.T. Butterfield & Son does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Bank of N.T. Butterfield & Son is 38.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bank of N.T. Butterfield & Son will have a dividend payout ratio of 38.10% next year. This indicates that Bank of N.T. Butterfield & Son will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NTB.

1.0

News and Social Media Coverage

News Sentiment
Bank of N.T. Butterfield & Son has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Bank of N.T. Butterfield & Son this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for NTB on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Bank of N.T. Butterfield & Son to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bank of N.T. Butterfield & Son insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.19% of the stock of Bank of N.T. Butterfield & Son is held by insiders.
Percentage Held by Institutions
62.73% of the stock of Bank of N.T. Butterfield & Son is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Bank of N.T. Butterfield & Son are expected to grow by 12.14% in the coming year, from $4.12 to $4.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of N.T. Butterfield & Son is 6.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of N.T. Butterfield & Son is 6.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.92.
Price to Book Value per Share Ratio
Bank of N.T. Butterfield & Son has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NTB Stock News Headlines

April 17, 2024 | finance.yahoo.com

The Bank of N.T. Butterfield & Son Limited (NTB)

April 16, 2024 | americanbankingnews.com

Bank of N.T. Butterfield & Son (NTB) Scheduled to Post Earnings on Tuesday

April 17, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | americanbankingnews.com

Reviewing Bank of N.T. Butterfield & Son (NYSE:NTB) & Alior Bank (OTCMKTS:ALORY)

April 6, 2024 | fool.com

2 Under-the-Radar Stocks Way Too Cheap to Ignore

April 5, 2024 | markets.businessinsider.com

Bank of N T Butterfield & Son Ltd hosts conference call for investors

March 21, 2024 | businesswire.com

Butterfield to Announce First Quarter 2024 Financial Results on April 23, 2024 and Host Earnings Conference Call on April 24, 2024

March 16, 2024 | finance.yahoo.com

Does Bank of N.T. Butterfield & Son (NYSE:NTB) Deserve A Spot On Your Watchlist?

April 17, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 15, 2024 | finance.yahoo.com

NTB Jul 2024 22.500 put

March 15, 2024 | businesswire.com

Butterfield Appoints General Counsel Following Retirement

March 14, 2024 | msn.com

Market Cap Game Show: Andy Cross vs. Emily Flippen

March 11, 2024 | markets.businessinsider.com

Bank of N.T Butterfield: The Protector of Consistency and Investor Benefits

February 26, 2024 | msn.com

The Bank of N.T. Butterfield & Son files for mixed shelf offering

February 18, 2024 | msn.com

Bank of N.T. Butterfield & Son (NTB) Declares $0.44 Dividend

February 18, 2024 | finance.yahoo.com

Why You Might Be Interested In The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) For Its Upcoming Dividend

February 15, 2024 | markets.businessinsider.com

Optimistic Outlook for Bank of NT Butterfield & Son Amid Strong Revenue and Capital Position

February 15, 2024 | investorplace.com

7 Small-Cap Stocks With Significant Upside Potential in 2024

February 15, 2024 | finance.yahoo.com

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Annual Results: Here's What Analysts Are Forecasting For This Year

February 14, 2024 | finance.yahoo.com

Bank of N.T. Butterfield & Son Full Year 2023 Earnings: In Line With Expectations

February 14, 2024 | finance.yahoo.com

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Q4 2023 Earnings Call Transcript

February 13, 2024 | msn.com

The Bank of N.T. Butterfield & Son declares $0.44 dividend

February 13, 2024 | finanznachrichten.de

The Bank of N.T. Butterfield & Son Limited Reports Fourth Quarter and Full Year 2023 Results

February 13, 2024 | finance.yahoo.com

Bank of NT Butterfield & Son (NTB) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

February 12, 2024 | finance.yahoo.com

Chris Davis Trims Stake in Bank of N.T Butterfield & Son Ltd

February 11, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Bank of N T Butterfield Son's earnings report

February 9, 2024 | benzinga.com

Earnings Preview: Bank of N.T Butterfield

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: 4/17/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:NTB
CUSIP: N/A
CIK: 1653242
Web: www.bm.butterfieldgroup.com
Phone: (441) 295-1111
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: +9.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.56
Trailing P/E Ratio: 6.71
Forward P/E Ratio: 7.43
P/E Growth: N/A
Net Income: $225.49 million
Net Margins: 29.60%
Pretax Margin: 29.70%
Return on Equity: 24.29%
Return on Assets: 1.72%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 0.63
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $761.76 million
Price / Sales: 2.02
Cash Flow: $5.28 per share
Price / Cash Flow: 5.80
Book Value: $19.97 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 50,250,000
Free Float: 49,651,000
Market Cap: $1.54 billion
Optionable: Not Optionable
Beta: 1.29

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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
Ms. Bri Hidalgo (Age 43)
Group Head of Compliance & Operational Risk
Mr. Simon Des-Etages
General Counsel & Group Chief Legal Officer
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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NTB Stock Analysis - Frequently Asked Questions

Should I buy or sell Bank of N.T. Butterfield & Son stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of N.T. Butterfield & Son in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1 year price targets for Bank of N.T. Butterfield & Son's shares. Their NTB share price targets range from $29.00 to $40.00. On average, they expect the company's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 11.1% 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 stock has decreased by 5.8% and is now trading at $30.16.
View the best growth stocks for 2024 here.
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 results on Tuesday, February, 13th. The bank reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The bank had revenue of $146.90 million for the quarter, compared to analysts' expectations of $141.34 million. Bank of N.T. Butterfield & Son had a trailing twelve-month return on equity of 24.29% and a net margin of 29.60%. During the same period last year, the business posted $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. Investors of record on Monday, February 26th will be given a dividend of $0.44 per share on Monday, March 11th. This represents a $1.76 annualized dividend and a yield of 5.84%. 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 5.70%. 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 38.10% 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?: ETFs with the largest weight of Bank of N.T. Butterfield & Son (NYSE:NTB) stock in their portfolio include Davis Select International ETF (DINT), Davis Select Financial ETF (DFNL) and Invesco KBW High Dividend Yield Financial ETF (KBWD).Davis Select Worldwide ETF (DWLD).
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 many different institutional and retail investors. Top institutional shareholders include First Hawaiian Bank (0.05%).
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 4/17/2024 by MarketBeat.com Staff

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