Bank of N.T. Butterfield & Son (NTB) to Release Quarterly Earnings on Wednesday

Bank of N.T. Butterfield & Son (NYSE:NTB - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Bank of N.T. Butterfield & Son to post earnings of $1.03 per share and revenue of $140.89 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Bank of N.T. Butterfield & Son (NYSE:NTB - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The bank reported $1.34 EPS for the quarter, topping the consensus estimate of $1.17 by $0.17. Bank of N.T. Butterfield & Son had a net margin of 26.51% and a return on equity of 21.46%. On average, analysts expect Bank of N.T. Butterfield & Son to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Bank of N.T. Butterfield & Son Trading Up 0.6 %

NYSE NTB traded up $0.22 during trading hours on Friday, hitting $37.45. The company's stock had a trading volume of 137,015 shares, compared to its average volume of 190,739. Bank of N.T. Butterfield & Son has a twelve month low of $31.09 and a twelve month high of $41.88. The firm has a market capitalization of $1.78 billion, a P/E ratio of 7.93 and a beta of 0.82. The company has a quick ratio of 0.66, a current ratio of 0.63 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average of $38.11 and a 200 day moving average of $37.56.

Bank of N.T. Butterfield & Son Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Monday, February 24th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date was Monday, February 24th. Bank of N.T. Butterfield & Son's dividend payout ratio (DPR) is currently 37.29%.

Wall Street Analyst Weigh In

A number of research firms recently commented on NTB. Keefe, Bruyette & Woods upped their price objective on Bank of N.T. Butterfield & Son from $41.00 to $44.00 and gave the company a "market perform" rating in a report on Wednesday, February 12th. Wells Fargo & Company upped their price target on Bank of N.T. Butterfield & Son from $43.00 to $46.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $40.80.

Bank of N.T. Butterfield & Son Company Profile

The Bank of N.T. Butterfield & Son Ltd. provides community banking and wealth management business. The firm operates through the following geographical segments: Bermuda, the Cayman Islands, Channel Islands and the UK, and Other. The Bermuda and Cayman segments offer retail banking and wealth management.