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S&P 500   4,205.45
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The Graphite Shortage Story You're Not Being Told (Ad)
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Arista Networks Soars As Investors Spot Opportunity After Selloff
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
The Graphite Shortage Story You're Not Being Told (Ad)
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Workday: Another AI Winner Melting-Up 
The Graphite Shortage Story You're Not Being Told (Ad)
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The Graphite Shortage Story You're Not Being Told (Ad)
Keep An Eye On These 5 Small-Cap AI Companies
Arista Networks Soars As Investors Spot Opportunity After Selloff
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Did SOFI Technologies Deserve a Price Target Cut to $2.50?
The Graphite Shortage Story You're Not Being Told (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
Workday: Another AI Winner Melting-Up 
The Graphite Shortage Story You're Not Being Told (Ad)
Taiwan Semiconductor Well Positioned for the AI Rush
Stock market today: US futures mostly higher ahead of debt ceiling vote, oil falls again
The Graphite Shortage Story You're Not Being Told (Ad)
Keep An Eye On These 5 Small-Cap AI Companies
Arista Networks Soars As Investors Spot Opportunity After Selloff
NYSE:NTB

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

$26.33
+0.52 (+2.01%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$25.71
$26.50
50-Day Range
$23.13
$29.13
52-Week Range
$22.93
$38.31
Volume
170,000 shs
Average Volume
306,339 shs
Market Capitalization
$1.32 billion
P/E Ratio
5.67
Dividend Yield
6.68%
Price Target
$35.75

Bank of N.T. Butterfield & Son MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
35.8% Upside
$35.75 Price Target
Short Interest
Healthy
1.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.04mentions of Bank of N.T. Butterfield & Son in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.93%
From $4.66 to $4.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Finance Sector

298th out of 905 stocks

Commercial Banks, Not Elsewhere Classified Industry

10th out of 33 stocks


NTB stock logo

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

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, Guernsey, The Bahamas, Switzerland, and the United Kingdom. The Bermuda and the Cayman Islands segment offers a range of retail and corporate banking services to individuals, local businesses, captive insurers, reinsurance and trust companies, and hedge funds. The Guernsey, The Bahamas, and Switzerland Bank segment provides wealth management. The United Kingdom segment gives wealth management to individuals, family offices, and institutional and corporate clients. It also provides residential property lending services. The company was founded in 1858 and is headquartered in Hamilton, Bermuda.

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NTB Stock News Headlines

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Butterfield Reports First Quarter 2023 Results
Bank of N T Butterfield Son earnings preview: what to expect
Where Bank of N.T Butterfield Stands With Analysts
See More Headlines
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NTB Company Calendar

Ex-Dividend for 3/14 Dividend
2/24/2023
Dividend Payable
3/14/2023
Last Earnings
4/25/2023
Ex-Dividend for 5/22 Dividend
5/05/2023
Dividend Payable
5/22/2023
Today
5/29/2023
Next Earnings (Estimated)
7/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
1,341
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$35.75
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+35.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$214.02 million
Pretax Margin
37.38%

Debt

Sales & Book Value

Annual Sales
$549.30 million
Cash Flow
$5.09 per share
Book Value
$17.21 per share

Miscellaneous

Free Float
49,651,000
Market Cap
$1.32 billion
Optionable
Not Optionable
Beta
1.38

Key Executives

  • Michael W. Collins
    Chairman & Chief Executive Officer
  • Michael L. Schrum
    President & Chief Risk Officer
  • Craig Bridgewater
    Group Chief Financial Officer
  • Bri Hidalgo
    Group Head-Compliance & Operational Risk
  • Michael Neff
    Managing Director-Channel Islands













NTB Stock - 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 twelve months. 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 forecast for 2023?

4 brokers have issued 1 year target prices for Bank of N.T. Butterfield & Son's stock. Their NTB share price forecasts range from $32.00 to $40.00. On average, they predict the company's stock price to reach $35.75 in the next twelve months. This suggests a possible upside of 35.8% 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 2023?

Bank of N.T. Butterfield & Son's stock was trading at $29.81 at the beginning of 2023. Since then, NTB stock has decreased by 11.7% and is now trading at $26.33.
View the best growth stocks for 2023 here
.

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

Bank of N.T. Butterfield & Son saw a increase in short interest in May. As of May 15th, there was short interest totaling 899,200 shares, an increase of 20.0% from the April 30th total of 749,200 shares. Based on an average daily volume of 379,700 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.8% of the shares of the stock 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 Monday, July 24th 2023.
View our NTB earnings forecast
.

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

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) posted its quarterly earnings data on Tuesday, April, 25th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.08. The bank earned $147.50 million during the quarter, compared to analysts' expectations of $145.86 million. Bank of N.T. Butterfield & Son had a trailing twelve-month return on equity of 27.78% and a net margin of 36.85%. The firm's revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the business earned $0.90 earnings per share.

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 announced a quarterly dividend on Monday, April 24th. Stockholders of record on Monday, May 8th will be given a dividend of $0.44 per share on Monday, May 22nd. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.68%. The ex-dividend date is Friday, May 5th.
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 6.68%. NTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NTB will have a dividend payout ratio of 37.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTB.

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?

(NTB) raised $249 million in an initial public offering (IPO) on Friday, September 16th 2016. The company issued 10,600,000 shares at $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.

What is Bank of N.T. Butterfield & Son's stock symbol?

Bank of N.T. Butterfield & Son trades on the New York Stock Exchange (NYSE) under the ticker symbol "NTB."

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 shareholders include Davis Selected Advisers (6.49%), FMR LLC (5.41%), BlackRock Inc. (5.08%), Hotchkis & Wiley Capital Management LLC (3.71%), Macquarie Group Ltd. (3.07%) and Dimensional Fund Advisors LP (2.31%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bank of N.T. Butterfield & Son's stock price today?

One share of NTB stock can currently be purchased for approximately $26.33.

How much money does Bank of N.T. Butterfield & Son make?

Bank of N.T. Butterfield & Son (NYSE:NTB) has a market capitalization of $1.32 billion and generates $549.30 million in revenue each year. The bank earns $214.02 million in net income (profit) each year or $4.64 on an earnings per share basis.

How many employees does Bank of N.T. Butterfield & Son have?

The company employs 1,341 workers across the globe.

How can I contact Bank of N.T. Butterfield & Son?

Bank of N.T. Butterfield & Son's mailing address is 65 FRONT STREET, HAMILTON D0, HM 12. The official website for the company is www.bm.butterfieldgroup.com. The bank can be reached via phone at (441) 295-1111.

This page (NYSE:NTB) was last updated on 5/30/2023 by MarketBeat.com Staff

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