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Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
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Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
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MarketBeat Week in Review – 5/29 - 6/2
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NYSE:NTB

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

$26.88
+0.98 (+3.78%)
(As of 06/2/2023 ET)
Compare
Today's Range
$26.24
$27.05
50-Day Range
$23.13
$27.57
52-Week Range
$22.93
$38.31
Volume
203,526 shs
Average Volume
252,871 shs
Market Capitalization
$1.35 billion
P/E Ratio
5.79
Dividend Yield
6.55%
Price Target
$35.75

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

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.0% 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
N/A
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.

2.62 out of 5 stars

Finance Sector

312th out of 873 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 31 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

Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
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

NTB Price History

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
6/03/2023
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
+33.0%
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
$572.68 million
Cash Flow
$5.28 per share
Book Value
$18.65 per share

Miscellaneous

Free Float
49,651,000
Market Cap
$1.35 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 equities research analysts have issued twelve-month 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 anticipate the company's share price to reach $35.75 in the next year. This suggests a possible upside of 33.0% 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 start of the year. Since then, NTB shares have decreased by 9.8% and is now trading at $26.88.
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 the month of 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. Currently, 1.8% of the company's shares 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) issued its earnings results on Tuesday, April, 25th. The bank reported $1.24 EPS for the quarter, topping the consensus estimate of $1.16 by $0.08. The bank had revenue of $147.50 million for the quarter, compared to analyst estimates of $145.86 million. Bank of N.T. Butterfield & Son had a net margin of 36.85% and a trailing twelve-month return on equity of 27.78%. The company's revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 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 announced a quarterly dividend on Monday, April 24th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.44 per share on Monday, May 22nd. This represents a $1.76 annualized dividend and a yield of 6.55%. The ex-dividend date of this dividend 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 7.02%. 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 IPO 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.

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 variety of institutional and retail investors. Top institutional investors 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 Macquarie Group Ltd. (3.07%).

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 $26.88.

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

Bank of N.T. Butterfield & Son (NYSE:NTB) has a market capitalization of $1.35 billion and generates $572.68 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 6/3/2023 by MarketBeat.com Staff

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