NYSE:NTBBank of N.T. Butterfield & Son Stock Price, Forecast & News

$27.86

+2.14 (+8.32 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$27.66

Now: $27.86▼

$28.75

50-Day Range

$17.21

MA: $21.21▼

$25.97

52-Week Range

$13.76

Now: $27.86▼

$38.05

Volume378,808 shs

Average Volume293,659 shs

Market Capitalization$1.50 billion

P/E Ratio8.99

Dividend YieldN/A

Beta2.21

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 non-interest bearing deposits, as well as certificates of deposit. The company's lending portfolio includes residential mortgage lending, automobile financing, consumer financing, credit cards, overdraft facilities, commercial real estate lending, and commercial and industrial loans. 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, private banking, administered banking services, and fiduciary services. Further, it offers debit cards; automated teller machines; personal and business deposit, merchant acquiring, and mobile/online banking services. The company operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Switzerland, Singapore, Mauritius, and Canada, as well as through four branch locations in Bermuda and three branch locations in the Cayman Islands. The Bank of N.T. Butterfield & Son Limited was founded in 1858 and is headquartered in Hamilton, Bermuda.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
Bank of N.T. Butterfield & Son has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.00, Bank of N.T. Butterfield & Son has a potential downside of 3.1% from its current price of $27.86.
Amount of Analyst Coverage
Bank of N.T. Butterfield & Son has only been the subject of 4 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Bank of N.T. Butterfield & Son has received 269 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Bank of N.T. Butterfield & Son has received 286 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Bank of N.T. Butterfield & Son has received 51.53% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Bank of N.T. Butterfield & Son and other stocks. Vote “Outperform” if you believe NTB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NTB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Bank of N.T. Butterfield & Son does not currently pay a dividend.
Dividend Growth
Bank of N.T. Butterfield & Son has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on EPS estimates, Bank of N.T. Butterfield & Son will have a dividend payout ratio of 75.86 % in the coming year. This indicates that Bank of N.T. Butterfield & Son may not be able to sustain their current dividend.

1.0 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 Institutions
67.14% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Bank of N.T. Butterfield & Son are expected to decrease by -9.38% in the coming year, from $2.56 to $2.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bank of N.T. Butterfield & Son is 8.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bank of N.T. Butterfield & Son is 8.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.66.
Price to Book Value per Share Ratio
Bank of N.T. Butterfield & Son has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:NTB

Previous Symbol

CUSIPN/A

CIK1653242

Webwww.bm.butterfieldgroup.com

Phone441-295-1111

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.69

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio8.99

Forward P/E Ratio10.88

P/E GrowthN/A

Sales & Book Value

Annual Sales$532.60 million

Price / Sales2.81

Cash Flow$4.96 per share

Price / Cash Flow5.62

Book Value$17.92 per share

Price / Book1.55

Profitability

EPS (Most Recent Fiscal Year)$3.69

Net Income$177.07 million

Net Margins28.53%

Return on Equity19.49%

Return on Assets1.42%

Miscellaneous

Employees1,512

Outstanding Shares53,790,000

Market Cap$1.50 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableNot Optionable

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Bank of N.T. Butterfield & Son (NYSE:NTB) Frequently Asked Questions

How has Bank of N.T. Butterfield & Son's stock been impacted by COVID-19 (Coronavirus)?

Bank of N.T. Butterfield & Son's stock was trading at $21.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NTB stock has increased by 31.3% and is now trading at $27.86. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bank of N.T. Butterfield & Son?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of N.T. Butterfield & Son in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bank of N.T. Butterfield & Son.

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

Bank of N.T. Butterfield & Son is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Bank of N.T. Butterfield & Son.

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

Bank of N.T. Butterfield & Son Ltd (NYSE:NTB) announced its earnings results on Thursday, April, 30th. The bank reported $0.77 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.06. The bank earned $129.40 million during the quarter, compared to analyst estimates of $133.22 million. Bank of N.T. Butterfield & Son had a net margin of 28.53% and a return on equity of 19.49%. The business's revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. View Bank of N.T. Butterfield & Son's earnings history.

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, May 4th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.44 per share on Thursday, May 28th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date is Wednesday, May 13th. View Bank of N.T. Butterfield & Son's dividend history.

What price target have analysts set for NTB?

5 Wall Street analysts have issued 1-year price objectives for Bank of N.T. Butterfield & Son's shares. Their forecasts range from $15.00 to $41.00. On average, they expect Bank of N.T. Butterfield & Son's share price to reach $27.00 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. View analysts' price targets for Bank of N.T. Butterfield & Son.

Has Bank of N.T. Butterfield & Son been receiving favorable news coverage?

Headlines about NTB stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bank of N.T. Butterfield & Son earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutBank of N.T. Butterfield & Son.

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 241,600 shares, an increase of 33.0% from the April 30th total of 181,700 shares. Based on an average daily volume of 369,700 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the shares of the company are sold short. View Bank of N.T. Butterfield & Son's Current Options Chain.

Who are some of Bank of N.T. Butterfield & Son's key competitors?

Some companies that are related to Bank of N.T. Butterfield & Son include GRUPO AVAL ACCI/S (AVAL), Banco Santander Mexico Sa Instcn De (BSMX), Itau Corpbanca (ITCB), Grupo Financiero Galicia (GGAL), Banco Macro (BMA), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Opus Bank (OPB), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), Bco Com Portugues (BPCGY), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Esquire Financial (ESQ) and Idaho Independent Bank (IIBK). View all competitors.

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).

Who are Bank of N.T. Butterfield & Son's key executives?

Bank of N.T. Butterfield & Son's management team includes the following people:

Mr. Michael W. Collins, Chairman & CEO (Age 56)
Mr. Michael L. Schrum, Group Chief Financial Officer (Age 51)
Mr. Daniel Frumkin, Group Chief Operating Officer (Age 55)
Jeffrey Bennett, Chief Accountant
Noah Fields, VP of Investor Relations

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 $22.00-$25.00 per share. Goldman Sachs, Citigroup and Sandler O'Neill + Partners acted 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 institutional and retail investors. Top institutional shareholders include Davis Selected Advisers (6.19%), BlackRock Inc. (4.90%), Capital World Investors (3.44%), Grandeur Peak Global Advisors LLC (2.55%), NWQ Investment Management Company LLC (1.79%) and State Street Corp (1.76%).

Which institutional investors are selling Bank of N.T. Butterfield & Son stock?

NTB stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, NWQ Investment Management Company LLC, Morgan Stanley, BlackRock Inc., Wells Fargo & Company MN, Nuveen Asset Management LLC, Two Sigma Investments LP, and Prospector Partners LLC.

Which institutional investors are buying Bank of N.T. Butterfield & Son stock?

NTB stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Grandeur Peak Global Advisors LLC, JPMorgan Chase & Co., Federated Hermes Inc., Thrivent Financial for Lutherans, Dupont Capital Management Corp, Parametric Portfolio Associates LLC, and Engineers Gate Manager LP.

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

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

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

One share of NTB stock can currently be purchased for approximately $27.86.

How big of a company is Bank of N.T. Butterfield & Son?

Bank of N.T. Butterfield & Son has a market capitalization of $1.50 billion and generates $532.60 million in revenue each year. The bank earns $177.07 million in net income (profit) each year or $3.69 on an earnings per share basis. Bank of N.T. Butterfield & Son employs 1,512 workers across the globe.

What is Bank of N.T. Butterfield & Son's official website?

The official website for Bank of N.T. Butterfield & Son is www.bm.butterfieldgroup.com.

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 bank can be reached via phone at 441-295-1111.

This page was last updated on 6/6/2020 by MarketBeat.com Staff