NYSE:NTB

The Bank of N.T. Butterfield & Son Stock Forecast, Price & News

$38.88

+1.48 (+3.96 %)

(As of 05/13/2021 12:00 AM ET)

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Today's Range

$37.20

▼

$38.99

50-Day Range

$37.01

▼

$40.14

52-Week Range

$18.25

▼

$41.36

Volume147,419 shs

Average Volume148,930 shs

Market Capitalization$2.09 billion

P/E Ratio13.55

Dividend Yield4.71%

Beta1.98

30 days | 90 days | 365 days | Advanced Chart

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About The Bank of N.T. Butterfield & Son

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, as well as certificate of 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. 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; and personal and business deposit, merchant acquiring, 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, as well as through 3 branches in Bermuda and 4 branches in the Cayman Islands. The Bank of N.T. Butterfield & Son Limited was founded in 1858 and is headquartered in Hamilton, Bermuda.

Congressman Butterfield highlights launch of the Emergency Broadband Benefit Program
May 13, 2021 | msn.com

The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Expected to Announce Earnings of $0.80 Per Share
May 8, 2021 | americanbankingnews.com

Introducing Bank of N.T. Butterfield & Son (NYSE:NTB), A Stock That Climbed 82% In The Last Year
May 4, 2021 | finance.yahoo.com

The Bank of N.T. Butterfield & Son Limited to Issue Quarterly Dividend of $0.44 (NYSE:NTB)
April 30, 2021 | americanbankingnews.com

The Bank of N.T. Butterfield & Son (NYSE:NTB) Issues Earnings Results
April 29, 2021 | americanbankingnews.com

Bank of NT Butterfield & Son (NTB) Q1 Earnings Beat Estimates
April 28, 2021 | finance.yahoo.com

Butterfield Reports First Quarter 2021 Results
April 28, 2021 | finance.yahoo.com

Butterfield to Announce First Quarter 2021 Financial Results on April 28, 2021 and Host Earnings Conference Call on April 29, 2021
April 14, 2021 | finance.yahoo.com

Dr. Butterfield: 'The end of this pandemic is in sight'
March 9, 2021 | msn.com

The Bank of N.T. Butterfield & Son Limited (NTB) Q4 2020 Earnings Call Transcript
February 12, 2021 | fool.com

See More Headlines

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

Employees1,258

Year FoundedN/A

Sales & Book Value

Annual Sales$532.60 million

Price / Sales3.93

Cash Flow$5.12 per share

Price / Cash Flow7.59

Book Value$17.92 per share

Price / Book2.17

Profitability

EPS (Most Recent Fiscal Year)$3.69

Net Income$177.07 million

Net Margins27.50%

Return on Equity16.10%

Return on Assets1.18%

Debt

Debt-to-Equity Ratio0.20

Current Ratio0.70

Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio13.55

Forward P/E Ratio13.45

P/E GrowthN/A

Miscellaneous

Outstanding Shares53,790,000

Market Cap$2.09 billion

Next Earnings Date7/28/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

Finance Sector

240th out of 1,947 stocks

Commercial Banks, Not Elsewhere Classified Industry

9th out of 73 stocks

1.3 Analyst's Opinion

Consensus Rating
The Bank of N.T. Butterfield & Son has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.25, The Bank of N.T. Butterfield & Son has a forecasted downside of 19.6% from its current price of $38.88.
Amount of Analyst Coverage
The Bank of N.T. Butterfield & Son has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
The Bank of N.T. Butterfield & Son has received 275 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Bank of N.T. Butterfield & Son has received 295 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Bank of N.T. Butterfield & Son has received 51.75% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The 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.

3.3 Dividend Strength

Dividend Leadership
The Bank of N.T. Butterfield & Son is a leading dividend payer. It pays a dividend yield of 4.71%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
The Bank of N.T. Butterfield & Son has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of The Bank of N.T. Butterfield & Son is 47.70%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The Bank of N.T. Butterfield & Son will have a dividend payout ratio of 60.27% next year. This indicates that The Bank of N.T. Butterfield & Son will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Bank of N.T. Butterfield & Son insiders have not sold or bought any company stock.
Percentage Held by Institutions
63.48% of the stock of The Bank of N.T. Butterfield & Son is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for The Bank of N.T. Butterfield & Son are expected to grow by 1.04% in the coming year, from $2.89 to $2.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Bank of N.T. Butterfield & Son is 13.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Bank of N.T. Butterfield & Son is 13.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.23.
Price to Book Value per Share Ratio
The Bank of N.T. Butterfield & Son has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Is The Bank of N.T. Butterfield & Son a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Bank of N.T. Butterfield & Son in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Bank of N.T. Butterfield & Son stock.
View analyst ratings for The Bank of N.T. Butterfield & Son or view top-rated stocks.

What stocks does MarketBeat like better than The Bank of N.T. Butterfield & Son?

Wall Street analysts have given The Bank of N.T. Butterfield & Son a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Bank of N.T. Butterfield & Son wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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

The Bank of N.T. Butterfield & Son is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for The Bank of N.T. Butterfield & Son.

How were The 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 Wednesday, April, 28th. The bank reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.04. The Bank of N.T. Butterfield & Son had a net margin of 27.50% and a trailing twelve-month return on equity of 16.10%. During the same quarter in the prior year, the business posted $0.78 EPS.
View The Bank of N.T. Butterfield & Son's earnings history.

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

The 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 83.2% and is now trading at $38.88.
View which stocks have been most impacted by COVID-19.

How often does The Bank of N.T. Butterfield & Son pay dividends? What is the dividend yield for The Bank of N.T. Butterfield & Son?

The Bank of N.T. Butterfield & Son announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Wednesday, May 12th will be given a dividend of $0.44 per share on Wednesday, May 26th. This represents a $1.76 annualized dividend and a yield of 4.53%. The ex-dividend date is Tuesday, May 11th.
View The Bank of N.T. Butterfield & Son's dividend history.

Is The Bank of N.T. Butterfield & Son a good dividend stock?

The Bank of N.T. Butterfield & Son pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.71%. NTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Bank of N.T. Butterfield & Son does not yet have a strock track record of dividend growth. The dividend payout ratio of The Bank of N.T. Butterfield & Son is 47.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Bank of N.T. Butterfield & Son will have a dividend payout ratio of 60.27% next year. This indicates that The Bank of N.T. Butterfield & Son will be able to sustain or increase its dividend.
View The Bank of N.T. Butterfield & Son's dividend history.

What price target have analysts set for NTB?

4 Wall Street analysts have issued 1-year target prices for The Bank of N.T. Butterfield & Son's stock. Their forecasts range from $25.00 to $39.00. On average, they expect The Bank of N.T. Butterfield & Son's share price to reach $31.25 in the next year. This suggests that the stock has a possible downside of 19.6%.
View analysts' price targets for The Bank of N.T. Butterfield & Son or view top-rated stocks among Wall Street analysts.

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

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

Mr. Michael W. Collins, Chairman & CEO (Age 58)
Mr. Michael L. Schrum, Group CFO & Exec. Director (Age 53)
Noah Fields, VP of Investor Relations
Mr. Shaun Morris, Group Chief Legal Officer & Gen. Counsel (Age 61)
Ms. Bri Hidalgo, Head of Compliance & Operational Risk (Age 41)
Mr. Mark Johnson, VP & Group Head of Communications
Mr. Kevin Dallas, Group Head of Marketing & Communications (Age 42)
Mr. Andrew Burns, Exec. VP & Group Head of HR (Age 43)
Mr. Michael A. McWatt, Managing Director of Cayman Islands (Age 56)
Mr. Jim Parker, Managing Director of Butterfield Trust (Switzerland) Limited

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

Some companies that are related to The Bank of N.T. Butterfield & Son include Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BSMX), Bancolombia (CIB), Woori Financial Group (WF), Grupo Aval Acciones y Valores (AVAL), Intercorp Financial Services (IFS), Itaú Corpbanca (ITCB), Grupo Financiero Galicia (GGAL), Banco Macro (BMA), Suruga Bank (SUGBY), Peapack-Gladstone Financial (PGC), Banco Latinoamericano de Comercio Exterior, S.A (BLX), Banco BBVA Argentina (BBAR), American Business Bank (AMBZ), Scully Royalty (SRL) and Esquire Financial (ESQ).
View all of NTB's competitors.

What other stocks do shareholders of The Bank of N.T. Butterfield & Son own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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 The 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 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 The Bank of N.T. Butterfield & Son's stock symbol?

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

Who are The Bank of N.T. Butterfield & Son's major shareholders?

The Bank of N.T. Butterfield & Son's stock is owned by many different institutional and retail investors. Top institutional investors include Davis Selected Advisers (7.55%), BlackRock Inc. (5.01%), Royce & Associates LP (1.52%), Vaughan Nelson Investment Management L.P. (1.25%), Manning & Napier Group LLC (0.91%) and Northern Trust Corp (0.89%).

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

NTB stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Dalton Greiner Hartman Maher & Co., Prudential Financial Inc., Mendon Capital Advisors Corp, Victory Capital Management Inc., Pinnacle Associates Ltd., Harbor Advisors LLC, and JPMorgan Chase & Co..

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

NTB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Royce & Associates LP, Davis Selected Advisers, Geode Capital Management LLC, Russell Investments Group Ltd., Envestnet Asset Management Inc., Barclays PLC, and LSV Asset Management.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of NTB stock can currently be purchased for approximately $38.88.

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

The Bank of N.T. Butterfield & Son has a market capitalization of $2.09 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.

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

The Bank of N.T. Butterfield & Son employs 1,258 workers across the globe.

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

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

Where are The Bank of N.T. Butterfield & Son's headquarters?

The Bank of N.T. Butterfield & Son is headquartered at 65 FRONT STREET, HAMILTON D0, HM 12.

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

The 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 5/13/2021 by MarketBeat.com Staff

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