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NYSE:NTB

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

$21.86
-0.13 (-0.59 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$21.64
Now: $21.86▼
$22.00
50-Day Range
$21.55
MA: $25.45▼
$27.45
52-Week Range
$13.76
Now: $21.86▼
$38.05
Volume156,511 shs
Average Volume264,620 shs
Market Capitalization$1.18 billion
P/E Ratio7.17
Dividend Yield8.00%
Beta2.09
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.
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Bank of N.T. Butterfield & Son logo

Beat the Market (BTM) Rank™

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.25 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 Ratio0.24
Current Ratio0.72
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio7.17
Forward P/E Ratio8.01
P/E GrowthN/A

Sales & Book Value

Annual Sales$532.60 million
Price / Sales2.21
Cash Flow$3.96 per share
Price / Cash Flow5.52
Book Value$17.92 per share
Price / Book1.22

Profitability

EPS (Most Recent Fiscal Year)$3.69
Net Income$177.07 million
Net Margins28.51%
Return on Equity17.47%
Return on Assets1.25%

Miscellaneous

Employees1,512
Outstanding Shares53,790,000
Market Cap$1.18 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableNot Optionable
$21.86
-0.13 (-0.59 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 price been impacted by COVID-19?

Bank of N.T. Butterfield & Son's stock was trading at $21.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NTB stock has increased by 3.0% and is now trading at $21.86.
View which stocks have been most impacted by COVID-19.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of N.T. Butterfield & Son in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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, October 27th 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) posted its quarterly earnings results on Thursday, July, 23rd. The bank reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.12. The bank had revenue of $120.77 million for the quarter, compared to analyst estimates of $121.55 million. Bank of N.T. Butterfield & Son had a return on equity of 17.47% and a net margin of 28.51%.
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 announced a quarterly dividend on Friday, July 24th. Stockholders of record on Wednesday, August 5th will be paid a dividend of $0.44 per share on Wednesday, August 19th. This represents a $1.76 annualized dividend and a dividend yield of 8.05%. The ex-dividend date is Tuesday, August 4th.
View Bank of N.T. Butterfield & Son's dividend history.

What price target have analysts set for NTB?

4 brokers have issued 1 year price objectives for Bank of N.T. Butterfield & Son's stock. Their forecasts range from $25.00 to $32.00. On average, they expect Bank of N.T. Butterfield & Son's share price to reach $27.75 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
View analysts' price targets for Bank of N.T. Butterfield & Son.

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

Bank of N.T. Butterfield & Son saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 280,800 shares, a decline of 28.7% from the July 30th total of 393,600 shares. Based on an average daily volume of 214,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.5% of the company's stock are sold short.
View Bank of N.T. Butterfield & Son's Short Interest.

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 Banco Santander Mexico Sa Instcn De (BSMX), Intercorp Financial (IFS), Itau Corpbanca (ITCB), Grupo Financiero Galicia (GGAL), Banco Macro (BMA), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), American Business Bank (AMBZ), Bco Com Portugues (BPCGY), Grupo Supervielle (SUPV), Idaho Independent Bank (IIBK), ST BK CORP/SH SH (SBAZ) and Esquire Financial (ESQ).
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 initial public offering (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 number of retail and institutional investors. Top institutional investors include Davis Selected Advisers (6.69%), FMR LLC (3.79%), Macquarie Group Ltd. (3.13%), Nuveen Asset Management LLC (1.56%), Thrivent Financial for Lutherans (1.30%) and Manning & Napier Group LLC (0.96%).

Which major 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 Federated Hermes Inc., Manning & Napier Group LLC, Jacobs Levy Equity Management Inc., Nuveen Asset Management LLC, Pinnacle Associates Ltd., Hahn Capital Management LLC, Two Sigma Advisers LP, and UBS Group AG.

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

NTB stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Davis Selected Advisers, Macquarie Group Ltd., Prudential Financial Inc., Man Group plc, Meritage Portfolio Management, Dalton Greiner Hartman Maher & Co., and Mangrove Partners.

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 $21.86.

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

Bank of N.T. Butterfield & Son has a market capitalization of $1.18 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 9/26/2020 by MarketBeat.com Staff
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