NYSE:NTB Bank of N.T. Butterfield & Son (NTB) Stock Forecast, Price & News $26.84 +0.94 (+3.63%) (As of 02:07 PM ET) Add Compare Share Share Today's Range$26.24▼$27.0550-Day Range$23.13▼$27.5752-Week Range$22.93▼$38.31Volume97,796 shsAverage Volume290,056 shsMarket Capitalization$1.35 billionP/E Ratio5.78Dividend Yield6.56%Price Target$35.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Bank of N.T. Butterfield & Son MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside33.3% Upside$35.75 Price TargetShort InterestHealthy1.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth1.93%From $4.66 to $4.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.68 out of 5 starsFinance Sector677th out of 1,784 stocksCommercial Banks, Not Elsewhere Classified Industry25th out of 64 stocks 3.5 Analyst's Opinion Consensus RatingBank of N.T. Butterfield & Son has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.75, Bank of N.T. Butterfield & Son has a forecasted upside of 33.3% from its current price of $26.81.Amount of Analyst CoverageBank of N.T. Butterfield & Son has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.82% of the float of Bank of N.T. Butterfield & Son has been sold short.Short Interest Ratio / Days to CoverBank of N.T. Butterfield & Son has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Bank of N.T. Butterfield & Son has recently increased by 20.02%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBank of N.T. Butterfield & Son is a leading dividend payer. It pays a dividend yield of 7.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBank of N.T. Butterfield & Son does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Bank of N.T. Butterfield & Son is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Bank of N.T. Butterfield & Son will have a dividend payout ratio of 37.05% next year. This indicates that Bank of N.T. Butterfield & Son will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NTB. Previous Next 1.9 News and Social Media Coverage News SentimentBank of N.T. Butterfield & Son has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Bank of N.T. Butterfield & Son this week, compared to 2 articles on an average week.Search Interest10 people have searched for NTB on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bank of N.T. Butterfield & Son insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.19% of the stock of Bank of N.T. Butterfield & Son is held by insiders.Percentage Held by Institutions68.21% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Bank of N.T. Butterfield & Son are expected to grow by 1.93% in the coming year, from $4.66 to $4.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bank of N.T. Butterfield & Son is 5.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Bank of N.T. Butterfield & Son is 5.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.35.Price to Book Value per Share RatioBank of N.T. Butterfield & Son has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bank of N.T. Butterfield & Son (NYSE:NTB) StockThe 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.Read More Receive NTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bank of N.T. Butterfield & Son and its competitors with MarketBeat's FREE daily newsletter. Email Address NTB Stock News HeadlinesMay 29, 2023 | finance.yahoo.comThe Bank of N.T. Butterfield & Son Limited (NYSE:NTB) is favoured by institutional owners who hold 71% of the companyMay 25, 2023 | finance.yahoo.comButterfield 2023 Annual General Meeting Voting ResultsJune 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 24, 2023 | americanbankingnews.comBank of N.T. Butterfield & Son (NYSE:NTB) Reaches New 12-Month Low at $20.91May 22, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Bank of N.T. Butterfield & Son (NYSE:NTB)May 4, 2023 | americanbankingnews.comThe Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Declares Quarterly Dividend of $0.44May 4, 2023 | americanbankingnews.comThe Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Announces $0.44 Quarterly DividendMay 2, 2023 | finance.yahoo.comThe Bank of N.T. Butterfield & Son Limited (NYSE:NTB) Q1 2023 Earnings Call TranscriptJune 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite 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. April 28, 2023 | finance.yahoo.comBank of N.T. Butterfield & Son (NYSE:NTB) Has Announced A Dividend Of $0.44April 27, 2023 | americanbankingnews.comBank of N.T. Butterfield & Son (NYSE:NTB) Price Target Lowered to $32.00 at Raymond JamesApril 26, 2023 | msn.comRaymond James Maintains Bank of N T Butterfield & Son (NTB) Outperform RecommendationApril 26, 2023 | msn.comBank of N T Butterfield & Son (NTB) Declares $0.44 DividendApril 26, 2023 | americanbankingnews.comBank of N.T. Butterfield & Son (NYSE:NTB) Releases Earnings Results, Beats Expectations By $0.08 EPSApril 25, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Bank of NT Butterfield & Son (NTB)April 25, 2023 | seekingalpha.comThe Bank of N.T. Butterfield & Son Limited 2023 Q1 - Results - Earnings Call PresentationApril 25, 2023 | finanznachrichten.deThe Bank of N.T. Butterfield & Son Limited Reports First Quarter 2023 ResultsApril 24, 2023 | finance.yahoo.comBank of NT Butterfield & Son (NTB) Surpasses Q1 Earnings and Revenue EstimatesApril 24, 2023 | finance.yahoo.comButterfield Reports First Quarter 2023 ResultsApril 23, 2023 | markets.businessinsider.comBank of N T Butterfield Son earnings preview: what to expectApril 22, 2023 | americanbankingnews.comBank of N.T. Butterfield & Son (NTB) Set to Announce Quarterly Earnings on MondayApril 13, 2023 | msn.comGoldman Sachs Maintains Bank of N.T. Butterfield & Son Limited (NTB) Buy RecommendationApril 12, 2023 | finance.yahoo.comButterfield to Announce First Quarter 2023 Financial Results on April 24, 2023 and Host Earnings Conference Call on April 25, 2023April 12, 2023 | americanbankingnews.comBank of N.T. Butterfield & Son (NYSE:NTB) Reaches New 52-Week Low at $25.70April 8, 2023 | americanbankingnews.comWells Fargo & Company Trims Bank of N.T. Butterfield & Son (NYSE:NTB) Target Price to $40.00April 6, 2023 | markets.businessinsider.comWhere Bank of N.T Butterfield Stands With AnalystsApril 6, 2023 | msn.comRaymond James Maintains Bank of N.T. Butterfield & Son Limited (NTB) Outperform RecommendationSee More Headlines NTB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NTB Company Calendar Ex-Dividend for 3/14 Dividend2/24/2023Dividend Payable3/14/2023Last Earnings4/25/2023Ex-Dividend for 5/22 Dividend5/05/2023Dividend Payable5/22/2023Today6/02/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:NTB CUSIPN/A CIK1653242 Webwww.bm.butterfieldgroup.com Phone(441) 295-1111FaxN/AEmployees1,341Year FoundedN/APrice Target and Rating Average Stock Price Forecast$35.75 High Stock Price Forecast$40.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+33.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.64 Trailing P/E Ratio5.78 Forward P/E Ratio5.76 P/E GrowthN/ANet Income$214.02 million Net Margins36.85% Pretax Margin37.38% Return on Equity27.78% Return on Assets1.66% Debt Debt-to-Equity Ratio0.18 Current Ratio0.62 Quick Ratio0.62 Sales & Book Value Annual Sales$549.30 million Price / Sales2.46 Cash Flow$5.46 per share Price / Cash Flow4.92 Book Value$18.65 per share Price / Book1.44Miscellaneous Outstanding Shares50,250,000Free Float49,651,000Market Cap$1.35 billion OptionableNot Optionable Beta1.38 Key ExecutivesMichael W. CollinsChairman & Chief Executive OfficerMichael L. SchrumPresident & Chief Risk OfficerCraig BridgewaterGroup Chief Financial OfficerBri HidalgoGroup Head-Compliance & Operational RiskMichael NeffManaging Director-Channel IslandsKey CompetitorsBanco Itaú ChileNYSE:ITCLBanco BBVA ArgentinaNYSE:BBARBanco Latinoamericano de Comercio Exterior, S. A.NYSE:BLXPeapack-Gladstone FinancialNASDAQ:PGCFirst Republic BankNYSE:FRCView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 2,981 shares on 6/1/2023Ownership: 3.075%Putnam Investments LLCBought 2,420 shares on 5/22/2023Ownership: 0.259%Ameriprise Financial Inc.Bought 2,027 shares on 5/22/2023Ownership: 0.050%JPMorgan Chase & Co.Bought 241,215 shares on 5/18/2023Ownership: 1.408%New York State Common Retirement FundSold 9,199 shares on 5/18/2023Ownership: 0.145%View All Institutional Transactions NTB Stock - Frequently Asked Questions Should I buy or sell Bank of N.T. Butterfield & Son stock right now? 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 4 buy ratings for the stock. The consensus among Wall Street 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 twelve-month price targets for Bank of N.T. Butterfield & Son's stock. Their NTB share price forecasts range from $32.00 to $40.00. On average, they expect the company's share price to reach $35.75 in the next year. This suggests a possible upside of 33.2% 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 the year. Since then, NTB stock has decreased by 10.0% and is now trading at $26.84. 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 short-interest ratio is presently 2.4 days. Approximately 1.8% of the company's shares are short sold. 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 earnings results on Tuesday, April, 25th. The bank reported $1.24 EPS for the quarter, beating analysts' consensus estimates 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%. Bank of N.T. Butterfield & Son's quarterly revenue was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 yield of 6.56%. The ex-dividend date is Friday, May 5th. Read our dividend analysis for NTB. What ETFs hold Bank of N.T. Butterfield & Son's stock? ETFs with the largest weight of Bank of N.T. Butterfield & Son (NYSE:NTB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Davis Select International ETF (DINT), Davis Select Financial ETF (DFNL), Davis Select Worldwide ETF (DWLD), Invesco KBW High Dividend Yield Financial ETF (KBWD), Natixis Vaughan Nelson Mid Cap ETF (VNMC).iShares US Small Cap Value Factor ETF (SVAL) and 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 initial public offering 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 variety of retail and institutional 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 $26.84. 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 $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 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Bank of N.T. 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