Bank of N.T. Butterfield & Son (NTB) to Release Earnings on Monday

Bank of N.T. Butterfield & Son (NYSE:NTB) is scheduled to post its quarterly earnings results after the market closes on Monday, April 23rd. Analysts expect Bank of N.T. Butterfield & Son to post earnings of $0.78 per share for the quarter.

Bank of N.T. Butterfield & Son (NYSE:NTB) last issued its quarterly earnings data on Thursday, February 15th. The bank reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The company had revenue of $118.50 million during the quarter, compared to analyst estimates of $113.41 million. Bank of N.T. Butterfield & Son had a return on equity of 20.27% and a net margin of 33.07%. On average, analysts expect Bank of N.T. Butterfield & Son to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of Bank of N.T. Butterfield & Son stock opened at $45.34 on Monday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.14. Bank of N.T. Butterfield & Son has a fifty-two week low of $30.58 and a fifty-two week high of $47.60. The company has a market capitalization of $2,503.25, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 2.22 and a beta of 0.47.

A number of research analysts have commented on the company. Zacks Investment Research cut Bank of N.T. Butterfield & Son from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Sandler O’Neill restated a “buy” rating and set a $50.00 price target on shares of Bank of N.T. Butterfield & Son in a research note on Wednesday, March 28th. Wells Fargo upgraded Bank of N.T. Butterfield & Son from a “market perform” rating to an “outperform” rating and set a $43.00 price target on the stock in a research note on Tuesday, January 9th. Keefe, Bruyette & Woods restated a “buy” rating and set a $54.00 price target on shares of Bank of N.T. Butterfield & Son in a research note on Tuesday, February 27th. Finally, Citigroup restated a “neutral” rating and set a $42.00 price target on shares of Bank of N.T. Butterfield & Son in a research note on Wednesday, February 14th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Bank of N.T. Butterfield & Son has a consensus rating of “Buy” and an average price target of $47.80.

WARNING: “Bank of N.T. Butterfield & Son (NTB) to Release Earnings on Monday” was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2018/04/16/bank-of-n-t-butterfield-son-ntb-to-release-earnings-on-monday.html.

Bank of N.T. Butterfield & Son Company Profile

The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Bank’s geographic segments include Bermuda, the Cayman Islands and Guernsey, where its banking operations are located, and The Bahamas, Switzerland, and the United Kingdom, where it offers specialized financial services.

Earnings History for Bank of N.T. Butterfield & Son (NYSE:NTB)

Receive News & Ratings for Bank of N.T. Butterfield & Son Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of N.T. Butterfield & Son and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply