Bank of N.T. Butterfield & Son (NYSE:NTB – Get Free Report) posted its earnings results on Tuesday. The bank reported $1.16 EPS for the quarter, beating the consensus estimate of $1.10 by $0.06, Briefing.com reports. The firm had revenue of $142.70 million during the quarter, compared to the consensus estimate of $142.07 million. Bank of N.T. Butterfield & Son had a return on equity of 21.48% and a net margin of 25.93%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the company earned $1.16 earnings per share.
Bank of N.T. Butterfield & Son Stock Down 0.8 %
Shares of NTB traded down $0.30 during mid-day trading on Friday, reaching $37.94. 12,399 shares of the company were exchanged, compared to its average volume of 197,812. Bank of N.T. Butterfield & Son has a 52 week low of $24.62 and a 52 week high of $40.55. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.67 and a quick ratio of 0.67. The business has a 50 day simple moving average of $37.30 and a two-hundred day simple moving average of $35.63.
Bank of N.T. Butterfield & Son Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 5th will be given a dividend of $0.44 per share. The ex-dividend date is Tuesday, November 5th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.64%. Bank of N.T. Butterfield & Son’s dividend payout ratio (DPR) is 39.20%.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on NTB
About 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. 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, as well as overdraft facilities to commercial and corporate customers.
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