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

Bank of N.T. Butterfield & Son (NYSE:NTB - Get Free Report) is projected to release its earnings data after the market closes on Wednesday, April 23rd. Analysts expect Bank of N.T. Butterfield & Son to post earnings of $1.03 per share and revenue of $140.89 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Bank of N.T. Butterfield & Son (NYSE:NTB - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The bank reported $1.34 EPS for the quarter, beating the consensus estimate of $1.17 by $0.17. Bank of N.T. Butterfield & Son had a return on equity of 21.46% and a net margin of 26.51%. On average, analysts expect Bank of N.T. Butterfield & Son to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Bank of N.T. Butterfield & Son Price Performance

Shares of NTB stock traded up $0.22 during trading hours on Friday, reaching $37.45. The stock had a trading volume of 137,015 shares, compared to its average volume of 191,367. The firm has a market capitalization of $1.78 billion, a PE ratio of 7.93 and a beta of 0.82. Bank of N.T. Butterfield & Son has a 12 month low of $30.22 and a 12 month high of $41.88. The stock's fifty day simple moving average is $38.17 and its 200 day simple moving average is $37.53. The company has a current ratio of 0.63, a quick ratio of 0.66 and a debt-to-equity ratio of 0.10.

Bank of N.T. Butterfield & Son Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 24th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date of this dividend was Monday, February 24th. Bank of N.T. Butterfield & Son's dividend payout ratio is currently 37.29%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Keefe, Bruyette & Woods increased their target price on Bank of N.T. Butterfield & Son from $41.00 to $44.00 and gave the company a "market perform" rating in a research note on Wednesday, February 12th. Wells Fargo & Company raised their price target on shares of Bank of N.T. Butterfield & Son from $43.00 to $46.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $40.80.

Bank of N.T. Butterfield & Son Company Profile

The 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, Channel Islands and the UK, and Other. The Bermuda and Cayman segments offer retail banking and wealth management.