Companies

Bank of N.T. Butterfield & Son Set to Release Quarterly Earnings

Published February 3, 2025

The Bank of N.T. Butterfield & Son (NYSE:NTB) is scheduled to announce its quarterly earnings after the market closes on Monday, February 10th. Analysts are predicting that the bank will report earnings of $1.17 per share, alongside expected revenue of $142.65 million for the quarter. Interested listeners can join the company's earnings conference call by following the provided link.

Current Stock Performance

As of Monday, Bank of N.T. Butterfield & Son's stock started trading at $36.65. The company boasts a market capitalization of approximately $1.74 billion and a price-to-earnings (P/E) ratio of 8.16. The stock has a beta of 1.16, indicating a higher volatility compared to the market. Its debt-to-equity ratio stands at 0.09, with both a quick ratio and current ratio of 0.66. Over the past year, the stock has reached a low of $28.73 and a high of $40.55. The stock’s 50-day simple moving average is $36.88, while the 200-day average is $37.17.

About Bank of N.T. Butterfield & Son

The Bank of N.T. Butterfield & Son Ltd. is engaged in providing various community banking and wealth management services. The firm operates across several regions, including Bermuda, the Cayman Islands, the Channel Islands, the UK, and other international markets. Specifically, its operations in Bermuda and the Cayman Islands focus on retail banking and wealth management.

Analyst Recommendations

Before considering an investment in Bank of N.T. Butterfield & Son, it may be beneficial to examine additional insights provided by market analysts. While the bank currently has a "Moderate Buy" rating from analysts, there are recommendations for investors to explore alternative stocks that may offer greater potential at this time. Analyst insights can assist in making informed decisions.

This information has been generated to keep readers updated on the financial landscape surrounding Bank of N.T. Butterfield & Son as it prepares to announce its earnings.

Banking, Earnings, Stocks