Bank of N T Butterfield & Son Ltd expected to post earnings of $1.16 a share - Earnings Preview

Bank of NT Butterfield & Son

22/04/2023 03:01

* Bank of N T Butterfield & Son Ltd  NTB.N   NTB  is
expected
to show a rise in quarterly revenue when it reports  results on
April 24. 
    * The Hamilton Bermuda-based   company is expected to report
 a
14.7% increase in revenue to $146.064 million from $127.3
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bank of N T
Butterfield &
Son Ltd is for earnings of $1.16 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bank of N T
Butterfield & Son Ltd is $36​, above​ its last closing price
of $25.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.14        1.15       1.26      Beat    9.6
 Sep. 30 2022  1.11        1.11       1.15      Beat    3.5
 Jun. 30 2022  0.92        0.93       0.99      Beat    6.9​
 Mar. 31 2022  0.79        0.79       0.89      Beat    12.5
 ​​Dec.        0.81        0.81       0.84      Beat    4
 31 2021                                                
 Sep. 30 2021  0.81        0.80       0.80      Met     -0.5​
 Jun. 30 2021  0.81        0.81       0.78      Missed  -3.7
 Mar. 31 2021  0.78        0.77       0.83      Beat    7.1
 This summary was machine generated April 22 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated