Bank of N T Butterfield & Son Ltd reports results for the quarter ended in June - Earnings Summary

Bank of NT Butterfield & Son

31/07/2023 23:30

* Bank of N T Butterfield & Son Ltd  NTB.N  reported
quarterly
adjusted earnings of $1.14​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for earnings of $1.16 per share.
    * Revenue rose 6.6% to $142.60 million from a year ago;
analysts
expected $146.02 million. 
    * Bank of N T Butterfield & Son Ltd's reported EPS for the
quarter
was $1.14​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bank of N T Butterfield & Son Ltd shares had risen
by 18.1% this
quarter and gained 8.4% so far this year.
    * The company reported quarterly net income of $61 million.
    * Wall Street's median 12-month price target for Bank of N T
Butterfield & Son Ltd is $37.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
31 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.16           1.14           Missed
 Mar. 31 2023      1.16           1.24           Beat
 Dec. 31 2022      1.15           1.26           Beat
 Sep. 30 2022      1.11           1.15           Beat