Community bank Butterfield's Q3 revenue beats estimates

Bank of NT Butterfield & Son

28/10/2025 20:44

Overview

Butterfield Q3 2025 revenue beats analyst expectations, driven by higher banking fees

EPS for Q3 2025 exceeds estimates

Company repurchased 0.7 mln shares

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

BANKING FEES - Higher banking fees from increased card volumes and incentives drove net income growth

NET INTEREST INCOME - Improved net interest income due to lower deposit costs and redemption of subordinated debt

CAPITAL MANAGEMENT - Share repurchases and dividends contributed to strong shareholder returns

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$153.30 mln
$147.90 mln (4 Analysts)
Q3 EPS
Beat
$1.51
$1.30 (4 Analysts)
Q3 Core Net Income
$63.30 mln
Q3 Net Income
$61.1 mln
Q3 Net Interest Income
$92.70 mln
Q3 Credit Loss Allowance
$25.70 mln
Q3 Dividend
$0.50
Q3 Pretax Profit
$62.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Bank of NT Butterfield & Son Ltd is $50.00, about 16.3% above its October 27 closing price of $41.83

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw2RpVX5a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)