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Bank of NT Butterfield & Son: 4Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Bank of NT Butterfield & Son Ltd. (NTB) on Tuesday reported fourth-quarter profit of $50.9 million.

The Hamilton, Bermuda-based bank said it had earnings of 92 cents per share.

The community bank posted revenue of $134.6 million in the period. Its revenue net of interest expense was $133.1 million, exceeding Street forecasts.

For the year, the company reported profit of $195.2 million, or $3.50 per share. Revenue was reported as $511.7 million.

Bank of NT Butterfield & Son shares have increased 15 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $36.01, a fall of 19 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTB at https://www.zacks.com/ap/NTB