U.S. Markets open in 1 hr 37 mins

Bank of NT Butterfield & Son posts 1Q profit

HAMILTON, Bermuda (AP) _ Bank of NT Butterfield & Son Ltd. (NTB) on Tuesday reported net income of $35.9 million in its first quarter.

The bank, based in Hamilton, Bermuda, said it had earnings of 65 cents per share. Earnings, adjusted for non-recurring costs, were 70 cents per share.

The community bank posted revenue of $110.5 million in the period. Its adjusted revenue was $106.5 million.

Bank of NT Butterfield & Son shares have risen slightly more than 2 percent since the beginning of the year.

_____

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

_____

Keywords: Bank of NT Butterfield & Son, Earnings Report