Bank of NT Butterfield & Son: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2023, 06:03 PM ET
Last Updated - Jul 31, 2023, 06:03 PM EDT
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Bank of NT Butterfield & Son Ltd. (NTB) on Monday reported net income of $61 million in its second quarter.
The Hamilton, Bermuda-based bank said it had earnings of $1.22 per share. Earnings, adjusted for non-recurring gains, came to $1.14 per share.
The community bank posted revenue of $184.1 million in the period. Its revenue net of interest expense was $142.6 million, missing Street forecasts.
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