Earnings ·
Butterfield Reports Q3 Net Income of $61.0 Million, or $1.50 Per Share
NTBBank of N.T. Butterfield & Son Ltd
The Bank of N.T. Butterfield & Son Limited reported third-quarter 2026 net income of $61.0 million, or $1.50 per diluted share, compared to $46.9 million in the prior quarter and $61.1 million a year ago. Core net income was $64.2 million, or $1.58 per share. The bank declared a quarterly cash dividend of $0.50 per common share, payable on November 25, 2026 to shareholders of record on November 10, 2026. Net interest income rose to $97.2 million and non-interest income increased to $64.8 million. The company is advancing its acquisition of CIBC Caribbean, with closing expected in the first half of 2027. Butterfield operates as a full-service bank and wealth manager headquartered in Bermuda.