Tag: Bank of Butterfield

Butterfield Bank 2014 Core Earnings: $106.4M

Butterfield Bank 2014 Core Earnings: $106.4M

The Bank of N.T. Butterfield & Son Limited today [Feb 26] announced core earnings for 2014 of $106.4 million, an improvement of $29.8 million over the $76.6 million earned in 2013. The core cash return on average tangible common equity improved to 15.1% in 2014, compared to 10.3% in 2013. Reported net income for the year ended 31 December 2014... Read more of this article

Butterfield Group Receives Euromoney Awards

Butterfield Group Receives Euromoney Awards

Butterfield Group today [Feb 5] announced that it has received awards for Net-Worth-Specific Services for Super Affluent Clients in the Cayman Islands, and for Succession Planning Advice and Trusts in Guernsey in the 2015 Euromoney Private Banking and Wealth Management Survey. The annual Euromoney Private Banking and Wealth Management Awards, which... Read more of this article

Butterfield Bank December Share Repurchases

Butterfield Bank December Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of December 2014, the Bank purchased for Treasury 1,151,153 Common Shares at an average price of $1.990 per share.In addition, there were no 8% Preference Shares purchased. Related PostsBermudian McIntosh On Leaders... Read more of this article

Butterfield Donates $5,000 To Salvation Army

Butterfield Donates $5,000 To Salvation Army

The Bank of N.T. Butterfield & Son Limited recently presented The Salvation Army with a $5,000 donation; the proceeds of its employee Holiday Raffle ticket sales. During December, Butterfield employees had the opportunity to purchase $1 Holiday Raffle tickets for a chance to win some great prizes, including vacation days, a travel voucher, retail... Read more of this article

Butterfield To Discontinue Phone Banking Service

Butterfield To Discontinue Phone Banking Service

Effective 24 January 2015, Butterfield will be discontinuing automated telephone banking services, saying that “telephone banking usage has been trending downward, whilst usage of alternative delivery channels has been increasing.” A spokesperson said, “A number of factors—including transaction volumes within this channel, technology... Read more of this article

Butterfield Bank November Share Repurchases

Butterfield Bank November Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of November, 2014, the Bank purchased for Treasury 231,822 Common Shares at an average price of $1.991 per share. In addition, in November, there were no 8% Preference Shares purchased. Related PostsBermudian McIntosh... Read more of this article

Preparations Will “Boost Economic Recovery”

Preparations Will “Boost Economic Recovery”

The Bank of N.T. Butterfield & Son today offered its congratulations to the Government of Bermuda and the Bermuda Tourism Authority for staging Bermuda’s successful bid for the 35th America’s Cup. Brendan McDonagh, Butterfield’s Chairman & Chief Executive Officer, said, “Today’s announcement by the ACEA that Bermuda will be the host... Read more of this article

The Banker Names Butterfield “Bank Of Year”

The Banker Names Butterfield “Bank Of Year”

On Friday, 28 November, international banking industry publication, The Banker, named The Bank of N.T. Butterfield & Son Limited and Butterfield Bank [Cayman] Limited the recipients of its Bank of the Year 2014 Awards in Bermuda and the Cayman Islands. This is the second consecutive year that Butterfield has been named “Bank of the Year” in... Read more of this article

Butterfield Bank Q3 2014 Net Income: $22.8M

Butterfield Bank Q3 2014 Net Income: $22.8M

The Bank of N.T. Butterfield & Son Limited today announced net income for the third quarter ended 30 September 2014 of $22.8 million [$0.03 per share on a fully diluted basis] compared to $21.6 million [$0.03 per share on a fully diluted basis] in the same quarter a year ago. Core earnings[1] for the third quarter were $27.1 million, an improvement... Read more of this article

Bank Of Butterfield To Close At 1pm On Thurs.

Bank Of Butterfield To Close At 1pm On Thurs.

The Bank of N.T. Butterfield & Son Limited said hat due to the approach and potential impact of Hurricane Gonzalo, Butterfield Banking Centres and offices will close at 1:00 p.m. on Thursday, 16 October and will remain closed on Friday, 17 October and Saturday, 18 October. A spokesperson said, “The safety of our customers and employees is... Read more of this article


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