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Bank Of Butterfield Appoints Simon Des-Etages

Bank Of Butterfield Appoints Simon Des-Etages

The Bank of N.T. Butterfield & Son announced the appointment of Simon Des-Etages to General Counsel and Group Chief Legal Officer effective March 18, 2024. A spokesperson said, “Mr. Des-Etages succeeds Shaun Morris, who has served in the role for the last twelve years and made the decision to retire.” Michael Collins, Chairman and Chief... Read more of this article

Butterfield Share Repurchases For Feb 2024

Butterfield Share Repurchases For Feb 2024

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of February 2024, repurchased for cancellation 399,269 Common Shares at an average price of $29.87 per share. Related Stories Bank Of Butterfield Notice Of Share Ownership Butterfield Share Repurchases For Jan 2024 Butterfield... Read more of this article

Bank Of Butterfield Notice Of Share Ownership

Bank Of Butterfield Notice Of Share Ownership

In a filing with the Bermuda Stock Exchange, The Bank of N.T Butterfield & Son Limited provided notice of shareholder ownership over 5%. The notice said, “Pursuant to BSX Regulation 6.14 [2] [ii] we write to notify the BSX that the following shareholders now hold 5% or more of the Bank’s outstanding ordinary shares: Blackrock Inc –... Read more of this article

Butterfield Bank Common Share Dividend

Butterfield Bank Common Share Dividend

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced their Common Share Dividend. The full filing stated, “Pursuant to Regulations 6.15[1] and 6.20 of the BSX Listing Regulations Section IIA, we hereby notify the BSX that, effective 12 February 2024 the Board of Directors of the Bank approved... Read more of this article

Butterfield Reports Fourth Quarter 2023 Results

Butterfield Reports Fourth Quarter 2023 Results

The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter and year ended December 31, 2023. A spokesperson said, “Net income for the year ended December 31, 2023 was $225.5 million, or $4.58 per diluted common share, compared to $214.0 million, or $4.29 per diluted common share, for the year ended December... Read more of this article

Butterfield Share Repurchases For Jan 2024

Butterfield Share Repurchases For Jan 2024

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of January 2024, repurchased for cancellation 418,208 Common Shares at an average price of $30.98 per share. Related Stories Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield Senior... Read more of this article

Minors & Riihiluoma Awarded Butterfield Cup

Minors & Riihiluoma Awarded Butterfield Cup

The Chubb Bermuda Triangle Challenge Committee, in collaboration with title sponsor Butterfield, awarded the Butterfield Cups to Dage Minors and Catherine Riihiluoma for their performances as the fastest local male and fastest local female in the 2024 Butterfield Mile. A Butterfield spokesperson commented “The Butterfield Mile is a showcase event... Read more of this article

Butterfield Senior Management Appointments

Butterfield Senior Management Appointments

The Bank of Butterfield today [Jan 15] announced the appointment of Michael Neff as Group Chief Operating Officer, Jody Feldman as Managing Director and Kevin Dallas as Butterfield’s Group Chief Experience Officer. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited today announced the promotion of Michael Neff to Group Chief... Read more of this article

Butterfield Share Repurchases For Dec 2023

Butterfield Share Repurchases For Dec 2023

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of December 2023, the Bank repurchased for cancellation 338,740 Common Shares at an average price of $31.44 per share. Related Stories Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article

Butterfield Bank Share Repurchase Program

Butterfield Bank Share Repurchase Program

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that its Board of Directors has approved a $90 million ordinary share repurchase program pursuant to which the Bank is authorized to purchase up to 3.5 million of its ordinary shares through December 31, 2024 Michael Collins, Chairman and Chief Executive... Read more of this article

Butterfield & CPC Join Forces For Toys For Tots

Butterfield & CPC Join Forces For Toys For Tots

Butterfield has teamed up with the Coalition for the Protection of Children [CPC] to continue the Toys for Tots tradition this year and together have kickstarted the island-wide collection campaign. A spokesperson said, “From now until Monday, 4 December, those who are able to help can donate new toys for children [up to the age of 12], gift cards... Read more of this article

Butterfield Share Repurchases For Oct 2023

Butterfield Share Repurchases For Oct 2023

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of October 2023, repurchased for cancellation 435,962 Common Shares at an average price of $26.57 per share. Related Stories Butterfield Bank Common Share Dividend Butterfield Share Repurchases For Sept 2023 Butterfield Share... Read more of this article

Butterfield Reports Third Quarter 2023 Results

Butterfield Reports Third Quarter 2023 Results

The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended September 30, 2023. A spokesperson said, “Net income for the third quarter of 2023 was $48.7 million, or $0.99 per diluted common share, compared to net income of $61.0 million, or $1.22 per diluted common share, for the previous quarter and $57.4... Read more of this article

Butterfield Share Repurchases For Sept 2023

Butterfield Share Repurchases For Sept 2023

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of September 2023, repurchased for cancellation 335,714 Common Shares at an average price of $28.34 per share. Related Stories Butterfield Bank Common Share Dividend Butterfield Share Repurchases For Oct 2023 Butterfield Share... Read more of this article

Butterfield Bank To Open This Afternoon

Butterfield Bank To Open This Afternoon

Butterfield advises the public that its offices and Banking Centres in Bermuda will be open for business from 12.00pm to 4.00pm today [Sept 15]. A spokesperson said, “Butterfield advises the public that its offices and Banking Centres in Bermuda will be open for business from 12:00 p.m. to 4:00 p.m. today. “The ATMs at Collector’s Hill,... Read more of this article

Butterfield To Close At 2pm On Thursday

Butterfield To Close At 2pm On Thursday

All Butterfield Banking Centres in Bermuda will be closing at 2pm on Thursday [Sept 14] due to Hurricane Lee. A spokesperson said, “Some ATM’s will be temporarily unavailable from tomorrow at 12 noon due to hurricane preparations – Collector’s Hill, Modern Mart, Somerset MarketPlace and Somerset Banking Centre. “At this time, Butterfield... Read more of this article