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Butterfield 4th Quarter & Full Year 2019 Results

Butterfield 4th Quarter & Full Year 2019 Results

The Bank of Butterfield today announced financial results for the fourth quarter and year ended December 31, 2019. “Net income for the year ended December 31, 2019 was $177.1 million or $3.30 per diluted common share, compared to $195.2 million or $3.50 per diluted common share for the year ended December 31, 2018,” the company said. “Core... Read more of this article

Butterfield Bank: January Share Repurchases

Butterfield Bank: January Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of January 2020, the Bank purchased for Treasury 252,000 Common Shares at an average price of $35.69 per share. Related StoriesButterfield Bank: December Share Repurchases Butterfield $125M Share Repurchase Program Butterfield... Read more of this article

Butterfield Announce Management Appointments

Butterfield Announce Management Appointments

In a filing with the Bermuda Stock Exchange, the Bank of Butterfield announced management changes. The full filing stated: “The Bank of N.T. Butterfield & Son Limited today announced the appointment of Jane Pearce as its new Group Head of Trust [subject to regulatory approvals], replacing Bob Moore who is retiring after more than 22 years... 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 advised that during the month of December 2019, the Bank purchased for Treasury 275,188 Common Shares at an average price of $36.09 per share. Related StoriesButterfield Bank: January Share Repurchases Butterfield $125M Share Repurchase Program Butterfield... Read more of this article

Butterfield Bank Sponsors AXA End-To-End

Butterfield Bank Sponsors AXA End-To-End

The AXA End-to-End has a new sponsor, as Butterfield, Bermuda’s oldest bank, has confirmed its commitment as a Platinum Sponsor of the annual event. Michael Neff, Butterfield’s Managing Director, Bermuda said: “We are proud to work with the End-to-End Charitable Trust and our fellow sponsors to support this eminent fundraising event. Butterfield... Read more of this article

Butterfield $125M Share Repurchase Program

Butterfield $125M Share Repurchase Program

In a filing with the Bermuda Stock Exchange, The Bank of Butterfield announced that has approved a new $125 million ordinary share repurchase program. The filing stated: “The Bank of N.T. Butterfield & Son Limited [Butterfield] today announced that its Board of Directors has approved a new $125 million ordinary share repurchase program [Program]... 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 advised that during the month of November 2019, the Bank purchased for Treasury 383,600 Common Shares at an average price of $33.79 per share. Related StoriesButterfield Bank: January Share Repurchases Butterfield Bank: December Share Repurchases Butterfield... Read more of this article

Banker Names Butterfield “Bank Of The Year”

Banker Names Butterfield “Bank Of The Year”

International banking industry publication, The Banker, has named The Bank of Butterfield Aas the “Bank of the Year 2019” in Bermuda. This is the seventh year in a row that Butterfield has received the award. Butterfield also received the Bank of the Year 2019 award for the Cayman Islands; the fifth time it has received the award during the last... Read more of this article

Butterfield Bank: October Share Repurchases

Butterfield Bank: October Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of October 2019, the Bank purchased for Treasury 150,000 Common Shares at an average price of $32.58 per share. Related StoriesButterfield Bank: January Share Repurchases Butterfield Bank: December Share Repurchases Butterfield... Read more of this article

Bank Of Butterfield Unveils New Branding

Bank Of Butterfield Unveils New Branding

The Bank of N.T. Butterfield & Son Limited today unveiled an updated brand identity for all Butterfield Group companies, featuring a more “contemporary wyvern device and modernized wordmark.” “The wyvern, a mythical sea dragon, which represents protection and valor, has been part of the Bank’s corporate identity for over 60 years,... Read more of this article

Butterfield Reports Third Quarter 2019 Results

Butterfield Reports Third Quarter 2019 Results

The Bank of  Butterfield  announced financial results for the third quarter ended September 30, 2019. Net income for the third quarter was $42.4 million or $0.79 per diluted common share, compared to $38.6 million or $0.72 per common share for the previous quarter and $50.4 million, or $0.90 per common share in the third quarter of 2018. Third quarter... Read more of this article

Lynch Appointed Butterfield Independent Director

Lynch Appointed Butterfield Independent Director

The Bank of N.T. Butterfield & Son Limited announced today that Mark Lynch, a former partner at Wellington Management Company, has joined the Bank’s Board as an Independent Director, bringing the total number of directors to ten. “Mr. Lynch is a respected investment manager and analyst with a specialization in financial services. On June... Read more of this article

Bank Of Butterfield’s 2019 Graduate Trainees

Bank Of Butterfield’s 2019 Graduate Trainees

The Bank of N.T. Butterfield & Son Limited has announced its 2019 Graduate Trainees, with Kenya Thompson, Arjah Rogers, Leitonya Edwards and Khaleb Tota joining the Bank’s two-year graduate trainee programme that will prepare them for professional careers in the financial services industry.A spokesperson said, “The Butterfield Graduate... Read more of this article