Tag: Bank of Butterfield

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

Butterfield September Share Repurchases

Butterfield September Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of September, 2014, the Bank purchased for Treasury 968,789 Common Shares at an average price of $1.990 per share. In addition, in September, the Bank purchased 137 8% Preference Shares for cancellation at an average price of... Read more of this article

Butterfield Introduces First Multi-Currency ATM

Butterfield Introduces First Multi-Currency ATM

The Bank of Butterfield has unveiled the island’s first multi-currency ATM in the newly refurbished international departures lounge at L.F. Wade International Airport. The ATM, which is located airside [past security] outside the British Airways Lounge, dispenses Canadian dollars, Great Britain Pounds and Euros. Sean Lee, Executive Vice President... Read more of this article

Shawn Beber Joins Bank Of Butterfield Board

Shawn Beber Joins Bank Of Butterfield Board

The Bank of N.T. Butterfield & Son Limited today announced that Shawn Beber has joined its Board as a non-executive Director. Mr. Beber was nominated for appointment to the Board by Canadian Imperial Bank of Commerce [CIBC] to replace Victor Dodig, as one of its two representatives on Butterfield’s 10-member Board. Mr. Dodig resigned from the... Read more of this article

Butterfield Bank August Share Repurchases

Butterfield Bank August Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of August, 2014, the Bank purchased for Treasury 1,063,286 Common Shares at an average price of $1.986 per share. In addition, in June, the Bank purchased 174 8% Preference Shares for cancellation at an average price of $1,177.22. Related... Read more of this article

Butterfield Summer Students Challenge Winner

Butterfield Summer Students Challenge Winner

The Bank of N.T. Butterfield & Son Limited announced the winning team from its annual Summer Student Employment Programme Challenge. This year’s Challenge saw teams of Butterfield Summer Students assigned to one of four local charities for whom they were tasked with developing business proposals and presentations to help address current business... Read more of this article

Butterfield Bank July Share Repurchases

Butterfield Bank July Share Repurchases

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of July, 2014, the Bank purchased for Treasury 1,141,532 Common Shares at an average price of $1.996 per share. In addition, in July, the Bank did not purchase any 8% Preference Shares for cancellation. Related PostsButterfield... Read more of this article

Butterfield Bank 2014 Q2 Net Income: $27.5M

Butterfield Bank 2014 Q2 Net Income: $27.5M

The Bank of N.T. Butterfield & Son Limited today announced net income for the second quarter ended 30 June 2014 of $27.5 million [$0.04 per share on a fully diluted basis] compared to $32.9 million [$0.05 per share on a fully diluted basis] in the same quarter a year ago. Core earnings for the second quarter were $26.0 million, an improvement of... Read more of this article

Butterfield Names 2014 Scholarship Winners

Butterfield Names 2014 Scholarship Winners

The Bank of N.T. Butterfield & Son Limited today announced that its Sir Harry D. Butterfield Undergraduate and Sir A. Dudley Spurling Postgraduate Scholarships have been awarded to Victoria Clarke and Marlena Tucker, respectively. Victoria is a recent graduate of the International Baccalaureate programme at Bermuda High School for Girls, and in... Read more of this article


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