Hashtag: #BankOfButterfield
Butterfield: No Share Repurchases In Jan 2023
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of January 2023, the Bank did not repurchase Common Shares for cancellation. Related Stories Butterfield Share Repurchases For March 2024 Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article
Butterfield Adjusts Rates Following Fed Increase
The Bank of N.T. Butterfield announced that “in response to today’s 25 basis point increase in the target range of the US Federal Funds Rate, it is adjusting its base interest rates on loans and mortgages by a quarter of a percentage point [0.25%].” A spokesperson said, “The change in base rates applies to Bermuda dollar residential... Read more of this article
Feb 13: Butterfield To Release Financial Results
The Bank of Butterfield will release their fourth quarter and full year 2022 financial results on February 13th. The company’s filing with the BSX said, “The Bank of N.T. Butterfield & Son Limited will release fourth quarter and full year 2022 financial results following the close of the New York Stock Exchange on Monday, February 13,... Read more of this article
Butterfield Scholarship Applications Open
Butterfield announced that the 2023 Bermuda Undergraduate Scholarship is open to applications. A spokesperson said, “Now in its 45th year, the scholarship is awarded annually to outstanding students in honour of the bank’s late Chairman, Sir Harry D. Butterfield. The scholarship is worth $30,000 and can be maintained for up to four years of full-time... Read more of this article
Butterfield Reid St Saturday Hours Suspended
The Bank of Butterfield’s Reid Street Saturday Banking hours “will be temporarily suspended until 4 March to allow time for annual training and infrastructure investment initiatives.” A spokesperson said, “We apologise for any inconvenience caused. To access your accounts, please use our Butterfield Online, ATM and mobile banking... Read more of this article
Butterfield: No Share Repurchases In Dec 2022
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of December 2022, the Bank did not repurchase Common Shares for cancellation. Related Stories Butterfield Share Repurchases For March 2024 Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article
Butterfield: No Share Repurchases In Nov 2022
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of November 2022, the Bank did not repurchase Common Shares for cancellation. Related Stories Butterfield Share Repurchases For March 2024 Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article
Butterfield Adjusts Rates Following Fed Increase
The Bank of N.T. Butterfield announced that “in response to today’s 50 basis point increase in the target range of the US Federal Funds Rate, it is adjusting its base interest rates on loans by a quarter of a percentage point [0.25%], absorbing half of the rise.” A spokesperson said, “The change in base rates applies to Bermuda dollar... Read more of this article
Butterfield Named Bermuda’s Bank Of The Year
Butterfield has been named Bank of the Year 2022 in Bermuda by The Banker, an international financial affairs publication. “The Banker, owned by the Financial Times, has been the world’s leading monthly journal of record for the banking industry for almost a century. Its awards programme aims to highlight industry excellence and marks out banks... Read more of this article
Ingrid Pierce Joins Butterfield Bank’s Board
The Bank of N.T. Butterfield & Son announced today that Ingrid Pierce, Global Managing Partner of Walkers, a leading international law firm, has joined the Bank’s Board as an Independent Director, bringing the total number of Directors to ten. A spokesperson said, “Ms. Pierce is amongst the world’s leading investment fund lawyers, acting... Read more of this article
Butterfield Receives ‘Best Private Bank’ Awards
Butterfield has been recognised as the Best Private Bank in Bermuda and the Cayman Islands by The Banker and PWM in the 14th annual Global Private Banking Awards 2022 and also by Global Finance in their eighth annual World’s Best Private Banks 2023 awards. A spokesperson said, “The Global Private Banking Awards are considered amongst the most... Read more of this article
Following US Change, Butterfield Adjusts Rates
The Bank of Butterfield announced that in response to the “75 basis point increase in the target range of the US Federal Funds Rate, it is adjusting its base interest rates on loans by a quarter of a percentage point [0.25%], absorbing two thirds of the rise.” A spokesperson said, “The change in base rates applies to Bermuda dollar residential... Read more of this article
Butterfield: No Share Repurchases In October
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of October 2022, the Bank did not repurchase Common Shares for cancellation. Related Stories Butterfield Share Repurchases For March 2024 Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article
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 31 October 2022, the Board of Directors of Butterfield approved... Read more of this article
Butterfield Reports Third Quarter 2022 Results
The Bank of Butterfield today announced financial results for the quarter ended September 30, 2022. A spokesperson said, “Net income for the third quarter of 2022 was $57.4 million, or $1.15 per diluted common share, compared to net income of $49.1 million, or $0.99 per diluted common share, for the previous quarter and $39.8 million, or $0.80... Read more of this article
Butterfield: No Share Repurchases In September
In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of September 2022, the Bank did not repurchase Common Shares for cancellation. Related Stories Butterfield Share Repurchases For March 2024 Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield... Read more of this article
