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Butterfield Share Repurchases For July 2020

Butterfield Share Repurchases For July 2020

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of July 2020, the Bank purchased for Treasury 470,000 Common Shares at an average price of $ 24.81 per share. Related StoriesButterfield Announces Registered Offering Butterfield Completes Acquisition Of... Read more of this article

Butterfield To Hold Virtual Annual General Meeting

Butterfield To Hold Virtual Annual General Meeting

The Bank of N.T. Butterfield announced that “due to public health concerns related to COVID-19, and in the interest of protecting shareholders and employees, its Annual General Meeting of Shareholders will be changed to a virtual-only format.” “The Annual General Meeting will continue to be held on Wednesday, August 12, 2020 at 10:00... Read more of this article

Butterfield Reports Second Quarter 2020 Results

Butterfield Reports Second Quarter 2020 Results

The Bank of N.T. Butterfield & Son Limited today announced financial results for the second quarter ended June 30, 2020. “Net income for the second quarter was $34.3 million, or $0.67 per diluted common share, compared to $40.3 million or $0.77 per diluted common share for the previous quarter and $38.6 million, or $0.72 per diluted common... Read more of this article

Butterfield: Share Repurchases For June 2020

Butterfield: Share Repurchases For June 2020

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of June 2020, the Bank purchased for Treasury 425,000 Common Shares at an average price of $ 25.29 per share. Related StoriesButterfield Announces Registered Offering Butterfield Completes Acquisition Of... Read more of this article

Butterfield Automatic Deferrals End On June 30

Butterfield Automatic Deferrals End On June 30

The Bank of Butterfield reminded clients that automatic loan/mortgage payment deferrals end on June 30th, and clients wishing to avail themselves of the payment deferral offer for an additional three months — until September 30th 2020 — must notify Butterfield to opt in. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited... Read more of this article

Butterfield Bank Extends Banking Centre Hours

Butterfield Bank Extends Banking Centre Hours

The Bank of Butterfield will be extending its operating hours at all Banking Centre locations in Bermuda starting Thursday [June 11]. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited [Butterfield] announced it will be extending its operating hours at all Banking Centre locations in Bermuda effective Thursday, 11 June, corresponding... Read more of this article

Butterfield Announces Registered Offering

Butterfield Announces Registered Offering

The Bank of N.T. Butterfield ”announced the pricing of a registered offering of $100 million aggregate principal amount of Butterfield’s 5.250% Fixed to Floating Rate Subordinated Notes due 2030.” A spokesperson said, “Butterfield intends to use the net proceeds from this offering for general corporate purposes, which may include... Read more of this article

Butterfield Extends Loan Payments Deferral

Butterfield Extends Loan Payments Deferral

The Bank of Butterfield will be providing existing clients with the option of deferring loan payments by another three months –  until September 30th –  should they be facing ongoing financial difficulty due to the impact of Covid-19. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited announced it will be providing... Read more of this article

Butterfield Bank: May Share Repurchases

Butterfield Bank: May Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of May 2020, the Bank purchased for Treasury 262,500 Common Shares at an average price of $ 22.02 per share. Related StoriesButterfield Announces Registered Offering Butterfield Completes Acquisition Of... Read more of this article

Butterfield Bank Donates Additional $50,000

Butterfield Bank Donates Additional $50,000

The Bank of Butterfield has donated an additional $50,000 to extend the meal programme that it initiated with The Loren. A spokesperson said, “Butterfield today announced that it has donated an additional $50,000 to extend the duration of the emergency meal programme it initiated with The Loren Hotel until 29 May 2020. “Butterfield established... Read more of this article

Westmeath Staff, Bank Of Butterfield Thanked

Westmeath Staff, Bank Of Butterfield Thanked

Westmeath’s Board of Trustees is thanking its staff and the Bank of Butterfield for their contributions during the Covid-19 pandemic. A spokesperson said, “The hard working employees at Westmeath Residential and Nursing Care home were rewarded with a special lunch prepared and presented by the Bank of Butterfield. “The Board of Trustees wanted... Read more of this article

Butterfield: Share Repurchases For April 2020

Butterfield: Share Repurchases For April 2020

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of April 2020, the Bank purchased for Treasury 525,000 Common Shares at an average price of $ 18.33 per share. Related StoriesButterfield Announces Registered Offering Butterfield Completes Acquisition Of... Read more of this article

Butterfield Reports First Quarter 2020 Results

Butterfield Reports First Quarter 2020 Results

The Bank of N.T. Butterfield & Son Limited announced financial results for the first quarter ended March 31, 2020. Net income for the three months ended March 31, 2020 was $40.3 million, or $0.77 per diluted common share, compared to $52.1 million, or $0.96 per diluted common share, for the period ended March 31, 2019. Core net income for the three... Read more of this article