Hashtag: #BankOfButterfield
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 Offering Free Financial Class Butterfield Share Repurchases For March 2024 Butterfield... Read more of this article
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 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
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 Share Repurchases For November Butterfield Announces Registered Offering Butterfield Completes... Read more of this article
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
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 Share Repurchases For November Butterfield Announces Registered Offering Butterfield Completes... Read more of this article
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
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
Butterfield Share Repurchases For August 2023
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of August 2023, the Bank repurchased for cancellation 443,117 Common Shares at an average price of $29.35 per share. Related Stories Butterfield Share Repurchases For November Butterfield Announces Registered Offering Butterfield... Read more of this article
Butterfield Share Repurchases For July 2023
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of July 2023, the Bank repurchased for cancellation 296,300 Common Shares at an average price of $29.93 per share. Related Stories Butterfield Annual General Meeting Results Butterfield Bank Common Share Dividend Butterfield... Read more of this article
Butterfield Cautions Shareholders About Offer
The Bank of Butterfield has “been notified of an unsolicited offer made by New York Stock and Bond LLC to purchase up to 50,000 of Butterfield’s ordinary shares, or approximately 0.1% of shares outstanding, at a price of £15 per share.” The full filing with the BSX stated: “The Bank of N.T. Butterfield & Son Limited has... Read more of this article
Butterfield Reports Second Quarter 2023 Results
The Bank of N.T. Butterfield & Son Limited announced financial results for the quarter ended June 30, 2023. A spokesperson said, “Net income for the second quarter of 2023 was $61.0 million, or $1.22 per diluted common share, compared to net income of $62.2 million, or $1.24 per diluted common share, for the previous quarter and $49.1 million,... Read more of this article
Butterfield Introduces ‘Mobile Queueing’
Butterfield has introduced a ‘mobile queueing’ option at Front Street Banking Centre ahead of Cup Match week, with people able to scan a QR code and “monitor their position in the line and receive a direct notification within their browser to alert them when they are due to be served.” A spokesperson said, “With this technology... Read more of this article
Butterfield Adjusts Rates Following Fed Increase
The Bank of 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 consumer 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 mortgages... Read more of this article
Benevides & Lee Earn Butterfield Scholarships
Butterfield has awarded its annual scholarships, with Brianna Benevides earning the $30,000 Sir Harry D. Butterfield Undergraduate Scholarship, while Aaliyah Lee received the $25,000 Butterfield Undergraduate Scholarship for Employees’ Children. A spokesperson said, “Butterfield has awarded its annual scholarships to five promising students,... Read more of this article
Butterfield Offers Free Money Management Class
Butterfield is offering a free money management and financial literacy class next week for full-time college and university students between the ages of 18 and 30. A spokesperson said, “The Butterfield 101 Money Management Programme will be held on Thursday, 20 July, from 5:30p.m. on the second floor of Butterfield’s Head Office. Retail banking... Read more of this article
