Bank of N T Butterfield & Son Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.08
Dividend & Yield1.76$ (4.88%)
Beta 1.39
Market capitalization 1.8B
Operating cash flow 219.27M
ESG Scores unknown

Company description

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. It accepts retail and corporate checking, savings, term, and interest bearing and non-interest bearing deposits. The company's lending portfolio includes residential mortgage lending, automobile lending, consumer financing, credit cards, overdraft facilities, commercial real estate lending, and commercial and industrial loans. It also offers investment products and services; and cash and liquidity management, foreign exchange, custody administration, and settlement services. In addition, the company provides personal and property/auto insurance products; letters of credit; and cash management, payroll, remote banking, money market, advisory, brokerage, trust, estate, company management, wealth management, and fiduciary services. Further, it offers debit cards; automated teller machines; and personal and business deposit, merchant acquiring, and mobile and internet banking services. The company operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Switzerland, Singapore, Mauritius, and Canada. It also operates through multiple branches in Bermuda and the Cayman Islands. The company was founded in 1858 and is headquartered in Hamilton, Bermuda.

Sector: Financial Services - Industry: Banks—Diversified

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities 1.09B -41.71M -1.91B 292.02M
Net Borrowings 27.65M 27.65M
Total Cash From Financing Activities -919.43M 546.45M 535.78M -506.81M
Change To Operating Activities 26.67M -37.63M -13.8M -65k
Issuance Of Stock 349k 1.74M
Net Income 177.07M 147.22M 162.67M 214.02M
Change In Cash 508.78M 735.6M -1.11B -86.95M
Effect Of Exchange Rate 86.06M 42.71M 7.54M -91.44M
Total Cash From Operating Activities 248.72M 188.15M 251.35M 219.27M
Depreciation 48.39M 62.44M 69.46M 40.18M
Change To Account Receivables
Other Cashflows From Financing Activities -744.61M 692.63M 642.82M -415.57M
Change To Netincome 15.17M 24.27M 19.73M 19.16M
Capital Expenditures -22.78M -20.57M -15.72M -26.88M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 175.7M 149.59M 165.79M 217.7M
Net Income 177.07M 147.22M 162.67M 214.02M
Selling General Administrative 290.62M 288.56M 284.37M 283.14M
Gross Profit 532.63M 494.19M 499.68M 549.3M
Ebit
Operating Income 202.66M 163.41M 173.3M 224.38M
Interest Expense
Income Tax Expense -1.37M 2.38M 3.12M 3.68M
Total Revenue 532.63M 494.19M 499.68M 549.3M
Cost Of Revenue
Total Other Income ExpenseNet -26.95M -13.82M -7.51M -6.68M
Net Income From Continuing Ops 177.07M 147.22M 162.67M 214.02M
Net Income Applicable To Common Shares 177.07M 147.22M 162.67M 214.02M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 12.96B 13.76B 14.36B 13.44B
Total Stockholder Equity 963.74M 981.95M 977.49M 864.82M
Other Current Liabilities
Total Assets 13.92B 14.74B 15.34B 14.31B
Common Stock 530k 500k 499k 503k
Other Current Assets 39.03M 33.61M 31.26M 32.36M
Retained Earnings -9.24M 33.92M 104.33M 229.73M
Treasury Stock -109.12M -65.8M -144.97M -398.05M
Cash 3.14B 3.76B 3B 2.49B
Total Current Liabilities 12.65B 13.41B 14.02B 13.15B
Other Stockholder Equity -87.1M -49.68M -124.92M -377.45M
Property, Plant, and Equipment 198.07M 192.01M 171.38M 165.97M
Total Current Assets 3.36B 4B 3.13B 2.59B
Net Tangible Assets 859.13M 884.14M 884.56M 776.64M
Net Receivables
Accounts Payable 12.44B 13.25B 13.87B 12.99B


Insider Transactions

Here are the insider transactions of stock shares related to Bank of N T Butterfield & Son Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Bank of N T Butterfield & Son Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Bank of N T Butterfield & Son Ltd

Here is the result of two systematic investment strategies applied to Bank of N T Butterfield & Son Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Bank of N T Butterfield & Son Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Bank of N T Butterfield & Son Ltd:

Bank of N T Butterfield & Son Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.62% on the backtest period.

Performance at glance

Performance

0.62 %

Latent gain

14.05 $

Invested capital

2258.51 $

Annualized return

0.15 %
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Momentum strategy results on Bank of N T Butterfield & Son Ltd

This is the result of two momentum investment strategies applied to Bank of N T Butterfield & Son Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Bank of N T Butterfield & Son Ltd

The following chart shows all the entries opened by the momentum investment system on Bank of N T Butterfield & Son Ltd:

Bank of N T Butterfield & Son Ltd momentum entries
  • The first momentum investment strategy would give 4.63% of return on Bank of N T Butterfield & Son Ltd. That represents 243.85$ of latent gain with 5270.45$ of employed capital.
  • The second momentum investment strategy would give -4.28% of return on Bank of N T Butterfield & Son Ltd. That represents -85.26$ of latent gain with 1990.2$ of employed capital.
Performance at glance (1Q Momentum)

Performance

4.63 %

Latent gain

243.85 $

Invested capital

5270.45 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-4.28 %

Latent gain

-85.26 $

Invested capital

1990.2 $

Annualized return

-1.17 %

Momentum equity curve on Bank of N T Butterfield & Son Ltd

The following chart shows the equity curve of the two momentum strategies applied to Bank of N T Butterfield & Son Ltd:

Bank of N T Butterfield & Son Ltd momentum equity

Note: the dividends potentially given by Bank of N T Butterfield & Son Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Bank of N T Butterfield & Son Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Bank of N T Butterfield & Son Ltd since the beginning:

Bank of N T Butterfield & Son Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Bank of N T Butterfield & Son Ltd

Buy the dip entry openings on Bank of N T Butterfield & Son Ltd

Bank of N T Butterfield & Son Ltd

The performance achieved by the robo-advisor on Bank of N T Butterfield & Son Ltd is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Bank of N T Butterfield & Son Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Bank of N T Butterfield & Son Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Bank of N T Butterfield & Son Ltd

The following chart shows the result of the investment strategy applied to Bank of N T Butterfield & Son Ltd:

Bank of N T Butterfield & Son Ltd

Note: the dividends potentially given by Bank of N T Butterfield & Son Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Bank of N T Butterfield & Son Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Bank of N T Butterfield & Son Ltd:

Bank of N T Butterfield & Son Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Bank of N T Butterfield & Son Ltd

In this section, I will compare the three previous investment strategies applied to Bank of N T Butterfield & Son Ltd.

Equity curve comparison on Bank of N T Butterfield & Son Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Bank of N T Butterfield & Son Ltd investment strategy comparison

Employed capital comparison on Bank of N T Butterfield & Son Ltd

Bank of N T Butterfield & Son Ltd investment comparison

Performance comparison on Bank of N T Butterfield & Son Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.62% 14.05$ 2258.51$ 0.15%
Momentum 1 quarter 4.63% 243.85$ 5270.45$ 1.19%
Momentum 2 quarters -4.28% -85.26$ 1990.2$ -1.17%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

0.15 %

Momentum 1Q

-1.17 %

Momentum 2Q

-1.17 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Bank of N T Butterfield & Son Ltd:

Positive correlations

Most correlated stocks this year

  • Bank of N T Butterfield & Son Ltd

  • Most correlated stocks last 3 months

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  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • CR CONSTRUCTION
  • AdvisorShares Dorsey Wright Short ETF -1x Shares

  • Note: The algorithm computes the probability of correlation between Bank of N T Butterfield & Son Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Bank of N T Butterfield & Son Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Bank of N T Butterfield & Son Ltd
    Country Bermuda
    City Hamilton
    Address 65 Front Street
    Phone 441 295 1111
    Website www.butterfieldgroup.com
    FullTime employees 1261
    Industry Banks—Diversified
    Sector Financial Services
    Exchange XNYS
    Ticker NTB
    Market www.nyse.com

    Bank of N T Butterfield & Son Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown