Bank of N.T. Butterfield & Son which can be found using ticker (NTB) have now 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 45 and 35 calculating the average target price we see $39.40. Given that the stocks previous close was at $25.13 and the analysts are correct then we can expect a percentage increase in value of 56.8%. The 50 day moving average now sits at $31.39 and the 200 moving average now moves to $32.44. The company has a market capitalization of $1,300m. Company Website: https://www.butterfieldgroup.com
The potential market cap would be $2,038m based on the market consensus.
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.
The company has a dividend yield of 6.76% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.07, revenue per share of 11.08 and a 1.44% return on assets.
