Bank of N.T. Butterfield & Son (NTB)

• Market cap: $1.9B
• 1 day: -1.16%
• 5 days: 1.69%
• 1 month: 1.42%
• 3 months: 5.56%
• 6 months: 15.00%
• Year to date: 23.80%
• 1 year: 18.48%
• 5 years: 72.15%
• 10 years: 81.82%
• Sector: Financials
• Industry: Banks - Diversified

About: Bank of N.T Butterfield & Son Ltd is a full-service bank and wealth manager. It operates the business through three geographic segments, Bermuda, Cayman Islands, the Channel Islands and the UK. The company offers banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management. The company generates a majority of its revenue from Bermuda, and the Cayman Islands segments.

Employees: 1,306

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1,225% more call options, than puts

Call options by funds: $53K | Put options by funds: $4K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

73% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 15

9% more capital invested

Capital invested by funds: $1.17B [Q1] → $1.28B (+$104M) [Q2]

4.72% more ownership

Funds ownership: 62.67% [Q1] → 67.39% (+4.72%) [Q2]

3% more funds holding

Funds holding: 192 [Q1] → 198 (+6) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 71

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 11% upside
• Avg. target: $51 14% upside
• High target: $54 20% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer	11% upside $50	Market Perform Maintained	11 Jul 2025
Wells Fargo Timur Braziler	20% upside $54	Overweight Maintained	10 Jul 2025
Raymond James Daniel Tamayo	11% upside $50	Outperform Reiterated	8 Jul 2025