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Hamilton, Bermuda—15 July 2016: Butterfield Group today announced that it has been shortlisted for consideration for several prestigious 2017 Citywealth International Financial Centre (“IFC”) awards:
Hamilton, Bermuda─22 February 2016: The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today announced core earnings for 2015 of $113.9 million, an improvement of $7.5 million compared to $106.4 million earned in 2014. The core cash earnings per share increased $0.03 to $0.20 per share. The core cash return on average tangible common equity improved to 18.4% in 2015, compared to 15.1% in 2014. Reported net income for the year ended 31 December 2015 was $77.7 million ($0.12 per share on a fully diluted basis) compared to $108.2 million ($0.16 per share on a fully diluted basis) in 2014, down $30.5 million year over year.