NTB Intrinsic Value Calculator – Victory Capital Management Slashes Stake in Bank of N.T. Butterfield & Son Limited: Implications for Investors Revealed
August 2, 2023
🌧️Trending News
Bank ($NYSE:NTB) of N.T. Butterfield & Son Limited is a financial institution that provides a range of banking services, including retail, corporate, and private banking, as well as treasury and wealth management services. It also offers online banking, and other financial products and services through its subsidiaries. The company is headquartered in Hamilton, Bermuda and has operations across the Caribbean, Europe, and the Americas. The recent reduction of ownership by Victory Capital Management Inc. has caught many investors off guard and has caused some market volatility. Victory Capital Management Inc. is one of the largest institutional investors and its portfolio was heavily invested in Bank of N.T. Butterfield & Son Limited. By reducing its stake, it has raised questions among investors over the bank’s financial health and the implications this could have for their investments. Investors will be closely monitoring the fallout from this change in ownership to determine the impact it will have on the stock price and any other potential implications for their investments.
In addition, analysts will be analyzing the performance of the bank to gain insight into its financial stability and the potential impact this could have on its future performance.
Market Price
On Tuesday, the company’s stock opened at $31.6 but closed at $30.8, representing a drop of 4.0% from the previous closing price of $32.1. The news of Victory Capital’s stock reduction sparked discussions around the possible reasons behind their move, as well as its potential impact on the stock’s performance in the coming days. While some investors are still in favor of investing in Bank of N.T. Butterfield & Son, others are wary of the volatility that may follow in the coming days as the market absorbs the news of Victory Capital Management’s reduced stake. Considering the uncertain market outlook in light of this news, investors should be cautious and watch the markets closely before deciding to invest or divest their holdings in Bank of N.T. Butterfield & Son Limited. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NTB. More…
| Total Revenues | Net Income | Net Margin |
| – | 231.87 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NTB. More…
| Operations | Investing | Financing |
| 235.26 | 475.91 | -1.41k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NTB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.73k | 12.8k | – |
Key Ratios Snapshot
Some of the financial key ratios for NTB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.2% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – NTB Intrinsic Value Calculator
Our proprietary Valuation Line has calculated the fair value of BANK OF N.T. BUTTERFIELD & SON’s shares to be around $36.4. However, the current market price of the stock is only $30.8, meaning it is undervalued by 15.4%. This means that BANK OF N.T. BUTTERFIELD & SON is an attractive investment opportunity for those looking to increase their return on investment. More…
Peers
There is intense competition between Bank of N.T Butterfield & Son Ltd and its competitors Sydbank A/S, Bankinter SA, Entie Commercial Bank. All four companies are striving to be the leading bank in their respective countries and regions. They all offer similar products and services, but each has its own unique selling proposition. Bank of N.T Butterfield & Son Ltd has a strong focus on private banking, while Entie Commercial Bank has a strong corporate banking offering. Bankinter SA has a strong digital banking offering, while Sydbank A/S has a strong focus on sustainable banking.
– Sydbank A/S ($OTCPK:SYANY)
Sydbank A/S is a leading provider of financial services in Denmark. The company has a market cap of 1.86B as of 2022. Sydbank A/S offers a wide range of banking and financial services to its clients, including personal and corporate banking, investment banking, asset management, and insurance. The company is headquartered in Copenhagen, Denmark.
– Bankinter SA ($OTCPK:BKIMF)
Bankinter SA is a Spanish bank with a market cap of 5.1B as of 2022. The company offers a wide range of banking products and services to retail, corporate, and institutional clients in Spain and Portugal. Bankinter has a strong focus on digitalization and innovation, and was one of the first banks in Spain to offer mobile banking and contactless payments. The bank has a network of over 750 branches and 4,500 employees.
– Entie Commercial Bank ($TWSE:2849)
Entie Commercial Bank is one of the largest banks in Taiwan with a market cap of 28.09B as of 2022. The company provides a wide range of banking and financial services to customers including loans, deposits, credit cards, and foreign exchange.
Summary
Victory Capital Management Inc. recently made a major move by significantly reducing its shareholding in Bank of N.T. Butterfield & Son Limited. As a result, the stock price of the bank dropped the same day. Analysts have speculated that this move could have significant implications for the company’s future performance. Investment experts have suggested that investors should be paying close attention to any new developments in the bank’s operations, as the reduced stake could indicate a lack of confidence in its financial position or potential growth prospects.
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