NTB Stock Fair Value – Bank of N.T. Butterfield & Son Exceeds Expectations with Record Non-GAAP EPS and Revenue

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BANK ($NYSE:NTB): Butterfield is a publicly owned financial services company and the largest independent bank in Bermuda. It provides a wide range of services, including wealth management, retail banking, trust, and corporate banking. Butterfield’s stock is listed on both the Bermuda Stock Exchange and the New York Stock Exchange, and it has been delivering strong financial performance over the past few years.

Stock Price

Despite the challenging economic environment, NTB stock opened at $25.6 and closed at $25.8, up by 0.4% from the previous closing price of $25.6. This news reflects the strength of the company’s financials, further cementing its reputation as a reliable and successful banking institution. As the world’s largest independent bank by assets, NTB has been expanding its operations across the globe while continuing to deliver industry-leading performance. With its broad range of services, from corporate and retail banking to wealth management and asset management, it is well-positioned to take advantage of new opportunities and drive further success in the future.

Overall, NTB’s impressive results serve as a testament to its commitment to providing excellent customer service, financial strength, and innovative products. The company’s strong performance is a positive sign for its investors and a clear indication that it will remain a leader in the global financial landscape for years to come. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for NTB. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for NTB. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for NTB. More…

Key Ratios Snapshot

Some of the financial key ratios for NTB are shown below. More…

Analysis – NTB Stock Fair Value

After careful consideration, our proprietary Valuation Line has established the fair value of BANK OF N.T. BUTTERFIELD & SON share to be around $35.0. Currently, the stock is traded at $25.8, which gives it an undervaluation of 26.4%. 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

The company also reported a revenue of $147 million, which was higher by $1.14 million compared to the consensus estimates. This suggests that investors are optimistic about the company’s performance in the coming quarters. Analysts view the earnings report as a positive sign for the bank, as better-than-expected results show that the bank is able to effectively manage its operations and operations in the future. Furthermore, the strong results from the quarter indicate that the Bank of N.T. Butterfield & Son is in a good position to capitalize on future opportunities and take advantage of market conditions.