Butterfield Bank Surges with Strong 2023 Finale

Butterfield Bank Reports Strong Financial Results for 2023, Declares Dividend and Authorizes Share Repurchase Program

The Bank of N.T. Butterfield & Son Limited (BSX: NTB.BH; NYSE: NTB) has announced its financial results for the fourth quarter and full year of 2023, demonstrating a robust fiscal performance. The bank reported a net income of $225.5 million, or $4.58 per diluted common share, for the year ending December 31, 2023. This represents an increase from the previous year’s net income of $214.0 million, or $4.29 per diluted common share.