Overview

* Butterfield Q3 2025 revenue beats analyst expectations, driven by higher banking fees

* EPS for Q3 2025 exceeds estimates

* Company repurchased 0.7 mln shares

Outlook

* Company did not provide specific guidance for future quarters or full year

Result Drivers

* BANKING FEES - Higher banking fees from increased card volumes and incentives drove net income growth

* NET INTEREST INCOME - Improved net interest income due to lower deposit costs and redemption of subordinated debt

* CAPITAL MANAGEMENT - Share repurchases and dividends contributed to strong shareholder returns

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $153.30 $147.90

Revenue mln mln (4

Analysts

)

Q3 EPS Beat $1.51 $1.30 (4

Analysts

)

Q3 Core $63.30

Net mln

Income

Q3 Net $61.1

Income mln

Q3 Net $92.70

Interest mln

Income

Q3 $25.70

Credit mln

Loss

Allowanc

e

Q3 $0.50

Dividend

Q3 $62.50

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Bank of NT Butterfield & Son Ltd ( NTB ) is $50.00, about 16.3% above its October 27 closing price of $41.83

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)