HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Bank of NT Butterfield & Son Ltd. (NTB) on Monday reported net income of $53.3 million in its second quarter.
The bank, based in Hamilton, Bermuda, said it had earnings of $1.25 per share. Earnings, adjusted for non-recurring costs, were $1.26 per share.
The community bank posted revenue of $197.9 million in the period. Its revenue net of interest expense was $146.4 million, which beat Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTB at https://www.zacks.com/ap/NTB