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Read about the latest news. |
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Select the plus sign to read Butterfield Bank news releases. |
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 | 30 April 2013 | | | Guernsey | | | Butterfield Reports First Quarter Profit Hamilton, Bermuda─30 April 2013: The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today announced core earnings for the first quarter (“Q1”) ended 31 March 2013 of $15.3 million ($0.02 per Share on a fully diluted basis), compared to $14.6 million a year ago. Net income for the quarter was $13.3 million, including non-core redundancy and early retirement costs of $2.0 million, compared to net income of $14.7 million in Q1 2012. The core cash return on average tangible common equity was 7.41% in Q1 2013 compared to 7.57% in Q1 2012 reflecting higher common equity in the current quarter. |
 | 11 March 2013 | | | Guernsey | | | Butterfield helps volleyball youth development Junior volleyball has received a boost thanks to continued sponsorship of the 3 Touch Volleyball Club by Butterfield Bank. |
 | 6 March 2013 | | | Guernsey | | | Local charities boosted with £8,000 donation thanks to GIFA dinner THE Guernsey Investment Funds Association’s annual dinner guest speaker slot was regarded a success after four local personalities took to the stage for a stand-up comedy performance raising £8,000 for local charities in the process. |
 | 26 February 2013 | | | Guernsey | | | Butterfield Reports 2012 full results Hamilton, Bermuda─26 February 2013: The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today announced core earnings for the full year ended 31 December 2012 of $54.9 million ($0.07 per Share on a fully diluted basis), up 45.2% compared to $37.8 million a year ago. Net income for the year was $25.6 million, including one-time items that generated a net loss of $29.3 million, compared to net income of $40.5 million in 2011. Tangible book value per Share grew 10.5% to end the year at $1.16 per Share, compared to $1.05 per Share last year. The core cash return on tangible common equity increased from 3.8% in 2011 to 6.6% in 2012.
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 | 25 February 2013 | | | Guernsey | | | Ron Schmalcel Appointed to Butterfield Corporate Trust Role in The Bahamas |
 | 19 February 2013 | | | Guernsey | | | Butterfield sponsors young musicians’ annual concert MORE than 100 young musicians performed to a packed audience for the Guernsey Music Centre Winter Concert at St James, sponsored by Butterfield Bank. |
 | 11 February 2013 | | | Guernsey | | | Butterfield Establishes Cayman Trust Company Hamilton, Bermuda and George Town, Grand Cayman—11 February 2012: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that it has established a separately incorporated trust company in the Cayman Islands—Butterfield Trust (Cayman) Limited (“BTCL”)—through which it will continue to provide personal and corporate trust services. BTCL is a wholly owned subsidiary of Butterfield Bank (Cayman) Limited (“BBCL”), which is itself a wholly-owned subsidiary of Bermuda-based Butterfield. Trust and fiduciary services were previously provided in Cayman under the auspices of BBCL. |
 | 11 February 2013 | | | Guernsey | | | Butterfield Appoints Bruce John Head of Private Banking in Cayman Hamilton, Bermuda and George Town, Grand Cayman—11 February 2013: Butterfield Bank (Cayman) Limited (“Butterfield”) today announced that it has appointed Bruce John Senior Manager and Head of Private Banking in the Cayman Islands. In this role, Mr. John will have responsibility for leading and managing the day-to-day operations of Butterfield’s Private Banking division in Cayman and the Caribbean region. |
 | 8 February 2013 | | | Guernsey | | | Speakers to “stand up” and be counted at GIFA dinner A novel approach has been taken to the guest speaker slot at the sell-out Guernsey Investment Funds Association annual black tie dinner next month. |
 | 6 February 2013 | | | Guernsey | | | Butterfield senior manager is called to the Bar A member of the senior management team at Butterfield Bank has qualified as an English Barrister. |
 | 14 December 2012 | | | Guernsey | | | Local scenes go global in Butterfield calendar The sunrise over St Peter Port Harbour, a Navy boat anchored in the Little Russell and the low tide at Herm Island are the three local scenes featured in the 2013 Butterfield Group calendar. |
 | 3 December 2012 | | | Guernsey | | | Butterfield announces Island Games Bursary recipients BUTTERFIELD Bank has announced the recipients of its Island Games bursaries. |
 | 26 November 2012 | | | Guernsey | | | Butterfield establishes European Lending Team Butterfield Bank today announced the appointment of Alpa Bhakta to the role of Head of European Lending. |
 | 15 November 2012 | | | Guernsey | | | Butterfield Bank (Guernsey) Limited appoints Peter Walsh Chairman of the Board of Directors Hamilton, Bermuda and St. Peter Port, Guernsey— 27 November 2012: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that Mr. Peter Walsh has been appointed Chairman of the Board of Directors of its wholly-owned subsidiary, Butterfield Bank (Guernsey) Limited, effective 15 November 2012. |
 | 30 October 2012 | | | Guernsey | | | Butterfield Reports Third Quarter Profit The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today reported third quarter core earnings of $11.5 million ($0.01 per Share on a fully diluted basis) compared to $11.3 million in the third quarter of 2011. Total net income for the third quarter was $18.8 million, including $7.3 million of net income from discontinued operations primarily from the sale of Barbados. Cash earnings (before amortisation of intangibles) for the period totalled $20.1 million compared to $12.6 million in the third quarter of 2011. |
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