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Bank of NT Butterfield & Son (NTB) Surpasses Q2 Earnings and Revenue Estimates

Bank of NT Butterfield & Son (NTB) came out with quarterly earnings of 1.11pershare,beatingtheZacksConsensusEstimateof1.11 per share, beating the Zacks Consensus Estimate of 1.03 per share. This compares to earnings of 1.14pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof7.771.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.77%. A quarter ago, it was expected that this community bank would post earnings of 0.96 per share when it actually produced earnings of $1.17, delivering a surprise of 21.88%. Over the last four qu ...