Bank of NT Butterfield & Son (NTB) Q4 Earnings and Revenues Surpass Estimates

Core Viewpoint - Bank of NT Butterfield & Son reported strong quarterly earnings, exceeding expectations and showing growth compared to the previous year [1][2]. Financial Performance - The company reported earnings of $1.34 per share, surpassing the Zacks Consensus Estimate of$1.08 per share, and up from $1.15 per share a year ago, representing an earnings surprise of 24.07$151.9 million, exceeding the Zacks Consensus Estimate by 8.42%, and up from 146.9 million year-over-year [2]. Market Performance - Bank of NT Butterfield & Son shares have increased approximately 3.9% since the beginning of the year, outperforming the S&P 500's gain of 2.5% [3]. Future Outlook - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at 0.91 for the next quarter and $3.90 for the current fiscal year [7]. - The Zacks Rank for the stock is currently 3 (Hold), indicating expected performance in line with the market in the near future [6]. Industry Context - The Banks - Foreign industry, to which the company belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8].