Company Profile
- With $13 billion in assets, Bermuda-based The Bank of N.T. Butterfield & Son (NYSE: “NTB” or “the bank”) traces its heritage to 1758 and was incorporated as Bermuda’s first bank in 1904. NTB operates in four key banking markets: Bermuda, Cayman, the Channel Islands (Guernsey and Jersey), and Central London.
- Core business lines consist of community banking (retail, private and commercial banking, and asset management), corporate banking, and trust and international wealth management.
- Retail and commercial banking have been historically conducted in Bermuda and Cayman where NTB has consistently maintained leading deposits shares of about 30%. In the Channel Islands, trust & funds administration and select banking services were initially offered, as a product of acquisitions; however, the bank continues to introduce traditional banking products and other services. Residential loans are offered in select high-end London…