Bank of N.T. Butterfield & Son (NYSE:NTB) Director Mark Lynch Acquires 10,000 Shares

June 3, 2026 by InsiderTrades.com

Key Points

Director Mark Lynch bought 10,000 shares of Bank of N.T. Butterfield & Son at an average price of $56.49, a $564,900 purchase that increased his stake by 4.45% to 234,794 shares.
The stock was up 3.2% and recently traded near its 52-week high, with shares opening at $57.91 versus a 52-week range of $40.59 to $58.06.
The bank reported solid quarterly results with EPS of $1.55 and revenue of $155.93 million, and it pays a quarterly dividend of $0.50, or $2.00 annually, for a 3.5% yield.

Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB - Get Free Report) Director Mark Lynch purchased 10,000 shares of the stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $56.49 per share, for a total transaction of $564,900.00. Following the completion of the acquisition, the director directly owned 234,794 shares in the company, valued at approximately $13,263,513.06. This represents a 4.45% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Bank of N.T. Butterfield & Son Stock Up 3.2%

NTB stock opened at $57.91 on Wednesday. The firm has a 50 day moving average of $55.02 and a 200 day moving average of $51.91. The stock has a market capitalization of $2.43 billion, a PE ratio of 10.02 and a beta of 0.51. Bank of N.T. Butterfield & Son Limited has a 52 week low of $40.59 and a 52 week high of $58.06.

Bank of N.T. Butterfield & Son (NYSE:NTB - Get Free Report) last released its earnings results on Tuesday, March 31st. The bank reported $1.55 EPS for the quarter. The company had revenue of $155.93 million during the quarter. Bank of N.T. Butterfield & Son had a net margin of 30.22% and a return on equity of 21.92%. On average, equities research analysts expect that Bank of N.T. Butterfield & Son Limited will post 6.1 earnings per share for the current year.

Bank of N.T. Butterfield & Son Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were paid a $0.50 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. Bank of N.T. Butterfield & Son's dividend payout ratio (DPR) is 34.60%.

Bank of N.T. Butterfield & Son announced that its board has approved a share repurchase program on Monday, February 9th that authorizes the company to repurchase $3.00 million in shares. This repurchase authorization authorizes the bank to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Hedge Funds Weigh In On Bank of N.T. Butterfield & Son

A number of institutional investors have recently bought and sold shares of NTB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Bank of N.T. Butterfield & Son by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,391 shares of the bank's stock worth $1,027,000 after buying an additional 1,148 shares during the last quarter. Jane Street Group LLC raised its position in Bank of N.T. Butterfield & Son by 80.3% during the 1st quarter. Jane Street Group LLC now owns 70,537 shares of the bank's stock worth $2,745,000 after buying an additional 31,420 shares during the last quarter. Prudential Financial Inc. purchased a new position in Bank of N.T. Butterfield & Son during the 2nd quarter worth approximately $243,000. Invesco Ltd. raised its position in Bank of N.T. Butterfield & Son by 3.8% during the 2nd quarter. Invesco Ltd. now owns 917,385 shares of the bank's stock worth $40,622,000 after buying an additional 33,657 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Bank of N.T. Butterfield & Son by 204.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 779 shares of the bank's stock worth $34,000 after buying an additional 523 shares during the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Bank of N.T. Butterfield & Son from $52.00 to $58.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 11th. Weiss Ratings upgraded shares of Bank of N.T. Butterfield & Son from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Monday, April 6th. Wells Fargo & Company lifted their target price on shares of Bank of N.T. Butterfield & Son from $50.00 to $57.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 12th. Finally, Zacks Research cut shares of Bank of N.T. Butterfield & Son from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.

Check Out Our Latest Stock Report on Bank of N.T. Butterfield & Son

About Bank of N.T. Butterfield & Son

(Get Free Report)

Bank of N.T. Butterfield & Son Limited, commonly known as Butterfield, is a Bermuda-based provider of banking and wealth management services. Founded in 1858, the firm has grown from a local colonial bank into an international financial institution. With a focus on personalized client service, Butterfield offers a comprehensive suite of banking and fiduciary solutions to private individuals, families, and corporate clients.

The bank's core activities include private banking, retail and commercial lending, trust and corporate administration, and fund services.