The Bank of N.T. Butterfield & Son Limited

NTB ·Financial, Banks - Regional
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014
Revenue $454.7M $402.6M $364.3M $381.0M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $170.2M $133.1M $102.3M $134.6M
Operating Margin 37.4% 33.1% 28.1% 35.3%
Interest Expense $15.9M $16.4M $23.3M $26.6M
Pretax Income $154.3M $116.7M $79.0M $108.0M
Income Tax Expense $1.1M $727.0K $1.3M $-169.0K
Net Income $153.3M $115.9M $77.7M $108.2M
Net Margin 33.7% 28.8% 21.3% 28.4%
EPS (Basic) $2.82 $1.20 $1.25 $1.67
EPS (Diluted) $2.76 $1.18 $1.23 $1.65
Shares Outstanding (Basic) 54.7M 53.3M 47.3M
Shares Outstanding (Diluted) 54.7M 53.3M 47.3M
Dividends Per Share $1.28 $0.40 $0.50 $0.50
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