The Bank of N T Butterfield & Son Limited

 (3.7; 3 ratings)
3.7 3
Business Focus
private banking and wealth management

The Bank of Butterfield & Son is a universal community bank encompassing retail and corporate banking and treasury activities and a provider of specialised international financial services. In the wealth management area, the bank provides private banking, asset management and personal trust services. Butterfield also provides services to corporate and institutional clients which include asset management and corporate trust services.

Financials

Total Assets of The Bank of N T Butterfield & Son Limited
Net_income of The Bank of N T Butterfield & Son Limited
Market Share of The Bank of N T Butterfield & Son Limited
Total Assets (2018)
10,773.20 mln USD  (-0.06%)
Net Income (2018)
195.20 mln USD  (+27.33%)

The Bank of N T Butterfield & Son Limited is the 1st largest bank in Bermuda in terms of total assets. In 2018 its total assets were 10 773,20 mln USD, providing the bank with the market share of 52.31%. In 2018 the bank's net income was 195,20 mln USD.

Credit Ratings

Fitch: BBB
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

The Bank of N T Butterfield & Son Limited is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Deposit Guarantee

Protected Amount
up to 25,000 USD
Guarantee Fund
Bermuda Deposit Insurance Corporation (BDIC)
Covered Depositors
individuals
SMEs and charities registered in Bermuda
Covered Accounts
current and deposit accounts in BMD (Bermudian dollar)

The Bank of N T Butterfield & Son Limited participates in the deposit guarantee scheme of Bermuda. This deposit guarantee scheme applies to current and deposit accounts in BMD (Bermudian dollar) made by individuals, SMEs and charities registered in Bermuda and covers up to up to 25,000 USD per bank per depositor. The Bank of N T Butterfield & Son Limited is a member of Bermuda Deposit Insurance Corporation (BDIC) and makes its contributions into it.

Contacts

65 Front Street, HM 1, Hamilton, Bermuda
(441) 295-1111
(441) 292-4365

The Bank of N T Butterfield & Son Limited is located in Hamilton.

Bank Identifiers

BIC (SWIFT)
BNTBBMHM
LEI
549300V8RVM0EMTDPF28
Company Number
2106

Bank Supervision

Supervised By
Bermuda Monetary Authority
Reference Number
2106

The Bank of N T Butterfield & Son Limited is authorized and supervised by the Bermuda Monetary Authority (reference number 2106).

Bank History

Start Date
22 October 1904

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See Also

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