Wealth and Asset Management
Butterfield beats estimates with $50.9m profit
Financial highlights for the fourth quarter of 2018: Net income of $50.9 million, or $0.92 per share; Core net income1 of $51.1 million, or $0.92 per share; Return on average common equity of 23.4%; core return on average tangible common equity of 25.8%; Net interest margin of 3.38%; Board increases…
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