KBW Reiterates a Hold Rating on Bank of NT Butterfield & Son (NTB)

Bank of NT Butterfield & Son Ltd. (NYSE:NTB) is one of the best small cap low volatility stocks to invest in. On July 29, KBW analyst Tim Switzer maintained a Hold rating on Bank of NT Butterfield & Son Ltd. (NYSE:NTB) and set a price target of $50.00.

Is Bank of NT Butterfield & Son Ltd. (NTB) The Best Small Cap Bank Stock To Invest In Now?

A close-up of a borrower signing off a loan with a smile on their face.

The rating update came after Bank of NT Butterfield & Son Ltd. (NYSE:NTB) reported its fiscal Q2 2025 earnings on July 28, with net income for the quarter reaching $53.3 million and core net income of $53.7 million, or $1.26 per share.

Management reported a return on average common equity of 20.3% and a core return on average tangible common equity of 22.3%. Bank of NT Butterfield & Son Ltd. (NYSE:NTB) also repurchased 1.1 million shares at an average price of $40.69 per share.

Bank of NT Butterfield & Son Ltd. (NYSE:NTB) provides community banking and wealth management business. The company’s operations are divided into the following geographical segments: Bermuda, the Cayman Islands, Channel Islands and the UK, and Other.

While we acknowledge the potential of NTB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NTB and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.