trending Market Intelligence /marketintelligence/en/news-insights/trending/77c18ufzsc0whw06yczq0q2 content esgSubNav
In This List

Fitch affirms Bank of N.T. Butterfield & Son ratings

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Fitch affirms Bank of N.T. Butterfield & Son ratings

Fitch Ratings on May 10 affirmed Hamilton, Bermuda-based Bank of N.T. Butterfield & Son Ltd.'s long-term issuer default rating at BBB and viability rating at "bbb."

The rating agency also affirmed Bank of N.T. Butterfield & Son's short-term IDR at F2, support rating at 2, support floor at BBB and subordinated debt rating at BBB-.

According to the rating agency, Bank of N.T. Butterfield & Son's ratings affirmation reflects the company's "good core profitability, solid execution of strategic objectives and disciplined expense management."

The outlook is stable.