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NTB

Financial Sector Update for 02/13/2017: NTB

Top Financial Shares:

JPM: +0.9%

BAC: +0.6%

WFC: +0.3%

C: +0.9%

USB: +0.7%

Financial shares were mainly higher early trade on Monday.

In financial stocks news, The Bank of N.T. Butterfield & Son ( NTB ) reported Q4 adjusted EPS of $0.62, up from $0.50 in the same period a year ago. Four analysts polled by Capital IQ had expected earnings of $0.55. Total revenues of $107.3 million were up from $85.6 million in the same period a year ago. Analysts had expected revenue of $102.6 million.

Shares in the company were 0.7% lower at $32.25 in early trade. The stock has traded between $23.75 and $34.59 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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