Bank of N.T. Butterfield CEO Sells All 207,000 Shares for $12.8 Million
Michael Collins liquidated his entire direct equity stake at $61.59 per share, eliminating all immediate ownership exposure following a strong 34% one-year return.
Michael W. Collins, CEO of The Bank of N.T. Butterfield & Son Limited, a regional financial institution with a market capitalization of $2.4 billion, recently sold all 207,000 of his ordinary shares. The transaction, valued at $12.8 million based on an average weighted sale price of $61.59 per share, took place on August 17 and 18, 2026.
The post-transaction value, calculated using the market close on August 19, 2026, was $59.06 per share. NTB reported a net income of $234.4 million over the trailing twelve months, maintaining a net profit margin of approximately 32.6%, highlighting the efficiency of its community banking model. With 1,299 employees and a customer base across retail and commercial segments, NTB continues to provide personalized banking services in Hamilton, Rhode Island.
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