{
  "id": 4907000,
  "title": "Bank of N.T. Butterfield (NTB): A Caribbean Banking Stock Trading Below 10x Earnings",
  "url": "https://urgent.news/2026/09/01/bank-of-n-t-butterfield-ntb-a-caribbean-banking-stock-trading-below",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T17:14:17.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/bank-n-t-butterfield-ntb-171417559.html"
  },
  "original_language": "en",
  "account": "First Pacific Advisors' Second Quarter 2026 Investor Letter highlights The Bank of N.T. Butterfield (NYSE:NTB) as a standout small-cap holding. The Caribbean-focused bank, based in Bermuda, provides banking and wealth-management services. NTB boasts strong return on equity and operates in low-risk assets. In May 2026, the bank acquired CIBC's Caribbean operations for 1.1x book and 9x earnings, nearly doubling its size. Despite this expansion, NTB remains undervalued at less than 10x earnings. The bank has an attractive return on equity, making it an appealing investment according to FPA Queens Road Small Cap Value Fund.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}