Bank of N.T. Butterfield & Son Ltd (NTB) Form 6-K — Aug 14, 2026

$NTBForm 6-KFiled Aug 14, 2026, 5:07 PM ET0001653242-26-000082Original filing

The Bank of N.T. Butterfield & Son Limited furnished a Form 6-K on August 14, 2026 containing historical financial information for CIBC Caribbean Bank Limited, the business it agreed on May 27, 2026 to acquire from Canadian Imperial Bank of Commerce and CIBC Investments (Cayman) Limited. Audited carve-out results show CIBC Caribbean earned net income of $213.0 million for fiscal 2025, down from $275.7 million in fiscal 2024, as credit loss expense jumped to $47.7 million from $2.7 million and EPS slipped to 13.2 cents from 17.1 cents.

Key figures

Eps: 13.2 cents basic and diluted (CIBC Caribbean FY2025, vs 17.1 cents FY2024)
Revenue: $764.3 million total operating revenue (CIBC Caribbean FY2025)
Net Income: $213.0 million (CIBC Caribbean FY2025; $207.7 million attributable to equity holders)
Cash Position: $1.97 billion cash and cash equivalents at October 31, 2025
Net loans oct 2025: $7.44 billion
Cibc holdco ownership: 91.7% of CIBC Caribbean held by CIBC Investments (Cayman) Limited
Net income yoy change: -22.7%
Total equity oct 2025: $1.67 billion
Fy2025 income tax expense: $36.0 million, including $11.0 million Global Minimum Tax charge
Total securities oct 2025: $3.32 billion
Credit loss expense fy2025: $47.7 million vs $2.7 million in FY2024
Carve out non core investments: $73.5 million to be purchased by CIBC prior to close (bought for $129.6 million in 2025 with $56.2 million of impairments)
Cibc caribbean fy2024 net income: $275.7 million

AI analysis

Red flags4 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.