The Online Investor
Financial IPOs image Financial IPOs » By The Online Investor Staff, updated Sat., Mar. 25, 2:13 PM
Recent initial public offerings in the Financial IPOs category.

Slide #1. The Bank of N.T. Butterfield & Son Limited Initial Public Offering

Company: The Bank of N.T. Butterfield & Son Limited
Proposed Symbol: NTB
Shares Offered: 10,638,298
Price Per Share: $23.50
Over-Allotment: 1,595,744
Description: The Bank of N.T. Butterfield & Son Limited ("Butterfield") (BSX: NTB.BH), announced today the pricing of its US initial public offering ("IPO") of 10,638,298 of its voting ordinary shares ("Common Shares") at a price to the public of $23.50 per share. Butterfield is selling 5,957,447 Common Shares, with expected net proceeds of approximately $127 million to be used for general corporate purposes. In addition, certain selling shareholders ("Selling Shareholders") in the offering are selling 4,680,851 Common Shares for approximately $110 million. Certain of the Selling Shareholders have granted the underwriters a 30-day option to purchase an additional 1,595,744 shares at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on 16 September 2016 on the New York Stock Exchange under the ticker symbol "NTB."

IPOs: The Bank of N.T. Butterfield & Son Limited

List of Financial IPOs in this Slideshow: Company Ticker IPO Date ConnectOne Bancorp, Inc. CNOB Citizens Financial Group CFG The First of Long Island Corporation FLIC The Bank of N.T. Butterfield & Son Limited NTB

Financial IPOs Page |

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.