- NTB is the holding company for offshore banks in the Caribbean, Channel Islands, and other private banking hotspots around the world.
- The bank's conservative loan book performed well through the pandemic.
- The double-edged sword of NTB's assets are that they are highly interest rate sensitive.
- When interest rates drop, NTB's earnings drop with them. But when rates rise, NTB's earnings soar.
- NTB looks like a great way for dividend investors to play the current interest rate-hiking cycle.
For further details see:
Butterfield Bank: A 4.7%-Yielding Play On Rising Interest Rates