Company Information

  

Address: 65 FRONT STREET  
City: HAMILTON 
State:  
Zip Code: HM 12 
Telephone: 441-295-1111 

Description of Business

Primary SIC Code: 6029
(As filed with the SEC)  

INFORMATION ON THE COMPANY Overview We are a full service bank and wealth manager headquartered in Hamilton, Bermuda. We operate our business through six geographic segments: Bermuda, the Cayman Islands, and Guernsey, where our principal banking operations are located; and The Bahamas, Switzerland, and the United Kingdom, where we offer specialized financial services. We offer banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management. In our Bermuda and Cayman Islands segments, we offer both banking and wealth management. In our Guernsey, Bahamas, and Switzerland segments, we offer wealth management. In our United Kingdom segment, we offer residential property lending. For the year ended December 31, 2017 we generated $454.7 million in net revenue after provision for credit losses and other gains/losses ("Net Revenue").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20172.760.32013.15
12/20162.480.10012.68

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.13Total Liab/Total Assets0.92
Net Inc/Total Assets0.01Total Liab/Inv Cap0.92
Net Inc/Inv Cap0.01Total Liab/Comm Equity8.61
Pretax Inc/Net Sales0.36Interest Coverage Ratio32.15
Net Inc/Net Sales0.35Curr Debt/EquityNA
Cash Flow/Net Sales0.56LTD/EquityNA
SG&A/NetSales0.63Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover18.14Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.49  

Income Statement (Millions)

  12/31/2017 12/31/2016 6/30/2016 12/31/2015
Total Revenues(Net Sales) 432.50 392.81 191.09 361.42
Cost of Goods Sold 10.93 11.83 6.53 18.45
Selling & Admin Exps 274.48 254.08 119.04 257.10
Operating Income NA NA NA NA
Interest Exp 4.95 4.62 2.32 4.87
Pretax Income 154.34 116.67 57.04 79.02
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 153.25 115.94 56.53 77.74

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 6/30/2016 12/31/2015
Cash & Short Term Investments 6,670.11 7,170.37 6,961.39 5,922.30
Receivables - Total 24.92 22.78 17.99 17.46
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 173.92 181.97 183.42 194.58
Total Assets 10,779.24 11,103.55 11,287.19 10,275.56
Liabilities        
Accounts Payable 131.17 142.11 124.76 125.53
Debt in Current Liabilities NA NA 21.98 NA
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 9,956.36 10,392.80 10,471.27 9,525.21
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA 0.00 0.00
Common Stock 0.55 0.53 0.47 0.47
Retained Earnings -204.16 -287.68 -329.62 -368.62
Treasury Stock 0.00 -0.04 -9.43 -16.35
Total Stockholders' Equity 822.88 710.74 815.92 750.35
Total Liabilities and Stockholders' Equity 10,779.24 11,103.55 11,287.19 10,275.56

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 6/30/2016 12/31/2015
Net Cash Provided by Operating Activities 241.71 178.20 39.50 155.54
Net Cash Provided by Investing Activities -168.59 -1,199.77 -644.68 -325.85
Net Cash Provided by Financing Activities -686.28 939.59 1,039.97 426.88

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2014386.24108.16--
12/2015361.4277.74--
12/2016392.81115.942.48
12/2017432.50153.252.76
Growth Rates3.8412.32--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1816939,59371.80




Report Date : 7/16/2018

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