Business Context and Reporting Period
This Form 6-K is filed by The Bank of N.T. Butterfield & Son Limited for the month of August 2026, dated August 14, 2026. The filing discloses the furnishing of historical financial information regarding CIBC Caribbean Bank Limited ("CIBC Caribbean") in connection with an acquisition agreement entered into on May 27, 2026, with Canadian Imperial Bank of Commerce ("CIBC") and CIBC Investments (Cayman) Limited.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the following exhibits containing the financial data for CIBC Caribbean:
- Exhibit 99.1: Audited consolidated and carve-out financial statements for the years ended October 31, 2025, and 2024.
- Exhibit 99.2: Unaudited condensed consolidated and carve-out financial statements for the six months ended April 30, 2026.
Material Changes
The primary material event disclosed is the execution of a share purchase agreement on May 27, 2026, for the acquisition of the CIBC Parties' interest in CIBC Caribbean. This filing serves to incorporate the target company's financial history into Butterfield's Registration Statement on Form F-3.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, or specific risk factors regarding the acquisition. It notes that the report is incorporated by reference into the Form F-3 Registration Statement (File No. 333-277362) to the extent not superseded by subsequent documents.
Investor Verification Checklist
- Review Exhibit 99.1 for audited financial performance of CIBC Caribbean for fiscal years 2024 and 2025.
- Review Exhibit 99.2 for unaudited interim financial performance of CIBC Caribbean for the six months ended April 30, 2026.
- Verify the terms of the share purchase agreement dated May 27, 2026, in prior announcements or the full Form F-3.
- Confirm the status of the acquisition closing and any regulatory approvals required.