NBT Bancorp Inc. (NBTB)

NASDAQ: NBTB · IEX Real-Time Price · USD
33.51
+0.49 (1.48%)
Apr 18, 2024, 1:56 PM EDT - Market open
1.48%
Market Cap 1.58B
Revenue (ttm) 495.12M
Net Income (ttm) 118.78M
Shares Out 47.15M
EPS (ttm) 2.65
PE Ratio 12.46
Forward PE 11.02
Dividend $1.28 (3.82%)
Ex-Dividend Date Feb 29, 2024
Volume 34,270
Open 33.04
Previous Close 33.02
Day's Range 33.03 - 33.53
52-Week Range 27.53 - 43.77
Beta 0.51
Analysts Buy
Price Target 41.67 (+24.35%)
Earnings Date Apr 22, 2024

About NBTB

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans. It also... [Read more]

Sector Financials
Founded 1856
Employees 2,034
Stock Exchange NASDAQ
Ticker Symbol NBTB
Full Company Profile

Financial Performance

In 2023, NBT Bancorp's revenue was $495.12 million, a decrease of -1.10% compared to the previous year's $500.62 million. Earnings were $118.78 million, a decrease of -21.85%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NBTB stock is "Buy." The 12-month stock price forecast is $41.67, which is an increase of 24.35% from the latest price.

Price Target
$41.67
(24.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NBT Bancorp Inc. Announces Date Of First Quarter Conference Call

NORWICH, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2024 on Monday, April 22,...

17 days ago - GlobeNewsWire

NBT Bancorp Inc. Announces Full Year Net Income and Declares Dividend

NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended Decem...

3 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces CEO Succession Plan

NORWICH, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced today that, effective May 21, 2024, John H. Watt, Jr. will step down as NBT's Presid...

3 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Date of Fourth Quarter Conference Call

NORWICH, N.Y., Jan. 02, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the fourth quarter 2023 on Tuesday, January ...

3 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Third Quarter Results and Declares Dividend

NORWICH, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and nine months ended Septemb...

6 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Date of Third Quarter Conference Call

NORWICH, N.Y., Oct. 02, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the third quarter 2023 on Tuesday, October 2...

7 months ago - GlobeNewsWire

NBT Bancorp Inc. Completes Merger With Salisbury Bancorp, Inc. and Announces Increased Cash Dividend

NORWICH, N.Y., Aug. 14, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced that it completed the merger of Salisbury Bancorp, Inc. (“Salisbury”) with and into ...

8 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Second Quarter Net Income of $30.1 Million ($0.70 Per Diluted Common Share)

NORWICH, N.Y., July 31, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six months ended June 30,...

9 months ago - GlobeNewsWire

NBT Bancorp Inc. Receives Regulatory Approval, Announces Date for Merger With Salisbury Bancorp, Inc.

ATTENTION: FINANCIAL AND BUSINESS EDITORS NORWICH, N.Y., July 10, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced that it has received regulatory approval t...

10 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Date of Second Quarter Conference Call

NORWICH, N.Y., July 05, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the second quarter 2023 on Monday, July 31, ...

10 months ago - GlobeNewsWire

KBRA Affirms Ratings for NBT Bancorp Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Norwich, NY-based NBT Bancorp In...

11 months ago - Business Wire

NBT Bancorp Inc. Announces Cash Dividend

NORWICH, N.Y., May 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.30 per share at a meeti...

1 year ago - GlobeNewsWire

NBT Bancorp Inc. Announces First Quarter Net Income of $33.7 Million ($0.78 Per Diluted Common Share)

NORWICH, N.Y., April 24, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three months ended March 31, 2023.

1 year ago - GlobeNewsWire

NBT Bancorp Inc. Announces Shareholder Approval Received by Salisbury Bancorp, Inc. for Merger

NORWICH, N.Y., April 13, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced that, on April 12, 2023, the shareholders of Salisbury Bancorp, Inc. (“Salisbury”) ...

1 year ago - GlobeNewsWire

NBT Bancorp Inc. Announces Full Year Net Income of $152.0 Million ($3.52 Per Diluted Common Share); Approves Dividend

NORWICH, N.Y., Jan. 23, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the quarter and year ended December 31,...

1 year ago - GlobeNewsWire

SALISBURY BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Salisbury Bancorp, Inc. - SAL

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Salisbury Banc...

1 year ago - Business Wire

NBT Bancorp and Salisbury Bancorp Announce Agreement to Merge

NORWICH, N.Y. and LAKEVILLE, Conn., Dec. 05, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) and Salisbury Bancorp, Inc. (Salisbury) (NASDAQ: SAL) announced today that they have entered...

1 year ago - GlobeNewsWire

NBT Bancorp Inc. Announces Third Quarter Net Income of $39.0 Million ($0.90 Per Diluted Common Share); Approves Dividend

NORWICH, N.Y., Oct. 25, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and nine months ended Septemb...

1 year ago - GlobeNewsWire

NBT Bancorp Inc. Announces Second Quarter Net Income of $37.8 Million ($0.88 Per Diluted Common Share); Approves a 7.1% Dividend Increase

NORWICH, N.Y., July 25, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six months ended June 30,...

1 year ago - GlobeNewsWire

NBT Bank Is Top NY-Based Bank on Forbes 2022 List of World's Best Banks

NORWICH, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- NBT Bank has earned a spot on the Forbes World's Best Banks list released on April 13, 2022, and is the highest ranked bank based in New York and the ...

2 years ago - GlobeNewsWire

NBT Bank Names Mahoney Regional President, Promotes Krupski

ALBANY, N.Y., April 26, 2022 (GLOBE NEWSWIRE) -- NBT Bank President and CEO John H. Watt, Jr. announced that NBT has named Ruth Mahoney as Regional President for the Capital District and North Country...

2 years ago - GlobeNewsWire

NBT Bancorp Inc. Announces First Quarter Net Income of $39.1 Million ($0.90 Per Diluted Common Share)

NORWICH, N.Y., April 25, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income of $39.1 million, or $0.90 per diluted share for the three months ended M...

2 years ago - GlobeNewsWire

NBT Bancorp Inc. Hires Randy Sparks as General Counsel

NBT Bancorp Inc. President and CEO John H. Watt, Jr. announced that M. Randolph “Randy” Sparks has joined NBT as Executive Vice President and General Counsel. In this position, Sparks will coordinate ...

2 years ago - GlobeNewsWire

NBT Bancorp Inc. Announces Date of First Quarter Conference Call

NORWICH, N.Y., April 01, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2022 on Monday, April 25,...

2 years ago - GlobeNewsWire

NBT Bancorp Inc. Announces Net Income of $154.9 Million ($3.54 per Diluted Common Share); Approves Dividend

NORWICH, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the quarter and year ended December 31,...

2 years ago - GlobeNewsWire