NBT Bancorp Inc. (NBTB)

NASDAQ: NBTB · IEX Real-Time Price · USD
41.34
+0.26 (0.63%)
Feb 3, 2023, 4:00 PM EST - Market closed
0.63%
Market Cap 1.77B
Revenue (ttm) 497.62M
Net Income (ttm) 153.18M
Shares Out 42.84M
EPS (ttm) 3.53
PE Ratio 11.71
Forward PE 10.62
Dividend $1.16 (2.81%)
Ex-Dividend Date Nov 30, 2022
Volume 187,420
Open 40.90
Previous Close 41.08
Day's Range 40.84 - 41.61
52-Week Range 34.58 - 48.68
Beta 0.62
Analysts Buy
Price Target 48.11 (+16.38%)
Earnings Date Jan 24, 2023

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 commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also... [Read more]

Sector Financials
Founded 1856
Employees 1,801
Stock Exchange NASDAQ
Ticker Symbol NBTB
Full Company Profile

Financial Performance

In 2021, NBT Bancorp's revenue was $487.14 million, an increase of 18.58% compared to the previous year's $410.82 million. Earnings were $154.89 million, an increase of 48.37%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for NBTB stock is "Buy." The 12-month stock price forecast is $48.11, which is an increase of 16.38% from the latest price.

Price Target
$48.11
(16.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

After Plunging -14.64% in 4 Weeks, Here's Why the Trend Might Reverse for NBT (NBTB)

NBT (NBTB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earni...

1 week ago - Zacks Investment Research

Why NBT Bancorp (NBTB) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does NBT Bancorp (NBTB) have what it takes?

1 week ago - Zacks Investment Research

NBT Bancorp (NBTB) Lags Q4 Earnings and Revenue Estimates

NBT (NBTB) delivered earnings and revenue surprises of -7.53% and 0.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

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 week ago - GlobeNewsWire

NBT Bancorp (NBTB) Reports Next Week: Wall Street Expects Earnings Growth

NBT (NBTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

NBT Bancorp Inc. Announces Date of Fourth Quarter Conference Call

NORWICH, N.Y., Jan. 03, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the fourth quarter 2022 on Monday, January 2...

1 month ago - GlobeNewsWire

Top Wall Street Stories of 2022 to Continue in 2023: 5 Picks

Some hot events of 2022 may influence markets in 2023 and stocks like Sociedad Quimica (SQM), NBT Bancorp (NBTB), Cal-Maine Foods (CALM), e.l.f. Beauty (ELF) and Halliburton (HAL) could be compelling ...

Other symbols: CALMELFHALSQM
1 month ago - Zacks Investment Research

Moderating Inflation Set to Slow Rate Hike Pace: 3 Bank Picks

Despite near-term headwinds, banks like TriCo Bancshares (TCBK), NBT Bancorp (NBTB) and United Bankshares (UBSI) are worth a look as inflation continues to moderate.

Other symbols: TCBKUBSI
1 month ago - Zacks Investment Research

NBT (NBTB) Loses 11.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

NBT (NBTB) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could...

2 months ago - Zacks Investment Research

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...

2 months 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...

2 months ago - GlobeNewsWire

Here's Why NBT Bancorp (NBTB) is a Great Momentum Stock to Buy

Does NBT Bancorp (NBTB) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 months ago - Zacks Investment Research

NBT Bancorp (NBTB) Q3 Earnings and Revenues Surpass Estimates

NBT (NBTB) delivered earnings and revenue surprises of 3.37% and 0.90%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Date of Third Quarter Conference Call

NORWICH, N.Y., Oct. 03, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the third quarter 2022 on Tuesday, October 2...

4 months ago - GlobeNewsWire

Bears are Losing Control Over NBT (NBTB), Here's Why It's a 'Buy' Now

NBT (NBTB) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Stree...

5 months ago - Zacks Investment Research

NBT Bancorp (NBTB)'s Technical Outlook is Bright After Key Golden Cross

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

6 months ago - Zacks Investment Research

NBT Bancorp (NBTB) Tops Q2 Earnings and Revenue Estimates

NBT (NBTB) delivered earnings and revenue surprises of 5.95% and 3.31%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

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,...

6 months ago - GlobeNewsWire

Is a Surprise Coming for NBT Bancorp (NBTB) This Earnings Season?

NBT Bancorp (NBTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

7 months ago - Zacks Investment Research

NBT Bancorp (NBTB) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

NBT (NBTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

NBT Bancorp Inc. Announces Date of Second Quarter Conference Call

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

7 months ago - GlobeNewsWire

NBT Bancorp Inc. Announces Cash Dividend

NORWICH, N.Y., May 17, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.28 per share at a meeti...

9 months 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 ...

10 months 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...

10 months ago - GlobeNewsWire