NBT Bancorp Inc. (NBTB)

NBT Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	544.48	462.67	332.77	302.18	307.86	321.47
Interest Income on Investments	60.37	60.12	51.3	37.7	40.42	46.06
Total Interest Income	604.85	522.79	384.07	339.88	348.28	367.53
Interest Paid on Deposits	182.89	104.64	9.92	10.71	22.07	39.99
Interest Paid on Borrowings	28.77	39.93	11.96	8.07	10.53	15.99
Total Interest Expense	211.66	144.57	21.88	18.79	32.6	55.98
Net Interest Income	393.19	378.22	362.19	321.09	315.68	311.56
Net Interest Income Growth (YoY)	3.79%	4.43%	12.80%	1.71%	1.32%	1.94%
Trust Income	39.95	34.76	33.31	33.72	29.25	28.4
Gain (Loss) on Sale of Investments	-1.68	-14.07	-1.13	0.57	-0.39	4.21
Other Non-Interest Income	113.02	101.31	108.77	110.16	104.22	94.26
Total Non-Interest Income	168.14	137.43	155.58	157.79	146.28	144.02
Non-Interest Income Growth (YoY)	22.03%	-11.67%	-1.40%	7.87%	1.56%	15.44%
Revenues Before Loan Losses	561.33	515.65	517.77	478.88	461.95	455.58
Provision for Loan Losses	22.52	25.27	17.15	-8.26	51.13	25.41
Revenue	538.8	490.37	500.62	487.14	410.82	430.17
Revenue Growth (YoY)	10.23%	-2.05%	2.77%	18.58%	-4.50%	7.12%
Salaries and Employee Benefits	214.63	189.15	183.3	168.17	157.35	152.66
Federal Deposit Insurance	7.08	6.26	3.2	3.04	2.69	1.95
Amortization of Goodwill & Intangibles	8.49	4.73	2.26	2.81	3.4	3.58
Selling, General & Administrative	106.26	99.25	92.3	90.01	86.14	87.95
Other Non-Interest Expense	25.52	24.93	19.8	20.34	24.86	24.44
Total Non-Interest Expense	364.31	326.94	303.5	287.28	277.73	274.73
EBT Excluding Unusual Items	174.49	163.44	197.12	199.86	133.09	155.43
Pretax Income	173.7	153.46	196.16	199.86	133.09	155.43
Income Tax Expense	38.61	34.68	44.16	44.97	28.7	34.41
Net Income	135.08	118.78	152	154.89	104.39	121.02
Net Income to Common	135.08	118.78	152	154.89	104.39	121.02
Net Income Growth	8.54%	-21.85%	-1.87%	48.37%	-13.74%	7.51%
Basic Shares Outstanding	47	45	43	43	44	44
Diluted Shares Outstanding	47	45	43	44	44	44
Shares Change (YoY)	8.46%	3.68%	-1.23%	-0.61%	-0.31%	0.24%
EPS (Basic)	2.86	2.67	3.54	3.57	2.39	2.76
EPS (Diluted)	2.85	2.65	3.52	3.54	2.37	2.74
EPS Growth	0.14%	-24.72%	-0.56%	49.37%	-13.50%	7.03%
Dividend Per Share	1.300	1.240	1.160	1.100	1.080	1.050
Dividend Growth	6.56%	6.90%	5.45%	1.85%	2.86%	6.06%
Effective Tax Rate	22.23%	22.60%	22.51%	22.50%	21.56%	22.14%

Source: S&P Capital IQ. Banks template. Financial Sources.