NBT Bancorp Inc. (NBTB)

NBT Bancorp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	557.75	552.85	462.67	332.77	302.18	307.86
Interest Income on Investments	61.39	58.82	60.12	51.3	37.7	40.42
Total Interest Income	619.14	611.67	522.79	384.07	339.88	348.28
Interest Paid on Deposits	185.2	186.95	104.64	9.92	10.71	22.07
Interest Paid on Borrowings	21.77	24.6	39.93	11.96	8.07	10.53
Total Interest Expense	206.97	211.55	144.57	21.88	18.79	32.6
Net Interest Income	412.17	400.12	378.22	362.19	321.09	315.68
Net Interest Income Growth (YoY)	8.95%	5.79%	4.43%	12.80%	1.71%	1.32%
Trust Income	42.89	41.64	34.76	33.31	33.72	29.25
Gain (Loss) on Sale of Investments	0.5	2.79	-14.07	-1.13	0.57	-0.39
Other Non-Interest Income	118.28	115.31	101.31	108.77	110.16	104.22
Total Non-Interest Income	178.88	176.82	137.43	155.58	157.79	146.28
Non-Interest Income Growth (YoY)	18.14%	28.67%	-11.67%	-1.40%	7.87%	1.56%
Revenues Before Loan Losses	591.06	576.95	515.65	517.77	478.88	461.95
Provision for Loan Losses	21.58	19.61	25.27	17.15	-8.26	51.13
Revenue	569.47	557.34	490.37	500.62	487.14	410.82
Revenue Growth (YoY)	13.26%	13.66%	-2.05%	2.77%	18.58%	-4.50%
Salaries and Employee Benefits	231.6	226.5	189.15	183.3	168.17	157.35
Federal Deposit Insurance	6.72	6.77	6.26	3.2	3.04	2.69
Amortization of Goodwill & Intangibles	8.39	8.44	4.73	2.26	2.81	3.4
Selling, General & Administrative	108.29	106.48	99.25	92.3	90.01	86.14
Other Non-Interest Expense	25.65	25.66	24.93	19.8	20.34	24.86
Total Non-Interest Expense	383.26	376.35	326.94	303.5	287.28	277.73
EBT Excluding Unusual Items	186.22	180.99	163.44	197.12	199.86	133.09
Pretax Income	183.47	179.46	153.46	196.16	199.86	133.09
Income Tax Expense	39.9	38.82	34.68	44.16	44.97	28.7
Net Income	143.56	140.64	118.78	152	154.89	104.39
Net Income to Common	143.56	140.64	118.78	152	154.89	104.39
Net Income Growth	20.70%	18.40%	-21.85%	-1.87%	48.37%	-13.74%
Basic Shares Outstanding	47	47	45	43	43	44
Diluted Shares Outstanding	47	47	45	43	44	44
Shares Change (YoY)	3.55%	5.95%	3.68%	-1.23%	-0.61%	-0.31%
EPS (Basic)	3.04	2.98	2.67	3.54	3.57	2.39
EPS (Diluted)	3.03	2.97	2.65	3.52	3.54	2.37
EPS Growth	17.05%	12.07%	-24.72%	-0.56%	49.37%	-13.50%
Dividend Per Share	1.340	1.320	1.240	1.160	1.100	1.080
Dividend Growth	6.35%	6.45%	6.90%	5.46%	1.85%	2.86%
Effective Tax Rate	21.75%	21.63%	22.60%	22.51%	22.50%	21.56%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q