NBT Bancorp

NBT Bancorp, Inc. is a holding company, which engages in the provision of financial solutions. It offers commercial banking, retail banking, and wealth management, as well as trust and investment services. The company was founded in 1986 and is headquartered in Norwich, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NBT Bancorp posts robust Q4 results, eyes growth opportunities ahead

NBT Bancorp's Q4 2022 showcased strong financial performance, underpinned by robust loan growth and credit quality.
The company's strategic focus on digital adoption and team collaboration positions it well for future growth.
Challenges such as higher operating expenses and regulatory impacts require proactive management.
Opportunities in loan demand growth, margin expansion, and product optimization offer avenues for sustained success.

NBT Bancorp posts strong Q1 results amidst challenges and growth

NBT Bancorp's Q1 2023 performance showcased solid earnings, loan growth, and deposit increases, despite challenges in net interest margin and operating expenses
The company's strengths lie in asset quality, customer base stability, and strategic initiatives like the pending merger with Salisbury Bancorp
Challenges include higher operating expenses, loan loss provisions, and pressure on net interest margin, while opportunities exist in growth initiatives and stable funding strategies

NBT Bancorp excels in Q2 with strategic acquisitions and growth

NBT Bancorp's Q2 2023 earnings call highlighted robust performance, strong financial metrics, and strategic acquisitions, positioning the company for growth.
Despite potential challenges in funding costs and integration, NBT's solid credit quality, diverse business mix, and market positioning offer resilience and growth potential.
Analysts' interest in NBT's financial health, strategic direction, and growth opportunities underscores market confidence in the company's prospects and management's capabilities.
With a focus on innovation, customer relationships, and market expansion, NBT Bancorp is poised to navigate challenges and capitalize on opportunities for sustained success.

NBT Bancorp excels in Q3, eyes growth amid economic shifts

NBT Bancorp's Q3 2023 showcased robust financial performance, driven by strategic acquisitions and fee-based business strength.
While challenges like funding pressures exist, the bank is poised for growth through organic expansion and market diversification.
Opportunities in economic transformation and fee income businesses present avenues for sustained profitability and scale.
Overall, NBT Bancorp's focus on stability, growth, and strategic transformation sets a positive trajectory for the future.

NBT Bancorp posts solid Q4 earnings, eyes growth opportunities

NBT Bancorp's Q4 performance reflects strong earnings, loan growth, and revenue diversification through non-interest income.
While facing challenges in managing costs and maintaining asset quality, the company's strategic strengths and growth opportunities position it well for the future.
Investors can find confidence in NBT Bancorp's financial stability, dividend track record, and strategic investments driving economic growth.

NBT Bancorp reports solid Q1 earnings, addresses NIM concerns

NBT Bancorp's Q1 2024 earnings call highlighted strong financial performance, strategic investments, and proactive funding management.
Challenges include NIM decline, funding cost optimization, and addressing concerns raised by analysts.
Opportunities lie in leveraging growth prospects, enhancing NIM, and strategic funding management for future success.
Overall, the call showcased transparency, strategic planning, and a positive outlook for NBT Bancorp's future.

NBT Bancorp reports strong Q2 earnings, eyes growth opportunities ahead

NBT Bancorp delivered a solid performance in Q2 2024, marked by financial strength, active expense management, and strategic investments. While facing challenges in loan loss provision expenses, the company's stable credit quality and strong fee income generation position it well for future growth. With opportunities in loan growth, fee income expansion, and potential strategic moves, NBT Bancorp remains poised for continued success.

NBT Bancorp reports robust Q3 results, announces strategic merger

NBT Bancorp's Q3 2024 earnings call revealed strong financial performance, strategic dividend increases, and a merger for market expansion. The company's emphasis on capital strength, cost management, and revenue diversification positions it well for future growth. NBT's proactive approach to addressing funding costs and credit quality underscores its commitment to sustainable profitability.

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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. Mahoney will assume this new position in addition to her role as Executive Vice President and President of Wealth Management with responsibility for NBT's brokerage, trust, investment and corporate retirement services businesses.

NBT Bank Names Mahoney Regional President, Promotes Krupski

NBT Bancorp, Inc. (NASDAQ:NBTB ) Q1 2022 Earnings Conference Call April 26, 2022 8:30 AM ET Company Participants John Watt – President and Chief Executive Officer Scott Kingsley – Chief Financial Officer Conference Call Participants Alex Twerdah – Piper Sandler Matthew Breese – Stephens Incorporated Chris O'Connell – Keefe, Bruyette & Woods, Inc. Operator Good day, everyone. Welcome to the NBT Bancorp, First Quarter 2022, Financial Results Conference Call.

NBT Bancorp, Inc. (NBTB) CEO John Watt on Q1 2022 Results - Earnings Call Transcript

NBT (NBTB) delivered earnings and revenue surprises of 16.67% and 1.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NBT Bancorp (NBTB) Q1 Earnings and Revenues Beat Estimates

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 March 31, 2022, compared to $39.8 million, or $0.91 per diluted share, in the first quarter of 2021 and $37.3 million, or $0.86 per diluted share in the fourth quarter of 2021. Net interest income recognized in the first quarter of 2022 from the Paycheck Protection Program (“PPP”) was approximately $2.0 million, compared to $6.2 million in the first quarter of 2021, and $7.5 million in the fourth quarter of 2021, reflective of significantly higher levels of loan forgiveness in the prior year. Excluding the impact of PPP loan income recognition, net interest income in the first quarter of 2022 improved in comparison to the first quarter of 2021 and the linked fourth quarter of 2021 due to solid organic loan growth, productive incremental deployment of excess liquidity into investment securities, and lower costs of deposits. Noninterest income grew to $42.7 million in the first quarter of 2022, up 15.2% from the first quarter of 2021, and 3.8% higher than the fourth quarter of 2021. Quarterly operating expenses of $72.1 million in the first quarter of 2022 were 6.3% above the first quarter of the prior year, and seasonally 3.9% lower than the linked fourth quarter of 2021. The Company recorded a provision for loan losses of $0.6 million in the first quarter of 2022, compared to a net benefit of $2.8 million in the first quarter of 2021, and a provision of $3.1 million in the fourth quarter of 2021.

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

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 NBT's legal activities, manage external legal counsel and assist in the oversight of relations with regulatory agencies.

NBT Bancorp Inc. Hires Randy Sparks as General Counsel

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, 2022, following the market close. The Company will host a conference call at 8:30 a.m. (Eastern) Tuesday, April 26, 2022, to review these results.

NBT Bancorp Inc. Announces Date of First Quarter Conference Call

NBT (NBTB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

NBT (NBTB) Upgraded to Strong Buy: Here's What You Should Know

After losing some value lately, a hammer chart pattern has been formed for NBT (NBTB), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

NBT (NBTB) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

NBT Bancorp Inc. (NBTB) CEO John Watt on Q4 2021 Results - Earnings Call Transcript

NBT (NBTB) delivered earnings and revenue surprises of 3.57% and 4.19%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

NBT Bancorp (NBTB) Surpasses Q4 Earnings and Revenue Estimates

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, 2021.

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) announced today that Heidi M. Hoeller has joined the Boards of Directors for NBT Bancorp Inc. and NBT Bank, N.A. Hoeller is a retired Partner of PricewaterhouseCoopers LLP (“PwC”) with over 25 years of experience as a leader in audit and financial services.

Heidi M. Hoeller Joins NBT Board of Directors

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.

NBT Bancorp (NBTB) Earnings Expected to Grow: Should You Buy?

NORWICH, N.Y., Jan. 12, 2022 (GLOBE NEWSWIRE) -- NBT Bank is now offering the NBT iSelect Account, certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021-2022).

NBT Bank Launches New NBT iSelect Account Certified by Banking Advocates as Safe, Affordable

NBT Bancorp Inc. (NBTB) CEO John Watt on Q3 2021 Results - Earnings Call Transcript

NBT (NBTB) delivered earnings and revenue surprises of 3.61% and -1.96%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

NBT Bancorp (NBTB) Q3 Earnings Top Estimates

NORWICH, N.Y., Oct. 26, 2021 (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 September 30, 2021.

NBT Bancorp Inc. Announces Third Quarter Net Income of $37.4 Million ($0.86 per Diluted Common Share); Approves Dividend

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NORWICH, N.Y., Aug. 30, 2021 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) President and CEO John H. Watt, Jr. announced that NBT has appointed Ruth H. Mahoney Executive Vice President and President of Wealth Management.

NBT Bancorp Inc. Appoints Ruth Mahoney President of Wealth Management

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All You Need to Know About NBT (NBTB) Rating Upgrade to Strong Buy

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NBT Bancorp Inc. (NBTB) CEO John Watt on Q2 2021 Results - Earnings Call Transcript

Shares of NBT Bancorp (NASDAQ:NBTB) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 61.40% over the past year to $0.92, which beat the estimate of $0.77.

NBT Bancorp: Q2 Earnings Insights

News for NBT Bancorp Stock (NBTB)