NBT Bancorp (NASDAQ:NBTB) Issues Quarterly Earnings Results

NBT Bancorp (NASDAQ:NBTB) announced its quarterly earnings data on Monday. The bank reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06, FiscalAI reports. The business had revenue of $185.14 million for the quarter, compared to analyst estimates of $183.63 million. NBT Bancorp had a net margin of 17.24% and a return on equity of 10.35%.

NBT Bancorp Stock Performance

Shares of NBTB opened at $43.91 on Tuesday. The company’s 50 day moving average price is $42.64 and its 200 day moving average price is $42.30. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 0.88. NBT Bancorp has a 52 week low of $37.31 and a 52 week high of $49.18. The company has a market capitalization of $2.30 billion, a PE ratio of 14.64 and a beta of 0.50.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NBTB. Piper Sandler set a $47.00 price objective on NBT Bancorp and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Janney Montgomery Scott raised shares of NBT Bancorp to a “strong-buy” rating in a research report on Wednesday, October 22nd. DA Davidson downgraded shares of NBT Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of NBT Bancorp in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, NBT Bancorp presently has an average rating of “Moderate Buy” and an average price target of $51.25.

Key Headlines Impacting NBT Bancorp

Here are the key news stories impacting NBT Bancorp this week:

• Positive Sentiment: Quarterly beat — NBTB reported operating diluted EPS of $1.05 (reported diluted EPS $1.06) and revenue roughly $185M, topping consensus EPS and revenue estimates; management highlighted record net revenues and solid profitability metrics. Article Title
• Positive Sentiment: Acquisition boost — The May 2025 Evans Bancorp acquisition added ~$1.67B loans and ~$1.86B deposits, materially driving year‑over‑year loan/deposit growth and higher net interest income; management says integration was seamless. Article Title
• Positive Sentiment: Shareholder returns — Board approved an 8.8% increase to the quarterly cash dividend ($0.37/share) — the 13th consecutive annual dividend raise — and an amended buyback authorization (up to 2M shares through 2027); both support yield and capital return. Article Title
• Neutral Sentiment: Management access — Earnings transcript and investor slide deck / conference call details were published, offering deeper color on margins, loan mix and integration; useful for gauging forward guidance and risk. Article Title
• Neutral Sentiment: Leadership update — Company announced executive succession timing alongside the results; investors will watch for any guidance shifts tied to management transitions. Article Title
• Negative Sentiment: Credit & acquisition-related costs — Net charge-offs ticked up (0.16% annualized) and the company recorded acquisition‑related allowances (including a $20.7M allowance for acquired loans); provision expense rose modestly. Article Title
• Negative Sentiment: Margin and revenue mix pressures — While NII rose year‑over‑year, earning asset yields fell ~10 bps q/q and NIM was roughly flat to down 1 bp q/q as Fed rate cuts lowered loan yields; some noninterest income categories (e.g., retirement plan fees, insurance revenue) were seasonally lower q/q. Press Release / Slides

Insider Transactions at NBT Bancorp

In related news, Director Timothy E. Delaney acquired 10,000 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was acquired at an average price of $40.98 per share, with a total value of $409,800.00. Following the completion of the transaction, the director owned 51,885 shares of the company’s stock, valued at approximately $2,126,247.30. This represents a 23.87% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.03% of the stock is owned by company insiders.

Institutional Trading of NBT Bancorp

Several hedge funds have recently modified their holdings of NBTB. EverSource Wealth Advisors LLC lifted its holdings in NBT Bancorp by 1,645.9% in the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the bank’s stock valued at $27,000 after buying an additional 609 shares during the period. Larson Financial Group LLC boosted its stake in NBT Bancorp by 13,316.7% in the 3rd quarter. Larson Financial Group LLC now owns 805 shares of the bank’s stock worth $34,000 after purchasing an additional 799 shares during the period. Resources Management Corp CT ADV increased its holdings in NBT Bancorp by 165.8% during the 3rd quarter. Resources Management Corp CT ADV now owns 2,724 shares of the bank’s stock worth $114,000 after purchasing an additional 1,699 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of NBT Bancorp by 23.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 3,316 shares of the bank’s stock valued at $139,000 after purchasing an additional 620 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of NBT Bancorp by 184.7% during the second quarter. Tower Research Capital LLC TRC now owns 4,336 shares of the bank’s stock worth $180,000 after buying an additional 2,813 shares during the period. 58.46% of the stock is owned by institutional investors.

NBT Bancorp Company Profile

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.