NBT Bancorp (NBTB) Stock Price, News & Analysis

Company Overview

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. These services are supported by a team of financial professionals who work with individuals, families and institutions to develop customized strategies for asset preservation and growth. The company also provides brokerage services and financial planning through affiliated advisors, ensuring clients have access to a full suite of investment products.

NBT Insurance, a subsidiary of NBT Bancorp, offers property and casualty insurance, life and health products, and flood insurance. Its insurance specialists work with clients to design coverage programs for businesses and individuals, including risk management solutions and commercial lines protection. This multichannel approach—combining banking, wealth management and insurance—allows NBT Bancorp to deliver integrated financial solutions under one brand.

Headquartered in Norwich, New York, NBT Bancorp traces its roots to a community banking institution founded in the mid-19th century. Today it operates branches in New York, Vermont, New Hampshire, Massachusetts and Pennsylvania. Under the leadership of President and Chief Executive Officer John R. Barber, the company maintains a community-oriented focus while leveraging technology to expand its service offerings and geographic footprint throughout the region.

Key Stats

• Today's Range: $43.52 to $44.21
• 50-Day Range: $40.56 to $45.07
• 52-Week Range: $37.31 to $52.44
• Volume: 41,883 shs
• Average Volume: 237,770 shs
• Market Capitalization: $2.29 billion
• P/E Ratio: 15.77
• Dividend Yield: 3.39%
• Price Target: $52.00
• Consensus Rating: Hold

NBT Bancorp Stock Analysis - MarketRank™

NBT Bancorp scored higher than 81% of companies evaluated by MarketBeat, and ranked 288th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

NBT Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NBT Bancorp has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.24%

Earnings Growth

Earnings for NBT Bancorp are expected to grow by 19.24% in the coming year, from $3.69 to $4.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NBT Bancorp is 15.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of NBT Bancorp is 15.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 227.48.

Price to Book Value per Share Ratio

NBT Bancorp has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.46% of the outstanding shares of NBT Bancorp have been sold short.

Short Interest Ratio / Days to Cover

NBT Bancorp has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in NBT Bancorp has recently increased by 3.20%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

NBT Bancorp pays a meaningful dividend of 3.34%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NBT Bancorp has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of NBT Bancorp is 53.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NBT Bancorp will have a dividend payout ratio of 33.64% next year. This indicates that NBT Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.46% of the outstanding shares of NBT Bancorp have been sold short.

Short Interest Ratio / Days to Cover

NBT Bancorp has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in NBT Bancorp has recently increased by 3.20%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.65

News Sentiment

NBT Bancorp has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for NBT Bancorp this week, compared to 5 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NBT Bancorp insiders have sold 5,817.01% more of their company's stock than they have bought. Specifically, they have bought $14,385.00 in company stock and sold $851,162.00 in company stock.

Percentage Held by Insiders

Only 3.03% of the stock of NBT Bancorp is held by insiders.

Percentage Held by Institutions

58.46% of the stock of NBT Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NBTB Stock Analysis - Frequently Asked Questions

How have NBTB shares performed this year?

NBT Bancorp's stock was trading at $47.76 on January 1st, 2025. Since then, NBTB stock has decreased by 8.6% and is now trading at $43.65.

How were NBT Bancorp's earnings last quarter?

NBT Bancorp Inc. (NASDAQ:NBTB) issued its quarterly earnings data on Monday, July, 28th. The bank reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.06. The bank had revenue of $171.15 million for the quarter, compared to analysts' expectations of $171.04 million. NBT Bancorp had a trailing twelve-month return on equity of 9.81% and a net margin of 16.10%.
Read the conference call transcript.

Who are NBT Bancorp's major shareholders?

Top institutional shareholders of NBT Bancorp include State Street Corp (4.83%), Geode Capital Management LLC (2.75%), Bank of New York Mellon Corp (1.09%) and Raymond James Financial Inc. (0.96%). Insiders that own company stock include John H Watt Jr, David J Nasca, Jack H Webb, Lowell A Seifter, Timothy E Delaney, Amy Wiles, Sarah A Halliday, Scott Allen Kingsley, V Daniel Robinson II, Martin Randolph Sparks, Heidi M Hoeller and Jason David Brown.
View institutional ownership trends.

How do I buy shares of NBT Bancorp?

Shares of NBTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NBT Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NBT Bancorp investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Record date for 6/16 Dividend: 6/02/2025
• Ex-Dividend for 6/16 Dividend: 6/02/2025
• Dividend Payable: 6/16/2025
• Last Earnings: 7/28/2025
• Ex-Dividend for 9/15 Dividend: 8/29/2025
• Record date for 9/15 Dividend: 9/01/2025
• Today: 9/03/2025
• Dividend Payable: 9/15/2025
• Next Earnings (Estimated): 10/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:NBTB
• CIK: 790359
• Web: www.nbtbancorp.com
• Phone: (607) 337-2265
• Fax: 302-636-5454
• Employees: 2,083
• Year Founded: 1999

Price Target and Rating

• Average Price Target for NBT Bancorp: $52.00
• High Price Target: $55.00
• Low Price Target: $47.00
• Potential Upside/Downside: +18.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.77
• Trailing P/E Ratio: 15.86
• Forward P/E Ratio: 11.90
• P/E Growth: N/A
• Net Income: $140.64 million
• Net Margins: 16.10%
• Pretax Margin: 20.79%
• Return on Equity: 9.81%
• Return on Assets: 1.10%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $788.49 million
• Price / Sales: 2.92
• Cash Flow: $3.58 per share
• Price / Cash Flow: 12.28
• Book Value: $34.45 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 52,390,000
• Free Float: 50,806,000
• Market Cap: $2.30 billion
• Optionable: Optionable
• Beta: 0.60