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NBT Bancorp (NBTB) Stock Price, News & Analysis

$36.54
-0.46 (-1.24%)
(As of 05/28/2024 ET)
Today's Range
$36.40
$37.16
50-Day Range
$33.02
$38.39
52-Week Range
$30.31
$43.77
Volume
117,155 shs
Average Volume
193,681 shs
Market Capitalization
$1.72 billion
P/E Ratio
14.11
Dividend Yield
3.50%
Price Target
$41.20

NBT Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
12.8% Upside
$41.20 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.82mentions of NBT Bancorp in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$21,550 Sold Last Quarter
Proj. Earnings Growth
12.32%
From $2.84 to $3.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.76 out of 5 stars

Finance Sector

420th out of 880 stocks

National Commercial Banks Industry

51st out of 86 stocks

NBTB stock logo

About NBT Bancorp Stock (NASDAQ:NBTB)

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan administration and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. Further, it operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company operates in upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

NBTB Stock Price History

NBTB Stock News Headlines

NBT Bancorp Inc. Announces Cash Dividend
NBT Bancorp Inc. Completes Leadership Transition
NBT Bancorp. Inc.
Q1 2024 NBT Bancorp Inc Earnings Call
Breaking Down NBT Bancorp: 5 Analysts Share Their Views
NBT: Q1 Earnings Snapshot
NBT Bancorp Inc. Announces First Quarter 2024 Results
NBT Bancorp
Insider Stock Buying Reaches US$1.30m On NBT Bancorp
NBT Bancorp Inc. (NBTB)
5 Analysts Assess NBT Bancorp: What You Need To Know
NBTB Mar 2024 40.000 call
Deep Dive Into NBT Bancorp Stock: Analyst Perspectives (4 Ratings)
NBT Bancorp Full Year 2023 Earnings: Misses Expectations
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
4/23/2024
Today
5/28/2024
Ex-Dividend for 6/17 Dividend
5/31/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:NBTB
CUSIP
62877810
Employees
2,034
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$41.20
High Stock Price Target
$45.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$118.78 million
Pretax Margin
21.56%

Debt

Sales & Book Value

Annual Sales
$532.17 million
Cash Flow
$3.57 per share
Book Value
$30.27 per share

Miscellaneous

Free Float
45,584,000
Market Cap
$1.72 billion
Optionable
Optionable
Beta
0.52
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Key Executives

  • Mr. John H. Watt Jr. (Age 66)
    President, CEO & Director
    Comp: $1.25M
  • Mr. Scott A. Kingsley CPAMr. Scott A. Kingsley CPA (Age 59)
    Executive VP & CFO
    Comp: $604.25k
  • Mr. Joseph R. Stagliano (Age 55)
    Executive VP, President of Retail Community Banking & Chief Information Officer
    Comp: $509.76k
  • Mr. Martin Randolph Sparks (Age 65)
    Executive VP, General Counsel, Chief Ethics Officer & Corporate Secretary
    Comp: $566.48k
  • Ms. Ruth H. Mahoney (Age 56)
    EVP, President of Wealth Management & Regional President for the Capital District and North Country
    Comp: $518.83k
  • Mr. Kenneth J. Entenmann C.F.A.
    Senior VP, Chief Investment Officer & Chief Economist
  • Ms. Annette L. Burns (Age 50)
    Senior VP & Chief Accounting Officer
    Comp: $418.21k
  • Ms. Florence R. Doller
    Senior VP & Director of Corporate Communications
  • Ms. Shaunastar M. Hyle
    Executive Vice President of Consumer Lending
  • Mr. Leonard P. Chinski
    Senior VP & Director of Audit

NBTB Stock Analysis - Frequently Asked Questions

Should I buy or sell NBT Bancorp stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NBTB shares.
View NBTB analyst ratings
or view top-rated stocks.

What is NBT Bancorp's stock price target for 2024?

5 Wall Street research analysts have issued 1-year target prices for NBT Bancorp's shares. Their NBTB share price targets range from $39.00 to $45.00. On average, they anticipate the company's stock price to reach $41.20 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for NBTB
or view top-rated stocks among Wall Street analysts.

How have NBTB shares performed in 2024?

NBT Bancorp's stock was trading at $41.91 at the start of the year. Since then, NBTB shares have decreased by 12.8% and is now trading at $36.54.
View the best growth stocks for 2024 here
.

When is NBT Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our NBTB earnings forecast
.

How were NBT Bancorp's earnings last quarter?

NBT Bancorp Inc. (NASDAQ:NBTB) posted its quarterly earnings data on Tuesday, April, 23rd. The bank reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.01. The bank had revenue of $192.33 million for the quarter, compared to analyst estimates of $135.01 million. NBT Bancorp had a net margin of 16.71% and a trailing twelve-month return on equity of 10.20%. During the same period last year, the company posted $0.88 EPS.

How often does NBT Bancorp pay dividends? What is the dividend yield for NBT Bancorp?

NBT Bancorp declared a quarterly dividend on Tuesday, May 21st. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.32 per share on Monday, June 17th. This represents a $1.28 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Friday, May 31st.
Read our dividend analysis for NBTB
.

Is NBT Bancorp a good dividend stock?

NBT Bancorp (NASDAQ:NBTB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.46%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBTB will have a dividend payout ratio of 40.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NBTB.

What ETFs hold NBT Bancorp's stock?
What is Martin A. Dietrich's approval rating as NBT Bancorp's CEO?

22 employees have rated NBT Bancorp Chief Executive Officer Martin A. Dietrich on Glassdoor.com. Martin A. Dietrich has an approval rating of 80% among the company's employees.

What other stocks do shareholders of NBT Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NBT Bancorp investors own include AT&T (T), AbbVie (ABBV), Bank of America (BAC), Cisco Systems (CSCO), Verizon Communications (VZ), Exxon Mobil (XOM), Bank of New York Mellon (BK), Gilead Sciences (GILD), International Business Machines (IBM) and Intel (INTC).

Who are NBT Bancorp's major shareholders?

NBT Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.88%), NBT Bank N A NY (0.63%), Principal Financial Group Inc. (0.52%), Russell Investments Group Ltd. (0.19%), California State Teachers Retirement System (0.10%) and CANADA LIFE ASSURANCE Co (0.10%). Insiders that own company stock include Amy Wiles, Heidi M Hoeller, Jason David Brown, Lowell A Seifter, Martin A Dietrich, Scott Allen Kingsley, Shaunastar Hyle and Timothy E Delaney.
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.
Compare Top Brokerages Here.

This page (NASDAQ:NBTB) was last updated on 5/29/2024 by MarketBeat.com Staff

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