NASDAQ:NBTB - NBT Bancorp Stock Price, News, & Analysis

NBT Bancorp trades on the NASDAQ under the ticker symbol "NBTB."

NBT Bancorp declared a quarterly dividend on Monday, October 22nd. Investors of record on Friday, November 30th will be given a dividend of $0.26 per share on Friday, December 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend is Thursday, November 29th. This is a positive change from NBT Bancorp's previous quarterly dividend of $0.25. View NBT Bancorp's Dividend History.

NBT Bancorp announced that its board has initiated a stock repurchase program on Tuesday, October 24th 2017, which permits the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

NBT Bancorp Inc. (NASDAQ:NBTB) posted its quarterly earnings data on Monday, October, 22nd. The bank reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.02. The bank had revenue of $110.91 million for the quarter, compared to analysts' expectations of $110.87 million. NBT Bancorp had a return on equity of 10.91% and a net margin of 21.87%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.52 EPS. View NBT Bancorp's Earnings History.

NBT Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for NBT Bancorp.

3 brokers have issued 12-month price targets for NBT Bancorp's shares. Their forecasts range from $38.00 to $41.50. On average, they expect NBT Bancorp's share price to reach $39.75 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets for NBT Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NBT Bancorp.

Media headlines about NBTB stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. NBT Bancorp earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Some companies that are related to NBT Bancorp include Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), Akbank T.A.S. (AKBTY), First Horizon National (FHN), CIT Group (CIT), PacWest Bancorp (PACW), Synovus Financial (SNV), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), F.N.B. (FNB), TCF Financial (TCF), MB Financial (MBFI), Community Bank System (CBU) and UMB Financial (UMBF).

NBT Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.34%), Vanguard Group Inc. (9.97%), Vanguard Group Inc (9.97%), Dimensional Fund Advisors LP (4.91%), Macquarie Group Ltd. (3.33%) and Bank of New York Mellon Corp (1.47%). Company insiders that own NBT Bancorp stock include F Sheldon Prentice, Jack H Webb, John C Mitchell, Joseph A Santangelo, Joseph R Stagliano, Martin A Dietrich, Michael J Chewens, Robert A Wadsworth, Sarah A Halliday and V Daniel Robinson II. View Institutional Ownership Trends for NBT Bancorp.

NBTB stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Macquarie Group Ltd., GSA Capital Partners LLP, Citadel Advisors LLC, TIAA CREF Investment Management LLC and SG Americas Securities LLC. Company insiders that have sold NBT Bancorp company stock in the last year include Joseph R Stagliano, Michael J Chewens and Robert A Wadsworth. View Insider Buying and Selling for NBT Bancorp.

NBTB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., Morgan Stanley, Wells Fargo & Company MN, Bank of New York Mellon Corp, Kaizen Advisory LLC and Renaissance Technologies LLC. View Insider Buying and Selling for NBT Bancorp.

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

One share of NBTB stock can currently be purchased for approximately $36.1354.

NBT Bancorp has a market capitalization of $1.60 billion and generates $430.71 million in revenue each year. The bank earns $82.15 million in net income (profit) each year or $1.97 on an earnings per share basis. NBT Bancorp employs 1,733 workers across the globe.

The official website for NBT Bancorp is http://www.nbtbancorp.com.

NBT Bancorp's mailing address is 52 S BROAD ST, NORWICH NY, 13815. The bank can be reached via phone at 607-337-2265 or via email at [email protected]