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 commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting 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. As of December 31, 2021, it had 140 branches and 164 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Connecticut, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
Company profile
Ticker
NBTB
Exchange
Website
CEO
Mr. Scott A. Kingsley CPA
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BANK OF NOVA SCOTIA /
SEC CIK
Corporate docs
Subsidiaries
NBT Financial Services, Inc. • NBT Holdings, Inc. • NBT Holdings • NBT Capital Corp. • NBT Capital Corp • NBT Capital Management, Inc. • Broad Street Property Associates, Inc. • FNB Financial Services, Inc. • SBT Mortgage Service Corporation • S.B.T. Realty, Incorporated ...
IRS number
161268674
NBTB stock data
Latest filings (excl ownership)
425
Business combination disclosure
11 Sep 24
425
Business combination disclosure
10 Sep 24
425
Business combination disclosure
9 Sep 24
425
Business combination disclosure
9 Sep 24
8-K
Announce Strategic Partnership
9 Sep 24
8-K
Regulation FD Disclosure
3 Sep 24
10-Q
2024 Q2
Quarterly report
9 Aug 24
8-K
Results of Operations and Financial Condition
22 Jul 24
8-K
NBT Bancorp Inc. Completes Leadership Transition
22 May 24
S-8
Registration of securities for employees
21 May 24
Transcripts
NBTB
Earnings call transcript
2024 Q2
23 Jul 24
NBTB
Earnings call transcript
2024 Q1
23 Apr 24
NBTB
Earnings call transcript
2023 Q4
24 Jan 24
NBTB
Earnings call transcript
2023 Q3
25 Oct 23
NBTB
Earnings call transcript
2023 Q2
1 Aug 23
NBTB
Earnings call transcript
2023 Q2
1 Aug 23
NBTB
Earnings call transcript
2023 Q1
25 Apr 23
NBTB
Earnings call transcript
2022 Q4
24 Jan 23
NBTB
Earnings call transcript
2022 Q3
26 Oct 22
NBTB
Earnings call transcript
2022 Q2
26 Jul 22
Latest ownership filings
4
Amy Wiles
17 Sep 24
4
V Daniel Robinson II
17 Sep 24
4
Martin Randolph Sparks
13 Sep 24
4
V Daniel Robinson II
13 Sep 24
4
RICHARD J CANTELE JR
19 Aug 24
4
Ruth H Mahoney
16 Aug 24
4
Cynthia A Smaniotto
29 Jul 24
4
Scott Allen Kingsley
16 Jul 24
11-K
Annual report of employee stock purchases
28 Jun 24
4
Cynthia A Smaniotto
18 Jun 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 207.52 mm | 207.52 mm | 207.52 mm | 207.52 mm | 207.52 mm | 207.52 mm |
| Cash burn (monthly) | 37.19 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 131.35 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 76.17 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
60.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 182 |
| Opened positions | 24 |
| Closed positions | 23 |
| Increased positions | 51 |
| Reduced positions | 58 |
| 13F shares | Current |
|---|---|
| Total value | 1.09 tn |
| Total shares | 28.71 mm |
| Total puts | 15.00 k |
| Total calls | 55.30 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK BlackRock | 6.76 mm | $261.07 bn |
| Vanguard | 5.56 mm | $214.51 bn |
| Dimensional Fund Advisors | 2.30 mm | $88.67 bn |
| STT State Street | 2.08 mm | $80.35 bn |
| Geode Capital Management | 1.11 mm | $42.77 bn |
| Deprince Race & Zollo | 828.44 k | $31.98 bn |
| Victory Capital Management | 703.29 k | $27.15 bn |
| NTRS Northern Trust | 692.38 k | $26.73 bn |
| BK The Bank of New York Mellon Corporation | 629.72 k | $24.31 bn |
| Charles Schwab Investment Management | 578.34 k | $22.32 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Sep 24 | Wiles Amy | NBT Bancorp Inc. Common Stock | Sell | Dispose S | No | No | 45 | 556 | 25.02 k | 28,909 |
| 16 Sep 24 | Robinson V Daniel II | NBT Bancorp Inc. Common Stock | Sell | Dispose S | Yes | No | 44.7829 | 30,000 | 1.34 mm | 387,558 |
| 13 Sep 24 | Robinson V Daniel II | NBT Bancorp Inc. Common Stock | Sell | Dispose S | Yes | No | 44.5842 | 50,000 | 2.23 mm | 417,558 |
| 12 Sep 24 | Martin Randolph Sparks | NBT Bancorp Inc. Common Stock | Sell | Dispose S | No | No | 48.37 | 1,000 | 48.37 k | 15,003 |
| 12 Sep 24 | Robinson V Daniel II | NBT Bancorp Inc. Common Stock | Sell | Dispose S | Yes | No | 43.8432 | 50,000 | 2.19 mm | 467,558 |
| 11 Sep 24 | Robinson V Daniel II | NBT Bancorp Inc. Common Stock | Sell | Dispose S | Yes | No | 44.1013 | 20,000 | 882.03 k | 517,558 |
| 17 Aug 24 | Cantele Richard J JR | NBT Bancorp Inc. Common Stock | Grant | Acquire A | No | No | 0 | 622 | 0.00 | 54,258.429 |
News
10 Financials Stocks With Whale Alerts In Today's Session
10 Sep 24
Stephens & Co. Reiterates Equal-Weight on NBT Bancorp, Maintains $49 Price Target
10 Sep 24
Stephens & Co. Reiterates Overweight on NBT Bancorp, Maintains $42 Price Target
23 Jul 24
NBT Bancorp Increases Quarterly Dividend From $0.32 To $0.34 Per Share
22 Jul 24
NBT Bancorp Q2 2024 GAAP EPS $0.69, Inline, Sales $140.406M Beat $139.253M Estimate
22 Jul 24
Press releases
NBT Bancorp Inc. Announces Date of Third Quarter Conference Call
1 Oct 24
EVANS BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Evans Bancorp, Inc. - EVBN
11 Sep 24
NBT Bancorp Inc. and Evans Bancorp, Inc. Announce Strategic Partnership
9 Sep 24
NBT Bancorp Inc. Announces Second Quarter 2024 Results and Approves a 6.3% Cash Dividend Increase
22 Jul 24