NBTB - NBT Bancorp Inc Stock Price, Fair Value and News

38.58USD+0.76 (+2.01%)Delayed as of 17 May 2024, 12:04 pm ET

Market Summary

USD38.58+0.76

Delayedas of 17 May 2024, 12:04 pm

2.01%

NBTB Alerts

Big jump in Revenue (Y/Y)

NBTB Stock Price

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NBTB RSI Chart

NBTB Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

14.99

Price/Sales (Trailing)

3.21

EV/EBITDA

2.75

Price/Free Cashflow

10.35

NBTB Price/Sales (Trailing)

NBTB Profitability

EBT Margin

27.62%

Return on Equity

8.25%

Return on Assets

0.89%

Free Cashflow Yield

9.67%

NBTB Fundamentals

NBTB Revenue

Revenue (TTM)

555.5M

Rev. Growth (Yr)

28.68%

Rev. Growth (Qtr)

-2.64%

NBTB Earnings

Earnings (TTM)

118.9M

Earnings Growth (Yr)

0.49%

Earnings Growth (Qtr)

11.09%

Breaking Down NBTB Revenue

52 Week Range

30.3138.58

(Low)(High)

Last 7 days

0.2%

Last 30 days

14.2%

Last 90 days

7.6%

Trailing 12 Months

6.9%

How does NBTB drawdown profile look like?

NBTB Financial Health

Debt/Equity

0.05

Debt/Cashflow

2.34

NBTB Investor Care

Dividend Yield

3.33%

Dividend/Share (TTM)

1.26

Shares Dilution (1Y)

9.89%

Diluted EPS (TTM)

2.59

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	555.5M	0	0	0
2023	414.1M	443.2M	481.0M	522.8M
2022	339.8M	347.2M	364.2M	384.1M
2021	343.2M	339.8M	337.0M	339.9M
2020	365.6M	359.8M	352.4M	348.3M
2019	354.8M	363.3M	367.5M	367.5M
2018	315.7M	324.6M	334.0M	344.3M
2017	291.4M	295.9M	302.3M	309.4M
2016	276.0M	279.6M	282.6M	286.9M
2015	274.2M	273.5M	273.9M	273.2M
2014	276.4M	275.3M	274.8M	275.1M
2013	241.2M	252.1M	260.4M	268.7M
2012	238.5M	236.9M	238.4M	239.4M
2011	250.3M	246.0M	242.4M	240.0M
2010	269.5M	265.7M	261.4M	255.7M
2009	0	287.4M	280.4M	273.4M
2008	0	0	0	294.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of NBT Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	kingsley scott allen	acquired	-	-	4,086	evp & chief financial officer
Mar 18, 2024	stagliano joseph r	acquired	-	-	3,501	evp president of retail & cio
Mar 18, 2024	hyle shaunastar	acquired	-	-	2,652	evp, consumer lending
Mar 18, 2024	mahoney ruth h	acquired	-	-	3,228	evp/president of wealth mgmt
Mar 18, 2024	wiles amy	acquired	-	-	2,966	evp, chief risk and credit
Mar 18, 2024	watt john h jr	acquired	-	-	10,894	president & ceo nbt bancorp
Mar 18, 2024	halliday sarah a	acquired	-	-	3,060	evp/president comm banking
Mar 18, 2024	sparks martin randolph	acquired	-	-	3,433	evp,general counsel,secretary
Mar 15, 2024	wiles amy	sold	-21,550	33.62	-641	evp, chief risk and credit
Feb 15, 2024	wiles amy	sold (taxes)	-12,862	35.63	-361	evp, chief risk and credit

Which funds bought or sold NBTB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Engineers Gate Manager LP	sold off	-100	-310,050	-	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	reduced	-4.65	-969,611	4,889,410	-%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-0.68	-124,046	825,007	-%
May 15, 2024	MORGAN STANLEY	reduced	-3.31	-2,378,820	13,088,900	-%
May 15, 2024	HSBC HOLDINGS PLC	reduced	-90.00	-10,445,400	988,746	-%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	new	-	311,010	311,010	0.06%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	reduced	-10.89	-584,772	2,071,940	-%
May 15, 2024	RESOURCES MANAGEMENT CORP /CT/ /ADV	reduced	-2.11	-100,705	605,000	0.09%
May 15, 2024	Kestra Advisory Services, LLC	sold off	-100	-12,603,900	-	-%
May 15, 2024	MERCER GLOBAL ADVISORS INC /ADV	added	0.1	-177,000	1,252,000	-%

Are Funds Buying or Selling NBTB?

Are funds buying NBTB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NBTB

No. of Funds

NBTB Alerts

Big jump in Revenue (Y/Y)

Unveiling NBT Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.98%	5,642,317	SC 13G/A
Jan 23, 2024	blackrock inc.	14.3%	6,724,989	SC 13G/A
Feb 09, 2023	vanguard group inc	11.30%	4,841,817	SC 13G/A
Jan 23, 2023	blackrock inc.	14.0%	5,998,051	SC 13G/A
Feb 10, 2022	vanguard group inc	10.87%	4,714,262	SC 13G/A
Jan 27, 2022	blackrock inc.	14.6%	6,337,141	SC 13G/A
Jan 25, 2022	blackrock inc.	14.6%	6,337,141	SC 13G/A
Feb 10, 2021	vanguard group inc	10.27%	4,479,989	SC 13G/A
Jan 26, 2021	blackrock inc.	14.3%	6,240,444	SC 13G/A
Feb 12, 2020	vanguard group inc	10.50%	4,601,966	SC 13G/A

Recent SEC filings of NBT Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 22, 2024	8-K	Current Report
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Mar 26, 2024	S-3ASR	S-3ASR
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to NBT Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

NBT Bancorp Inc News

Latest updates

NBT Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.6%	147	151	137	121	114	109	99.00	91.00	84.00	89.00	82.00	84.00	84.00	86.00	85.00	87.00	89.00	91.00	92.00	93.00	91.00
EBITDA Margin	-5.9%	0.96*	1.02*	1.12*	1.26*	1.37*	1.45*	1.50*	1.52*	1.53*	1.53*	1.52*	1.50*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.0%	95.00	99.00	95.00	89.00	95.00	100	94.00	88.00	80.00	85.00	78.00	79.00	79.00	80.00	78.00	80.00	77.00	77.00	78.00	79.00	78.00
Income Taxes	0.6%	9.00	9.00	7.00	9.00	10.00	11.00	11.00	11.00	11.00	11.00	11.00	12.00	11.00	9.00	11.00	7.00	2.00	8.00	9.00	9.00	8.00
Earnings Before Taxes	8.6%	43.00	40.00	32.00	39.00	43.00	47.00	50.00	49.00	50.00	48.00	48.00	52.00	51.00	44.00	46.00	31.00	12.00	37.00	42.00	39.00	37.00
EBT Margin	-5.9%	0.28*	0.29*	0.33*	0.40*	0.46*	0.51*	0.54*	0.56*	0.59*	0.59*	0.58*	0.57*	-	-	-	-	-	-	-	-	-
Net Income	11.1%	34.00	30.00	25.00	30.00	34.00	36.00	39.00	38.00	39.00	37.00	37.00	40.00	40.00	34.00	35.00	25.00	10.00	29.00	32.00	31.00	29.00
Net Income Margin	-5.8%	0.21*	0.23*	0.26*	0.31*	0.35*	0.40*	0.42*	0.44*	0.45*	0.46*	0.45*	0.44*	-	-	-	-	-	-	-	-	-
Free Cashflow	3.1%	37.00	36.00	55.00	45.00	22.00	30.00	49.00	69.00	35.00	22.00	41.00	53.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	13,439	13,309	13,828	11,890	11,840	11,739	11,641	11,720	12,148	12,012	11,994	11,575	11,537	10,933	10,850	10,847	9,954	9,716	9,661	9,636	9,534
Cash Equivalents	55.5%	319	205	673	202	230	197	321	524	1,094	1,269	1,346	1,067	1,155	673	617	699	283	217	274	189	177
Net PPE	-0.5%	80.00	81.00	83.00	67.00	68.00	69.00	69.00	69.00	71.00	72.00	72.00	72.00	73.00	74.00	73.00	75.00	77.00	76.00	76.00	77.00	78.00
Goodwill	0%	362	362	360	281	281	281	281	281	281	281	281	281	281	281	281	281	275	275	275	275	275
Liabilities	1.0%	11,998	11,883	12,465	10,680	10,628	10,566	10,484	10,532	10,946	10,762	10,753	10,350	10,346	9,745	9,684	9,705	8,841	8,596	8,563	8,561	8,499
Short Term Borrowings	-30.9%	267	387	490	652	475	585	75.00	63.00	65.00	-	100	91.00	95.00	-	183	340	549	65.00	443	609	545
Shareholder's Equity	1.1%	1,441	1,426	1,363	1,210	1,212	1,174	1,157	1,189	1,202	1,250	1,241	1,225	1,191	1,188	1,166	1,143	1,112	1,120	1,099	1,075	1,034
Retained Earnings	1.8%	1,041	1,022	1,006	997	980	958	935	909	883	856	831	806	777	749	727	703	679	696	679	658	628
Additional Paid-In Capital	0.0%	741	741	741	578	578	578	578	577	577	577	577	577	579	578	578	577	577	577	576	576	576
Float	-	-	-	-	1,320	-	-	-	1,558	-	-	-	1,512	-	-	-	1,302	-	-	-	1,594	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	3.1%	37.00	36.00	55.00	45.00	22.00	30.00	49.00	69.00	35.00	22.00	41.00	53.00	42.00	38.00	30.00	36.00	41.00	50.00	42.00	23.00	39.00
Share Based Compensation	136.7%	2.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	2.00	1.00	1.00	1.00	3.00	1.00	1.00	1.00	3.00	1.00	0.00	1.00	3.00
Cashflow From Investing	-127.3%	-13.13	48.00	67.00	-83.40	-75.56	-227	-141	-174	-383	-116	-164	-92.62	-174	-53.93	-86.50	-459	-112	-131	70.00	-61.15	58.00
Cashflow From Financing	116.4%	90.00	-551	350	10.00	86.00	74.00	-110	-464	173	17.00	403	-48.84	614	71.00	-25.90	840	138	25.00	-27.85	51.00	-101
Dividend Payments	-100.0%	-	15.00	15.00	13.00	13.00	13.00	13.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	0.00	24.00	12.00	11.00	0.00	23.00
Buy Backs	-	0.00	-	2.00	3.00	-	-	-	7.00	8.00	8.00	4.00	1.00	9.00	-	-	-	8.00	-	-	-	-

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NBTB Income Statement

2024-03-31

Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest, fee and dividend income
Interest and fees on loans	$ 133,146	$ 100,899
Securities available for sale	7,124	7,616
Securities held to maturity	5,303	5,035
Other	1,364	642
Total interest, fee and dividend income	146,937	114,192
Interest expense
Deposits	44,339	11,144
Short-term borrowings	3,421	4,919
Long-term debt	290	47
Subordinated debt	1,800	1,334
Junior subordinated debt	1,913	1,682
Total interest expense	51,763	19,126
Net interest income	95,174	95,066
Provision for loan losses	5,579	3,909
Net interest income after provision for loan losses	89,595	91,157
Noninterest income
Service charges on deposit accounts	4,117	3,548
Card services income	5,195	4,845
Retirement plan administration fees	14,287	11,462
Wealth management	9,697	8,087
Insurance services	4,388	3,931
Bank owned life insurance income	2,352	1,878
Net securities gains (losses)	2,183	(4,998)
Other	3,173	2,656
Total noninterest income	45,392	31,409
Noninterest expense
Salaries and employee benefits	55,704	48,155
Technology and data services	9,750	9,007
Occupancy	8,098	7,220
Professional fees and outside services	4,853	4,178
Office supplies and postage	1,865	1,628
FDIC assessment	1,735	1,396
Advertising	812	649
Amortization of intangible assets	2,168	536
Loan collection and other real estate owned, net	553	855
Acquisition expenses	0	618
Other	6,235	5,080
Total noninterest expense	91,773	79,322
Income before income tax expense	43,214	43,244
Income tax expense	9,391	9,586
Net income	$ 33,823	$ 33,658
Earnings per share
Basic (in dollars per share)	$ 0.72	$ 0.78
Diluted (in dollars per share)	$ 0.71	$ 0.78

NBTB Balance Sheet

2024-03-31

Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 162,460	$ 173,811
Short-term interest-bearing accounts	156,632	31,378
Equity securities, at fair value	39,470	37,591
Securities available for sale, at fair value	1,418,471	1,430,858
Securities held to maturity (fair value $793,319 and $814,524, respectively)	890,863	905,267
Federal Reserve and Federal Home Loan Bank stock	37,336	45,861
Loans held for sale	3,263	3,371
Loans	9,688,077	9,650,713
Less allowance for loan losses	115,300	114,400
Net loans	9,572,777	9,536,313
Premises and equipment, net	80,239	80,675
Goodwill	361,851	361,851
Intangible assets, net	38,968	40,443
Bank owned life insurance	267,476	265,732
Other assets	409,393	395,889
Total assets	13,439,199	13,309,040
Liabilities
Demand (noninterest bearing)	3,359,789	3,413,829
Savings, NOW and money market	6,467,364	6,230,456
Time	1,368,136	1,324,709
Total deposits	11,195,289	10,968,994
Short-term borrowings	267,134	386,651
Long-term debt	29,759	29,796
Subordinated debt, net	120,101	119,744
Junior subordinated debt	101,196	101,196
Other liabilities	284,305	276,968
Total liabilities	11,997,784	11,883,349
Stockholders' equity
Preferred stock, $0.01 par value. 2,500,000 shares authorized	0	0
Common stock, $0.01 par value. 100,000,000 shares authorized; 53,974,492 shares issued	540	540
Additional paid-in-capital	740,792	740,943
Retained earnings	1,040,563	1,021,831
Accumulated other comprehensive loss	(164,492)	(160,934)
Common stock in treasury, at cost, 6,819,477 and 6,864,593 shares, respectively	(175,988)	(176,689)
Total stockholders' equity	1,441,415	1,425,691
Total liabilities and stockholders' equity	$ 13,439,199	$ 13,309,040

About NBT Bancorp Inc

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. It operates in central and upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

CEO	Mr. John H. Watt Jr.
WEBSITE	nbtbancorp.com
INDUSTRY	Banks Diversified
EMPLOYEES	1861

NBT Bancorp Inc Frequently Asked Questions

What is the ticker symbol for NBT Bancorp Inc? What does NBTB stand for in stocks?

NBTB is the stock ticker symbol of NBT Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NBT Bancorp Inc (NBTB)?

As of Thu May 16 2024, market cap of NBT Bancorp Inc is 1.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NBTB stock?

You can check NBTB's fair value in chart for subscribers.

What is the fair value of NBTB stock?

You can check NBTB's fair value in chart for subscribers. The fair value of NBT Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NBT Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NBTB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NBT Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether NBTB is over valued or under valued. Whether NBT Bancorp Inc is cheap or expensive depends on the assumptions which impact NBT Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NBTB.

What is NBT Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, NBTB's PE ratio (Price to Earnings) is 14.99 and Price to Sales (PS) ratio is 3.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NBTB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NBT Bancorp Inc's stock?

In the past 10 years, NBT Bancorp Inc has provided 0.078 (multiply by 100 for percentage) rate of return.