NBT Bancorp (NBTB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $45.03 to $46.81
• 50-Day Range: $45.20 to $49.35
• 52-Week Range: $32.79 to $52.44
• Volume: 93,701 shs
• Average Volume: 185,704 shs
• Market Capitalization: $2.15 billion
• P/E Ratio: 15.43
• Dividend Yield: 2.98%
• Price Target: $51.75
• Consensus Rating: Moderate Buy

NBT Bancorp Stock Analysis - MarketRank™

NBT Bancorp scored higher than 86% of companies evaluated by MarketBeat, and ranked 361st out of 952 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NBT Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NBT Bancorp has only been the subject of 3 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 15.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of NBT Bancorp is 15.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.34.

Price to Book Value per Share Ratio

NBT Bancorp has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.35% of the float of NBT Bancorp has been sold short.

Short Interest Ratio / Days to Cover

NBT Bancorp has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in NBT Bancorp has recently decreased by 4.38%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

NBT Bancorp pays a meaningful dividend of 2.89%, 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 45.95%. 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 30.91% 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

3.35% of the float of NBT Bancorp has been sold short.

Short Interest Ratio / Days to Cover

NBT Bancorp has a short interest ratio ("days to cover") of 7.

Change versus previous month

Short interest in NBT Bancorp has recently decreased by 4.38%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.39

News Sentiment

NBT Bancorp has a news sentiment score of 1.39. 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 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NBT Bancorp this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for NBTB on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added NBT Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

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 746.10% more of their company's stock than they have bought. Specifically, they have bought $32,849.00 in company stock and sold $277,935.00 in company stock.

Percentage Held by Insiders

Only 3.32% 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 5.5% and is now trading at $45.1350.
View the best growth stocks for 2025 here.

How were NBT Bancorp's earnings last quarter?

NBT Bancorp Inc. (NASDAQ:NBTB) issued its earnings results on Monday, January, 27th. The bank reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by $0.01. NBT Bancorp had a trailing twelve-month return on equity of 9.39% and a net margin of 17.84%.

Who are NBT Bancorp's major shareholders?

NBT Bancorp's top institutional investors include Vanguard Group Inc. (11.81%), Dimensional Fund Advisors LP (4.74%), Geode Capital Management LLC (2.35%) and Leigh Baldwin & CO. LLC (2.33%). Insiders that own company stock include John H Watt Jr, Martin A Dietrich, Jack H Webb, Lowell A Seifter, Timothy E Delaney, Amy Wiles, Sarah A Halliday, Scott Allen Kingsley, V Daniel Robinson II, Shaunastar Hyle, 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

• Ex-Dividend for 12/16 Dividend: 12/02/2024
• Dividend Payable: 12/16/2024
• Last Earnings: 1/27/2025
• Ex-Dividend for 3/17 Dividend: 3/03/2025
• Today: 3/04/2025
• Dividend Payable: 3/17/2025
• Next Earnings (Estimated): 4/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:NBTB
• CIK: 790359
• Web: www.nbtbancorp.com
• Phone: (607) 337-2265
• Fax: 302-636-5454
• Employees: 2,034
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $51.75
• High Stock Price Target: $60.00
• Low Stock Price Target: $39.00
• Potential Upside/Downside: +9.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.96
• Trailing P/E Ratio: 15.98
• Forward P/E Ratio: 12.82
• P/E Growth: N/A
• Net Income: $140.64 million
• Net Margins: 17.84%
• Pretax Margin: 22.76%
• Return on Equity: 9.39%
• Return on Assets: 1.02%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $574.44 million
• Price / Sales: 3.89
• Cash Flow: $3.14 per share
• Price / Cash Flow: 15.08
• Book Value: $32.35 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 47,178,000
• Free Float: 45,612,000
• Market Cap: $2.23 billion
• Optionable: Optionable
• Beta: 0.52