📈 Price History

Ratio Health

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By Category

📊 Sector Averages

About

NBT Bancorp Inc., a financial holding company, provides personal and commercial banking, retail banking, and wealth management services in the United States.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

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📊 Quick Scorecard

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⭐ Superinvestors Holding NBTB

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Manager	Shares	Value	% of Fund	Period
Jim Simons Renaissance Technologies LLC	33.5K	$1.4M	0.00%	Mar 2026
Steve Cohen Point72 Asset Management	8.5K	$360K	0.00%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q2 2025

Confident Specific

Management uses precise metrics (operating ROA 1.19%, NIM 3.59%, tangible book value per share $24.57, 9% higher YoY) and consistently frames outcomes as aligned with expectations, e.g., 'operating performance reflected positive attributes', 'generation of positive operating leverage', 'Evans impact aligned with expectations'.

Q3 2025

Confident Specific

Management used specific metrics (ROA 1.37%, ROE 12.1%, ROTCE 17.6%), highlighted six consecutive quarters of NIM expansion, and described the quarter as 'record performance' with 'meaningfully improved operating performance'. Language like 'pleased with progress', 'strong capital position', and 'well positioned' reinforces confidence.

Q4 2025

Confident Specific

management emphasizes specific positive metrics (1.37% ROA, 11% TBV growth, 36 bps NIM improvement) and uses direct, detailed language; acknowledges challenges like CRE payoffs and competitive spread pressure without evasion.

Q1 2026 latest

Confident Specific

Management used language like 'solid operating performance', 'meaningful improvement over the first quarter of last year', and provided specific numbers such as operating ROA of 1.29% and return on tangible equity of 15.50%.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis appears stronger after this call. Management demonstrated successful margin expansion through active deposit cost management despite rate headwinds, and diversified fee income reaching a new high. The integration of Evans Bancorp is progressing smoothly, and the pipeline in commercial lending is encouraging. However, elevated commercial real estate payoffs and a modest uptick in non-performing loans warrant monitoring. Net interest margin stability and ability to grow loans at low- to mid-single digits will be key to watch next quarter, as well as credit quality trends in the C&I and consumer runoff portfolios.

AI-generated concall tone analysis · Updated 2026-06-09 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED NBT Bancorp reports Q1 2026 net income of $51.1M, ROA 1.29%.

Revenue & Profitability

First quarter 2026 net income was $51.1 million, or $0.98 per diluted common share. Operating return on assets was 1.29% and return on tangible equity was 15.50%. Net interest income was $134.3 million, up more than 25% year-over-year. Non-interest income (excluding securities gains) was $49.7 million, up 4.5% from Q1 2025. Total operating expenses were $112 million. Earnings improved 27% from the prior year.

Outlook

Management sees encouraging activity tied to advanced manufacturing, infrastructure, housing, and workforce initiatives across the seven-state footprint. While uncertainty exists, customer sentiment remains good and no pullback in capital expenditure plans has been observed. Loan growth is expected to return to low- to mid-single-digit rates for the remainder of the year. Net interest margin is expected to stabilize with potential for a few basis points of improvement depending on the yield curve.

Growth Drivers

Key growth drivers include the Micron semiconductor corridor in Upstate New York, where site development is underway and over a dozen customers have secured contracts. Manufacturing and defense activity in New England, as well as construction and community revitalization in legacy regions, are also driving growth. Fee income growth is led by retirement plan services, wealth management, and insurance. The bank is building out branches in Rochester and southern New Hampshire.

Balance Sheet & CapEx

Not discussed in this earnings call.

Margins

Net interest margin increased 7 basis points to 3.72% in Q1 2026, driven by a 10 basis point decline in deposit costs to 1.34%. Loan yields decreased 4 basis points to 5.66% due to variable rate repricing. Management expects margin stabilization with potential modest improvement depending on the yield curve. Operating leverage gains were achieved through disciplined balance sheet management.

Key Risks

Key risks include elevated commercial real estate payoffs (approximately $125 million in Q1), a higher level of net charge-offs and non-performing loans (primarily a C&I relationship in Western New York), and runoff portfolios in consumer solar and residential. Economic and interest rate uncertainty could slow customer activity. The bank’s ability to reinvest cash flows at favorable yields depends on the shape of the yield curve.

Generated by AI · Q1 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

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📞 Earnings Call Transcripts (5)

Q2 2026 Q2 2026 2026-07-28

Q2 2026 saw strong earnings growth, record net interest income, and broad-based loan expansion, with net income up 15% year-over-year and net interest margin at 3.73%. Capital levels remain robust, supporting dividend increases, share repurchases, and ongoing investments in growth markets.

Q1 2026 Q1 2026 2026-04-24

Q1 2026 saw strong year-over-year earnings growth, improved margins, and robust fee income, supported by disciplined balance sheet management and successful integration of Evans Bancorp. Loan growth is expected to rebound, with stable expenses and continued capital deployment for organic growth and M&A.

Q4 2025 Q4 2025 2026-01-27

Q4 and full-year results showed strong earnings growth, improved margins, and record non-banking revenue, aided by the Evans Bancorp merger. Loan and deposit growth were robust, capital levels support ongoing M&A and share repurchases, and credit quality remains stable.

Q3 2025 Q3 2025 2025-10-28

Q3 2025 delivered record net income, strong margin expansion, and robust fee income, aided by the Evans Bancorp merger and diversified growth. Loan and deposit growth continued, with prudent capital management and an 8.8% dividend increase. Margin faces near-term pressure but could improve in 2026.

Q2 2025 Q2 2025 2025-07-29

Second quarter 2025 saw strong revenue and margin growth, driven by the Evans Bancorp merger and asset repricing. Tangible book value and capital ratios improved, while the dividend was raised for the 13th year. Loan growth and liquidity remain solid, with a positive outlook for NIM.

📊 Analysis Methodology

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