Welcome to our dedicated page for Nbt Bancorp news (Ticker: NBTB), a resource for investors and traders seeking the latest updates and insights on Nbt Bancorp stock.
NBT Bancorp Inc. (NASDAQ: NBTB) is a financial holding company headquartered in Norwich, New York, with operations centered on commercial and retail banking, wealth management, retirement plan administration and insurance agency services. The NBTB news page on Stock Titan aggregates company announcements, earnings updates and other public disclosures related to these activities.
According to its press releases and SEC filings, NBT Bancorp regularly reports quarterly financial results, including net income, net interest income, noninterest income, loan and deposit trends, asset quality metrics and capital ratios. The company also issues announcements about cash dividend declarations approved by its Board of Directors and provides schedules for conference calls and audio webcasts to review its results.
Recent news has highlighted the completion of NBT Bancorp’s merger with Evans Bancorp, Inc., which the company states extended the NBT Bank, N.A. branch network into Western New York and added banking locations, loans and deposits. Company communications describe how this merger affects earning assets, deposits, net interest margin and noninterest income. Updates on integration progress and leadership roles in the Western Region of New York have also been included in public statements.
Visitors to the NBTB news page can review these types of disclosures in one place, including earnings releases, dividend announcements, merger-related updates, and notices about investor presentations. For investors and observers following a regional commercial banking and financial services company, this news stream provides context on NBT Bancorp’s operating performance, geographic footprint, and corporate actions over time.
NBT Bancorp Inc. will release its financial results for Q2 2021 on July 26, 2021, after market close. A conference call to discuss these results is scheduled for July 27, 2021, at 8:30 a.m. Eastern Time. Investors can access the conference call via an audio webcast, which will also be archived on the company's website for twelve months. NBT Bancorp, headquartered in Norwich, NY, has total assets of $11.5 billion as of March 31, 2021, operating through NBT Bank and additional financial service firms.
NBT Bancorp Inc. (NASDAQ: NBTB) has appointed J. David Brown to its Board of Directors. Brown, current President and CEO of the Capital District YMCA, brings 28 years of experience in community programming. Previously, he served on the NBT Bank Capital Region Advisory Board and has been recognized with multiple awards, including Director of the Year from the Association of YMCA Professionals. The Board Chair expressed optimism about Brown's ability to enhance responsiveness to customers. NBT Bancorp reported assets of $11.5 billion as of March 31, 2021.
NBT Bancorp reported a net income of $39.8 million, or $0.91 per share, for Q1 2021, marking an increase of $5.7 million from Q4 2020. This growth is attributed to lower provisions for loan losses and the adoption of the CECL accounting methodology amidst the pandemic. Total loans reached $7.6 billion, with a net interest income of $79.4 million and a net interest margin of 3.17%. The company announced a dividend of $0.27 per share, payable June 15, 2021. Additionally, total assets rose to $11.5 billion.
NBT Bancorp Inc. will announce its first quarter financial results for 2021 on April 26, 2021, post-market close, followed by a conference call on April 27, 2021, at 8:30 a.m. Eastern Time. The audio webcast will be accessible on the Company’s website, with an archive available for one year. NBT Bancorp, headquartered in Norwich, NY, reported total assets of $10.9 billion as of December 31, 2020. The Company operates NBT Bank and other financial services across six states and is expanding into Connecticut.
NBT Bancorp reported a net income of $104.4 million for the year ended December 31, 2020, down 13.7% from $121.0 million in 2019, attributed to increased provisions for loan losses due to the COVID-19 pandemic. Diluted earnings per share decreased 13.5% to $2.37. However, pre-provision net revenue rose 6% to $193.4 million. For Q4, net income was $34.2 million, with diluted EPS at $0.78. Total loans rose to $7.5 billion, with an allowance for loan losses at 1.47%. Additionally, the Board approved an increase in the stock repurchase program to 2 million shares.
NBT Bancorp Inc. (NASDAQ: NBTB) will announce its fourth quarter 2020 financial results on January 27, 2021, post-market. A conference call for analysis will take place on January 28, 2021, at 8:30 a.m. (Eastern). The call will be accessible via an audio webcast on the company's Investor Relations page, with an archived version available for one year. As of September 30, 2020, NBT Bancorp had total assets of $10.8 billion and operates through NBT Bank, N.A. and two financial service companies across multiple states, including an entry into Connecticut.
NBT Bancorp Inc. reported a net income of $35.1 million or $0.80 per diluted share for Q3 2020, showing a $10.4 million increase from the prior quarter, driven by lower loan loss provisions. Pre-provision net revenue stood at $49.6 million, a slight decline from $50.7 million in Q2 2020. Total loans remained stable at $7.6 billion, while the allowance for loan losses was 1.51%. The Board declared a $0.27 per share dividend, payable on December 15, 2020. NBT's capital ratios are strong, with tangible book value growing to $20.02.
NBT Bancorp Inc. (NASDAQ: NBTB) will announce its third quarter 2020 financial results on October 26, 2020, after market close. A conference call reviewing these results is scheduled for October 27, 2020, at 8:30 a.m. Eastern Time. The audio link will be available on the Investor Relations page of NBT's website, and the call will be archived for one year. NBT Bancorp, based in Norwich, NY, has total assets of $10.8 billion as of June 30, 2020, operating through NBT Bank and its financial services subsidiaries.
NBT Bancorp reported a net income of $24.7 million or $0.56 per diluted share for Q2 2020, an increase from Q1, driven by lower loan loss provisions and expenses. However, it declined by $5.8 million year-over-year due to higher provisions related to COVID-19. Pre-provision net revenue rose to $50.7 million. The bank facilitated $547 million in Paycheck Protection Program loans, supporting over 61,000 jobs. Total loans were $7.6 billion, while capital ratios remained strong with a CET1 ratio of 11.34%. The company declared a quarterly dividend of $0.27 per share.
NBT Bancorp Inc. will announce its second-quarter 2020 financial results on July 27, 2020, after market close. Following this, a conference call will occur on July 28, 2020, at 8:30 a.m. Eastern Time to discuss the results. The audio from the call will be accessible via the Investor Relations section of the company's website.
As of March 31, 2020, NBT Bancorp reported total assets of $9.95 billion and operates primarily through NBT Bank, which has 146 banking locations across multiple states.