NBT Bancorp (NBTB) shareholders back pay plan and KPMG, declare $0.37 dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
NBT Bancorp Inc. reported results of its Annual Meeting of Stockholders and declared a cash dividend. Stockholders elected 13 directors, including Martin A. Dietrich and John H. Watt, Jr., with each receiving over 34 million votes for and substantial broker non-votes recorded.
Stockholders approved, in a non-binding advisory vote, the compensation of the Company’s named executive officers, with 34,610,946 votes for and 1,018,485 against. They also ratified the appointment of KPMG LLP as independent registered public accounting firm, with 41,843,242 votes for.
The Board approved a second-quarter 2026 cash dividend of $0.37 per share, payable on June 15, 2026 to shareholders of record as of June 1, 2026. The Company reported total assets of $16.20 billion as of March 31, 2026.
Positive
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Negative
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8-K Event Classification
3 items: 5.07, 7.01, 9.01
3 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q2 2026 dividend: $0.37 per share
Dividend record date: June 1, 2026
Dividend payment date: June 15, 2026
+5 more
8 metrics
Q2 2026 dividend
$0.37 per share
Cash dividend approved, payable June 15, 2026
Dividend record date
June 1, 2026
Shareholders of record will receive Q2 2026 dividend
Dividend payment date
June 15, 2026
Payment date for $0.37 per share dividend
Total assets
$16.20 billion
As of March 31, 2026
Votes for KPMG ratification
41,843,242 votes
Auditor ratification for year ending December 31, 2026
Votes for say-on-pay
34,610,946 votes
Advisory approval of named executive officer compensation
Broker non-votes on pay
6,534,610
Non-binding advisory say-on-pay proposal
Branch locations
176 locations
NBT Bank, N.A. branches across seven states
Key Terms
non-binding, advisory vote, independent registered public accounting firm, broker non-votes, financial holding company, +1 more
5 terms
non-binding, advisory vote regulatory
"the compensation of the Company’s named executive officers was approved in a non-binding, advisory vote"
independent registered public accounting firm regulatory
"the appointment of KPMG LLP, the Company’s independent registered public accounting firm, for the fiscal year ending December 31, 2026 was ratified"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"The table below sets forth the voting results for each director nominee ... Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
financial holding company financial
"NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $16.20 billion"
A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.
cash dividend financial
"approved a second-quarter cash dividend of $0.37 per share at a meeting held today"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
FAQ
What did NBTB stockholders approve at the 2026 annual meeting?
Stockholders elected 13 directors, approved on an advisory basis the compensation of named executive officers, and ratified KPMG LLP as independent registered public accounting firm. Each director received over 34 million votes for, and KPMG’s ratification received 41,843,242 votes for.
What dividend did NBT Bancorp (NBTB) declare for Q2 2026?
NBT Bancorp’s Board approved a second-quarter 2026 cash dividend of $0.37 per share. The dividend will be paid on June 15, 2026 to shareholders of record as of June 1, 2026, continuing the company’s practice of returning cash to investors.
When is the record date and payment date for NBTB’s Q2 2026 dividend?
The record date for NBT Bancorp’s second-quarter 2026 dividend is June 1, 2026, and the payment date is June 15, 2026. Shareholders on record by June 1 will receive a $0.37 per share cash distribution on the June payment date.
How large is NBT Bancorp Inc. based on March 31, 2026 data?
NBT Bancorp Inc. reported total assets of $16.20 billion as of March 31, 2026. The company operates primarily through NBT Bank, N.A., with 176 banking locations across several Northeastern states, plus retirement plan services and insurance subsidiaries.