NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. More Details
No risks detected for NBTB from our risk checks.
Flawless balance sheet established dividend payer.
Share Price & News
How has NBT Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBTB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NBTB's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NBTB underperformed the US Banks industry which returned 35.5% over the past year.
Return vs Market: NBTB underperformed the US Market which returned 36.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NBT Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 hours ago | Simply Wall StHave Insiders Been Selling NBT Bancorp Inc. (NASDAQ:NBTB) Shares?
1 month ago | Simply Wall StIs NBT Bancorp Inc. (NASDAQ:NBTB) A Smart Choice For Dividend Investors?
1 month ago | Simply Wall StNBT Bancorp (NASDAQ:NBTB) Has Compensated Shareholders With A Respectable 57% Return On Their Investment
Is NBT Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NBTB ($39.27) is trading below our estimate of fair value ($50.93)
Significantly Below Fair Value: NBTB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NBTB is poor value based on its PE Ratio (16.4x) compared to the US Banks industry average (13.1x).
PE vs Market: NBTB is good value based on its PE Ratio (16.4x) compared to the US market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: NBTB is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: NBTB is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.1x).
How is NBT Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NBTB's forecast earnings growth (6.3% per year) is above the savings rate (2%).
Earnings vs Market: NBTB's earnings (6.3% per year) are forecast to grow slower than the US market (19.2% per year).
High Growth Earnings: NBTB's earnings are forecast to grow, but not significantly.
Revenue vs Market: NBTB's revenue (5.9% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: NBTB's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NBTB's Return on Equity is forecast to be low in 3 years time (9.8%).
How has NBT Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBTB has high quality earnings.
Growing Profit Margin: NBTB's current net profit margins (25.4%) are lower than last year (28.1%).
Past Earnings Growth Analysis
Earnings Trend: NBTB's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: NBTB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NBTB had negative earnings growth (-13.6%) over the past year, making it difficult to compare to the Banks industry average (0.5%).
Return on Equity
High ROE: NBTB's Return on Equity (8.8%) is considered low.
How is NBT Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NBTB's Assets to Equity ratio (9.2x) is low.
Allowance for Bad Loans: NBTB has a sufficient allowance for bad loans (230%).
Low Risk Liabilities: 93% of NBTB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBTB has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: NBTB's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: NBTB has an appropriate level of bad loans (0.6%).
What is NBT Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NBTB's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: NBTB's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: NBTB's dividends per share have been stable in the past 10 years.
Growing Dividend: NBTB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.2%), NBTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NBTB's dividends in 3 years are forecast to be well covered by earnings (41.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Watt (62 yo)
Mr. John H. Watt, Jr. has 31 years of experience in the financial services industry. He joined NBT Bank in 2014 following the sale of Alliance Financial Corporation to NBT. He played a leadership role in N...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.39M) is below average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||1.33yrs||US$395.63k||0.0050% |
|Chief Human Resources Officer||no data||US$680.36k||0.12% |
|Executive VP & President of Retail Community Banking||2.17yrs||US$859.94k||0.16% |
|Executive VP & President of Wealth Management||9yrs||US$849.08k||0.15% |
|Senior VP||no data||no data||no data|
|Senior VP & Chief Accounting Officer||1.33yrs||no data||0.016% |
|Executive VP||1.58yrs||no data||0.0034% |
|Senior VP & Director of Corporate Communications||no data||no data||no data|
|Executive Vice President of Consumer Lending||2.17yrs||no data||0.020% |
|Executive VP & President of Commercial Banking||4.17yrs||US$718.24k||0.019% |
|Executive VP and Chief Credit & Risk Officer||3.42yrs||no data||0.027% |
Experienced Management: NBTB's management team is considered experienced (2.2 years average tenure).
|Chairman of the Board||4.83yrs||US$187.44k||0.31% |
|Independent Director||4.25yrs||US$112.06k||0.010% |
|Independent Lead Director||no data||US$130.94k||0.075% |
|Independent Director||8yrs||US$119.54k||0.11% |
|Independent Director||4.83yrs||US$128.14k||0.043% |
|Independent Director||8yrs||US$119.04k||0.10% |
|Independent Director||10.17yrs||US$111.54k||0.075% |
|Independent Director||18.17yrs||US$138.76k||0.062% |
|Independent Director||14.33yrs||US$110.69k||0.039% |
|Independent Director||4.83yrs||US$107.24k||0.032% |
|Independent Director||10.17yrs||US$124.14k||0.019% |
Experienced Board: NBTB's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NBT Bancorp Inc.'s company bio, employee growth, exchange listings and data sources
- Name: NBT Bancorp Inc.
- Ticker: NBTB
- Exchange: NasdaqGS
- Founded: 1856
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.711b
- Shares outstanding: 43.58m
- Website: https://www.nbtbancorp.com
Number of Employees
- NBT Bancorp Inc.
- 52 South Broad Street
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NBTB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 1990|
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 withdra...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/08 00:31|
|End of Day Share Price||2021/03/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.