NBT Bancorp Inc.

NasdaqGS:NBTB Stock Report

Market Cap: US$2.6b

NBT Bancorp Management

Management criteria checks 3/4

NBT Bancorp's CEO is Scott Kingsley, appointed in May 2024, has a tenure of 2.17 years. total yearly compensation is $2.99M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth $1.53M. The average tenure of the management team and the board of directors is 4.3 years and 7.7 years respectively.

Key information

Scott Kingsley

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage27.43%
CEO tenure2.2yrs
CEO ownership0.06%
Management average tenure4.3yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Analysis Article • Jun 19

NBT Bancorp (NBTB) Stock Could Be 46% Below Fair Value After Recent Share Move

NBT Bancorp (NBTB) has drawn fresh attention after its recent share move, with the stock closing at US$46.68. That price puts current returns and valuation metrics into sharper focus for investors. See our latest analysis for NBT Bancorp. Set against the recent close at US$46.68, NBT Bancorp’s 1 day share price return of 0.71% comes after a 7 day share price pullback of 2.08%. However, its 90 day share price return of 14.66% and 1 year total shareholder return of 20.83% point to momentum that...
Narrative Update • Jun 19

NBTB: Share Repurchases And Stable Metrics Will Support Balanced Stock Upside

Analysts have raised their average price target on NBT Bancorp stock by $1, citing updated valuation work that keeps fair value metrics, discount rate, growth assumptions, profit margin, and future P/E estimates broadly in line with prior expectations. What’s in the News for NBT Bancorp NBT Bancorp completed a share repurchase program announced on January 3, 2022, buying back a total of 1,063,100 shares, representing 2.26% of shares, for US$41.11 million.
Seeking Alpha • Jun 04

NBT Bancorp Isn't The Cheapest, But It's Still Worth Banking On

Summary NBT Bancorp demonstrates high asset quality, strong growth, and disciplined balance sheet management, justifying a soft 'buy' rating. Deposit growth is robust, primarily organic, with a notable $1.86 billion boost from the Evans Bancorp acquisition; uninsured deposits remain elevated at 43.9%. Loan portfolio is diversified, though rising auto loan delinquencies warrant ongoing monitoring; net interest margin and profits are expanding. NBTB trades at 11.4x P/E, above a strict value threshold but relatively cheap versus peers, with superior ROA (1.30%) and ROE (10.89%). Read the full article on Seeking Alpha
Narrative Update • Jun 03

NBTB: Profitability And Fee Income Will Support Balanced Upside And Execution Risks

Analysts have raised the NBT Bancorp price target by $1 to $50, citing relatively strong profitability, a resilient funding base, and a meaningful contribution from fee-based businesses compared with peer banks. Analyst Commentary Bullish Takeaways Bullish analysts point to relatively strong profitability metrics as a key support for the updated US$50 price target, suggesting the stock is being valued on consistent earnings power compared with peers.
Narrative Update • Feb 07

NBTB: Buybacks And Stable Credit Costs Will Support Measured Upside Potential

Analysts have nudged their price target for NBT Bancorp higher to about $48.50, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that modestly adjust their outlook while keeping the overall thesis intact. What's in the News NBT Bancorp repurchased 250,000 shares between October 1, 2025 and December 31, 2025, representing 0.48% of shares for $10.2 million under its existing buyback program (Key Developments).
Narrative Update • Dec 10

NBTB: Expanded Buybacks Will Support Long-Term Upside Potential Through 2027

Analysts have modestly revised their price target on NBT Bancorp higher to approximately 47.80 dollars, reflecting steady expectations for fair value, discount rate, revenue growth, profit margin, and future price-to-earnings multiples that collectively support a stable long-term outlook. What's in the News Third quarter 2025 total loan net charge offs increased to 4.3 million dollars from 3.92 million dollars a year earlier, indicating slightly higher credit costs (Key Developments) NBT Bancorp increased its equity buyback plan on October 27, 2025, raising remaining authorization to 2,000,000 shares and extending the program through December 31, 2027, bringing total authorization to 4,555,000 shares (Key Developments) Between July 1 and September 30, 2025, the company repurchased no additional shares, leaving total repurchases under the January 3, 2022 buyback at 563,100 shares, or 1.31 percent of shares, for 19.91 million dollars (Key Developments) Valuation Changes Fair Value Estimate remained unchanged at 47.80 dollars per share, indicating no shift in the model’s intrinsic value assessment.
Narrative Update • Nov 25

NBTB: Share Buyback Expansion Will Support Upside Potential Through 2027

Narrative Update on NBT Bancorp Price Target Analysts have revised their price target for NBT Bancorp downward from $50.17 to $47.80, citing a more modest outlook on revenue growth and profit margins. What's in the News NBT Bancorp reported total loan net charge-offs of $4.3 million for the third quarter ended September 30, 2025, compared to $3.92 million a year ago (Key Developments).
Analysis Article • Aug 01

NBT Bancorp Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

NBT Bancorp Inc. ( NASDAQ:NBTB ) came out with its quarterly results last week, and we wanted to see how the business...
Seeking Alpha • Mar 30

NBT Bancorp: Fairly Valued With Limited Growth Prospects

Summary NBT Bancorp has a strong track record, outperforming peers during crises and maintaining stability, thanks to a diversified business model. The bank has produced slow but steady growth, and M&A should aid this further in the near-term. The bank faces geographic challenges, relying heavily on the plodding upstate New York market. Semiconductor investments in upstate New York could be a big catalyst, but these funds may get tied up due to political shifts. NBTB stock is fairly valued and has a solid dividend growth story, but the starting valuation isn't particularly compelling today. Read the full article on Seeking Alpha
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New Narrative • Sep 24

Calculated Growth And Diversification Brighten The Bank's Financial Horizon

Strategic dividend increases and sector expansions, particularly in tech and semiconductors, underscore robust financial health and market growth opportunities.
Analysis Article • Jul 26

NBT Bancorp (NASDAQ:NBTB) Has Announced That It Will Be Increasing Its Dividend To $0.34

The board of NBT Bancorp Inc. ( NASDAQ:NBTB ) has announced that it will be paying its dividend of $0.34 on the 13th of...

CEO Compensation Analysis

How has Scott Kingsley's remuneration changed compared to NBT Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$184m

Dec 31 2025US$3mUS$820k

US$169m

Sep 30 2025n/an/a

US$150m

Jun 30 2025n/an/a

US$133m

Mar 31 2025n/an/a

US$144m

Dec 31 2024US$2mUS$691k

US$141m

Sep 30 2024n/an/a

US$135m

Jun 30 2024n/an/a

US$122m

Mar 31 2024n/an/a

US$119m

Dec 31 2023US$864kUS$525k

US$119m

Sep 30 2023n/an/a

US$124m

Jun 30 2023n/an/a

US$139m

Mar 31 2023n/an/a

US$147m

Dec 31 2022US$1mUS$513k

US$152m

Sep 30 2022n/an/a

US$153m

Jun 30 2022n/an/a

US$152m

Mar 31 2022n/an/a

US$154m

Dec 31 2021US$809kUS$238k

US$155m

Compensation vs Market: Scott's total compensation ($USD2.99M) is below average for companies of similar size in the US market ($USD6.91M).

Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.

CEO

Scott Kingsley (61 yo)

2.2yrs
Tenure
US$2,990,037
Compensation

Mr. Scott A. Kingsley, CPA, is President, CEO & Director of NBT Bancorp Inc. from May 21, 2024. Mr. Kingsley serves as Chief Executive Officer of NBT Bank. He served as Executive Vice President and Chief F...

Leadership Team

NamePositionTenureCompensationOwnership
Scott Kingsley
President2.2yrsUS$2.99m0.059%
$ 1.5m
Annette Burns
Executive VP & CFO2.2yrsUS$1.00m0.024%
$ 619.1k
Joseph Stagliano
Senior Executive Vice President2.2yrsUS$1.34m0.18%
$ 4.7m
Ruth Mahoney
Executive VP & President of Wealth Management4.9yrsUS$941.15k0.018%
$ 479.3k
Amy Hurta
Senior VP & Senior Director of Operationsno datano datano data
Kenneth Entenmann
Senior VPno datano datano data
Martin Sparks
Executive VP4.3yrsUS$864.81k0.0080%
$ 207.3k
Florence Doller
Senior VP & Director of Corporate Communicationsno datano datano data
Cynthia Smaniotto
Executive VP & Chief Human Resources Officer5.5yrsno data0.031%
$ 820.2k
Shauna Hyle
Executive Vice President of Retail Community Banking7.5yrsno data0.037%
$ 952.0k
Leonard Chinski
Senior VP & Chief Audit Officerno datano datano data
Tara Trafton
Senior VP & Chief Commercial Credit Officerno datano data0.023%
$ 594.1k
4.3yrs
Average Tenure
58yo
Average Age

Experienced Management: NBTB's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Scott Kingsley
President2.2yrsUS$2.99m0.059%
$ 1.5m
Martin Dietrich
Independent Chairman21.5yrsUS$203.61k0.22%
$ 5.8m
Andrew Kowalczyk
Independent Director10.2yrsUS$158.28k0.024%
$ 630.6k
David Nasca
Director1.2yrsUS$123.72k0.14%
$ 3.6m
Richard Cantele
Director2.9yrsUS$171.86k0.12%
$ 3.0m
Matthew Salanger
Lead Independent Director10.2yrsUS$156.80k0.050%
$ 1.3m
Timothy Delaney
Independent Director15.5yrsUS$147.16k0.12%
$ 3.1m
John Watt
Vice Chairman9.6yrsUS$178.30k0.10%
$ 2.7m
VanNess Robinson
Independent Director10.2yrsUS$143.97k0.046%
$ 1.2m
J. Brown
Independent Director5.2yrsUS$138.97k0.014%
$ 368.8k
Heidi Hoeller
Independent Director4.5yrsUS$151.22k0.020%
$ 526.4k
Johanna Ames
Independent Director5.8yrsUS$149.21k0.41%
$ 10.6m
7.7yrs
Average Tenure
67yo
Average Age

Experienced Board: NBTB's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 07:57
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NBT Bancorp Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel CardenasBrean Capital Historical (Janney Montgomery)
Jacob CivielloD.A. Davidson & Co.
null nullD.A. Davidson & Co.