NBT Bancorp Management

Management criteria checks 3/4

NBT Bancorp's CEO is Scott Kingsley, appointed in May 2024, has a tenure of less than a year. total yearly compensation is $864.27K, comprised of 60.8% salary and 39.2% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth $934.85K. The average tenure of the management team and the board of directors is 0.5 years and 8.2 years respectively.

Key information

Scott Kingsley

Chief executive officer

US$864.3k

Total compensation

CEO salary percentage	60.8%
CEO tenure	less than a year
CEO ownership	0.04%
Management average tenure	less than a year
Board average tenure	8.2yrs

Recent management updates

Recent updates

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

Jul 26

NBT Bancorp (NASDAQ:NBTB) Will Pay A Larger Dividend Than Last Year At $0.32

Aug 18

NBT Bancorp (NASDAQ:NBTB) Is Paying Out A Larger Dividend Than Last Year

Jul 29

Earnings Beat: NBT Bancorp Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Apr 28

NBT Bancorp's (NASDAQ:NBTB) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 03

CEO Compensation Analysis

How has Scott Kingsley's remuneration changed compared to NBT Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$135m
Jun 30 2024	n/a	n/a	US$122m
Mar 31 2024	n/a	n/a	US$119m
Dec 31 2023	US$864k	US$525k	US$119m
Sep 30 2023	n/a	n/a	US$124m
Jun 30 2023	n/a	n/a	US$139m
Mar 31 2023	n/a	n/a	US$147m
Dec 31 2022	US$1m	US$513k	US$152m
Sep 30 2022	n/a	n/a	US$153m
Jun 30 2022	n/a	n/a	US$152m
Mar 31 2022	n/a	n/a	US$154m
Dec 31 2021	US$809k	US$238k	US$155m

Compensation vs Market: Scott's total compensation ($USD864.27K) is below average for companies of similar size in the US market ($USD5.38M).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.

CEO

Scott Kingsley (59 yo)

less than a year

Tenure

US$864,267

Compensation

Mr. Scott A. Kingsley is President, CEO & Director of NBT Bancorp Inc. from May 21, 2024. Mr. Kingsley served as Executive Vice President and Chief Financial Officer at NBT Bancorp Inc and NBT Bank, Nation...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Kingsley	President	less than a year	US$864.27k	0.041% $ 934.9k
John Watt	Vice Chairman & Advisor	less than a year	US$2.52m	0.30% $ 6.9m
Martin Sparks	Executive VP	2.6yrs	US$864.81k	0.0042% $ 96.6k
Joseph Stagliano	Senior Executive Vice President	less than a year	US$740.56k	0.19% $ 4.3m
Ruth Mahoney	Executive VP & President of Wealth Management	3.3yrs	US$704.34k	0.0099% $ 227.4k
Annette Burns	Executive VP & CFO	less than a year	US$609.77k	0.023% $ 533.2k
Kenneth Entenmann	Senior VP	no data	no data	no data
Florence Doller	Senior VP & Director of Corporate Communications	no data	no data	no data
Cynthia Smaniotto	Senior VP & Chief Human Resources Officer	less than a year	no data	0.034% $ 782.2k
Shauna Hyle	Executive Vice President of Retail Community Banking	5.8yrs	no data	0.030% $ 688.8k
Leonard Chinski	Senior VP & Director of Audit	no data	no data	no data
Sarah Halliday	Executive VP & President of Commercial Banking	7.8yrs	US$837.34k	0.053% $ 1.2m

0.5yrs

Average Tenure

56yo

Average Age

Experienced Management: NBTB's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Kingsley	President	less than a year	US$864.27k	0.041% $ 934.9k
John Watt	Vice Chairman & Advisor	less than a year	US$2.52m	0.30% $ 6.9m
Martin Dietrich	Independent Chairman	19.8yrs	US$206.79k	0.23% $ 5.3m
Andrew Kowalczyk	Independent Director	7.9yrs	US$152.88k	0.020% $ 467.7k
Jack Webb	Lead Independent Director	11.7yrs	US$154.63k	0.11% $ 2.6m
Matthew Salanger	Independent Director	8.5yrs	US$161.15k	0.051% $ 1.2m
Lowell Seifter	Independent Director	11.7yrs	US$155.55k	0.096% $ 2.2m
Timothy Delaney	Independent Director	13.8yrs	US$145.93k	0.10% $ 2.4m
VanNess Robinson	Independent Director	8.5yrs	US$143.90k	0.87% $ 20.0m
J. Brown	Independent Director	3.5yrs	US$141.30k	0.0096% $ 221.4k
Heidi Hoeller	Independent Director	2.8yrs	US$142.50k	0.0092% $ 210.6k
Johanna Ames	Independent Director	4.2yrs	US$149.21k	0.44% $ 10.1m

8.2yrs

Average Tenure

66yo

Average Age

Experienced Board: NBTB's board of directors are considered experienced (8.2 years average tenure).

NBT Bancorp Management

Management criteria checks 3/4

Key information

Recent management updates

Vice Chairman & Advisor notifies of intention to sell stock

Independent Director recently sold US$2.1m worth of stock

Independent Director notifies of intention to sell stock

Vice Chairman & Advisor recently sold US$909k worth of stock

Independent Director recently sold US$3.1m worth of stock

NBT Bancorp Inc. Announces Executive Changes

Recent updates

Vice Chairman & Advisor notifies of intention to sell stock

Independent Director recently sold US$2.1m worth of stock

Independent Director notifies of intention to sell stock

Vice Chairman & Advisor recently sold US$909k worth of stock

Third quarter dividend of US$0.34 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

NBT Bancorp Inc Approves Fourth-Quarter Cash Dividend, Payable on December 16, 2024

NBT Bancorp Inc. to Report Q3, 2024 Results on Oct 28, 2024

Independent Director recently sold US$3.1m worth of stock

NBT Bancorp Inc. (NasdaqGS:NBTB) entered into an agreement and plan of merger to acquire Evans Bancorp, Inc. (NYSEAM:EVBN) for approximately $230 million.

NBT Bancorp Inc. (NasdaqGS:NBTB) entered into an agreement and plan of merger to acquire Evans Bancorp, Inc. (NYSEAM:EVBN) for approximately $230 million.

Upcoming dividend of US$0.34 per share

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

Second quarter dividend increased to US$0.34

Price target increased by 14% to US$46.75

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

NBT Bancorp Inc. Approves Cash Dividend Increase, Payable on September 13, 2024

Investor sentiment improves as stock rises 15%

NBT Bancorp Inc. to Report Q2, 2024 Results on Jul 22, 2024

First quarter dividend of US$0.32 announced

NBT Bancorp Inc. Announces Executive Changes

NBT Bancorp inc Approves Second-Quarter Cash Dividend, Payable on June 17, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

NBT Bancorp Inc., Annual General Meeting, May 21, 2024

NBT Bancorp Inc. to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.32 per share

Independent Director recently sold US$298k worth of stock

Fourth quarter dividend of US$0.32 announced

Full year 2023 earnings: EPS and revenues miss analyst expectations

NBT Bancorp Inc. Declares First-Quarter Cash Dividend, Payable on March 15, 2024

NBT Bancorp Inc. Announces Chief Executive Officer Changes, Effective May 21, 2024

Price target increased by 8.9% to US$40.83

Upcoming dividend of US$0.32 per share at 3.6% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

NBT Bancorp Inc. Declares Cash Dividend for the Fourth Quarter 2023, Payable on December 15, 2023

NBT Bancorp Inc. to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.32 per share at 3.7% yield

New minor risk - Shareholder dilution

NBT Bancorp (NASDAQ:NBTB) Will Pay A Larger Dividend Than Last Year At $0.32

NBT Bancorp Inc. Approves Cash Dividend for the Third-Quarter of 2023, Payable on September 15, 2023

Consensus EPS estimates fall by 10%

Second quarter 2023 earnings: EPS in line with expectations, revenues disappoint

NBT Bancorp Inc. to Report Q2, 2023 Results on Jul 31, 2023

Upcoming dividend of US$0.30 per share at 3.4% yield

NBT Bancorp Inc. Approves Second-Quarter Cash Dividend, Will Be Paid on June 15, 2023

Independent Director recently bought US$1.2m worth of stock

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Executive VP & CFO recently bought US$89k worth of stock

Upcoming dividend of US$0.30 per share at 2.9% yield

Price target decreased by 7.4% to US$43.67

Full year 2022 earnings: EPS misses analyst expectations

NBT Bancorp Inc. Approves Dividend for the First Quarter of 2023, Payable on March 15, 2023

NBT Bancorp Inc. to Report Q4, 2022 Results on Jan 23, 2023

NBT Bancorp Inc. (NasdaqGS:NBTB) entered into a definitive agreement to acquire Salisbury Bancorp, Inc. (NasdaqCM:SAL) for approximately $200 million.

Upcoming dividend of US$0.30 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

NBT Bancorp Inc. Approves Dividend for the Fourth Quarter of 2022, Payable on December 15, 2022

NBT Bancorp Inc. to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.30 per share

Independent Chairman recently sold US$433k worth of stock

NBT Bancorp (NASDAQ:NBTB) Is Paying Out A Larger Dividend Than Last Year

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

NBT Bancorp Inc. Announces Second Quarter Dividend, Payable on September 15, 2022

NBT Bancorp Inc. to Report Q2, 2022 Results on Jul 25, 2022

Upcoming dividend of US$0.28 per share

NBT Bancorp Inc. Announces Second-Quarter Dividend, Payable on June 15, 2022

Executive VP & CFO recently bought US$107k worth of stock

Earnings Beat: NBT Bancorp Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models