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NBTB $48.88

NBTB target price
48.88
0
0
NBT Bank
Type
Public
Traded as NASDAQ: NBTB
Russell 2000 Component
Industry Finance
Founded 1856
Headquarters Norwich, New York, United States
Key people

Martin A. Dietrich, Chairman

John H. Watt, Jr., President & CEO
Products Financial Services
Revenue IncreaseUS$123M (FY 2014)
Net income
IncreaseUS$75M (FY 2014)
Total assets IncreaseUS$7,797M (FY 2014)
Total equity IncreaseUS$864M (FY 2014)
Number of employees
1,840
Website www.nbtbank.com

Martin A. Dietrich, Chairman

NBT Bank, N.A. is a financial institution that operates through a network of more than 150 banking locations, including offices in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. NBT Bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, New York, United States. NBT Bancorp is traded on the Nasdaq Global Select Market under the symbol NBTB.

Founded in 1856, NBT Bank was first a state-chartered bank called the Bank of Norwich. On June 28, 1865, the bank received a national charter (which it holds to this day) and changed its name to the National Bank of Norwich. In 1918, NBT Bank was one of the first national banks in New York State to apply for and receive trust powers under a Federal Reserve act and established a Trust Department. In 1925, NBT Bank changed its name a second time to better reflect its expanded services. Over the years, the area served by NBT Bank expanded and in 1989 the bank changed its name for the third time to The National Bank and Trust Company without "of Norwich." In 1995, the bank changed its name for the fourth time to NBT Bank, N.A. (The "N.A." stands for "National Association" and is used primarily in formal or legal contexts.) At the same time, NBT Bank introduced its current logo featuring a blue star and red lettering.

In 2016, NBT Bank celebrated its 160th year in business and published an updated history of the bank to commemorate this milestone.

NBT Bank completed its first acquisitions in the 1930s. Since that time, the bank has continued to grow through bank and branch acquisitions as well as through organic expansion.

Since 2000, NBT Bank acquired the following banks: LA Bank based in Scranton, Pennsylvania in 2000; Pioneer American Bank based in Carbondale, Pennsylvania in 2000; First National Bank of Northern New York based in Norfolk, New York in 2001; Central National Bank based in Canajoharie, New York in 2001; City National Bank and Trust Company based in Gloversville, New York in 2005; Hampshire First Bank based in Manchester, New Hampshire in 2012; and Alliance Bank based in Syracuse, New York in 2013. The merger with Alliance Bank was completed on March 8 and is NBT Bank's largest to date.

NBT Bank owns the naming rights to NBT Bank Stadium in Syracuse, New York.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-24 Future report Set alerts
Q2 2022 2022-07-25 0.88 0.88
Q1 2022 2022-04-25 0.90 0.90
Q4 2021 2022-01-26 0.86 0.86
Q3 2021 2021-10-26 0.86 0.86
Q2 2021 2021-07-26 0.92 0.92
Q1 2021 2021-04-26 0.90 0.90
Q4 2020 2021-01-27 0.85 0.85
Q3 2020 2020-10-26 0.00 0.00
Q2 2020 2020-07-27 0.56 0.56

Ratings

2016-01-07 Initiated Coverage Piper Jaffray Neutral $30.00
2016-01-07 Initiated Coverage Piper Jaffray Cos. Neutral $30.00
2015-11-04 Reiterated Rating Keefe, Bruyette & Woods Hold $26.00 to $27.00
2015-07-31 Reiterated Rating Keefe, Bruyette & Woods Hold $25.50 to $26.00
2014-10-30 Reiterated Rating Keefe, Bruyette & Woods Market Perform $25.00 to $26.00
2014-09-05 Initiated Coverage Sterne Agee CRT Neutral
2014-05-22 Boost Price Target Guggenheim $2.00 to $25.00
2014-02-03 Boost Price Target Keefe, Bruyette & Woods Market Perform $24.00 to $25.00
2014-01-14 Boost Price Target Guggenheim Neutral $24.00 to $27.00
2013-09-24 Boost Price Target Keefe, Bruyette & Woods $22.00 to $23.00
2009-10-20 Initiated Boenning & Scattergood Neutral
2016-01-07 Initiated Coverage Piper Jaffray Neutral $30.00
2016-01-07 Initiated Coverage Piper Jaffray Cos. Neutral $30.00
2015-11-04 Reiterated Rating Keefe, Bruyette & Woods Hold $26.00 to $27.00
2015-07-31 Reiterated Rating Keefe, Bruyette & Woods Hold $25.50 to $26.00
2014-10-30 Reiterated Rating Keefe, Bruyette & Woods Market Perform $25.00 to $26.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Robinson V Daniel II 1.34%  (587558) NBTB /
CHOJNOWSKI RICHARD 0.64%  (277570) NBTB /
DIETRICH MARTIN A President & CEO NBT Bancorp 0.29%  (125768) NBTB /
FORSYTHE DARYL R 0.27%  (117240) NBTB /
SOLOMON PAUL M 0.15%  (64205) NBTB /
CHEWENS MICHAEL J Sr EVP & CFO 0.14%  (61057) NBTB /
Brenner Timothy EVP & President Wealth Mgmt 0.13%  (57468) NBTB /
WEBB JACK H EVP - Strategic Support 0.13%  (55340) NBTB /
Stagliano Joseph R EVP Ops and Retail Banking 0.12%  (54237) NBTB /
WATT JOHN H JR EVP,President of NBT Bank, N.A 0.12%  (53286) NBTB /
LEVY JEFFREY M EVP/ Pres Commercial Banking 0.11%  (48139) NBTB /
SEIFTER LOWELL A 0.10%  (43430) NBTB /
MURPHY MICHAEL M 0.08%  (34532) NBTB /
MITCHELL JOHN C 0.08%  (32781) NBTB /
PRENTICE F SHELDON Corp SVP, Gen. Counsel, Sec\'y 0.07%  (32534) NBTB /
DELANEY TIMOTHY E 0.07%  (31262) NBTB /
Durkee Matthew K EVP / President of New England 0.07%  (30509) NBTB /
RAVEN DAVID E President & CEO Pennstar 0.06%  (24724) NBTB /
CIVIL PATRICIA T 0.05%  (23836) ANEN / NBTB /
Salanger Matthew J 0.04%  (18756) NBTB /
SANTANGELO JOSEPH A 0.04%  (16804) NBTB /
Wadsworth Robert A 0.03%  (14568) NBTB /
Douglas James H 0.02%  (6797) NBTB /
Kowalczyk Andrew S III 0.01%  (3434) NBTB /