NBT Bancorp Inc. (NBTB)
Fair ValueFundamental
64
Price
$52.87
Market Cap
$2.67B
Part 1 · What the company is worth
Overview
NBT Bancorp Inc., a financial holding company, provides personal and commercial banking, retail banking, and wealth management services in the United States. It operates through Banking, Retirement Plan Administration, and All Other segments. The company offers demand deposit, savings, interest-bearing checking, money market deposit, and certificate of deposit accounts; and indirect and direct consumer loans, home equity loans and lines of credit, residential mortgages, business banking loans, commercial and industrial loans, agricultural loans, commercial construction loans, commercial real estate loans, indirect auto loans, and other consumer loans, as well as agricultural lending, personal lines of credit, overdraft protection, and second mortgage loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan and health savings account recordkeeping and administration, and actuarial services. In addition, the company offers insurance products, such as personal property and casualty, business liability, and commercial insurance; and other products and services through a network of ATM locations and 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. Further, it operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company serves retail, commercial, and municipal customers. It operates in upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
The dominant commercial bank in upstate New York and New England, it takes on NBT directly for middle-market lending, commercial real estate and branch deposits, with a far larger balance sheet and advertising budget.
The closest match to NBT: a Syracuse-based community bank holding company with branches across the same upstate New York and northeastern Pennsylvania towns, and the same mix of retail and commercial banking plus wealth management, insurance and employee-benefit services.
Ithaca-based community bank serving the Finger Lakes, Hudson Valley and southeastern Pennsylvania — largely NBT's own footprint — with the same local-decision-making pitch to small businesses and the same trust and wealth-advisory business.
Competes branch-for-branch with NBT in northeastern New York — Glens Falls, Saratoga County, the Capital Region and the North Country — for household deposits, small-business loans and municipal banking relationships.
Its Five Star Bank subsidiary chases the same consumer, small-business and municipal customers across western and central New York, where NBT also lends and gathers deposits.
Schenectady-based bank competing with NBT for residential mortgages and retail deposits in New York's Capital Region and Hudson Valley.
Balance Sheet & Liquidity
Revenue
$742M
Trailing 12 months (through 6/30/2026)
Net Income
$214M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$219M
Total Equity
$1.90B
Total Liabilities
$14.10B
Current Ratio
-
Interest Coverage
0.51
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$56.05
Current Price
$52.87
Margin of Safety
+5.7%
Fair Value Range
$45.62 - $66.47
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
12.83
ROE
8.9%
P/B Ratio
1.41
P/FCF
11.19
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
8.7%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (13)
- EPS shows upward trend
- P/FCF 11.19
- P/B ratio 1.41
- Operating margin 37.4%
- Positive free cash flow
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- ROE 11.3%
- PEG ratio 1.78
- Earnings quality (operating cash flow / net income) 1.22
- Net margin trend 28.8% vs 21.4%
- Piotroski F-Score 6/9
Failed (9)
- EPS CAGR 3.69%
- Price CAGR 1.89%
- Debt/equity ratio
- Interest coverage
- Return on tangible assets
- DCF valuation (Overvalued)
- Revenue growth 5Y 4.4%
- Earnings surprise, average 1.1%
- Share dilution 7.3%
Unavailable (5)
- ROIC –
- Gross margin –
- Dividend payout –
- Current ratio
- Debt/EBITDA
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Scott A. Kingsley CPA | President, CEO & Director | 60 |
| Ms. Annette L. Burns | Executive VP & CFO | 52 |
| Mr. Joseph R. Stagliano | Senior Executive Vice President | 56 |
| Ms. Amy C. Wiles | Strategic Advisor | 66 |
| Ms. Ruth Halley Mahoney | Executive VP & President of Wealth Management | 57 |
| Amy S. Hurta | Senior VP & Senior Director of Operations | - |
| Mr. Kenneth J. Entenmann C.F.A. | Senior VP, Chief Investment Officer & Chief Economist | - |
| Mr. Martin Randolph Sparks | Executive VP, General Counsel, Chief Ethics Officer & Corporate Secretary | 66 |
| Ms. Florence R. Doller | Senior VP & Director of Corporate Communications | - |
| Ms. Cynthia A. Smaniotto | Executive VP & Chief Human Resources Officer | - |
Audit Risk
3
Board Risk
5
Compensation Risk
1
Shareholder Rights Risk
2
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-27
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-07
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-21
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much NBTB moves, measured on its daily prices.
More volatile than 3% of the tracked stocks (90-day volatility).
- Volatility 30d
- 15.7%
- Volatility 90d
- 17.9%
- Beta vs S&P 500 (1y)
- 0.36Correlation 0.21
- Max drawdown (12m)
- -12.9%
- ATR (14d, % of price)
- 1.68%
Earnings reactions
How NBTB moved around its past quarterly results.
Next earnings release
Oct 27, 2026 · In 3 days · After the close
EPS estimate: 1.09Revenue estimate: $194M
What usually happens
- Over the last 12 releases the stock moved a median of 3.4% the next day, up or down.
- Next-day moves: up 8, down 4 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 27, 2026 | After the close | 1.04 | 1.01 | -3.2% | -0.6% | +2.1% | +0.7% |
| Apr 23, 2026 | After the close | 1.00 | 0.97 | -3.2% | -4.5% | -4.5% | -3.5% |
| Jan 26, 2026 | After the close | 1.01 | 1.05 | +4.4% | +0.7% | -1.1% | +3.4% |
| Oct 27, 2025 | After the close | 0.99 | 1.05 | +6.3% | +2.6% | +1.4% | +0.2% |
| Jul 28, 2025 | After the close | n/a | n/a | n/a | +3.0% | +3.8% | -1.2% |
| Apr 24, 2025 | After the close | n/a | n/a | n/a | +0.2% | +0.6% | +0.4% |
| Jan 27, 2025 | After the close | n/a | n/a | n/a | -2.0% | -5.4% | -4.2% |
| Oct 28, 2024 | After the close | n/a | n/a | n/a | -0.9% | +0.2% | -3.0% |
| Jul 22, 2024 | After the close | n/a | n/a | n/a | +0.1% | +8.1% | +5.8% |
| Apr 22, 2024 | After the close | n/a | n/a | n/a | +2.3% | +3.5% | +1.4% |
| Jan 23, 2024 | After the close | n/a | n/a | n/a | +0.3% | -3.3% | -5.4% |
| Oct 24, 2023 | After the close | n/a | n/a | n/a | +4.0% | +7.6% | +10.1% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on NBTB and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for NBTB.
- 4/24/2026NEUTRALFull Transcript: NBT Bancorp Q1 2026 Earnings Call
NBT Bancorp has released the full transcript of its Q1 2026 Earnings Call, dated April 24, 2026. The transcript provides detailed insights into the company's financial performance, strategic initiatives, and outlook for the upcoming quarters. Investors and analysts can review the discussions on revenue streams, operational efficiency, market positioning, and management's forward-looking statements. While the transcript itself is informational, it allows for a deeper understanding of the company's trajectory and potential future developments without immediate price-moving news.