NBT Bancorp Inc. Declares Quarterly Dividend of $0.37 (NASDAQ:NBTB)

by · The Cerbat Gem

NBT Bancorp Inc. (NASDAQ:NBTB – Get Free Report) declared a quarterly dividend on Monday, January 26th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.37 per share by the bank on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, March 2nd.

NBT Bancorp has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 12 years. NBT Bancorp has a payout ratio of 35.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect NBT Bancorp to earn $4.40 per share next year, which means the company should continue to be able to cover its $1.48 annual dividend with an expected future payout ratio of 33.6%.

NBT Bancorp Stock Up 0.2%

NBT Bancorp stock traded up $0.08 during midday trading on Tuesday, reaching $43.99. The stock had a trading volume of 14,128 shares, compared to its average volume of 172,552. NBT Bancorp has a 12 month low of $37.31 and a 12 month high of $49.18. The company has a market capitalization of $2.30 billion, a P/E ratio of 14.64 and a beta of 0.50. The company has a fifty day moving average price of $42.64 and a two-hundred day moving average price of $42.30. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.10.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last announced its quarterly earnings results on Monday, January 26th. The bank reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $185.14 million for the quarter, compared to analyst estimates of $183.63 million. NBT Bancorp had a return on equity of 10.35% and a net margin of 17.24%. As a group, equities analysts expect that NBT Bancorp will post 3.69 EPS for the current fiscal year.

Trending Headlines about NBT Bancorp

Here are the key news stories impacting NBT Bancorp this week:

  • Positive Sentiment: Q4 beat — NBTB reported EPS of roughly $1.05–$1.06 and revenue of ~$185M, topping consensus estimates and showing strong net interest income growth driven by higher loan balances. This is the primary near‑term bullish catalyst. Article Title
  • Positive Sentiment: Dividend raise — Board approved a $0.37 quarterly dividend (8.8% YoY increase), implying a ~3.4% yield and an ex‑dividend date of March 2, supporting income investor interest. Press Release
  • Positive Sentiment: Evans acquisition boost — Completion of the Evans Bancorp deal added ~$1.67B loans and ~$1.86B deposits, materially lifting assets, net interest income and reported net income vs prior year. Investors view the acquisition as a growth driver. QuiverQuant
  • Neutral Sentiment: Share repurchase program — Board authorized an amendment allowing repurchases up to 2.0M shares (through 2027); company bought 250k shares in Q4. This offsets some dilution over time but execution matters. Press Release
  • Neutral Sentiment: Conference call / transcripts available — Management hosted a call to review results; transcripts and slides are published for investors to hear details and guidance. Earnings Transcript
  • Negative Sentiment: Acquisition costs & provisions — The Evans deal drove acquisition‑related provisions (including allowance for acquired loans) and higher noninterest expense, pressuring reported operating costs near term. Zacks Analysis
  • Negative Sentiment: Credit & dilution risks — Net charge‑offs ticked up to ~0.16% and the company issued 5.1M shares at closing of Evans (valued ~$221.8M), increasing share count — a potential headwind to per‑share metrics until accretion continues. Press Release

NBT Bancorp Company Profile

(Get Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.

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