28-Mar-2024
NBT Bancorp files automatic mixed shelf
Seeking Alpha News (Tue, 26-Mar 4:28 PM ET)
NBT Bancorp Inc. Announces Full Year Net Income and Declares Dividend
Globe Newswire (Tue, 23-Jan 4:15 PM ET)
NBT Bancorp Inc. Announces CEO Succession Plan
Globe Newswire (Mon, 22-Jan 4:15 PM ET)
NBT Bancorp Inc. Announces Date of Fourth Quarter Conference Call
Globe Newswire (Tue, 2-Jan 9:00 AM ET)
NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products and trust and investment services. Loan products include consumer, home equity, mortgage, business banking, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
NBT Bancorp trades on the NASDAQ stock market under the symbol NBTB.
As of March 28, 2024, NBTB stock price declined to $36.68 with 365,250 million shares trading.
NBTB has a beta of 0.84, meaning it tends to be less sensitive to market movements. NBTB has a correlation of 0.11 to the broad based SPY ETF.
NBTB has a market cap of $1.73 billion. This is considered a Small Cap stock.
Last quarter NBT Bancorp reported $138 million in Revenue and $.72 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.03.
In the last 3 years, NBTB stock traded as high as $48.68 and as low as $27.53.
The top ETF exchange traded funds that NBTB belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
NBTB has underperformed the market in the last year with a return of +7.5%, while the SPY ETF gained +33.6%. In the last 3 month period, NBTB fell short of the market, returning -14.5%, while SPY returned +10.1%. However, in the most recent 2 weeks NBTB has outperformed the stock market by returning +7.3%, while SPY returned +1.7%.
NBTB support price is $35.90 and resistance is $37.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NBTB stock will trade within this expected range on the day.