(NBTB) NBT Bancorp - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 2.293m USD | Total Return: 13.6% in 12m
Avg Turnover: 14.2M
EPS Trend: 41.8%
Qual. Beats: 0
Rev. Trend: 97.9%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
NBT Bancorp Inc. (NBTB) is a financial holding company headquartered in Norwich, New York, operating a diversified regional banking model across the Northeast. Founded in 1856, the company manages three primary segments: Banking, Retirement Plan Administration, and Wealth Management. Its core business involves gathering consumer and commercial deposits to fund a broad loan portfolio, including residential mortgages, commercial real estate, and indirect auto loans.
The company distinguishes itself from pure-play regional banks by maintaining significant non-interest income streams through its retirement plan recordkeeping and insurance brokerage services. This fee-based revenue model helps mitigate the impact of interest rate volatility on net interest margins, a common risk within the GICS Regional Banks sub-industry. Geographically, NBTB maintains a concentrated footprint in New York, Pennsylvania, and several New England states, serving a mix of retail, municipal, and corporate clients.
Investors can further examine the companys valuation metrics and historical performance trends on ValueRay. As a regional player, NBT Bancorps stability is largely tied to the economic health of the Northeast corridor and its ability to manage credit risk within its diversified lending segments.
- Net interest margin compression remains sensitive to Federal Reserve monetary policy shifts
- Retirement plan administration fees provide stable non-interest income growth during volatility
- Commercial and residential real estate loan performance dictates credit loss provisioning
- Regional economic health in New York and New England drives loan demand
- Strategic acquisitions and branch network integration impact operational efficiency and scale
| Net Income: 183.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.06 > 1.0 |
| NWC/Revenue: 3.61% < 20% (prev -1.43k%; Δ 1.43k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 246.3m > Net Income 183.6m |
| Net Debt (145.6m) to EBITDA (260.5m): 0.56 < 3 |
| Current Ratio: 1.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (52.4m) vs 12m ago 11.13% < -2% |
| Gross Margin: 74.54% > 18% (prev 0.71%; Δ 7.38k% > 0.5%) |
| Asset Turnover: 6.21% > 50% (prev 5.74%; Δ 0.47% > 0%) |
| Interest Coverage Ratio: 1.13 > 6 (EBITDA TTM 260.5m / Interest Expense TTM 210.6m) |
| A: 0.00 (Total Current Assets 151.6m - Total Current Liabilities 117.8m) / Total Assets 16.2b |
| B: 0.08 (Retained Earnings 1.23b / Total Assets 16.2b) |
| C: 0.02 (EBIT TTM 238.9m / Avg Total Assets 15.0b) |
| D: 0.08 (Book Value of Equity 1.14b / Total Liabilities 14.3b) |
| Altman-Z'' = 0.45 = B |
As of May 24, 2026, the stock is trading at USD 45.86 with a total of 282,878 shares traded.
Over the past week, the price has changed by +4.17%,
over one month by +2.71%,
over three months by +6.12% and
over the past year by +13.61%.
NBT Bancorp has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NBTB.
- StrongBuy: 3
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.9 | 6.7% |
P/E Forward = 13.4048
P/S = 3.292
P/B = 1.2387
P/EG = 2.6616
Revenue TTM = 933.8m USD
EBIT TTM = 238.9m USD
EBITDA TTM = 260.5m USD
Long Term Debt = 179.4m USD (from longTermDebt, last fiscal year)
Short Term Debt = 117.8m USD (from shortTermDebt, last quarter)
Debt = 297.2m USD (corrected: LT Debt 179.4m + ST Debt 117.8m)
Net Debt = 145.6m USD (calculated: Debt 297.2m - CCE 151.6m)
Enterprise Value = 2.44b USD (2.29b + Debt 297.2m - CCE 151.6m)
Interest Coverage Ratio = 1.13 (Ebit TTM 238.9m / Interest Expense TTM 210.6m)
EV/FCF = 13.45x (Enterprise Value 2.44b / FCF TTM 181.3m)
FCF Yield = 7.43% (FCF TTM 181.3m / Enterprise Value 2.44b)
FCF Margin = 19.41% (FCF TTM 181.3m / Revenue TTM 933.8m)
Net Margin = 19.66% (Net Income TTM 183.6m / Revenue TTM 933.8m)
Gross Margin = 74.54% ((Revenue TTM 933.8m - Cost of Revenue TTM 237.7m) / Revenue TTM)
Gross Margin QoQ = 76.86% (prev 76.13%)
Tobins Q-Ratio = 0.15 (Enterprise Value 2.44b / Total Assets 16.2b)
Interest Expense / Debt = 70.86% (Interest Expense 210.6m / Debt 297.2m)
Taxrate = 23.30% (15.5m / 66.7m)
NOPAT = 183.2m (EBIT 238.9m * (1 - 23.30%))
Current Ratio = 0.02 (Total Current Assets 151.6m / Total Current Liabilities 9.80b)
Debt / Equity = 0.16 (Debt 297.2m / totalStockholderEquity, last quarter 1.91b)
Debt / EBITDA = 0.56 (Net Debt 145.6m / EBITDA 260.5m)
Debt / FCF = 0.80 (Net Debt 145.6m / FCF TTM 181.3m)
Total Stockholder Equity = 1.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.22% (Net Income 183.6m / Total Assets 16.2b)
RoE = 9.83% (Net Income TTM 183.6m / Total Stockholder Equity 1.87b)
RoCE = 11.67% (EBIT 238.9m / Capital Employed (Equity 1.87b + L.T.Debt 179.4m))
RoIC = 1.13% (NOPAT 183.2m / Invested Capital 16.2b)
WACC = 7.77% (E(2.29b)/V(2.59b) * Re(8.78%) + (debt cost/tax rate unavailable))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 23.00 | Cagr: 4.56%
[DCF] Terminal Value 76.72% ; FCFF base≈174.4m ; Y1≈190.3m ; Y5≈238.0m
[DCF] Fair Price = 67.20 (EV 3.64b - Net Debt 145.6m = Equity 3.50b / Shares 52.0m; r=8.35% [WACC [floored]]; 5y FCF grow 10.49% → 2.50% )
EPS Correlation: 41.83 | EPS CAGR: 4.78% | SUE: -0.34 | # QB: 0
Revenue Correlation: 97.87 | Revenue CAGR: 17.58% | SUE: 0.74 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.02 | Chg30d=-0.84% | Revisions=-9% | Analysts=7
EPS next Quarter (2026-09-30): EPS=1.09 | Chg30d=-0.39% | Revisions=-11% | Analysts=7
EPS current Year (2026-12-31): EPS=4.17 | Chg30d=-0.36% | Revisions=+0% | GrowthEPS=+9.3% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=4.54 | Chg30d=-1.00% | Revisions=-20% | GrowthEPS=+8.8% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: -20%