NBTB NBT Bancorp Inc. featured news, full reports, and detailed charts
NBT Bancorp Inc. (NBTB) Wrap Up:
NBT Bancorp Inc. (the “Registrant” or the “Company”) is a registered financial holding company incorporated in the state of Delaware in 1986, with its principal headquarters located in Norwich, New York. The Company, on a consolidated basis, at December 31, 2007 had assets of $5.2 billion and stockholders’ equity of $397.3 million. The Registrant is the parent holding company of NBT Bank, N.A. (the Bank), NBT Financial Services, Inc. (NBT Financial), Hathaway Agency, Inc., CNBF Capital Trust I, NBT Statutory Trust I and NBT Statutory Trust II (the Trusts). Through the Bank and NBT Financial, the Company is focused on community banking operations. The Trusts were organized to raise additional regulatory capital and to provide funding for certain acquisitions. The Registrant’s primary business consists of providing commercial banking and financial services to its customers in its market area. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0001140361-08-005378.html#FIS_BUSINESS"NBT Bancorp, Inc. (NBTB:NASDAQ)
Snapshot of NBT Bancorp, Inc. (NBTB)
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OPEN
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PREVIOUS CLOSE
$20.39
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
12/31/08 - $28.39
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52 WEEK LOW
03/6/09 - $15.42
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MARKET CAP
700.2M
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AVERAGE VOLUME 3 mo
79.5K
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DILUTED EPS TTM
$1.59
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SHARES OUTSTANDING
34.3M
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EX-DATE
11/27/09
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P/E TTM
12.8x
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DIVIDEND
$0.80
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DIVIDEND YIELD
3.92%
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| K = Thousands M = Millions B = Billions | ||
NBTB Top Compensated Officers
Executives, Board Directors
Key developments for NBT Bancorp, Inc. (NBTB)
NBT Bancorp Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. The company reported net income per diluted share for the three months ended September 30, 2009 of $0.40 per share, as compared with $0.46 per share for the three months ended September 30, 2008. Annualized return on average assets and return on average equity were 0.99% and 11.01%, respectively, for the three months ended September 30, 2009, compared with 1.13% and 14.58%, respectively, for the three months ended September 30, 2008. Net income for the three months ended September 30, 2009 was $13.6 million, down $1.5 million, or 10.0%, from $15.1 million for the third quarter last year. Net interest income was up 3.5% to $48.7 million for the three months ended September 30, 2009 compared with $47.0 million for the three months ended September 30, 2008. For the period, the company reported book value per share of $14.49 compared to $13.24 for the same period a year ago. For the period, the company reported income before income taxes of $19.3 million compared to income before income taxes of $21.7 million a year ago. Net income per diluted share for the nine months ended September 30, 2009 was $1.13 per share, as compared with $1.34 per share for the nine months ended September 30, 2008. Annualized return on average assets and return on average equity were 0.95% and 10.89%, respectively, for the nine months ended September 30, 2009, compared with 1.11% and 14.26%, respectively, for the nine months ended September 30, 2008. Net income for the nine months ended September 30, 2009 was $38.2 million, down $5.2 million, or 12.1%, from the nine months ended September 30, 2008. Net interest income was up 5.6% to $144.8 million for the nine months ended September 30, 2009 compared with $137.1 million for the nine months ended September 30, 2008. The increase in noninterest income was due primarily to an increase in insurance and broker/dealer revenue, which increased approximately $9.1 million for the nine month period ended September 30, 2009 as compared with the nine month period ended September 30, 2008. This increase was due primarily to revenue generated by Mang Insurance Agency, LLC as previously mentioned. In addition, retirement plan administration fees increased approximately $1.5 million for the nine month period ended September 30, 2009 as compared with the nine month period ended September 30, 2008 as a result of organic growth from new business. For the period, the company reported income before income taxes of $55.1 million compared to income before income taxes of $62.6 million a year ago. The NBT Board of Directors declared a 2009 fourth-quarter cash dividend of $0.20 per share at a meeting held Oct. 26, 2009. The dividend will be paid on December 15, 2009, to shareholders of record as of December 1, 2009.
NBT Bancorp, Inc., Board Meeting, Oct 26, 2009 Agenda: To declare fourth-quarter cash dividend $0.20 per share.
NBT Bancorp, Inc. expected to Report Fiscal Year 2009 Results on January 25, 2010. This event was calculated by Capital IQ (Created on September 25, 2009).
NBTB Competitors
| Company | Last | Change |
| Community Bank Systems Inc | $18.36 USD | -0.53 |
| National Penn Bancshares Inc | $5.44 USD | -0.13 |
| Park National Corp | $60.55 USD | -0.64 |
| Provident Financial Services Inc | $10.69 USD | -0.41 |
| United Bankshares Inc | $16.52 USD | -0.21 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NBTB | Industry Range |
| Price/Earnings | 13.3x |
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| Price/Sales | 3.0x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 13.6x |
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| TEV/Sales | NM | Not Meaningful |
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NBTB |
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NBTB transactions
| Type Date |
Target |
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Buyback
October 26, 2009 |
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More Recent News About NBT Bancorp Inc.
More news for NBTB
How to Fish for the Best Financials
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37% Loan Growth, 25% Deposit Growth, Half The NPAs: Top Analyst From B. Riley Is Finding 25% Equity Returns In East Coast Financial Institutions
67 WALL STREET, New York - October 9, 2009 - The Wall Street Transcript has just published its Northeast and Mid-Atlantic Regional Banks Report offering a timely review of the sector to serious investors and industry executives. This 121 page feature contains expert industry commentary through 21 in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Residential Mortgage Situation -- Regional Banks Mergers and Acquisitions Timing Strategy -- Commercial Mortgage Portfolio Decay -- Timing Of Commercial Mortgage Portfolio Bad Debt Write Offs-- FDIC Hit List For Bank Closings -- Mutual Holding Company Structure -- Interest Rate Scenarios -- Banking Pricing Power -- Expensive Bank Valuations -- Tangible Book As Guide For Bank Stock Pricing -- Distressed Sales Of Community and Regional Banks -- TARP Program -- Attitude Of Institutional Investors Towards Resurgence in Community Banking -- Unique Business Models -- Regional Bank Boards Looking For Exit Companies include: BB and T (BBT); Colonial (CNB); First Niagara (FNFG); PNC (PNC); National City (NCC-PA); Harleysville National (HNBC); Citizens First Bancorp (CTZN); Regions Financial (RF); Bank of America (BAC); SunTrust Banks (STI); Pinnacle Financial (PNFP); Northwest Bancorp Inc. (NWSB); Beneficial (BNCL); Investor Savings Bancorp (ISBC); Territorial Bancorp (TBNK); FNB Bancorp (FNBG.OB); National Penn (NPBC); Trustco Bank (TRST); KeyBank (KEY); M and T Bank (MTB); New York Community Bancorp (NYB); Bank of New York Mellon (BK);...Click here to read the whole Article (external link)
Q3 2009 NBT Bancorp Earnings Release - After Market Close
Earnings Announcements for Monday, October 26CompanySymbolTimeConferenceCallAcura Pharmaceuticals, Inc.ACUR.OBAfter Market CloseADTIYA BIRLA CHEMICALS (INDIA) LTDABCIL.BOTime Not SuppliedAlbemarle CorporationALBAfter Market CloseAlberto Culver Co.ACVBefore Market OpenListenALI CORP3041.TWAfter Market CloseAmerica Movil, S.A. de C.V.AMXAfter Market CloseAmerican Financial GroupAFGAfter Market CloseAmerican National InsuranceANAT3:00 pm ETArch Capital GroupACGLAfter Market CloseListenARRIS Group, Inc.ARRSAfter Market CloseListenAssociated Estates RealtyAECAfter Market CloseAtlas AirAAWWBefore Market OpenListenAXA PROPERTY TRUSTAPT.LBefore Market OpenBanco PopularPOP.MCBefore Market OpenBank of Hawaii CorporationBOHBefore Market OpenListenBar Harbor BanksharesBHBAfter Market Close...Click here to read the whole Article (external link)
Coverage initiated on NBT Bancorp Inc. by Boenning & Scattergood
Quotes for NBTB - Yahoo! Finance #screen,#masthead{text-align:center;margin:0;width:752px;} #screen.xpand,#masthead.xpand{width:100%;} #screen.xpand #yfncsubtit{width:100%;} #masthead{padding-bottom:12px;} #leftcol,#rightcol{margin:0;} #leftcol{width:155px;float:left;} #rightcol{width:585px;} #content{width:752px;} #footer {clear:both;} /*/*/ body{text-align:center;} #screen{text-align:left;min-width:700px;width:62.5em;width:expression( document.all.footer ? (document.all.footer.offsetWidth>1000) ? '980'+'px' : document.all.footer.offsetWidth :'62.5'+'em') ;margin:auto;border:1px solid #FFF;} #screen.xpand{width:100%; text-align:center} #portfolio{margin:10px auto;} #hdrads{margin:10px auto 0 auto;} #masthead,#leftcol,#rightcol{margin:0;} #masthead{width:100%;} #leftcol{float:left;width:18%;} #rightcol{float:right;width:80%;} #content{width:100%;} #footer{clear:both;text-align:center;padding:10px 0;width:60em;margin:auto;border:0px solid #FFF;} #leftNavTable,#yfncmh,#yfncmkttme,#yfncduplgnwrn,#yfncpsnlbar,#yfnctitbar,#y fncsubtit,#yfncbrobtn,#yfncsumtab, .yfnc_systitlelinea1,.yfnc_systitlelineb1,.yfnc_modtitlew1{ width:100%;} #yfncmh{width:100%;} .yfncsumdatagrid{background:#DCDCDC;width:100%;} .yfnc_modtitlew2{width:49%;} /**/ .yfncnhl{color:#666;margin-bottom:10px;} .yfncnhl .yfncnhlbl{color:#000;width:1.6em;text-align:center;} .yfncnhl .yfncnhltt{color:#000;width:50px;padding-top:2px;} .yfncnhltt { position: relative; } .yfncnhltt a { position: relative; display: block; /* opera */ width: 42px; height: 31px; } .yfncnhltt img { border: 0; } .yfncnhltt img.video_play { position: absolute; bottom: 2px; left: 2px; width: 13px; height: 14px; } #yfiunv table td, #yfiadvdec table td { width: 1%; } #yfiunv table td.name, #yfiadvdec table th.first, #yfiadvdec table td.first { width: 10%; white-space: normal; } #leftcol{display:none;} #rightcol{display:block;} ...Click here to read the whole Article (external link)
Northeast Community Banks Valuation And Upside: Have They Dodged The Bullet?
67 WALL STREET, New York - October 14, 2009 - The Wall Street Transcript has just published its Northeast & Mid-Atlantic Regional Banks Report offering a timely review of the sector to serious investors and industry executives. This 121 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Residential Mortgage Situation -- Regional Banks Mergers and Acquisitions Timing Strategy -- Commercial Mortgage Portfolio Decay -- Timing Of Commercial Mortgage Portfolio Bad Debt Write Offs-- FDIC Hit List For Bank Closings -- Mutual Holding Company Structure -- Interest Rate Scenarios -- Banking Pricing Power -- Expensive Bank Valuations -- Tangible Book As Guide For Bank Stock Pricing -- Distressed Sales Of Community and Regional Banks -- TARP Program -- Attitude Of Institutional Investors Towards Resurgence in Community Banking -- Unique Business Models -- Regional Bank Boards Looking For Exit Companies include: BB and T (BBT); Colonial (CNB); First Niagara (FNFG); PNC (PNC); National City (NCC-PA); Harleysville National (HNBC); Citizens First Bancorp (CTZN); Regions Financial (RF); Bank of America (BAC); SunTrust Banks (STI); Pinnacle Financial (PNFP); Northwest Bancorp Inc. (NWSB); Beneficial (BNCL); Investor Savings Bancorp (ISBC); Territorial Bancorp (TBNK); FNB Bancorp (FNBG.OB); National Penn (NPBC); Trustco Bank (TRST); KeyBank (KEY); M and T Bank (MTB); New York Community Bancorp (NYB); Bank of New York Mellon (BK);...Click here to read the whole Article (external link)
NBT Bancorp Inc. Announces Third Quarter Earnings of $0.40 per Share; Declares Cash Dividend
NORWICH, NY--(Marketwire - 10/26/09) - NBT Bancorp Inc. (NBT) (NASDAQ:NBTB - News) reported today net income per diluted share for the three months ended September 30, 2009 of $0.40 per share, as compared with $0.46 per share for the three months ended September 30, 2008. Annualized return on average assets and return on average equity were 0.99% and 11.01%, respectively, for the three months ended September 30, 2009, compared with 1.13% and 14.58%, respectively, for the three months ended September 30, 2008. Net income for the three months ended September 30, 2009 was $13.6 million, down $1.5 million, or 10.0%, from $15.1 million for the third quarter last year. Net income per diluted share for the nine months ended September 30, 2009 was $1.13 per share, as compared with $1.34 per share for the nine months ended September 30, 2008. Annualized return on average assets and return on average equity were 0.95% and 10.89%, respectively, for the nine months ended September 30, 2009, compared with 1.11% and 14.26%, respectively, for the nine months ended September 30, 2008. Net income for the nine months ended September 30, 2009 was $38.2 million, down $5.2 million, or 12.1%, from the nine months ended September 30, 2008.For the three months ended September 30, 2009, FDIC expenses increased $0.9 million over the three months ended September 30, 2008. For the nine months ended September 30, 2009, FDIC expenses increased $6.1 million over the nine months ended September 30, 2008, including the special assessment of approximately $2...Click here to read the whole Article (external link)
NBT’s net income down 10% in Q3
ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | view digital edition | ...Click here to read the whole Article (external link)
NBT BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Show all filings for NBT BANCORP INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for NBT BANCORP INC 27-Oct-2009Results of Operations and Financial Condition, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "a...Click here to read the whole Article (external link)
NBT BANCORP INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue88,486 88,217 88,971 93,517 Cost of Revenue12,002 13,123 13,839 16,371 Gross Profit - 75,094 75,132 77,146 Operating ExpensesResearch Development - - - - Selling General and Administrative40,205 41,114 41,492 39,424 Non Recurring - - - - Others9,928 10,024 7,264 8,595 Total Operating Expenses - - - - Operating Income or Loss - 23,956 26,376 29,127 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes26,351 23,956 26,376 29,127 Interest Expense6,952 7,198 7,430 7,983 Income Before Tax19,399 16,758 18,946 21,144 Income Tax Expense5,821 5,198 5,874 6,247 Minority Interest - - - - Net Income From Continuing Ops13,578 11,560 13,072 14,897 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - ...Click here to read the whole Article (external link)
NBT BANCORP INC Files SEC form 10-Q, Quarterly Report
Item 2 -- MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The purpose of this discussion and analysis is to provide a concise description of the financial condition and results of operations of NBT Bancorp Inc. ("the Registrant") and its wholly owned consolidated subsidiaries, NBT Bank, N.A. (the "Bank"), NBT Financial Services, Inc. ("NBT Financial"), and NBT Holdings, Inc. ("NBT Holdings") (collectively referred to herein as the "Company"). This discussion will focus on Results of Operations, Financial Position, Capital Resources and Asset/Liability Management. Reference should be made to the Company's consolidated financial statements and footnotes thereto included in this Form 10-Q as well as to the Company's 2008 Form 10-K for an understanding of the following discussion and analysis. Operating results for the three and nine month periods ended September 30, 2009 are not necessarily indicative of the results of the full year ending December 31, 2009 or any future period. Forward-looking Statements Certain statements in this filing and future filings by the Company with the Securities and Exchange Commission, in the Company's press releases or other public or shareholder communications, contain forward-looking statements, as defined in the Private Securities Litigation Reform Act. These statements may be identified by the use of phrases such as "anticipate," "believe," "expect," "forecasts," "projects," "could," or other similar terms. There are a number of factors, many of which are beyond the Company's control that could cause actual results to differ materially from those contemplated by the forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among others, the following: (1) competitive pressures among depository...Click here to read the whole Article (external link)
