Latest news with #NBTBancorp
Yahoo
27-07-2025
- Business
- Yahoo
NBT Bancorp (NBTB) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company NBT Bancorp (NASDAQ:NBTB) will be reporting results this Monday after the bell. Here's what to look for. NBT Bancorp beat analysts' revenue expectations by 2.7% last quarter, reporting revenues of $154.7 million, up 10% year on year. It was a strong quarter for the company, with a decent beat of analysts' tangible book value per share estimates and a narrow beat of analysts' net interest income estimates. Is NBT Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting NBT Bancorp's revenue to grow 21.4% year on year to $170.5 million, improving from the 15.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.83 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. NBT Bancorp has missed Wall Street's revenue estimates twice over the last two years. Looking at NBT Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Atlantic Union Bankshares delivered year-on-year revenue growth of 86.2%, beating analysts' expectations by 12.5%, and Seacoast Banking reported revenues up 19.6%, topping estimates by 5%. Atlantic Union Bankshares traded down 1.9% following the results while Seacoast Banking's stock price was unchanged. Read our full analysis of Atlantic Union Bankshares's results here and Seacoast Banking's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 4% on average over the last month. NBT Bancorp is down 1.2% during the same time and is heading into earnings with an average analyst price target of $49.83 (compared to the current share price of $41.40). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
27-07-2025
- Business
- Yahoo
NBT Bancorp (NBTB) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company NBT Bancorp (NASDAQ:NBTB) will be reporting results this Monday after the bell. Here's what to look for. NBT Bancorp beat analysts' revenue expectations by 2.7% last quarter, reporting revenues of $154.7 million, up 10% year on year. It was a strong quarter for the company, with a decent beat of analysts' tangible book value per share estimates and a narrow beat of analysts' net interest income estimates. Is NBT Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting NBT Bancorp's revenue to grow 21.4% year on year to $170.5 million, improving from the 15.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.83 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. NBT Bancorp has missed Wall Street's revenue estimates twice over the last two years. Looking at NBT Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Atlantic Union Bankshares delivered year-on-year revenue growth of 86.2%, beating analysts' expectations by 12.5%, and Seacoast Banking reported revenues up 19.6%, topping estimates by 5%. Atlantic Union Bankshares traded down 1.9% following the results while Seacoast Banking's stock price was unchanged. Read our full analysis of Atlantic Union Bankshares's results here and Seacoast Banking's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 4% on average over the last month. NBT Bancorp is down 1.2% during the same time and is heading into earnings with an average analyst price target of $49.83 (compared to the current share price of $41.40). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
NBT Bancorp (NBTB) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on higher revenues when NBT Bancorp (NBTB) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This financial holding company is expected to post quarterly earnings of $0.82 per share in its upcoming report, which represents a year-over-year change of +18.8%. Revenues are expected to be $170.63 million, up 21.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.53% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for NBT? For NBT, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.45%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that NBT will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that NBT would post earnings of $0.76 per share when it actually produced earnings of $0.80, delivering a surprise of +5.26%. Over the last four quarters, the company has beaten consensus EPS estimates two times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. NBT doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Banks - Northeast industry, Flagstar Financial (FLG), is soon expected to post loss of $0.12 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of +88.6%. Revenues for the quarter are expected to be $527.48 million, down 21.4% from the year-ago quarter. The consensus EPS estimate for Flagstar Financial has been revised 26.4% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +9.47%. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Flagstar Financial will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NBT Bancorp Inc. (NBTB) : Free Stock Analysis Report Flagstar Financial, Inc. (FLG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why NBT Bancorp (NBTB) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Based in Norwich, NBT Bancorp (NBTB) is in the Finance sector, and so far this year, shares have seen a price change of -12.42%. Currently paying a dividend of $0.34 per share, the company has a dividend yield of 3.25%. In comparison, the Banks - Northeast industry's yield is 2.82%, while the S&P 500's yield is 1.57%. Taking a look at the company's dividend growth, its current annualized dividend of $1.36 is up 3% from last year. NBT Bancorp has increased its dividend 4 times on a year-over-year basis over the last 5 years for an average annual increase of 5.73%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. NBT's current payout ratio is 44%. This means it paid out 44% of its trailing 12-month EPS as dividend. Looking at this fiscal year, NBTB expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $3.38 per share, which represents a year-over-year growth rate of 14.97%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, NBTB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NBT Bancorp Inc. (NBTB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
20-05-2025
- Business
- Globe and Mail
NBT Bancorp Inc. Announces Cash Dividend
NORWICH, N.Y., May 20, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. ('NBT' or the 'Company') (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.34 per share at a meeting held today. The dividend will be paid on June 16, 2025 to shareholders of record as of June 2, 2025. Corporate Overview NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.86 billion at March 31, 2025. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services companies. NBT Bank, N.A. has 175 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services, based in Rochester, NY, is a national benefits administration firm. NBT Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions is available online at: and This press release was published by a CLEAR® Verified individual.
