Q1 Earnings Forecast for NBT Bancorp Issued By DA Davidson

NBT Bancorp Inc. (NASDAQ:NBTB) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of NBT Bancorp in a note issued to investors on Thursday, January 30th. DA Davidson analyst M. Navas expects that the bank will earn $0.76 per share for the quarter. DA Davidson has a “Strong-Buy” rating on the stock. The consensus estimate for NBT Bancorp’s current full-year earnings is $3.46 per share.

NBT Bancorp (NASDAQ:NBTB) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). NBT Bancorp had a net margin of 17.84% and a return on equity of 9.39%. During the same period last year, the business posted $0.72 earnings per share.

Several other equities research analysts have also recently commented on NBTB. Stephens raised NBT Bancorp from an “equal weight” rating to an “overweight” rating and set a $53.00 target price for the company in a research note on Wednesday. StockNews.com downgraded shares of NBT Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 16th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of NBT Bancorp from $50.00 to $55.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.75.

NBT Bancorp Stock Up 1.4 %

Shares of NASDAQ:NBTB opened at $47.70 on Friday. NBT Bancorp has a 12 month low of $32.79 and a 12 month high of $52.44. The firm has a market cap of $2.25 billion, a P/E ratio of 16.11 and a beta of 0.53. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.17. The company’s 50-day moving average price is $48.77 and its two-hundred day moving average price is $47.01.

NBT Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Monday, March 3rd. NBT Bancorp’s dividend payout ratio is presently 45.95%.

Insider Buying and Selling at NBT Bancorp

In related news, Director John H. Watt, Jr. sold 10,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $49.40, for a total transaction of $494,000.00. Following the completion of the transaction, the director now directly owns 125,301 shares of the company’s stock, valued at approximately $6,189,869.40. This represents a 7.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Amy Wiles sold 500 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $51.31, for a total value of $25,655.00. Following the sale, the executive vice president now owns 27,409 shares in the company, valued at approximately $1,406,355.79. This represents a 1.79 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,694 shares of company stock worth $3,139,185. Corporate insiders own 3.32% of the company’s stock.

Institutional Trading of NBT Bancorp

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in shares of NBT Bancorp by 47.9% in the 3rd quarter. GAMMA Investing LLC now owns 778 shares of the bank’s stock valued at $34,000 after purchasing an additional 252 shares during the period. Inspire Investing LLC increased its position in NBT Bancorp by 3.7% during the third quarter. Inspire Investing LLC now owns 9,378 shares of the bank’s stock worth $415,000 after buying an additional 331 shares during the last quarter. KBC Group NV raised its stake in NBT Bancorp by 47.5% in the fourth quarter. KBC Group NV now owns 2,152 shares of the bank’s stock valued at $103,000 after buying an additional 693 shares during the period. US Bancorp DE acquired a new stake in shares of NBT Bancorp in the third quarter valued at approximately $57,000. Finally, Quest Partners LLC bought a new position in shares of NBT Bancorp during the 3rd quarter worth approximately $57,000. Institutional investors and hedge funds own 58.46% of the company’s stock.

About NBT Bancorp

NBT Bancorp Inc, a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans.