There are some bumps and bruises being had at this instituation in their persuit or growth. Working out in the battlefield I can assure you that rapid changes are taking place and shareholders of record will benefit next year. Elimination of back office (ops) overlap payroll and benefits, allowed runoff of high-cost deposits and targeting of low-cost core deposits will continue to increase net interest margins, reduction of non-interest expense, a sales training program implemented throughout the branch system and increased accountability and sales expectations along with cleaning up the commercial junk will benefit us all. The yield isn't bad either. Chin up. Hold Fast!! NBT-RED WHITE & BLUE.
P.O.S.C. agrees! This Yoda trained management team is awesome. Lead by the universal wisdom of their CEO, Obi wan kenobi, their jedi financial wiz CFO, Chewbacca, and the atomic systems guru from Nashville, C3PO, the banking universe is quaking in it's boots. This futuristic managment team is building shareholder value at light speed!
Awesome management Star Wars Team? And let's not forget Baby Huey as part of that space cadet team. POSC, you should listen to "notobright", he/she is correct. This star wars team are space cowboys and should go back to the future before the start of the merger mania. Remember back when the earnings went up every year, the dividend increased, we had a stock dividend, the asset quality was solid and most importantly, the price of the stock was $20? This space team wasted two years of earnings. Without the mergers, earnings would be somewhere upwards of $1.70 per share in 2001 and the stock would be selling for $25, not $13. Shareholder value hasn't incresed at the speed of light, but rather is droping like a rock.