NBT: Q3 Earnings Snapshot

Associated Press Finance
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NORWICH, N.Y. (AP) — NORWICH, N.Y. (AP) — NBT Bancorp Inc. (NBTB) on Tuesday reported third-quarter earnings of $24.6 million.

The bank, based in Norwich, New York, said it had earnings of 54 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 84 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The financial holding company posted revenue of $177.3 million in the period. Its revenue net of interest expense was $135.1 million, which also beat Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBTB at https://www.zacks.com/ap/NBTB

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