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Recap: NBT Bancorp Q4 Earnings

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Benzinga Insights
·1 min read
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Shares of NBT Bancorp (NASDAQ:NBTB) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 28.79% over the past year to $0.85, which beat the estimate of $0.69.

Revenue of $118,223,000 rose by 4.23% from the same period last year, which beat the estimate of $115,200,000.

Guidance

NBT Bancorp hasn't issued any earnings guidance for the time being.

View more earnings on NBTB

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $40.49

52-week low: $26.10

Price action over last quarter: Up 17.28%

Company Profile

NBT Bancorp Inc is a financial holding company that operates primarily through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products, as well as trust and investment services. Loans products include consumer loans, home equity loans, mortgages, business banking loans, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout the states of New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.

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