Q2 Earnings Forecast for NBT Bancorp Issued By DA Davidson

NBT Bancorp Inc. (NASDAQ:NBTB) – Research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of NBT Bancorp in a research note issued to investors on Tuesday, April 29th. DA Davidson analyst M. Navas expects that the bank will post earnings of $0.77 per share for the quarter. DA Davidson has a “Buy” rating and a $53.00 price target on the stock. The consensus estimate for NBT Bancorp’s current full-year earnings is $3.69 per share. DA Davidson also issued estimates for NBT Bancorp’s FY2025 earnings at $3.45 EPS.

Several other brokerages have also recently weighed in on NBTB. StockNews.com cut NBT Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 16th. Hovde Group started coverage on NBT Bancorp in a research note on Friday, March 21st. They set a “market perform” rating and a $50.00 price objective on the stock. Finally, Stephens upgraded NBT Bancorp from an “equal weight” rating to an “overweight” rating and set a $53.00 price objective on the stock in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, NBT Bancorp presently has a consensus rating of “Hold” and an average target price of $52.75.

NBT Bancorp Price Performance

Shares of NASDAQ:NBTB opened at $42.80 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $42.61 and its two-hundred day simple moving average is $46.16. NBT Bancorp has a 1-year low of $34.47 and a 1-year high of $52.44. The stock has a market cap of $2.02 billion, a PE ratio of 14.46 and a beta of 0.53.

NBT Bancorp (NASDAQ:NBTB) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.04. NBT Bancorp had a return on equity of 9.39% and a net margin of 17.84%. The business had revenue of $155.31 million for the quarter, compared to analysts’ expectations of $151.00 million. During the same period last year, the business earned $0.68 EPS.

Insider Activity

In other NBT Bancorp news, Director Heidi M. Hoeller bought 678 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was purchased at an average cost of $48.45 per share, with a total value of $32,849.10. Following the transaction, the director now directly owns 6,437 shares in the company, valued at $311,872.65. This trade represents a 11.77 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sarah A. Halliday sold 5,000 shares of NBT Bancorp stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $48.45, for a total value of $242,250.00. Following the completion of the sale, the executive vice president now directly owns 25,564 shares of the company’s stock, valued at approximately $1,238,575.80. This trade represents a 16.36 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.03% of the company’s stock.

Institutional Investors Weigh In On NBT Bancorp

Large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its holdings in NBT Bancorp by 55.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 224,874 shares of the bank’s stock worth $9,946,000 after acquiring an additional 80,232 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in NBT Bancorp by 12.5% in the 4th quarter. Bank of New York Mellon Corp now owns 683,253 shares of the bank’s stock worth $32,632,000 after acquiring an additional 75,693 shares during the last quarter. Barclays PLC increased its holdings in NBT Bancorp by 41.8% in the 3rd quarter. Barclays PLC now owns 91,880 shares of the bank’s stock worth $4,064,000 after acquiring an additional 27,085 shares during the last quarter. Lisanti Capital Growth LLC increased its holdings in NBT Bancorp by 53.0% in the 4th quarter. Lisanti Capital Growth LLC now owns 66,035 shares of the bank’s stock worth $3,154,000 after acquiring an additional 22,865 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in NBT Bancorp by 68.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 92,582 shares of the bank’s stock valued at $4,095,000 after buying an additional 37,469 shares in the last quarter. Hedge funds and other institutional investors own 58.46% of the company’s stock.

NBT Bancorp Company Profile

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.