NBT Bancorp Inc. (NASDAQ:NBTB) Receives Average Recommendation of “Moderate Buy” from Brokerages

Posted by on May 28th, 2026

Shares of NBT Bancorp Inc. (NASDAQ:NBTB – Get Free Report) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $49.50.

Several equities analysts have recently weighed in on the company. Hovde Group reduced their price target on NBT Bancorp from $47.00 to $46.50 and set a “market perform” rating for the company in a research report on Monday, April 27th. Brean Capital cut NBT Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings upgraded NBT Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Janney Montgomery Scott cut NBT Bancorp from a “buy” rating to a “neutral” rating in a research report on Monday, February 23rd. Finally, DA Davidson reiterated a “buy” rating and issued a $52.00 price target on shares of NBT Bancorp in a research report on Monday, April 27th.

Check Out Our Latest Research Report on NBT Bancorp

Hedge Funds Weigh In On NBT Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NBTB. Royal Bank of Canada grew its position in NBT Bancorp by 22.3% during the first quarter. Royal Bank of Canada now owns 40,303 shares of the bank’s stock worth $1,729,000 after buying an additional 7,349 shares in the last quarter. AQR Capital Management LLC grew its position in NBT Bancorp by 45.0% during the first quarter. AQR Capital Management LLC now owns 13,630 shares of the bank’s stock worth $585,000 after buying an additional 4,231 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in NBT Bancorp by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,388 shares of the bank’s stock worth $1,175,000 after buying an additional 1,197 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in NBT Bancorp by 15.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 165,550 shares of the bank’s stock worth $7,102,000 after buying an additional 22,655 shares in the last quarter. Finally, Jane Street Group LLC grew its position in NBT Bancorp by 1,188.4% during the first quarter. Jane Street Group LLC now owns 88,284 shares of the bank’s stock worth $3,787,000 after buying an additional 81,432 shares in the last quarter. 58.46% of the stock is currently owned by hedge funds and other institutional investors.

NBT Bancorp Price Performance

Shares of NASDAQ NBTB opened at $46.09 on Thursday. The stock has a market cap of $2.40 billion, a PE ratio of 13.13 and a beta of 0.47. NBT Bancorp has a fifty-two week low of $39.19 and a fifty-two week high of $46.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a fifty day moving average of $44.13 and a 200-day moving average of $43.43.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The bank reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.01). The company had revenue of $184.48 million during the quarter, compared to analysts’ expectations of $185.36 million. NBT Bancorp had a net margin of 19.59% and a return on equity of 11.06%. Equities research analysts anticipate that NBT Bancorp will post 4.15 earnings per share for the current year.

NBT Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, June 1st. NBT Bancorp’s payout ratio is presently 42.17%.

About NBT Bancorp

(Get Free Report)

NBT Bancorp, Inc (NASDAQ: NBTB) is the bank holding company for NBT Bank, N.A., a full-service commercial bank that serves both individual and corporate clients across the Northeastern United States. Through its branch network and digital channels, the company offers a comprehensive range of commercial banking services, including business lending, treasury management, cash management and specialized industry financing. Its consumer banking platform provides checking and savings accounts, certificates of deposit, home mortgages, home equity lines of credit and other lending solutions tailored to meet personal and household financial needs.

In addition to traditional banking, NBT Bancorp delivers wealth management and fiduciary services through its trust division, offering investment advisory, trust administration, retirement planning and estate settlement.

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Analyst Recommendations for NBT Bancorp (NASDAQ:NBTB)

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