NBT Bancorp Inc. (NASDAQ:NBTB) to Issue Dividend Increase – $0.40 Per Share

Posted by Francis Steltz on Jul 28th, 2026

NBT Bancorp Inc. (NASDAQ:NBTB – Get Free Report) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.40 per share by the bank on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 8.1% increase from NBT Bancorp’s previous quarterly dividend of $0.37.

NBT Bancorp has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 12 years. NBT Bancorp has a dividend payout ratio of 35.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect NBT Bancorp to earn $4.45 per share next year, which means the company should continue to be able to cover its $1.48 annual dividend with an expected future payout ratio of 33.3%.

NBT Bancorp Price Performance

NASDAQ NBTB opened at $52.52 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.87 and a quick ratio of 0.87. The stock’s fifty day moving average price is $48.51 and its 200 day moving average price is $45.50. NBT Bancorp has a 1 year low of $39.19 and a 1 year high of $53.33. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 14.96 and a beta of 0.48.

NBT Bancorp (NASDAQ:NBTB – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The bank reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.01). The firm had revenue of $186.69 million for the quarter, compared to analyst estimates of $188.81 million. NBT Bancorp had a return on equity of 11.06% and a net margin of 19.59%. As a group, equities research analysts forecast that NBT Bancorp will post 4.14 earnings per share for the current year.

Insider Transactions at NBT Bancorp

In related news, EVP Ruth H. Mahoney sold 5,000 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $46.60, for a total value of $233,000.00. Following the completion of the transaction, the executive vice president owned 16,428 shares of the company’s stock, valued at approximately $765,544.80. This represents a 23.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Heidi M. Hoeller sold 2,100 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $48.03, for a total value of $100,863.00. Following the transaction, the director directly owned 11,560 shares of the company’s stock, valued at approximately $555,226.80. The trade was a 15.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.99% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in shares of NBT Bancorp by 1,645.9% in the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the bank’s stock valued at $27,000 after buying an additional 609 shares during the last quarter. Larson Financial Group LLC raised its position in shares of NBT Bancorp by 13,316.7% during the 3rd quarter. Larson Financial Group LLC now owns 805 shares of the bank’s stock valued at $34,000 after buying an additional 799 shares during the period. Bessemer Group Inc. raised its holdings in NBT Bancorp by 63.8% in the 1st quarter. Bessemer Group Inc. now owns 832 shares of the bank’s stock valued at $35,000 after buying an additional 324 shares during the period. Western Wealth Management LLC purchased a new stake in NBT Bancorp in the first quarter valued at approximately $37,000. Finally, Global Retirement Partners LLC boosted its position in shares of NBT Bancorp by 62.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,037 shares of the bank’s stock worth $43,000 after buying an additional 399 shares during the period. 58.46% of the stock is owned by institutional investors and hedge funds.

NBT Bancorp Company Profile

(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.