Nbt Bancorp Inc - Understand $nbtb stock

$NBTB Market Cap: $2.359 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$453.9M

TTM

Gross Margin

Net Earnings

$135.1M

TTM

Current Assets

Current Liabilities

$205.0M

Q3 2024

Current Ratio

Total Assets

$13.84B

Q3 2024

Total Liabilities

$12.32B

Q3 2024

Book Value

$1.522B

Q3 2024

Cash

$482.5M

Q3 2024

P/E

17.46

Nov 29, 2024 EST

Free Cash Flow

$164.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Revenue	$144.7M	$150.7M	$339.9M	$348.3M	$367.5M	$344.3M	$309.4M
YoY Change	-3.93%	-55.67%	-2.41%	-5.24%	6.76%	11.26%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$144.7M	$150.7M	$339.9M	$348.3M	$367.5M	$344.3M	$309.4M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$38.16M	$35.71M	$16.99M	$16.53M	$18.32M	$17.65M	$17.07M
YoY Change	6.86%	110.21%	2.8%	-9.78%	3.77%	3.42%
% of Gross Profit
Depreciation & Amortization	$15.43M	$12.42M	$12.70M	$13.20M	$13.10M	$13.30M	$13.10M	$12.90M	$13.50M	$13.30M	$12.80M	$9.700M	$8.500M	$8.400M	$8.600M	$7.300M	$6.900M	$7.700M	$6.800M	$6.400M	$7.100M	$7.400M	$10.40M	$9.600M	$8.100M	$5.500M	$2.900M	$3.100M	$2.600M	$5.200M	$7.700M	$7.100M	$4.900M	$3.400M	$1.800M	$2.100M
YoY Change	24.25%	-2.22%	-3.79%	0.76%	-1.5%	1.53%	1.55%	-4.44%	1.5%	3.91%	31.96%	14.12%	1.19%	-2.33%	17.81%	5.8%	-10.39%	13.24%	6.25%	-9.86%	-4.05%	-28.85%	8.33%	18.52%	47.27%	89.66%	-6.45%	19.23%	-50.0%	-32.47%	8.45%	44.9%	44.12%	88.89%	-14.29%
% of Gross Profit
Operating Expenses	$38.16M	$35.71M	$16.99M	$16.53M	$18.32M	$17.65M	$17.07M
YoY Change	6.86%	110.21%	2.8%	-9.78%	3.77%	3.42%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$144.6M	$21.88M	$18.79M	$32.60M	$55.98M	$38.63M	$25.91M
YoY Change	560.74%	16.46%	-42.38%	-41.76%	44.93%	49.05%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Pretax Income	$153.5M	$196.2M	$199.9M	$133.1M	$155.4M	$137.0M	$128.2M	$118.8M	$116.6M	$112.3M	$89.90M	$77.40M	$79.20M	$78.30M	$72.60M	$83.80M	$72.10M	$80.10M	$75.90M	$72.00M	$68.60M	$66.80M	$4.300M	$20.70M	$48.60M	$34.00M	$23.10M	$19.30M	$15.10M	$10.00M	$13.90M	$13.60M	$10.30M	$11.00M	$12.00M	$9.800M
YoY Change	-21.77%	-1.85%	50.17%	-14.38%	13.45%	6.9%	7.88%	1.89%	3.83%	24.92%	16.15%	-2.27%	1.15%	7.85%	-13.37%	16.23%	-9.99%	5.53%	5.42%	4.96%	2.69%	1453.49%	-79.23%	-57.41%	42.94%	47.19%	19.69%	27.81%	51.0%	-28.06%	2.21%	32.04%	-6.36%	-8.33%	22.45%
Income Tax	$34.68M	$44.16M	$44.97M	$28.70M	$34.41M	$24.44M	$46.01M	$40.40M	$40.20M	$37.20M	$28.20M	$22.80M	$21.30M	$20.90M	$20.60M	$25.40M	$21.80M	$24.20M	$23.50M	$21.90M	$21.50M	$21.80M	$500.0K	$6.500M	$16.00M	$7.100M	$8.300M	$7.100M	$5.800M	$3.500M	$5.400M	$5.500M	$3.100M	$3.500M	$3.900M	$2.700M
% Of Pretax Income	22.6%	22.51%	22.5%	21.56%	22.14%	17.84%	35.9%	34.01%	34.48%	33.13%	31.37%	29.46%	26.89%	26.69%	28.37%	30.31%	30.24%	30.21%	30.96%	30.42%	31.34%	32.63%	11.63%	31.4%	32.92%	20.88%	35.93%	36.79%	38.41%	35.0%	38.85%	40.44%	30.1%	31.82%	32.5%	27.55%
Net Earnings	$118.8M	$152.0M	$154.9M	$104.4M	$121.0M	$112.6M	$82.15M	$78.40M	$76.40M	$75.10M	$61.70M	$54.60M	$57.90M	$57.40M	$52.00M	$58.40M	$50.30M	$55.90M	$52.40M	$50.00M	$47.10M	$45.00M	$3.700M	$14.20M	$32.60M	$26.90M	$14.70M	$12.20M	$9.300M	$6.500M	$8.500M	$8.000M	$7.200M	$7.500M	$8.000M	$7.000M
YoY Change	-21.85%	-1.87%	48.37%	-13.74%	7.51%	37.02%	4.78%	2.62%	1.73%	21.72%	13.0%	-5.7%	0.87%	10.38%	-10.96%	16.1%	-10.02%	6.68%	4.8%	6.16%	4.67%	1116.22%	-73.94%	-56.44%	21.19%	82.99%	20.49%	31.18%	43.08%	-23.53%	6.25%	11.11%	-4.0%	-6.25%	14.29%
Net Earnings / Revenue	82.06%	100.88%	45.57%	29.97%	32.93%	32.7%	26.55%
Basic Earnings Per Share	$2.67	$3.54	$3.57	$2.39	$2.76	$2.58	$1.89
Diluted Earnings Per Share	$2.65	$3.520M	$3.54	$2.37	$2.74	$2.56	$1.87	$1.798M	$1.721M	$1.691M	$1.455M	$1.620M	$1.708M	$1.664M	$1.534M	$1.802M	$1.506M	$1.635M	$1.602M	$1.511M	$1.436M	$1.355M	$111.8K	$438.3K	$1.003M	$1.135M	$1.105M	$931.3K	$683.8K	$471.0K	$620.4K	$592.6K	$541.4K	$568.2K	$666.7K	$619.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$80.68M	$69.05M	$95.00M	$101.0M	$110.0M	$79.00M	$81.00M	$84.00M	$89.00M	$89.00M	$88.00M	$78.00M	$75.00M	$67.00M	$66.00M	$65.00M	$64.00M	$67.00M	$64.00M	$64.00M	$62.00M	$61.00M	$63.00M	$56.00M	$47.00M	$20.00M	$19.00M	$16.00M	$16.00M	$15.00M	$16.00M	$16.00M	$17.00M	$17.00M	$18.00M	$9.000M
YoY Change	16.84%	-27.32%	-5.94%	-8.18%	39.24%	-2.47%	-3.57%	-5.62%	0.0%	1.14%	12.82%	4.0%	11.94%	1.52%	1.54%	1.56%	-4.48%	4.69%	0.0%	3.23%	1.64%	-3.17%	12.5%	19.15%	135.0%	5.26%	18.75%	0.0%	6.67%	-6.25%	0.0%	-5.88%	0.0%	-5.56%	100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$13.31B	$11.74B	$12.01B	$10.93B	$9.716B	$9.556B	$9.137B	$8.867B	$8.263B	$7.798B	$7.652B	$6.042B	$5.598B	$5.339B	$5.464B	$5.336B	$5.202B	$5.088B	$4.427B	$4.212B	$4.047B	$3.724B	$3.638B	$3.606B	$2.381B	$1.290B	$1.281B	$1.139B	$1.106B	$1.045B	$954.0M	$869.0M	$839.0M	$850.0M	$839.0M	$449.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$28.20M	$25.60M	$28.00M	$33.00M	$37.00M
YoY Change	10.16%	-8.57%	-15.15%	-10.81%
Deferred Revenue
YoY Change
Short-Term Debt	$386.7M	$585.0M	$98.00M	$168.0M	$655.0M	$872.0M	$719.0M	$682.0M	$442.0M	$317.0M	$456.0M	$163.0M	$182.0M	$159.0M	$156.0M	$206.0M	$368.0M	$345.0M	$445.0M	$339.0M	$303.0M	$106.0M	$122.0M	$185.0M	$142.0M	$97.00M	$135.0M	$88.00M	$116.0M	$141.0M	$27.00M	$16.00M	$16.00M	$7.000M	$7.000M	$1.000M
YoY Change	-33.91%	496.95%	-41.67%	-74.35%	-24.89%	21.28%	5.43%	54.3%	39.43%	-30.48%	179.75%	-10.44%	14.47%	1.92%	-24.27%	-44.02%	6.67%	-22.47%	31.27%	11.88%	185.85%	-13.11%	-34.05%	30.28%	46.39%	-28.15%	53.41%	-24.14%	-17.73%	422.22%	68.75%	0.0%	128.57%	0.0%	600.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$386.7M	$25.60M	$28.00M	$33.00M	$37.00M	$872.0M	$719.0M	$682.0M	$442.0M	$317.0M	$456.0M	$163.0M	$182.0M	$159.0M	$156.0M	$206.0M	$368.0M	$345.0M	$445.0M	$339.0M	$303.0M	$106.0M	$122.0M	$185.0M	$142.0M	$97.00M	$135.0M	$88.00M	$116.0M	$141.0M	$27.00M	$16.00M	$16.00M	$7.000M	$7.000M	$1.000M
YoY Change	1410.36%	-8.57%	-15.15%	-10.81%	-95.76%	21.28%	5.43%	54.3%	39.43%	-30.48%	179.75%	-10.44%	14.47%	1.92%	-24.27%	-44.02%	6.67%	-22.47%	31.27%	11.88%	185.85%	-13.11%	-34.05%	30.28%	46.39%	-28.15%	53.41%	-24.14%	-17.73%	422.22%	68.75%	0.0%	128.57%	0.0%	600.0%
Long-Term Debt	$250.7M	$202.9M	$214.0M	$238.0M	$165.0M	$175.0M	$190.0M	$205.0M	$232.0M	$232.0M	$410.0M	$75.00M	$75.00M	$75.00M	$75.00M	$75.00M	$75.00M	$75.00M	$24.00M	$19.00M	$17.00M	$17.00M	$17.00M	$17.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	23.55%	-5.17%	-10.08%	44.24%	-5.71%	-7.89%	-7.32%	-11.64%	0.0%	-43.41%	446.67%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	212.5%	26.32%	11.76%	0.0%	0.0%	0.0%
Other Long-Term Liabilities	$277.0M	$281.9M	$188.0M	$224.0M	$150.0M	$124.0M	$99.00M	$93.00M	$102.0M	$85.00M	$79.00M	$70.00M	$66.00M	$66.00M	$80.00M	$67.00M	$64.00M	$49.00M	$49.00M	$54.00M	$46.00M	$41.00M	$45.00M	$50.00M	$18.00M	$8.000M	$8.000M	$8.000M	$6.000M	$5.000M	$4.000M	$7.000M	$7.000M	$7.000M	$9.000M	$4.000M
YoY Change	-1.74%	49.93%	-16.07%	49.33%	20.97%	25.25%	6.45%	-8.82%	20.0%	7.59%	12.86%	6.06%	0.0%	-17.5%	19.4%	4.69%	30.61%	0.0%	-9.26%	17.39%	12.2%	-8.89%	-10.0%	177.78%	125.0%	0.0%	0.0%	33.33%	20.0%	25.0%	-42.86%	0.0%	0.0%	-22.22%	125.0%
Total Long-Term Liabilities	$527.7M	$484.8M	$402.0M	$462.0M	$315.0M	$299.0M	$289.0M	$298.0M	$334.0M	$317.0M	$489.0M	$145.0M	$141.0M	$141.0M	$155.0M	$142.0M	$139.0M	$124.0M	$73.00M	$73.00M	$63.00M	$58.00M	$62.00M	$67.00M	$18.00M	$8.000M	$8.000M	$8.000M	$6.000M	$5.000M	$4.000M	$7.000M	$7.000M	$7.000M	$9.000M	$4.000M
YoY Change	8.85%	20.6%	-12.99%	46.67%	5.35%	3.46%	-3.02%	-10.78%	5.36%	-35.17%	237.24%	2.84%	0.0%	-9.03%	9.15%	2.16%	12.1%	69.86%	0.0%	15.87%	8.62%	-6.45%	-7.46%	272.22%	125.0%	0.0%	0.0%	33.33%	20.0%	25.0%	-42.86%	0.0%	0.0%	-22.22%	125.0%
Total Liabilities	$11.88B	$10.57B	$10.76B	$9.745B	$8.596B	$8.538B	$8.179B	$7.954B	$7.381B	$6.934B	$6.836B	$5.460B	$5.060B	$4.805B	$4.959B	$4.904B	$4.804B	$4.684B	$4.093B	$3.880B	$3.737B	$3.431B	$3.372B	$3.336B	$2.189B	$1.159B	$1.157B	$1.033B	$998.0M	$946.0M	$853.0M	$775.0M	$751.0M	$768.0M	$762.0M	$402.0M
YoY Change	12.47%	-1.82%	10.44%	13.37%	0.68%	4.39%	2.83%	7.76%	6.45%	1.43%	25.2%	7.91%	5.31%	-3.11%	1.12%	2.08%	2.56%	14.44%	5.49%	3.83%	8.92%	1.75%	1.08%	52.4%	88.87%	0.17%	12.0%	3.51%	5.5%	10.9%	10.06%	3.2%	-2.21%	0.79%	89.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	44.53M	42.92M	43.42M	43.69M	43.82M	43.70M	43.58K
Diluted Shares Outstanding	44.77M	43.18M	43.72M	43.99M	44.12M	44.02M	43.91K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.3591 Billion

About NBT BANCORP INC

NBT Bancorp, Inc. is a holding company, which engages in the provision of financial solutions. The company is headquartered in Norwich, New York and currently employs 2,034 full-time employees. The firm primarily operates through NBT Bank, N.A. (the Bank), a full-service community bank, and through two financial services companies. The Bank provides a range of financial products to individuals, corporations and municipalities throughout upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine and central and northwestern Connecticut. Through its network of branch locations, the Bank offers a range of products and services tailored to individuals, businesses and municipalities. Deposit products offered by the Bank include demand deposit accounts, savings accounts, negotiable order of withdrawal (NOW) accounts, and certificate of deposit (CD) accounts. The company operates EPIC Advisors, Inc., which is a national benefits administration firm. The company operates NBT Insurance Agency, LLC, which is a full-service insurance agency. The Bank has approximately 153 branch locations.

Industry: National Commercial Banks Peers: Hilltop Holdings Inc. HOPE BANCORP INC ENTERPRISE FINANCIAL SERVICES CORP Northwest Bancshares, Inc. PNC FINANCIAL SERVICES GROUP, INC. SANDY SPRING BANCORP INC TRICO BANCSHARES / WESTAMERICA BANCORPORATION