Q2 Earnings Forecast for NBT Bancorp Issued By DA Davidson

NBT Bancorp Inc. (NASDAQ:NBTB) – Equities researchers at DA Davidson issued their Q2 2025 earnings per share 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 objective 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.

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

A number of other analysts have also weighed in on the stock. StockNews.com lowered shares of NBT Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 16th. Hovde Group initiated coverage on shares of NBT Bancorp in a report on Friday, March 21st. They set a “market perform” rating and a $50.00 price target on the stock. Finally, Stephens upgraded shares of NBT Bancorp from an “equal weight” rating to an “overweight” rating and set a $53.00 price objective for the company in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $52.75.

NBT Bancorp Price Performance

Shares of NASDAQ:NBTB opened at $42.34 on Wednesday. The business has a fifty day moving average price of $42.51 and a 200-day moving average price of $46.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of $2.00 billion, a PE ratio of 14.30 and a beta of 0.53. NBT Bancorp has a 1-year low of $34.47 and a 1-year high of $52.44.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. TD Private Client Wealth LLC grew its stake in shares of NBT Bancorp by 51.3% during the 1st quarter. TD Private Client Wealth LLC now owns 867 shares of the bank’s stock valued at $37,000 after purchasing an additional 294 shares during the period. GAMMA Investing LLC boosted its holdings in shares of NBT Bancorp by 66.5% in the fourth quarter. GAMMA Investing LLC now owns 1,295 shares of the bank’s stock worth $62,000 after buying an additional 517 shares during the last quarter. Sterling Capital Management LLC grew its position in NBT Bancorp by 817.7% during the fourth quarter. Sterling Capital Management LLC now owns 1,450 shares of the bank’s stock valued at $69,000 after buying an additional 1,292 shares during the period. Cloud Capital Management LLC purchased a new stake in NBT Bancorp during the first quarter valued at approximately $68,000. Finally, Rialto Wealth Management LLC bought a new position in NBT Bancorp in the fourth quarter worth approximately $87,000. Institutional investors own 58.46% of the company’s stock.

Insider Activity

In related news, Director Heidi M. Hoeller bought 678 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average price of $48.45 per share, for a total transaction of $32,849.10. Following the completion of the acquisition, the director now owns 6,437 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Also, EVP Sarah A. Halliday sold 5,000 shares of NBT Bancorp stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $48.45, for a total transaction 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.

About NBT Bancorp

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.