NBT Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

NBT Bancorp

27/01/2025 22:51

* NBT Bancorp Inc  NBTB.OQ  reported quarterly adjusted
earnings
of 76 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 72 cents.  The mean expectation of five analysts
for the quarter was for earnings of 77 cents per share. Wall
Street expected results to range from 74 cents to 79 cents per
share.
    * Revenue fell 10.9% to $118.13 million from a year ago;
analysts
expected $146.93 million. 
    * NBT Bancorp Inc's reported EPS for the quarter was 76
cents​.
    * The company reported quarterly net income of $36.01
million.
    * NBT Bancorp Inc shares had risen by 0.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for NBT Bancorp Inc
is $54.50 
This summary was machine generated from LSEG data January 27 at
10:51 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.77           0.76           Missed
 Sep. 30 2024      0.78           0.80           Beat
 Jun. 30 2024      0.69           0.69           Met
 Mar. 31 2024      0.68           0.68           Met