NBT Bancorp Inc reports results for the quarter ended in June - Earnings Summary

NBT Bancorp

25/07/2022 23:15

* NBT Bancorp Inc  NBTB.OQ  reported quarterly adjusted
earnings
of 88 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
84 cents per share.
    * Revenue rose 9.1% to $129.24 million from a year ago;
analysts
expected $124.51 million. 
    * NBT Bancorp Inc's reported EPS for the quarter was 88
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * NBT Bancorp Inc shares had risen by 4.8% this quarter and
gained 2.3% so far this year.
    * The company reported quarterly net income of $37.78
million.
    * Wall Street's median 12-month price target for NBT Bancorp
Inc
is $42.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 25
at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.84           0.88           Beat
 Mar. 31 2022      0.77           0.90           Beat
 Dec. 31 2021      0.85           0.86           Beat
 Sep. 30 2021      0.81           0.86           Beat