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

NBT Bancorp

26/04/2022 05:24

* NBT Bancorp Inc  NBTB.OQ  reported quarterly adjusted
earnings
of 90 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
77 cents per share.
    * Revenue rose 6% to $123.01 million from a year ago; 
analysts
expected $121.40 million. 
    * NBT Bancorp Inc's reported EPS for the quarter was 90
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * NBT Bancorp Inc shares had fallen by 1.8% this quarter and
lost 7.9% so far this year.
    * The company reported quarterly net income of $39.13
million.
    * Wall Street's median 12-month price target for NBT Bancorp
Inc
is $42.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 04:24 a.m.  ​All
figures in US dollars unless otherwise stated