3 days Ago By ABMN Staff
NBT Bancorp ( NASDAQ:NBTB – Get Free Report ) is expected to announce its earnings results after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $151.
00 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link . NBT Bancorp ( NASDAQ:NBTB – Get Free Report ) last announced its quarterly earnings data on Monday, January 27th.
The bank reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.
01). NBT Bancorp had a net margin of 17.84% and a return on equity of 9.
39%. During the same period in the prior year, the company posted $0.72 earnings per share.
On average, analysts expect NBT Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year. NBT Bancorp Stock Up 0.0 % Shares of NBTB opened at $39.
58 on Thursday. The firm has a fifty day moving average price of $43.81 and a 200-day moving average price of $46.
26. The company has a current ratio of 0.87, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1.
87 billion, a P/E ratio of 13.37 and a beta of 0.53.
NBT Bancorp has a 12-month low of $33.00 and a 12-month high of $52.44.
NBT Bancorp Dividend Announcement Insider Buying and Selling at NBT Bancorp In other news, Director Heidi M. Hoeller purchased 678 shares of the business’s stock in a transaction on Friday, February 7th. The shares were acquired at an average cost of $48.
45 per share, with a total value 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 ownership of the stock.
The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, EVP Sarah A. Halliday sold 5,000 shares of the company’s stock in a transaction on Monday, February 10th.
The stock was sold at an average price of $48.45, for a total value of $242,250.00.
Following the transaction, the executive vice president now directly owns 25,564 shares in the company, valued at approximately $1,238,575.80. The trade was a 16.
36 % decrease in their ownership of the stock. The disclosure for this sale can be found here . 3.
32% of the stock is owned by insiders. Wall Street Analyst Weigh In NBTB has been the topic of several research reports. StockNews.
com lowered NBT Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 16th. Stephens upgraded shares of NBT Bancorp from an “equal weight” rating to an “overweight” rating and set a $53.00 price target for the company in a report on Wednesday, January 29th.
Finally, Hovde Group started coverage on shares of NBT Bancorp in a research report on Friday, March 21st. They issued a “market perform” rating and a $50.00 price target for the company.
One research analyst has rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $54.
50. Check Out Our Latest Report on NBT Bancorp NBT Bancorp Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for NBT Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NBT Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
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