NBTB
NBT Bancorp Inc
NASDAQ: NBTB · FINANCIAL SERVICES · BANKS - REGIONAL
$45.59
+1.15% today
Updated 2026-05-08
Market cap
$2.35B
P/E ratio
12.73
P/S ratio
3.38x
EPS (TTM)
$3.54
Dividend yield
3.21%
52W range
$39 – $47
Volume
0.3M
NBT Bancorp Inc (NBTB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $337.47M | $365.82M | $366.12M | $353.52M | $336.59M | $317.68M | $324.16M | $369.32M | $378.46M | $384.91M | $399.20M | $425.13M | $464.80M | $507.40M | $491.26M | $494.75M | $537.00M | $662.35M | $785.99M | $867.43M |
| Revenue growth (YoY) | — | +8.4% | +0.1% | -3.4% | -4.8% | -5.6% | +2.0% | +13.9% | +2.5% | +1.7% | +3.7% | +6.5% | +9.3% | +9.2% | -3.2% | +0.7% | +8.5% | +23.3% | +18.7% | +10.4% |
| Cost of revenue | $134.40M | $171.18M | $135.55M | $110.32M | $83.02M | $60.46M | $55.46M | $53.07M | $42.74M | $38.90M | $47.94M | $56.90M | $67.45M | $81.39M | $83.74M | $10.53M | $39.03M | $169.84M | $231.16M | $241.70M |
| Gross profit | $203.07M | $194.63M | $230.57M | $243.21M | $253.57M | $257.22M | $268.70M | $316.25M | $335.72M | $346.00M | $351.26M | $368.23M | $397.35M | $426.01M | $407.52M | $484.22M | $497.97M | $492.50M | $554.83M | $625.73M |
| Gross margin | 60.2% | 53.2% | 63.0% | 68.8% | 75.3% | 81.0% | 82.9% | 85.6% | 88.7% | 89.9% | 88.0% | 86.6% | 85.5% | 84.0% | 83.0% | 97.9% | 92.7% | 74.4% | 70.6% | 72.1% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $62.88M | $76.04M | $91.01M | $113.07M | $118.25M | $121.82M | $128.57M | $140.46M | $147.73M | $153.73M | $159.83M | $163.34M | $180.19M | $183.71M | $164.62M | $175.62M | $191.03M | $200.51M | $239.25M | $83.33M |
| Operating income | $80.10M | $72.11M | $83.76M | $72.64M | $78.32M | $79.17M | $77.37M | $89.94M | $112.30M | $116.63M | $118.80M | $128.16M | $137.00M | $155.43M | $133.09M | $199.86M | $196.16M | $153.46M | $179.46M | $219.44M |
| Operating margin | 23.7% | 19.7% | 22.9% | 20.5% | 23.3% | 24.9% | 23.9% | 24.4% | 29.7% | 30.3% | 29.8% | 30.1% | 29.5% | 30.6% | 27.1% | 40.4% | 36.5% | 23.2% | 22.8% | 25.3% |
| EBITDA | $87.82M | $79.06M | $91.08M | $81.29M | $86.72M | $87.68M | $87.04M | $102.76M | $125.67M | $130.14M | $131.75M | $141.18M | $150.32M | $175.75M | $153.64M | $219.74M | $215.22M | $175.73M | $206.95M | $241.03M |
| EBITDA margin | 26.0% | 21.6% | 24.9% | 23.0% | 25.8% | 27.6% | 26.9% | 27.8% | 33.2% | 33.8% | 33.0% | 33.2% | 32.3% | 34.6% | 31.3% | 44.4% | 40.1% | 26.5% | 26.3% | 27.8% |
| EBIT | $80.10M | $72.11M | $83.76M | $72.64M | $78.32M | $79.17M | $77.37M | $89.94M | $112.30M | $116.63M | $118.80M | $128.16M | $137.00M | $155.43M | $133.09M | $199.86M | $196.16M | $153.46M | $179.46M | $219.44M |
| Interest expense | $125.01M | $141.09M | $108.37M | $76.92M | $53.21M | $39.72M | $35.19M | $30.64M | $23.20M | $20.62M | $22.51M | $25.91M | $38.63M | $55.98M | $32.60M | $18.79M | $21.88M | $144.57M | $211.55M | $209.45M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $55.95M | $50.33M | $58.35M | $52.01M | $57.40M | $57.90M | $54.56M | $61.75M | $75.07M | $76.42M | $78.41M | $82.15M | $112.57M | $121.02M | $104.39M | $154.88M | $152.00M | $118.78M | $140.64M | $169.24M |
| Net income growth (YoY) | — | -10.0% | +15.9% | -10.9% | +10.4% | +0.9% | -5.8% | +13.2% | +21.6% | +1.8% | +2.6% | +4.8% | +37.0% | +7.5% | -13.7% | +48.4% | -1.9% | -21.9% | +18.4% | +20.3% |
| Profit margin | 16.6% | 13.8% | 15.9% | 14.7% | 17.1% | 18.2% | 16.8% | 16.7% | 19.8% | 19.9% | 19.6% | 19.3% | 24.2% | 23.9% | 21.2% | 31.3% | 28.3% | 17.9% | 17.9% | 19.5% |