NBT Bancorp Inc. (NASDAQ:NBTB) is expected to report second quarter earnings results, after market close, on Monday 27th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.46 per share.
Looking ahead, the full year income are expected at $ 1.76 per share on the revenues of $ 460.76 million.
Previous Quarter Performance
NBT Bancorp Inc. disclosed income for the first quarter of $ 0.23 per share, from the revenue of $ 112.60 million. The quarterly earnings enlarged 64.29 percent compared with the same quarter last year. The consensus estimates are income of $ 0.52 per share from $ 111.65 million in revenue. The bottom line results missed street analysts by $ 0.29 or 55.77 percent, at the same time, top line results outshined analysts by $ 0.95 million or 0.85 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NBTB was $ 29.89, representing a 13.56 % increase from the 52 week low of $ 26.32 and a 27.98 % decrease over the 52 week high of $ 41.50.
The company has a market capital of $ 1.30 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Analyst recommendations
- On 1st June 2020, initiated by Stephens at Equal-Weight rating.
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 companys loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, direct loans, mortgages, business banking loans, and commercial loans; and residential real estate loans, as well as development loans.
