NASDAQ$NBTB
Nbt Bancorp Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
NBT Bancorp Inc. reported a net income of $33.7 million and diluted earnings per share of $0.78 for Q1 2023.
NBT Bancorp Inc. reported a net income of $33.7 million, or $0.78 per diluted common share, for the three months ended March 31, 2023. Excluding the impact of securities losses and acquisition expenses, the Company generated $0.88 per diluted share of earnings in the first quarter of 2023.
- Net income was $33.7 million.
- Diluted earnings per share was $0.78.
- Net interest income on a fully taxable equivalent basis was $95.5 million.
- Period end total loans of $8.26 billion at March 31, 2023, up $114.4 million, or 1.4%, from December 31, 2022
Headline financials
Revenue & EPS history
NBT · Revenue · Quarterly
$126M
Revenue by segment
NBT · $22.9M total across 5 segments · Q4 2022
- Retirement admin fees$10.7M—46.7%
- Card services income$4.96M—21.7%
- Deposit service fees$3.6M—15.7%
- Other income$2.22M—9.7%
- BOLI income$1.42M—6.2%
Forward guidance
The merger with Salisbury is expected to close late in the second quarter, subject to customary closing conditions, including receipt of required regulatory approvals
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+2.2%
Avg return
30 days after
48%
33 / 69 earnings
Positive
+9.7%
Q2 2024
Best reaction
-11.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.5% | -3.5% | +1.4% | |
| Q4 2025 | -1.3% | +1.2% | +1.2% | |
| Q3 2025 | +1.3% | -0.7% | +3.4% | |
| Q2 2025 | -2.2% | -1.4% | +0.5% | |
| Q1 2025 | +0.6% | -0.0% | -1.9% | |
| Q4 2024 | -5.4% | -2.2% | -3.2% | |
| Q3 2024 | +3.9% | +2.2% | +14.9% | |
| Q2 2024 | +9.7% | +10.2% | +2.4% | |
| Q1 2024 | +4.1% | +3.9% | +10.0% | |
| Q4 2023 | -7.0% | -9.3% | -15.9% | |
| Q3 2023 | +4.3% | +5.5% | +14.7% | |
| Q2 2023 | -1.1% | -1.9% | -9.9% | |
| Q1 2023 | -1.9% | -2.8% | +4.4% | |
| Q4 2022 | -11.5% | -11.0% | -5.2% | |
| Q3 2022 | -0.4% | +7.7% | +8.4% | |
| Q2 2022 | -0.1% | +2.9% | +1.3% | |
| Q1 2022 | +0.1% | -0.8% | +3.6% | |
| Q4 2021 | -4.9% | -3.8% | -4.3% | |
| Q3 2021 | -3.9% | -2.3% | +1.4% | |
| Q2 2021 | +1.9% | +5.7% | +9.9% | |
| Q1 2021 | -2.2% | -3.8% | -0.9% | |
| Q4 2020 | -4.9% | -4.8% | +3.9% | |
| Q3 2020 | -2.8% | -6.1% | +8.9% | |
| Q2 2020 | -0.6% | -0.3% | +2.8% | |
| Q1 2020 | +5.0% | +1.9% | +7.1% | |
| Q4 2019 | -2.5% | -4.2% | -6.1% | |
| Q3 2019 | +6.7% | +6.8% | +7.1% | |
| Q2 2019 | +0.4% | +3.8% | -4.0% | |
| Q1 2019 | +2.7% | +2.8% | +1.6% | |
| Q4 2018 | -0.2% | -0.8% | +7.3% | |
| Q3 2018 | -0.3% | -3.4% | +2.3% | |
| Q2 2018 | +2.8% | +3.0% | +3.3% | |
| Q1 2018 | +3.6% | +2.3% | +6.2% | |
| Q4 2017 | +1.8% | -0.8% | -2.7% | |
| Q3 2017 | +0.7% | +0.9% | -1.4% | |
| Q2 2017 | +1.3% | -1.7% | -9.4% | |
| Q1 2017 | +4.0% | +1.4% | -3.2% | |
| Q4 2016 | +2.2% | -0.3% | +1.1% | |
| Q3 2016 | +0.8% | +0.4% | +18.8% | |
| Q2 2016 | -0.6% | -0.4% | +6.3% | |
| Q1 2016 | +1.6% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | +3.6% | — | — | |
| Q1 2015 | +1.5% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | +5.0% | — | — | |
| Q2 2014 | +2.0% | — | — | |
| Q1 2014 | -0.9% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | +2.6% | — | — | |
| Q2 2013 | +1.3% | — | — | |
| Q1 2013 | -3.2% | — | — | |
| Q4 2012 | +0.7% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q3 2011 | -4.9% | — | — | |
| Q2 2011 | -1.4% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q4 2009 | -1.2% | — | — | |
| Q4 2008 | -1.2% | — | — | |
| Q3 2009 | +0.0% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q2 2009 | +0.9% | — | — |
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