NASDAQ$NBTB
Nbt Bancorp Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported net income of $39.0 million, or $0.90 per diluted common share.
NBT Bancorp Inc. reported a strong third quarter with net income of $39.0 million, or $0.90 per diluted common share. The results reflect solid organic loan growth and disciplined cost of funds management, benefiting from an asset-sensitive balance sheet and excellent asset quality.
- Net income was $39.0 million.
- Diluted earnings per share were $0.90.
- Net interest margin increased to 3.51%.
- Period end total loans were $7.90 billion, up 9.1% annualized, excluding PPP loans impact.
Headline financials
Revenue & EPS history
NBT · Revenue · Quarterly
$132M
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 Board of Directors approved a fourth-quarter cash dividend of $0.30 per share, an increase of $0.02, or 7.1%, from the amount paid in the fourth quarter of 2021. 2022 is the tenth consecutive year of dividend increases by the Company. The dividend will be paid on December 15, 2022, to stockholders of record as of December 1, 2022.
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 Q3 2022
+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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