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NBTB NBT Bancorp.

NBT Bank, N.A. is an American financial institution that operates through a network of more than 150 banking locations serving north-eastern states including offices in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. NBT Bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, New York, United States. NBT Bancorp is traded on the Nasdaq Global Select Market under the symbol NBTB. Founded in 1856, NBT Bank was first a state-chartered bank called the Bank of Norwich. On June 28, 1865, the bank received a national charter and changed its name to the National Bank of Norwich. In 1918, NBT Bank was one of the first national banks in New York State to apply for and receive trust powers under a Federal Reserve Act and established a Trust Department. In 1925, NBT Bank changed its name a second time to better reflect its expanded services. Over the years, the area served by NBT Bank expanded and in 1989 the bank changed its name for the third time to The National Bank and Trust Company without "of Norwich." In 1995, the bank changed its name for the fourth time to NBT Bank, N.A. At the same time, NBT Bank introduced its current logo featuring a blue star and red lettering.

Company profile

Ticker
NBTB
Exchange
CEO
John H. Watt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
161268674

NBTB stock data

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Calendar

1 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
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Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
25 Mar 21 Kowalczyk Andrew S III Phantom Stock NBT Bancorp Inc. Common Stock Grant Aquire A No No 40.4279 33 1.33K 2,228
22 Mar 21 Brenner Timothy NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 3,830 0 69,690
22 Mar 21 Brenner Timothy NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 2,881 0 65,860
22 Mar 21 Halliday Sarah A NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 2,765 0 19,240
22 Mar 21 Halliday Sarah A NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 2,568 0 16,475
22 Mar 21 Hyle Shaunastar NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 2,316 0 13,827
22 Mar 21 Hyle Shaunastar NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 1,786 0 11,511
22 Mar 21 Kelley Angela M NBT Bancorp Inc. Common Stock Grant Aquire A No No 0 1,791 0 5,651

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

55.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 164 146 +12.3%
Opened positions 34 11 +209.1%
Closed positions 16 26 -38.5%
Increased positions 42 45 -6.7%
Reduced positions 53 49 +8.2%
13F shares
Current Prev Q Change
Total value 1.9B 2.53B -25.2%
Total shares 24.2M 23.58M +2.6%
Total puts 0 0
Total calls 12.1K 21.3K -43.2%
Total put/call ratio
Largest owners
Shares Value Change
BLK Blackrock 6.24M $200.32M -0.3%
Vanguard 4.48M $143.81M +2.6%
Dimensional Fund Advisors 1.96M $63.02M -1.4%
STT State Street 1.49M $47.86M +1.5%
NTRS Northern Trust 1.06M $34.17M -2.0%
MCQEF Macquarie 935.9K $30.04M -2.2%
Geode Capital Management 674.84K $21.66M +11.0%
BK Bank Of New York Mellon 611.28K $19.62M -0.8%
IVZ Invesco 474.77K $15.24M -2.4%
Charles Schwab Investment Management 368.93K $11.84M +2.3%
Largest transactions
Shares Bought/sold Change
Norges Bank 303.79K +303.79K NEW
JPM JPMorgan Chase & Co. 203.5K +174.96K +613.0%
DB Deutsche Bank AG - Registered Shares 167.49K +142.78K +578.0%
Renaissance Technologies 111.61K -128.19K -53.5%
NBT Bank N A 252.88K -127.07K -33.4%
Manufacturers Life Insurance Company, The 141.6K +117.01K +475.9%
Vanguard 4.48M +114.31K +2.6%
First Trust Advisors 60.8K -112.49K -64.9%
GS Goldman Sachs 47.58K -104.85K -68.8%
Mendon Capital Advisors 80K +80K NEW

Financial report summary

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Risks
  • Risks Related to our Business and Industry
  • Deterioration in local economic conditions may negatively impact our financial performance.
  • Variations in interest rates could adversely affect our results of operations and financial condition.
  • Our lending, and particularly our emphasis on commercial lending, exposes us to the risk of losses upon borrower default.
  • Our allowance for loan losses may not be sufficient to cover actual loan losses, which could have a material adverse effect on our business, financial condition and results of operations.
  • Strong competition within our industry and market area could adversely affect our performance and slow our growth.
  • The Company is subject to liquidity risk, which could adversely affect net interest income and earnings.
  • Our ability to service our debt, pay dividends and otherwise pay our obligations as they come due is substantially dependent on capital distributions from our subsidiaries.
  • A reduction in the Company’s credit rating could adversely affect our business and/or the holders of our securities.
  • The Company relies on third parties to provide key components of its business infrastructure.
  • The possibility of the economy’s return to recessionary conditions and the possibility of further turmoil or volatility in the financial markets would likely have an adverse effect on our business, financial position and results of operations.
  • We are subject to other-than-temporary impairment risk, which could negatively impact our financial performance.
  • There are substantial risks and uncertainties associated with the introduction or expansion of lines of business or new products and services within existing lines of business.
  • Risks Related to Legal, Governmental and Regulatory Changes
  • We are subject to extensive government regulation and supervision, which may interfere with our ability to conduct our business and may negatively impact our financial results.
  • We are subject to heightened regulatory requirements because we now exceed $10 billion in total consolidated assets.
  • Replacement of the LIBOR benchmark interest rate could adversely affect our business, financial condition, and results of operations.
  • Our controls and procedures may fail or be circumvented, which may result in a material adverse effect on our business.
  • We may be held responsible for environmental liabilities with respect to properties to which we obtain title, resulting in significant financial loss.
  • We may be adversely affected by the soundness of other financial institutions including the FHLB of New York.
  • Provisions of our certificate of incorporation and bylaws, as well as Delaware law and certain banking laws, could delay or prevent a takeover of us by a third party.
  • Risks Related to Cybersecurity and Data Privacy
  • The Company faces operational risks and cybersecurity risks associated with incidents which have the potential to disrupt our operations, cause material harm to our financial condition, result in misappropriation of assets, compromise confidential information and/or damage our business relationships and cannot guarantee that the steps we and our service providers take in response to these risks will be effective.
  • The Company may be adversely affected by fraud.
  • We continually encounter technological change and the failure to understand and adapt to these changes could have a material adverse impact our business.
  • Risks Related to an Investment in the Company’s Securities
  • The Company’s common stock price may fluctuate significantly.
  • There may be future sales or other dilution of the Company’s equity, which may adversely affect the market price of the Company’s stock.
  • The risks presented by acquisitions could adversely affect our financial condition and results of operations.
  • We rely on our management and other key personnel, and the loss of any of them may adversely affect our operations.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
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Readability
H.S. sophomore Bad
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