For Q3 FY2018 (ended September 30, 2018), NBT Bancorp reported revenue of $31.68 million, up 7.4% year-over-year. Net income was $51.14 million, a 39.2% increase, with diluted EPS of $0.98, up 27.3%.
•Revenue of $31.68M, +7.4% YoY
•Net income of $51.14M, +39.2% YoY
•Diluted EPS of $0.98, +27.3% YoY
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
NBT Bancorp Inc., a financial holding company provides personal and commercial banking, retail banking, and wealth management services in the United States. Its business is organized into Banking, Retirement Plan Administration, and All Other segments. The company offers demand deposit, savings, interest-bearing checking, money market deposit, and certificate of deposit accounts
Indirect and direct consumer loans, home equity loans and lines of credit, residential mortgages, business banking loans, commercial and industrial loans, agricultural loans, commercial construction loans, commercial real estate loans, indirect auto loans, and consumer loans
Agricultural lending, personal lines of credit, overdraft protection, and second mortgage loans, as well as trust and investment services. Its portfolio also includes financial planning and life insurance services, and retirement plan and health savings account recordkeeping and administration, and actuarial services.
Additionally, it offers insurance products, such as personal property and casualty, business liability, and commercial insurance Products and services through a network of ATM locations and 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services.
It also operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company serves retail, commercial, and municipal customers.
It operates in upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. Founded in 1856, NBT Bancorp is headquartered in Norwich, New York.
NBT Bancorp Inc. is a financial holding company that provides a range of banking and financial services across the United States. Its operations are organized into three segments: Banking, Retirement Plan Administration, and All Other. The Banking segment offers personal and commercial banking services, including demand deposit, savings, interest-bearing checking, money market deposit, and certificate of deposit accounts. It also provides various loan products such as indirect and direct consumer loans, home equity loans, residential mortgages, business banking loans, commercial and industrial loans, agricultural loans, and commercial real estate loans. Additionally, the company offers trust and investment services, financial planning, life insurance, and retirement plan recordkeeping. Through its network of ATMs and online, mobile, and telephone channels, customers can manage accounts, make deposits, transfer funds, pay bills, and apply for loans.
Where is NBT Bancorp Inc. (NBTB) listed and in which currency?
NBT Bancorp Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol NBTB. Its shares are traded in US Dollars (USD), reflecting its primary operations in the United States. The company is headquartered in the United States and its financial reporting is conducted in USD, which is the standard currency for companies listed on US exchanges.
What sector and industry does NBT Bancorp Inc. (NBTB) belong to?
NBT Bancorp Inc. operates in the Financial Services sector and is specifically classified under the Banks - Regional industry. This means it is a regional bank that provides a variety of financial services to individuals and businesses within specific geographic areas in the United States. As a regional bank, it focuses on community-oriented banking, offering products such as deposit accounts, loans, and wealth management services tailored to local markets.
What products and services does NBT Bancorp Inc. (NBTB) offer?
NBT Bancorp Inc. offers a comprehensive suite of financial products and services. Its deposit products include demand deposit accounts, savings accounts, interest-bearing checking accounts, money market deposit accounts, and certificates of deposit. On the lending side, it provides indirect and direct consumer loans, home equity loans and lines of credit, residential mortgages, business banking loans, commercial and industrial loans, agricultural loans, commercial construction loans, commercial real estate loans, indirect auto loans, and personal lines of credit. The company also offers trust and investment services, financial planning, life insurance, and retirement plan administration, including health savings account recordkeeping and actuarial services. Additionally, it sells insurance products such as personal property and casualty, business liability, and commercial insurance. Customers can access these services through a network of ATMs and 24-hour online, mobile, and telephone banking channels.
How does NBT Bancorp Inc. (NBTB) generate revenue?
NBT Bancorp Inc. generates revenue primarily through its Banking segment, which earns interest income from loans and investments, as well as non-interest income from fees and service charges. The company's loan portfolio includes a diverse mix of consumer, commercial, agricultural, and real estate loans. Additionally, it earns fee income from trust and investment services, financial planning, and insurance products. The Retirement Plan Administration segment contributes revenue through recordkeeping and administrative services for retirement plans and health savings accounts. The company also generates income from its property management and passive investment activities, as well as investment advisory services. Overall, NBTB's revenue streams are diversified across traditional banking activities, wealth management, and insurance, providing a stable income base.