NBT Bancorp (NBTB) Releases Earnings Results, Reports EPS of $0.43 EPS

NBT Bancorp (NBTB) reported quarterly earnings results on Monday, Apr-25-2016. The company reported $0.43 EPS for the quarter. Analysts had a consensus estimate of $0.43. Analysts expectations of $93.78 million. During the same quarter in the previous year, the company posted $0.41 EPS.

NBT Bancorp opened for trading at $27.84 and hit $28.3 on the upside on Friday, eventually ending the session at $28.16, with a gain of 1.29% or 0.36 points. The heightened volatility saw the trading volume jump to 90,674 shares. Company has a market cap of $1,214 M.

In a different news, on Jan 19, 2016, Michael J Chewens (Sr EVP & CFO) sold 1,969 shares at $24.96 per share price. According to the SEC, on Jan 19, 2016, David E Raven (President of Retail Banking) sold 2,183 shares at $24.95 per share price. On Jan 19, 2016, Jeffrey M Levy (EVP/ Pres Commercial Banking) sold 1,503 shares at $24.97 per share price, according to the Form-4 filing with the securities and exchange commission.

NBT Bancorp Inc. is a financial holding company. The Company through its subsidiaries consists of providing commercial banking and financial services to customers in its market area. The Company primarily operates through NBT Bank National Association (NBT Bank or the Bank) and other subsidiaries which provides a range of financial products to individuals corporations and municipalities throughout the central and upstate New York northeastern Pennsylvania western Massachusetts southern New Hampshire Vermont and the greater Portland Maine area. Deposit products offered by the Bank include demand deposit accounts savings accounts negotiable order of withdrawal (NOW) accounts money market deposit accounts (MMDA) and certificate of deposit (CD) accounts. The Bank also offers trust and investment and financial planning and life insurance services.

NBT Bancorp

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