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Mar 31, 2022
NBT Q1 2022 Earnings Report
NBT Bancorp Inc. reported net income for the first quarter
Key Takeaways
NBT Bancorp Inc. reported a net income of $39.1 million, or $0.90 per diluted share for the three months ended March 31, 2022. Noninterest income grew to $42.7 million, up 15.2% from the first quarter of 2021.
Net income of $39.1 million
Diluted earnings per share of $0.90
Period end total loans were $7.6 billion at March 31, 2022, up 2%, from December 31, 2021
Tangible equity to assets of 7.70%
NBT
NBT
Forward Guidance
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of phrases such as “anticipate,” “believe,” “expect,” “forecasts,” “projects,” “will,” “can,” “would,” “should,” “could,” “may,” or other similar terms.