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Dec 31, 2019
NBT Q4 2019 Earnings Report
NBT reported a net income of $29.0 million and diluted earnings per share of $0.66 for Q4 2019.
Key Takeaways
NBT Bancorp Inc. reported a net income of $29.0 million for the three months ended December 31, 2019, which is up 1.1% from $28.7 million for the fourth quarter of 2018. Diluted earnings per share for the three months ended December 31, 2019 was $0.66, up 1.5% from $0.65 for the fourth quarter of 2018.
Diluted earnings per share up 7.0% from prior year
Full year 2019 net income up 7.5% from 2018
Loan growth for the year ended December 31, 2019 of 3.6% and 6.9% for the fourth quarter, annualized, driven by commercial and residential real estate
Strong asset quality continued with nonperforming loans to total loans of 0.40% down 7 basis points from prior quarter
Revenue by Segment
Forward Guidance
NBT intends to accelerate the growth of EPIC Retirement Plan Services with the acquisition of Alliance Benefit Group of Illinois, Inc. of Peoria, bringing the number of plan participants supported nationwide to 250,000.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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