NBT Bancorp (NBTB)
NASDAQ:NBTB
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Earnings Data
Report Date
Aug 03, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.02Last Year’s EPS
0.88Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a net positive tone: year-over-year earnings, tangible book value, net interest income and margin all showed meaningful improvement, fee income growth reached an all-time high in retirement plan services, deposits strengthened and capital flexibility allowed for buybacks and M&A optionality. Offsetting items included quarter-to-quarter loan decline driven by planned runoff and elevated commercial payoffs, an increase in provisions and some localized asset-quality deterioration (a specific C&I and several CRE credits), modest quarter-over-quarter earnings seasonality, and competitive pressure in indirect auto. Overall the company appears well-capitalized and positioned to support market opportunities while managing tactical headwinds.Company Guidance
Strong Earnings and Profitability Improvement
Net income of $51.1 million ($0.98 diluted EPS) in Q1 2026, representing a 27% increase versus Q1 2025. Operating return on assets (ROA) was 1.29% and return on tangible equity (ROTCE) was 15.50%, both reflecting meaningful year-over-year improvement.
Tangible Book Value Growth
Tangible book value per share of $27.05 at quarter end, more than 9% higher than a year ago, providing incremental capital flexibility.
Net Interest Margin and Net Interest Income Strength
Net interest margin (NIM) improved 28 basis points year-over-year and was 3.72% in Q1 2026 (up 7 bps quarter-over-quarter). Net interest income was $134.3 million, more than 25% above Q1 2025.
Deposit Franchise and Funding Cost Improvement
Total deposits increased $244 million from December 2025 (seasonal inflows), and deposit mix shifted away from higher-cost time deposits into checking/savings. 59% of deposits ($8.0 billion) are no/low-cost; total cost of deposits declined 10 bps to 1.34% in Q1.
Diversified Fee Income Growth
Fee-based income (ex securities gains) was $49.7 million, stable quarter-over-quarter and up 4.5% year-over-year. Combined retirement plan services, wealth management and insurance revenues exceeded $32 million; retirement plan administration hit an all-time quarterly revenue high.
Capital Return and M&A Optionality
Repurchased 250,000 common shares in Q1 2026. Management cites strong capital levels that support organic growth, continued dividend commitment, opportunistic buybacks and evaluation of M&A opportunities (targeted fill-in deals within existing footprint).
Successful Evans Bancorp Integration and Market Momentum
One-year post-merger integration of Evans Bancorp described as smooth with cultural alignment; expansion benefits in Western New York. Positive momentum from semiconductor-related development (Micron) with more than a dozen customers securing project-related contracts.
Reserve Coverage and Asset Quality Positioning
Allowance for loan losses equal to 1.2% of loans and covering more than 2x the level of nonperforming loans, indicating a conservative reserve posture relative to current NPAs.
Predictable Accretion and Securities Cash Flows
Loan discount accretion of approximately $6.5 million in Q1, expected to run ~$6.0–$6.5 million; intangible amortization around $3.5 million per quarter. Securities cash flows running roughly $20–$25 million per month.
NBTB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NBTB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $45.29 | $43.25 | -4.50% |
Jan 26, 2026 | $43.53 | $43.04 | -1.12% |
Oct 27, 2025 | $40.03 | $40.58 | +1.37% |
Jul 28, 2025 | $40.41 | $41.93 | +3.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NBT Bancorp (NBTB) report earnings?
NBT Bancorp (NBTB) is schdueled to report earning on Aug 03, 2026, TBA (Confirmed).
What is NBT Bancorp (NBTB) earnings time?
NBT Bancorp (NBTB) earnings time is at Aug 03, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NBTB EPS forecast?
NBTB EPS forecast for the fiscal quarter 2026 (Q2) is 1.02.