The NBT Bancorp Inc (NBTB) share price is expected to increase by 2.42% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered NBTB. Price targets range from $50 at the low end to $54 at the high end. The current analyst consensus for NBTB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
NBTB is a stock in Financial Services which has been forecasted to be worth $51.33333 as an average. On the higher end, the forecast price is $54 USD by from and on the lower end NBTB is forecasted to be $50 by from .
These are the latest 20 analyst ratings of NBTB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Matt Breese Stephens & Co. | Equal-Weight | $49 | Reiterates | Sep 10, 2024 |
Matt Breese Stephens & Co. | Overweight | $42 | Reiterates | Jul 23, 2024 |
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $39 | Maintains | Apr 24, 2024 |
Matt Breese Stephens & Co. | Overweight | $42 | Reiterates | Apr 23, 2024 |
Jake Civiello Janney Montgomery Scott | Buy | $39 | Upgrade | Mar 21, 2024 |
Matt Breese Stephens & Co. | Overweight | $42 | Upgrade | Feb 14, 2024 |
Alexander Twerdahl Piper Sandler | Overweight | $41 | Maintains | Jan 25, 2024 |
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $41 | Maintains | Jan 25, 2024 |
Steve Moss Raymond James | Outperform | $45 | Maintains | Jan 5, 2024 |
Matthew Breese Piper Sandler | Overweight | $42 | Maintains | Aug 15, 2023 |
Raymond James | Outperform | Maintains | Aug 2, 2023 | |
Stephens & Co. | Equal-Weight | Reiterates | Aug 1, 2023 | |
Steve Moss Raymond James | Outperform | $38 | Downgrade | Jun 6, 2023 |
Steve Moss Raymond James | Strong Buy | $47 | Maintains | Apr 6, 2023 |
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $37.5 | Maintains | Apr 6, 2023 |
Steve Moss Raymond James | Strong Buy | $49 | Initiates | Dec 21, 2022 |
Matthew Breese Piper Sandler | Overweight | $40 | Upgrade | Jul 28, 2021 |
Piper Sandler | Neutral | $30 | Maintains | Sep 28, 2020 |
Piper Sandler | Neutral | $33 | Maintains | Jul 29, 2020 |
Stephens & Co. | Equal-Weight | Initiates | Jun 1, 2020 |
When did it IPO
1992
Staff Count
2,034
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Scott A. Kingsley CPA
Market Cap
$2.36B
In 2023, NBTB generated $517.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NBTB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Kahn Swick & Foti, LLC is investigating the proposed sale of Evans Bancorp, Inc. to NBT Bancorp Inc., where Evans shareholders would receive 0.91 shares of NBT for each share of Evans.
Why It Matters - The investigation into Evans Bancorp's sale to NBT Bancorp raises concerns about the adequacy of the deal's terms, potentially affecting shareholder value and confidence in the transaction.
Summary - NBT Bancorp (NBTB) is being evaluated for its potential as a top stock choice for momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - The inquiry into NBT Bancorp's momentum potential signals interest in its performance, potentially affecting stock demand and price among momentum-focused investors.
Summary - MRBK, NBTB, and JWN have been rated as Zacks Rank #1 (Strong Buy) income stocks as of November 7, 2024.
Why It Matters - MRBK, NBTB, and JWN's inclusion in the Zacks Rank #1 list signals strong growth potential and favorable earnings outlook, attracting investor interest and potentially driving stock prices higher.
Summary - NBT Bancorp Inc. will hold its Q3 2024 earnings conference call on October 29, 2024, at 10:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The NBT Bancorp Q3 2024 earnings call provides insights into financial performance, strategic direction, and market sentiment, influencing stock valuation and investment decisions.
Summary - NBT Bancorp Inc. reported its net income and diluted earnings per share for Q3 and the first nine months of 2024. Further financial details were not provided in the excerpt.
Why It Matters - NBT Bancorp's earnings report can signal financial health and growth potential, influencing stock performance and investment decisions.
Summary - NBT (NBTB) reported its quarterly performance for September 2024, highlighting key metrics that may be compared to Wall Street estimates and previous year's figures.
Why It Matters - Comparing NBT's performance metrics to Wall Street estimates and previous year values provides insights into growth trends and market expectations, influencing investor confidence and stock valuation.