Is NBT Bancorp (NBTB) overvalued or fairly valued?

MarketChacha shows NBT Bancorp's valuation in context — a trailing P/E of about 14.9, a forward P/E of about 11.1, a price-to-book of about 1.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does NBT Bancorp's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.36×) from reported figures — education, not a rating.

What is NBT Bancorp's revenue?

NBT Bancorp reported revenue of $183.0M for FY2025, with net profit of $169.2M, per official filings.

What is the share price of NBT Bancorp (NBTB)?

NBT Bancorp last traded at $51.58 (+1.8% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

NBT Bancorp

NBTB · NYSE · Financials · United States

Snapshot

TickerNBTB

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees2,303

HeadquartersNorwich, United States

Websitewww.nbtbancorp.com

Filings tracked17

About NBT Bancorp

NBT Bancorp Inc., a financial holding company, provides personal and commercial banking, retail banking, and wealth management services in the United States. It operates through Banking, Retirement Plan Administration, and All Other segments. The company offers demand deposit, savings, interest-bearing checking, money market deposit, and certificate of deposit accounts; and indirect and direct consumer loans, home equity loans and lines of credit, residential mortgages, business banking loans, commercial and industrial loans, agricultural loans, commercial construction loans, commercial real estate loans, indirect auto loans, and other consumer loans, as well as agricultural lending, personal lines of credit, overdraft protection, and second mortgage loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan and health savings account recordkeeping and administration, and actuarial services. In addition, the company offers insurance products, such as personal property and casualty, business liability, and commercial insurance; and other products and services through a network of ATM locations and 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. Further, it operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company serves retail, commercial, and municipal customers. It operates in upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

Who owns it

Insiders2.8%
Institutions69.3%
Public & other27.8%

391 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.14.39%
Vanguard Portfolio Management LLC6.64%
State Street Corporation5.26%
Dimensional Fund Advisors LP4.63%
Vanguard Capital Management LLC4.34%
FMR, LLC3.34%
Geode Capital Management, LLC2.68%
Northern Trust Corporation1.38%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.36×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend82.1% → 92.5%

Margin has expanded by about 10.4 points — the business is getting more profitable.

Growth qualityrev 12% · PAT 19%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $194.4M · EPS 1.10

Est. earnings growth +4.3%

Next fiscal year

Rev $801.7M · EPS 4.57

Est. earnings growth +9.2%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$183.0M

Net margin

92.5%

ROE

8.9%

Revenue CAGR (2y)

+12.4%

Profit CAGR (2y)

+19.4%

EPS (FY2025)

3.33

Net profit (FY2025)

$169.2M

Ask MarketChacha about NBTB

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$183.0M	$169.2M	3.33	92.5%	8.9%
FY2024	$165.7M	$140.6M	2.97	84.9%	9.2%
FY2023	$144.7M	$118.8M	2.65	82.1%	8.3%

Quarterly

Period	Net profit	EPS
2026Q2	$53.0M	1.02
2026Q1	$51.1M	0.98
2025Q3	$54.5M	1.03
2025Q2	$22.5M	0.44
2025Q1	$36.7M	0.77
2024Q3	$38.1M	0.80
2024Q2	$32.7M	0.69
2024Q1	$33.8M	0.71
2023Q3	$24.6M	0.54
2023Q2	$30.1M	0.70
2023Q1	$33.7M	0.78

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure
SEC9/8/2026material
10-Q filing
SEC8/7/2026
8-K — Results of operations, Exhibits
SEC7/27/2026material
8-K — Shareholder vote results, Reg FD disclosure, Exhibits
SEC5/19/2026material
8-K — Reg FD disclosure
SEC5/18/2026material
10-Q filing
SEC5/8/2026
8-K — Reg FD disclosure
SEC5/4/2026material
8-K — Results of operations, Exhibits
SEC4/23/2026material
10-K filing
SEC2/27/2026
8-K — Reg FD disclosure
SEC2/10/2026material
8-K — Results of operations, Executive/director change, Exhibits
SEC1/26/2026material

2025

10-Q filing
SEC11/7/2025
8-K — Reg FD disclosure
SEC11/4/2025material
8-K — Results of operations, Exhibits
SEC10/27/2025material
8-K — Reg FD disclosure
SEC8/29/2025material
10-Q filing
SEC8/8/2025
8-K — Results of operations, Exhibits
SEC7/28/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.