NBT BancorpNBTB
About: NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products and trust and investment services. Loan products include consumer, home equity, mortgage, business banking, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
Employees: 2,034
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,011% more call options, than puts
Call options by funds: $9.92M | Put options by funds: $893K
242% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 12
16% more funds holding
Funds holding: 183 [Q2] → 212 (+29) [Q3]
16% more capital invested
Capital invested by funds: $1.12B [Q2] → $1.3B (+$177M) [Q3]
0.61% more ownership
Funds ownership: 61.58% [Q2] → 62.19% (+0.61%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 63
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
DA Davidson Manuel Navas 60% 1-year accuracy 3 / 5 met price target | 23%upside $60 | Neutral Initiated | 12 Dec 2024 |
Keefe, Bruyette & Woods Christopher O'Connell 70% 1-year accuracy 16 / 23 met price target | 13%upside $55 | Market Perform Maintained | 4 Dec 2024 |