NBT Bancorp (NBTB) Tops Q3 EPS by 2c

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NBT Bancorp Inc. Announces Net Income of $19.9 Million for the Third Quarter of 2015; Declares Cash Dividend

October 26, 2015 4:15 PM EDT

NORWICH, N.Y., Oct. 26, 2015 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) announced net income for the three months ended September 30, 2015 was $19.9 million, up from $19.3 million for the second quarter of 2015, and up from $10.9 million for the third quarter of 2014.  Reported net income for the third quarter of 2014 included $8.8 million in prepayment penalties, net of tax, related to our long-term debt restructuring strategy.  Reported diluted earnings per share for the three months ended September 30, 2015 was $0.45, as compared with $0.43 for the prior quarter, and $0.25 per share for the third quarter of 2014. 

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