NBT Bancorp (NBTB) Tops Q1 EPS by 1c

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NBT Bancorp Inc. Announces Diluted Earnings Per Share of $0.43 for the First Quarter of 2016

April 25, 2016 4:36 PM EDT

NORWICH, N.Y., April 25, 2016 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) reported net income for the first quarter of 2016 of $18.9 million, up from $18.2 million for the prior year.  Diluted earnings per share for the three months ended March 31, 2016 was $0.43, up from $0.41 for the prior year. 

2016 First Quarter Highlights:

First quarter loan growth of 5.8% (annualized) Average demand deposits up 11.3% from the first quarter of 2015 Net interest income up 3.9% from the first quarter of 2015 Positive trends continue for asset quality indicators: Past... More