NBT Bancorp (NBTB) Raises Quarterly Dividend 4% to $0.26; 2.9% Yield

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Go back to NBT Bancorp (NBTB) Raises Quarterly Dividend 4% to $0.26; 2.9% Yield

NBT Bancorp Inc. Announces Record Net Income of $29.8 Million and Diluted Earnings Per Share of $0.68; Announces 4% Dividend Increase

October 22, 2018 4:51 PM EDT

NORWICH, N.Y., Oct. 22, 2018 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT or the Company) (NASDAQ: NBTB) reported record net income and diluted earnings per share for both the three and nine months ended September 30, 2018.

Net income for the three months ended September 30, 2018 was $29.8 million, up 6.0% from $28.1 million for the second quarter of 2018 and up 30.3% from $22.9 million for the third quarter of 2017. Diluted earnings per share for the three months ended September 30, 2018 was $0.68, as compared with $0.64 for the prior quarter, an increase of 6.3%, and $0.52 for the third quarter of 2017, an increase of... More