NBT Bancorp (NBTB) Misses Q2 EPS by 13c

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NBT Bancorp Inc. Announces Second Quarter Net Income of $30.1 Million ($0.70 Per Diluted Common Share)

July 31, 2023 4:15 PM EDT

NORWICH, N.Y., July 31, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT or the Company) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six months ended June 30, 2023.

Net income for the three months ended June 30, 2023 was $30.1 million, or $0.70 per diluted common share, compared to $37.8 million, or $0.88 per diluted share, for the three months ended June 30, 2022, and $33.7 million, or $0.78 per diluted share, in the first quarter of 2023.

Excluding the impact of securities losses and acquisition expenses, the... More