NBT Bancorp (NBTB) Raises Quarterly Dividend 6.7% to $0.32; 4.2% Yield

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Go back to NBT Bancorp (NBTB) Raises Quarterly Dividend 6.7% to $0.32; 4.2% Yield

NBT Bancorp Inc. Announces Third Quarter Results and Declares Dividend

October 24, 2023 4:15 PM EDT

NORWICH, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT or the Company) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and nine months ended September 30, 2023.

Net income for the three months ended September 30, 2023 was $24.6 million, or $0.54 per diluted common share, compared to $39.0 million, or $0.90 per diluted share, for the three months ended September 30, 2022, and $30.1 million, or $0.70 per diluted share, in the second quarter of 2023. Operating diluted earnings per share1, a non-GAAP measure, which excludes acquisition expense, acquisition-related provision for credit losses and... More