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Upturn AI SWOT - About
NBT Bancorp Inc (NBTB)
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Upturn Advisory Summary
04/01/2025: NBTB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 4.9% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.02B USD | Price to earnings Ratio 14.37 | 1Y Target Price 54 |
Price to earnings Ratio 14.37 | 1Y Target Price 54 | ||
Volume (30-day avg) 241345 | Beta 0.47 | 52 Weeks Range 31.97 - 52.07 | Updated Date 04/1/2025 |
52 Weeks Range 31.97 - 52.07 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 3.17% | Basic EPS (TTM) 2.97 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 25.23% | Operating Margin (TTM) 34.75% |
Management Effectiveness
Return on Assets (TTM) 1.04% | Return on Equity (TTM) 9.53% |
Valuation
Trailing PE 14.37 | Forward PE 13.4 | Enterprise Value 2177995776 | Price to Sales(TTM) 3.62 |
Enterprise Value 2177995776 | Price to Sales(TTM) 3.62 | ||
Enterprise Value to Revenue 3.98 | Enterprise Value to EBITDA - | Shares Outstanding 47253800 | Shares Floating 45928796 |
Shares Outstanding 47253800 | Shares Floating 45928796 | ||
Percent Insiders 3.13 | Percent Institutions 68.3 |
Analyst Ratings
Rating 3.8 | Target Price 55.5 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
NBT Bancorp Inc
Company Overview
History and Background
NBT Bancorp Inc. was founded in 1856 as the National Bank of Norwich in Norwich, New York. It has grown through organic expansion and acquisitions, evolving into a diversified financial services provider across several northeastern states.
Core Business Areas
- Commercial Banking: Offers a range of commercial banking services, including lending, deposit accounts, and cash management solutions, catering to businesses of various sizes.
- Retail Banking: Provides traditional retail banking products and services, such as checking and savings accounts, mortgages, and personal loans, to individual customers.
- Wealth Management: Offers investment management, trust and estate services, and financial planning to individuals, families, and institutions.
- Insurance Services: Provides insurance solutions
Leadership and Structure
The leadership team includes the President and CEO, Chief Financial Officer, and heads of various business divisions. The organizational structure is typical of a regional bank holding company, with various departments and divisions reporting to senior management and a Board of Directors.
Top Products and Market Share
Key Offerings
- Commercial Loans: Commercial loans include term loans, lines of credit, and real estate financing for businesses. Market share data is not publicly available at a granular product level. Competitors include other regional and national banks like M&T Bank, KeyCorp, and Bank of America.
- Market Share (%):
- Market Share (%):
- Residential Mortgages: Offers fixed-rate and adjustable-rate mortgages for home purchases and refinancing. Market share data is highly localized and not readily available for specific banks without detailed market research. Competitors include national mortgage lenders like Rocket Mortgage, Wells Fargo, and local credit unions.
- Market Share (%):
- Wealth Management Services: Provides comprehensive wealth management services, including investment advice, portfolio management, and trust administration. Market share data is fragmented and varies by region. Competitors include large wealth management firms like Merrill Lynch, UBS, and smaller regional players.
Market Dynamics
Industry Overview
The banking industry is currently characterized by rising interest rates, increased regulatory scrutiny, and evolving customer preferences towards digital banking solutions. Regional banks are facing competition from larger national banks and fintech companies.
Positioning
NBT Bancorp Inc. positions itself as a community-focused regional bank, emphasizing personalized service and local expertise. Its competitive advantages include strong relationships with local businesses and a reputation for stability and reliability.
Total Addressable Market (TAM)
The TAM for banking and wealth management services in NBT Bancorp's operating region is estimated to be in the billions of dollars. NBT is positioned to capture a portion of this TAM through its community-focused approach and diverse service offerings.
Upturn SWOT Analysis
Strengths
- Strong community relationships
- Diversified revenue streams
- Experienced management team
- Solid capital base
Weaknesses
- Limited geographic footprint compared to larger banks
- Vulnerability to regional economic downturns
- Higher expense ratio than its peers.
- Lack of sophisticated technology
Opportunities
- Expansion into new markets through acquisitions
- Increased adoption of digital banking services
- Growing demand for wealth management services
- Growing customer base for specialized industries.
Threats
- Increased competition from national banks and fintech companies
- Rising interest rates impacting loan demand
- Regulatory changes affecting banking operations
- Economic recession impacting credit quality
Competitors and Market Share
Key Competitors
- MTB
- KEY
- CMA
Competitive Landscape
NBT Bancorp Inc. faces competition from larger national banks and regional players. Its advantages include strong customer relationships and local expertise, while its disadvantages include a smaller geographic footprint and limited resources.
Major Acquisitions
OceanFirst Financial Corp.
- Year: 2024
- Acquisition Price (USD millions): 488
- Strategic Rationale: OceanFirst's presence in the New Jersey market expands NBT's footprint, enhances its scale and strengthens its existing lines of business.
Growth Trajectory and Initiatives
Historical Growth: NBT Bancorp Inc. has achieved steady growth through a combination of organic expansion and strategic acquisitions.
Future Projections: Analyst estimates suggest continued moderate growth in revenue and earnings, driven by increased lending activity and wealth management fees.
Recent Initiatives: Recent initiatives include investments in digital banking platforms and expansion into new geographic markets.
Summary
NBT Bancorp Inc. is a stable, community-focused regional bank with a consistent track record of profitability. Its strengths lie in its strong customer relationships and diversified revenue streams. However, it faces challenges from larger competitors and the evolving digital landscape, requiring continuous investment in technology and strategic initiatives to maintain its competitive edge.
Similar Companies
- MTB
- PBCT
- WSFS
- FHB
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Earnings Call Transcripts
- Analyst Reports
- Market Research Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market share data is based on available information and may not be precise. Financial data is based on past performance and is not indicative of future results. All investments carry risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NBT Bancorp Inc
Exchange NASDAQ | Headquaters Norwich, NY, United States | ||
IPO Launch date 1992-03-17 | President, CEO & Director Mr. Scott A. Kingsley CPA | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 2083 | Website https://www.nbtbancorp.com |
Full time employees 2083 | Website https://www.nbtbancorp.com | ||
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; commercial and industrial, commercial real estate, agricultural, and commercial construction loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan administration and record keeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. Further, it operates as a property management and passive investment company, as well as investment advisor that provides investment management and financial consulting services. The company operates in New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.
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