Quarterly ResultJul 27, 2026, 04:19 PM
NBT Bancorp Q2 Diluted EPS $1.02; Net Income $53.0M; Dividend Up 8.1%
AI Summary
NBT Bancorp Inc. reported strong financial results for the second quarter of 2026, with net income reaching $53.0 million, or $1.02 per diluted common share, significantly higher than the $22.5 million, or $0.44 per diluted common share, reported in Q2 2025. The company also announced its fourteenth consecutive annual increase in its quarterly cash dividend, raising it by 8.1% to $0.40 per share. This performance was driven by loan growth across all business lines and an expanded net interest margin of 3.73%.
Key Highlights
- Diluted EPS for Q2 2026 was $1.02, up from $0.44 in Q2 2025.
- Net income for Q2 2026 was $53.0 million, up from $22.5 million in Q2 2025.
- Quarterly cash dividend increased to $0.40 per share, an 8.1% increase.
- Net interest margin (FTE) was 3.73%, an increase of 14 bps from Q2 2025.
- Period end loans grew to $11.87 billion, up 2.4% from December 31, 2025.
- Tangible book value per share increased 4.4% to $27.71 from December 31, 2025.
- Company repurchased $3.0 million of common stock in Q2 2026.
- Redeemed $25 million of subordinated debt on June 30, 2026.
Price Impact
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