NBT Bancorp Q2 Earnings More Than Double, Dividend Raised 8.1%
NBTB sits 34% above its 52-week low of $39.195.
Summary
NBT Bancorp reported Q2 2026 net income of $53.0 million ($1.02/share), more than double the $22.5 million a year ago, and raised its quarterly dividend 8.1% to $0.40 per share.
Key Events · Earnings and Guidance · NBTB
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Earnings More Than Double
Driven by the Evans acquisition and organic growth, Q2 2026 net income reached $53.0M ($1.02 diluted EPS), compared with $22.5M ($0.44) a year ago.
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Dividend Increased 8.1%
The board approved a $0.40 per share quarterly dividend, up from $0.37, marking the 14th consecutive annual increase.
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Net Interest Margin Expands
On an FTE basis, NIM rose to 3.73%, up 14 bps year-over-year, as funding costs declined and earning assets grew.
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Tangible Book Value Climbs
Tangible book value per share reached $27.71, up 4.4% from December 31, 2025, reflecting strong capital generation.
Analysis · NBTB · Finance
A standout quarter saw net income more than double year-over-year to $53 million, fueled by the Evans acquisition and organic growth. The net interest margin expanded to 3.73%, and the board approved a 14th consecutive annual dividend increase, signaling confidence in sustained earnings power. Results handily beat the prior-year period and show the franchise gaining momentum.
At the time of this filing, NBTB was trading at $52.52 on NASDAQ in the Finance sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $39.20 to $53.33. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.