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NBTB

NBT BANCORP INC
7 filings tracked
financialsasset managementMID ($2B-10B)

Company Intelligence Hub

Filing history, signal momentum, and bull/bear evolution

Chronological Filing Evolution (Click to filter / toggle)

Thesis (Bull Case Evolution)

NBT Bancorp has reached a pivotal inflection point following the acquisition of Evans Bancorp, transforming a balance sheet expansion into a powerful earnings engine.…

Bullish Outlook

Antithesis (Bear Case / Structural Risks)

Despite the headline growth, a closer examination of NBT Bancorp's 10-Q reveals simmering risks in asset quality and operating efficiency.…

Risk Factors

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Synthesis (Verdict & Resolution)

The first quarter 2026 filing presents a dichotomy between rapid scale-driven growth and emerging credit headwinds. On one hand, the integration of Evans Bancorp has provided a massive boost to the top and bottom lines, with net income and EPS showing strong year-over-year momentum. The bank's ability to maintain a 'well-capitalized' status while aggressively returning capital through dividends and share repurchases suggests a management team confident in its current trajectory. However, the increase in nonperforming assets and the rise in 'substandard' commercial loans indicate that the broader economic environment is beginning to weigh on the portfolio. Investors must weigh the immediate accretion from the merger against the long-term risk of credit erosion in the CRE sector. The overall impact of the filing is positive regarding scale and liquidity, but it introduces a heightened need for monitoring the loan loss provision as the bank navigates a complex macroeconomic landscape.

Selected Quarter

Core Takeaway

NBT has successfully converted its acquisition of Evans into immediate earnings growth, but is now facing a rise in nonperforming assets and higher structural costs.

Investor Lens

The trade-off is between the immediate accretion of the Evans merger and the long-term risk of a credit cycle downturn affecting the expanded loan book.

Watch Next

The trend in 'substandard' CRE loans and the impact of any further FOMC rate cuts on the net interest margin (NIM).

View Full SEC Report

Signal Momentum Chart

Quarterly net bull/bear signal ratio. Click nodes to select a quarter.

BULLISH (+1.0)NEUTRAL (0.0)BEARISH (-1.0)+0.68Q2 '26 (10-Q)

Signal Timeline

Active Filters:Quarter: Q2 '26 (10-Q)
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%
bullishMay 8

Net income grew 39% year-over-year to $51.1 million.

earnings beat
90%
bullishMay 8

FTE NIM increased by 28 basis points year-over-year to 3.72%.

margin expansion
60%
bullishMay 8

Repurchased 250,000 shares of common stock for $11.0 million.

buyback
40%
bullishMay 8

Successfully integrated Evans Bancorp, driving a $1.99 billion increase in average earning assets.

acquisition
80%

Filing History

10-QMay 8, 2026
Expand Sequence

The first quarter 2026 filing presents a dichotomy between rapid scale-driven growth and emerging credit headwinds. On one hand, the integration of Evans Bancorp has provided a massive boost to the top and bottom lines, with net income and EPS showing strong year-over-year momentum. The bank's ability to maintain a 'well-capitalized' status while aggressively returning capital through dividends and share repurchases suggests a management team confident in its current trajectory. However, the increase in nonperforming assets and the rise in 'substandard' commercial loans indicate that the broader economic environment is beginning to weigh on the portfolio. Investors must weigh the immediate accretion from the merger against the long-term risk of credit erosion in the CRE sector. The overall impact of the filing is positive regarding scale and liquidity, but it introduces a heightened need for monitoring the loan loss provision as the bank navigates a complex macroeconomic landscape.

Disclaimer: The synthesis provided is generated by AI models and should not be construed as investment advice. Analysis is based solely on regulatory data present at the time of publication. Consult a financial advisor for specific investment strategies.