Sterne Agee Begins Coverage on NBT Bancorp (NBTB)
NBT Bancorp (NASDAQ:NBTB) opened at 24.09 on Friday. NBT Bancorp has a 52-week low of $21.38 and a 52-week high of $26.59. The stock has a 50-day moving average of $23.65 and a 200-day moving average of $23.59. The company has a market cap of $1.053 billion and a price-to-earnings ratio of 12.91.
NBT Bancorp (NASDAQ:NBTB) last announced its earnings results on Monday, July 28th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.01. During the same quarter last year, the company posted $0.40 earnings per share. On average, analysts predict that NBT Bancorp will post $1.71 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Monday, September 1st will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.49%. The ex-dividend date is Wednesday, August 27th.
NBT Bancorp Inc is a financial holding company. The Company’s business, primarily conducted through the Bank but also through its other subsidiaries, consists of providing commercial banking and financial services to customers in its market area, which includes central and upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts and the greater Burlington, Vermont area.
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