NBT

The macroeconomics of liquidity in financial intermediation

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Martedì, Maggio 28, 2024
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Key Points: 

    NBT Bancorp Inc. Announces Cash Dividend

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    Martedì, Maggio 21, 2024
    NBT, NBT Bank

    NORWICH, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.32 per share at a meeting held today.

    Key Points: 
    • NORWICH, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) approved a second-quarter cash dividend of $0.32 per share at a meeting held today.
    • The dividend will be paid on June 17, 2024 to shareholders of record as of June 3, 2024.
    • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.44 billion at March 31, 2024.
    • The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services companies.

    NBT Bancorp Inc. Completes Leadership Transition

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    Martedì, Maggio 21, 2024
    Food bank, Marketing, Audit, Senior, MID, LLP, Accounting, Syracuse, United Health Services, St. Bonaventure University, Committee on Finance, Central New York, Retail banking, Carlisle Companies, United Way, Community Bank, N.A., MetLife, Clarkson University, NBT, Hylomorphism, SUNY Polytechnic Institute, Interim, PwC, Trustee, Burns, Catholic Church in Switzerland, NBT Bank, Acquisition, Stagliano, Certified Public Accountant, Management

    NBT Board Chairman Martin A. Dietrich said, “Smooth leadership transitions are a characteristic of high-performing companies.

    Key Points: 
    • NBT Board Chairman Martin A. Dietrich said, “Smooth leadership transitions are a characteristic of high-performing companies.
    • He joined NBT in 1999 and was promoted to Chief Information Officer and joined the Company's Executive Management Team in 2006.
    • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.44 billion at March 31, 2024.
    • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

    NBT Bancorp Inc. Announces First Quarter 2024 Results

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    Lunedì, Aprile 22, 2024
    CHIPS, Sale, NBT, FTE, Policy, Travel, Environment, NIM, Micron Technology, Acquisition, Share repurchase, NBT Bank, Advertising, Video game

    NORWICH, N.Y., April 22, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three months ended March 31, 2024.

    Key Points: 
    • NORWICH, N.Y., April 22, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three months ended March 31, 2024.
    • “NBT reported solid results for the quarter despite the ongoing challenges presented by the interest rate environment.
    • Net charge-offs to total average loans for the first quarter of 2024 was 19 bps compared to 22 bps in the prior quarter.
    • The Company will host a conference call at 10:00 a.m. (Eastern) Tuesday, April 23, 2024, to review the first quarter 2024 financial results.

    The Season for NBT Summer Manufacturing Camps Nears

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    Martedì, Aprile 16, 2024
    Welding, NBT, FMA, Student, Computer-aided design, Taste, Research, Organization, Nut, Tourism

    Young people will be exposed to many different aspects of manufacturing and metal fabricating, such as computer-aided design and welding.

    Key Points: 
    • Young people will be exposed to many different aspects of manufacturing and metal fabricating, such as computer-aided design and welding.
    • "NBT Summer Manufacturing Camps have been proven to be effective in building a pipeline for the next generation of manufacturing professionals," said Ed Dernulc, NBT's director.
    • These summer camps are designed for students ages 12 to 16, introducing them to the tools and skills used in modern manufacturing environments.
    • The camps also help young people make real connections with the local manufacturing community and exposes them to available career pathways.

    NBT Bancorp Inc. Announces Date Of First Quarter Conference Call

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    Lunedì, Aprile 1, 2024
    NBT Bank, NBT

    NORWICH, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2024 on Monday, April 22, 2024, following the market close.

    Key Points: 
    • NORWICH, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2024 on Monday, April 22, 2024, following the market close.
    • The Company will host a conference call at 10:00 a.m. (Eastern) Tuesday, April 23, 2024, to review these results.
    • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.31 billion at December 31, 2023.
    • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

    Navy's Submarine Industrial Base and BlueForge Alliance Partner with Nuts, Bolts & Thingamajigs

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    Lunedì, Aprile 8, 2024
    Automation, Organization, Partnership, School, FMA, Welding, SIB, Student, Robotics, Workforce, NBT, BFA, Navy, Management

    ELGIN, Ill., April 8, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs®, the Fabricators and Manufacturers Association's charitable foundation, is proud to announce a three-year educational partnership with BlueForge Alliance, a non-profit integrator supporting the efforts of the U.S. Navy's Submarine Industrial Base. This partnership includes a national sponsorship of all NBT Summer Manufacturing Camps to inform and encourage young students of career opportunities specifically in the submarine industrial sector. These camps will assist in developing a skilled manufacturing workforce to support the BFA and SIB mission to build and maintain America's next generation of undersea platforms.

    Key Points: 
    • ELGIN, Ill., April 8, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs®, the Fabricators and Manufacturers Association's charitable foundation, is proud to announce a three-year educational partnership with BlueForge Alliance, a non-profit integrator supporting the efforts of the U.S. Navy's Submarine Industrial Base.
    • This partnership includes a national sponsorship of all NBT Summer Manufacturing Camps to inform and encourage young students of career opportunities specifically in the submarine industrial sector.
    • A key piece of the partnership between NBT and BFA involves the development of a new program for the foundation, Submarine Manufacturing Camps.
    • We are honored that the Navy's Submarine Industrial Base and BlueForge Alliance have entrusted us to continue our good work of building the manufacturing workforce for the future," said Ed Dernulc, NBT Foundation director.

    Subway Cares Foundation Supports NBT Scholarships with $25,000 Grant

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    Giovedì, Febbraio 8, 2024
    Student, Growth, Education, FMA, Certification, NBT, Nursing

    Subway Cares Foundation's mission is to provide youth with greater access to nutritious food, tuition assistance, and growth and leadership opportunities.

    Key Points: 
    • Subway Cares Foundation's mission is to provide youth with greater access to nutritious food, tuition assistance, and growth and leadership opportunities.
    • "NBT is honored to partner with the Subway Cares Foundation," said Ed Dernulc, NBT Foundation Director.
    • Since its inception in 1990, NBT has awarded nearly $1.5 million in scholarships to a total of 749 students.
    • The support from Subway Cares will allow NBT to distribute a substantial 24% increase in funds over last year, ensuring that additional aspiring manufacturers will benefit from this initiative.

    NBT Bancorp Inc. Announces Full Year Net Income and Declares Dividend

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    Martedì, Gennaio 23, 2024
    NBT Bank, NIM, FDIC, Retirement, NBT, Policy, Share repurchase, FTE, Commercial, Sale, Acquisition, Video game

    NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2023.

    Key Points: 
    • NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2023.
    • Consistent with historical trends and as seasonally expected, ending deposits declined from September 30, 2023 to December 31, 2023.
    • Net charge-offs for the portfolios in a planned run-off status represented the majority of total net charge-offs for the quarter and full year.
    • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.31 billion at December 31, 2023.

    NBT Bancorp Inc. Announces CEO Succession Plan

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    Lunedì, Gennaio 22, 2024
    Clarkson University, NBT Bank, Burns, State university system, PwC, LLP, Accounting, NBT, Certified Public Accountant, St. Bonaventure University, Retail banking, Acquisition, Carlisle Companies, MetLife, Community Bank, N.A., Stagliano, Management

    Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.

    Key Points: 
    • Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.
    • “I am deeply grateful for the opportunity to lead NBT and to work with the team I truly believe is the best in community banking,” said Watt.
    • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.83 billion at September 30, 2023.
    • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .