NBT Bancorp

NBTB · NASDAQ

$51.58+$0.90 (+1.78%)TodayMarket closed ·
Prev close $50.68

NBTB analyst rating

BuyConsensus of 4 analysts over the last 12 months. 50% rate it a buy.
  • Strong buy0
  • Buy2
  • Hold2
  • Underperform0
  • Sell0

12-month price target · 8 analysts

Average $56.69 (+9.9% upside)

Low
$46.97
Now
$51.58
High
$65.10

Upgrades and downgrades

The latest rating actions, newest first

NBTB analyst upgrades, downgrades and rating actions
FirmDateActionRating
Keefe, Bruyette & WoodsAug 3, 2026MaintainsMarket Perform
Stephens & Co.Jul 30, 2026DowngradeOverweight → Equal-Weight
DA DavidsonJul 29, 2026MaintainsBuy
Piper SandlerJun 26, 2026MaintainsOverweight
DA DavidsonApr 27, 2026MaintainsBuy
DA DavidsonFeb 25, 2026InitiatesBuy

The case for and against

Updated Aug 12, 2026

Bull case

NBT Bancorp is a financially sound company with a strategic focus on expanding its market share. With a strong presence in the upstate NY region and a diverse range of revenue sources, the company is well-positioned to see steady growth and improved profitability. Additionally, its commitment to capital return should further enhance shareholder value, making NBT Bancorp a promising investment opportunity.

Bear case

NBT Bancorp is expected to see modest improvement in net interest margin (NIM) by 2026, boosted by a relatively neutral balance sheet positioning and continued easing by the Federal Reserve. The company's current price/forward earnings multiple is at a discount to its historical average, providing potential upside for future earnings. The recently announced acquisition of EVBN and a gradually improving Core ER is expected to drive positive operating leverage and lead to growth in the mid-50% range by late 2027.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.