Regional banking company NBT Bancorp (NASDAQ: NBTB) will be reporting results this Monday after the bell. Here’s what to look for.
NBT Bancorp beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $154.7 million, up 10% year on year. It was a strong quarter for the company, with a decent beat of analysts’ tangible book value per share estimates and a narrow beat of analysts’ net interest income estimates.
Is NBT Bancorp a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting NBT Bancorp’s revenue to grow 21.4% year on year to $170.5 million, improving from the 15.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.83 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. NBT Bancorp has missed Wall Street’s revenue estimates twice over the last two years.
Looking at NBT Bancorp’s peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Atlantic Union Bankshares delivered year-on-year revenue growth of 86.2%, beating analysts’ expectations by 12.5%, and Seacoast Banking reported revenues up 19.6%, topping estimates by 5%. Atlantic Union Bankshares traded down 1.9% following the results while Seacoast Banking’s stock price was unchanged.
Read our full analysis of Atlantic Union Bankshares’s results here and Seacoast Banking’s results here.
There has been positive sentiment among investors in the regional banks segment, with share prices up 4% on average over the last month. NBT Bancorp is down 1.2% during the same time and is heading into earnings with an average analyst price target of $49.83 (compared to the current share price of $41.40).
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