NBTB Earnings Prediction
The chart below shows how NBTB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NBTB sees a -2.29% change in stock price 10 days leading up to the earnings, and a +1.83% change 10 days following the report. On the earnings day itself, the stock moves by -0.13%. This data can give you a slight idea of what to expect for the next quarter's release.
NBTB Key Earning Data
NBTB Earnings Analysis
Positive
Q4 Net Income Report: Net income for Q4 2024 was reported at $36,000,000, or $0.76 per share, with operating earnings per share at $0.77, demonstrating strong profitability despite a slight decrease from the prior quarter.
Loan Growth Analysis: Total loans increased by $319,000,000 for the year, representing a growth of 3.3%, with a more significant increase of $479,000,000 or 6% when excluding portfolios in planned runoff status.
Deposit Growth Increase: Total deposits rose by $578,000,000 or 5.3% from December 2023, reflecting strong customer confidence and growth in the deposit base.
Diversified Revenue Strength: Non-interest income accounted for 30% of total revenues for 2024, with fee income increasing by 11.1% compared to Q4 2023, highlighting the strength of diversified revenue streams.
Dividend Increase Announcement: A quarterly cash dividend of $0.34 was declared, marking a 6.3% increase from the previous year's dividend, representing the 12th consecutive year of annual dividend increases.
Negative
Earnings Per Share Decline: Operating earnings per share decreased by $0.03 to $0.77 compared to the prior quarter, indicating a decline in profitability.
Asset Quality Deterioration: Net charge-offs increased to 23 basis points in Q4 from 16 basis points in the prior quarter, reflecting a deterioration in asset quality.
Non-Performing Assets Increase: Non-performing assets rose by $14.4 million from the prior quarter, primarily due to a commercial real estate loan placed into non-accrual status, signaling potential credit risk.
Operating Expenses Increase: Total operating expenses, excluding merger costs, increased by 4.8% to $99.8 million compared to the previous quarter, indicating rising cost pressures.
Loan Yield Decline: Loan yields declined by 9 basis points from Q3, as $2.1 billion of loans repriced downward, suggesting challenges in maintaining interest income.
NBTB FAQs
How does NBTB typically perform around its earnings report dates?
NBTB's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -2.29% change leading up to the report and a +1.83% change in the 10 days following the release.
Is NBT Bancorp Inc (NBTB) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NBTB Earning Call Sentiment
Earnings call transcript: NBT Bancorp Q4 2024 earnings meet forecasts, stock dips
NBTB.O
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