As of today (2024-05-12), NBT Bancorp's share price is $37.74. NBT Bancorp's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $22.07. Hence, NBT Bancorp's Price to Tangible Book Ratio of today is 1.71.
The historical rank and industry rank for NBT Bancorp's Price-to-Tangible-Book or its related term are showing as below:
NBTB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34 Med: 1.93 Max: 2.87
Current: 1.71
During the past 13 years, NBT Bancorp's highest Price to Tangible Book Ratio was 2.87. The lowest was 1.34. And the median was 1.93.
NBTB's Price-to-Tangible-Book is ranked worse than 83.87% of 1438
companies
in the Banks industry
Industry Median: 0.93
vs NBTB: 1.71
NBT Bancorp Price-to-Tangible-Book Historical Data
The historical data trend for NBT Bancorp's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of NBT Bancorp's Price-to-Tangible-Book
For the Banks - Regional subindustry, NBT Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NBT Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, NBT Bancorp's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NBT Bancorp's Price-to-Tangible-Book falls into.
NBT Bancorp Price-to-Tangible-Book Calculation
NBT Bancorp's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
NBT Bancorp Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of NBT Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products, as well as trust and investment services. Loans products include consumer loans, home equity loans, mortgages, business banking loans, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout the states of New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
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