NBTB (NBT Bancorp) Moat Score: 4/10 (As of Jul. 05, 2026)


NBTB NBT Bancorp Inc NBTB
69 GF Score
Price $50.05
GF Value $46.41
Valuation Fairly Valued
! 3 Warning Signs
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What is NBT Bancorp Moat Score?

NBT Bancorp NBTB -0.34% 69 Moat Score is 4 as of Jul. 05, 2026. GuruFocus rates NBTB with a GF Score™ of 69/100 and a GF Value™ of $46.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,612 Banks companies, NBT Bancorp ranks better than 86.23% on this metric.

NBT Bancorp has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

NBT Bancorp has Narrow Moat: NBT Bancorp has a modest moat due to its regional market presence and customer relationships. However, it lacks significant network effects, strong brand strength, or substantial cost advantages that would elevate it beyond a discernible but modest moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes NBT Bancorp might have Narrow Moat - Discernible but modest moat.

NBT Bancorp  (NAS:NBTB) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

NBT Bancorp Moat Score Related Terms

NBTB vs TBBK, BBT, FBNC: Moat Score Comparison

For the Banks - Regional subindustry, NBT Bancorp's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, NBT Bancorp's Moat Score distribution charts can be found below:

* The bar in red indicates where NBT Bancorp's Moat Score falls into.


NBTB
69GF Score
NBT Bancorp Inc NBTB
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
NBT Bancorp (NBTB) has a Moat Score of 4 as of Jul. 05, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, NBT Bancorp ranks #222 out of 1612 companies in the Banks industry, placing it in the top 13.8%.
Is NBT Bancorp's Moat Score too high?
NBT Bancorp's current Moat Score is 4. Based on the distribution chart, NBT Bancorp ranks #222 out of 1612 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, NBT Bancorp has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NBT Bancorp's Moat Score compare to TBBK and BBT?
According to the Banks industry distribution chart, NBT Bancorp ranks #222 out of 1612 companies for Moat Score. This places NBT Bancorp in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. NBT Bancorp's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBT Bancorp stock overvalued right now?
Based on GuruFocus' analysis, NBT Bancorp (NBTB) is currently considered Fairly Valued. The stock's GF Value™ is $46.41, compared to a current price of $50.05 — trading 7.8% above its estimated fair value. The current Moat Score is 4. NBT Bancorp's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For NBT Bancorp (NBTB), the current Moat Score is 4 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NBT Bancorp (NBTB) Overvalued in 2026?

Based on GuruFocus' analysis, NBT Bancorp stock appears to be overvalued. The current stock price of $50.05 is trading 7.8% above its estimated GF Value™ of $46.41. GuruFocus considers NBT Bancorp to be Fairly Valued.

Key valuation signals for NBTB:

  • Moat Score: 4
  • GF Value™: $46.41 vs. price of $50.05 (7.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the NBTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NBT Bancorp Business Description

Address 52 South Broad Street, Norwich, NY, USA, 13815
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. Its business, predominantly conducted through NBT Bank, consists of providing commercial banking, retail banking, and wealth management services to customers in its market area, which includes upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont, southern Maine, and central and northwestern Connecticut. The company's reportable segments are Banking and Retirement Plan Administration. A majority of its revenue is generated from the Banking segment.
69GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.05
Price
$46.41
GF Value