NBT Bancorp (NBT Bancorp) Net Margin %

: 22.20% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. NBT Bancorp's Net Income for the three months ended in Dec. 2023 was $30.4 Mil. NBT Bancorp's Revenue for the three months ended in Dec. 2023 was $137.2 Mil. Therefore, NBT Bancorp's net margin for the quarter that ended in Dec. 2023 was 22.20%.

The historical rank and industry rank for NBT Bancorp's Net Margin % or its related term are showing as below:

NBTB' s Net Margin % Range Over the Past 10 Years
Min: 20.58 Med: 22.85 Max: 32.54
Current: 22.94

NBTB's Net Margin % is ranked worse than
58.55% of 1462 companies
in the Banks industry
Industry Median: 25.535 vs NBTB: 22.94

NBT Bancorp Net Margin % Historical Data

The historical data trend for NBT Bancorp's Net Margin % 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.

* Premium members only.

NBT Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

26.81

22.76

32.54

29.51

22.94

NBT Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																27.18	26.79	24.97	18.29	22.20

Competitive Comparison

For the Banks - Regional subindustry, NBT Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

* The bar in red indicates where NBT Bancorp's Net Margin % falls into.

NBT Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NBT Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	118.782	/	517.779
	=	22.94 %

NBT Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	30.446	/	137.158
	=	22.20 %

NBT Bancorp (NAS:NBTB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NBT Bancorp Net Margin % Related Terms

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NBT Bancorp (NBT Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NBT Bancorp Inc (NAS:NBTB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 South Broad Street, Norwich, NY, USA, 13815

Website

https://www.nbtbancorp.com

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.

Executives

Jason David Brown	director	52 SOUTH BROAD STREET, NORWICH NY 13815
Cantele Richard J Jr	officer: EVP/Strategic Integration
Amy Wiles	officer: EVP, Chief Risk and Credit	52 SOUTH BROAD STREET, NORWICH NY 13815
Timothy E Delaney	director	52 SOUTH BROAD STREET, NORWICH NY 13815
Scott Allen Kingsley	officer: EVP & Chief Financial Officer	8365 GLEN EAGLE DRIVE, MANLIUS NY 13104
Heidi M Hoeller	director	52 SOUTH BROAD STREET, NORWICH NY 13815
Shaunastar Hyle	officer: EVP, Consumer Lending	52 SOUTH BROAD STREET, NORWICH NY 13815
Cynthia A Smaniotto	officer: SVP, Chief HR Officer	52 SOUTH BROAD STREET, NORWICH NY 13815
Martin Randolph Sparks	officer: EVP,General Counsel,Secretary	52 SOUTH BROAD STREET, NORWICH NY 13815
Martin A Dietrich	director, other: Chairman, NBT Bancorp	52 SOUTH BROAD STREET, NORWICH NY 13815
Ruth H Mahoney	officer: EVP/President of Wealth Mgmt	52 SOUTH BROAD STREET, NORWICH NY 13815
Matthew K Durkee	officer: EVP / President of New England	52 SOUTH BROAD STREET, NORWICH NY 13815
Jack H Webb	officer: EVP - Strategic Support	C/O NBT BANCORP INC., 52 SOUTH BROAD STREET, NORWICH NY 13815
Johanna R Ames	director	52 SOUTH BROAD STREET, NORWICH NY 13815
Robinson V Daniel Ii	director	52 SOUTH BROAD STREET, NORWICH NY 13815