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NBTB (NBT Bancorp) Pretax Margin % : 33.21% (As of Sep. 2024)


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What is NBT Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NBT Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $48.8 Mil. NBT Bancorp's Revenue for the three months ended in Sep. 2024 was $146.9 Mil. Therefore, NBT Bancorp's pretax margin for the quarter that ended in Sep. 2024 was 33.21%.

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

NBTB' s Pretax Margin % Range Over the Past 10 Years
Min: 29.02   Med: 32.06   Max: 41.99
Current: 30.81


NBTB's Pretax Margin % is ranked worse than
51.99% of 1533 companies
in the Banks industry
Industry Median: 31.73 vs NBTB: 30.81

NBT Bancorp Pretax Margin % Historical Data

The historical data trend for NBT Bancorp's Pretax 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 Pretax Margin % Chart

NBT Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.43 29.02 41.99 38.08 29.64

NBT Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.56 29.01 30.86 30.01 33.21

Competitive Comparison of NBT Bancorp's Pretax Margin %

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

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

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



NBT Bancorp Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=153.459/517.779
=29.64 %

NBT Bancorp's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=48.778/146.883
=33.21 %

* 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.


NBT Bancorp  (NAS:NBTB) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


NBT Bancorp Pretax Margin % Related Terms

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NBT Bancorp Business Description

Traded in Other Exchanges
N/A
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. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products and trust and investment services. Loan products include consumer, home equity, mortgage, business banking, 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 New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
Executives
Jack H Webb officer: EVP - Strategic Support C/O NBT BANCORP INC., 52 SOUTH BROAD STREET, NORWICH NY 13815
Watt John H Jr officer: EVP, Pres of NBT Bank, N.A. 52 SOUTH BROAD STREET, NORWICH NY 13815
Timothy E Delaney director 52 SOUTH BROAD STREET, NORWICH NY 13815
Amy Wiles officer: EVP, Chief Risk and Credit 52 SOUTH BROAD STREET, NORWICH NY 13815
Robinson V Daniel Ii director 52 SOUTH BROAD STREET, NORWICH NY 13815
Martin Randolph Sparks officer: EVP,General Counsel,Secretary 52 SOUTH BROAD STREET, NORWICH NY 13815
Sarah A Halliday officer: EVP/President Comm Banking 52 SOUTH BROAD STREET, NORWICH NY 13815
Scott Allen Kingsley officer: EVP & Chief Financial Officer 8365 GLEN EAGLE DRIVE, MANLIUS NY 13104
Lowell A Seifter director 52 SOUTH BROAD STREET, NORWICH NY 13815
Jason David Brown director 52 SOUTH BROAD STREET, NORWICH NY 13815
Cantele Richard J Jr officer: EVP/Strategic Integration
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 A Dietrich director, other: Chairman, NBT Bancorp 52 SOUTH BROAD STREET, NORWICH NY 13815