NBT Bancorp Inc. (NBTB) Earnings Call Transcripts

NBT Bancorp Inc.'s Latest Earnings Call - Q1 FY2026

NBT Bancorp Inc. reported its Q1 2026 financial results, highlighting a 27% year-over-year increase in net income to $51.1 million, or $0.98 per diluted share. Revenue growth was driven by a 28 basis point improvement in net interest margin and a 4.5% increase in fee-based income. The integration of Evans Bancorp has contributed positively, enhancing operating leverage and capital flexibility. Management maintained guidance, focusing on organic growth and potential M&A opportunities, while continuing share repurchases.

Reported metrics

Guidance from management

Management maintained guidance, focusing on supporting organic growth and evaluating M&A opportunities. They expect operating expenses to increase by 3-4% annually.

What management said

Agreed. And Mark, we had some costs in the third and the fourth quarter of last year on the operating expense side that were a little bit higher than sort of standard run rate. Some specific initiatives or some specific costs that we incurred in those quarters. So not unusual for sort of the other expense line to be a little bit lower in the first quarter with, as Annette mentioned, with the costs associated with sto...

Sure. Our loan accretion for the quarter was right around $6.5 million. That's kind of a little bit down from what we had in the fourth quarter. And I would expect it to run somewhere in the $6 million to $6.5 million that corresponds with our intangible asset amortization around $3.5 million a quarter, so aligned with that. As we think about accretion, where we mark those loans, we think we're capable of getting p...

What analysts pressed on

Analysts expressed concerns about the elevated level of commercial payoffs and the impact on loan growth. There were also questions about the sustainability of low deposit costs and the potential impact of increased competition.

Main topics on the call

• Net Interest Margin Improvement — Net interest margin improved by 28 basis points year-over-year to 3.72%, driven by disciplined balance sheet management and the integration of Evans Bancorp. Management noted, 'Our net interest margin in the first quarte...
• Noninterest Income Growth — Noninterest income reached a new high, with retirement plan administration business achieving record quarterly revenue. Fee income increased 4.5% year-over-year. Management highlighted, 'Our fee income was $49.7 million ...
• Loan Portfolio Dynamics — Total loans decreased by $50.9 million from December 2025, with planned runoffs in consumer and residential solar portfolios. Elevated commercial payoffs were noted. Management stated, 'Total loans at $11.5 billion were ...
• Deposit Growth and Cost Management — Deposits increased by $244 million, with a favorable shift from higher-cost time deposits to lower-cost checking and savings accounts. Management commented, 'We experienced a favorable change in our mix of deposits out o...

Read the full NBT Bancorp Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 29 NBT Bancorp Inc. earnings call transcripts on record, spanning May 19, 2020 to July 28, 2026. Based on this history, NBT Bancorp Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NBTB

Exchange

NasdaqGS

Country

US

Sector

Financials

Industry

Banks

Calls on record

29

First call

May 19, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly