Company Overview - NBT Bancorp (NBTB) is headquartered in Norwich and operates in the Finance sector, with a stock price change of 0% since the start of the year [3] - The company currently pays a dividend of $0.34 per share, resulting in a dividend yield of 2.85%, which is higher than the Banks - Northeast industry's yield of 2.51% and the S&P 500's yield of 1.53% [3] Dividend Performance - NBT Bancorp's current annualized dividend of $1.36 has increased by 3% from the previous year, with a historical average annual increase of 5.42% over the past five years [4] - The company's payout ratio stands at 46%, indicating that it distributes 46% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for NBT Bancorp's earnings per share for 2025 is $3.69, reflecting a year-over-year growth rate of 25.51% [5] Investment Appeal - NBT Bancorp is viewed as a compelling investment opportunity due to its attractive dividend yield and strong earnings growth potential, supported by a Zacks Rank of 2 (Buy) [7]
NBT Bancorp (NBTB) Could Be a Great Choice