secwatch.observer — SEC 8-K summary
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Issuer:     NBT BANCORP INC (NBTB)
CIK:        0000790359
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001140361-23-049330
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NBT Bancorp Q3 net income $24.6M ($0.54 EPS), down 37% YoY; operating EPS $0.84
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- Net income $24.6M ($0.54 diluted EPS) vs $39.0M ($0.90) in Q3 2022; operating diluted EPS $0.84.
- NIM (FTE) 3.21%, down 6 bps QoQ; earning asset yield 4.63% (+21 bps QoQ), cost of deposits 1.18% (+33 bps).
- Completed Salisbury acquisition on Aug 11; added $1.18B loans and $1.31B deposits.
- Quarterly dividend increased to $0.32/share, up 6.7% from prior year (11th consecutive annual increase).
- Total loans $9.67B, up $1.52B from Dec 2022; total deposits $11.40B, up $1.91B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790359/000114036123049330/0001140361-23-049330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790359/000114036123049330/ef20013038_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-049330

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