---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-003437"
form_type: "8-K"
ticker: "NBTB"
cik: "0000790359"
company_name: "NBT BANCORP INC"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:21:08.050293+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NBT Bancorp Q4 net income $30.4M, EPS $0.64; full-year EPS $2.65, down from $3.52; dividend increased to $0.32

## Summary
- Q4 2023 net income $30.4M ($0.64 diluted EPS) vs $36.1M ($0.84) a year ago; operating EPS $0.72 vs $0.86.
- Full-year 2023 net income $118.8M ($2.65 EPS) vs $152.0M ($3.52) in 2022; operating EPS $3.23 vs $3.56.
- Net interest margin (FTE) 3.15%, down 6 bps QoQ; total loans $9.65B, up $1.50B YoY including Salisbury acquisition.
- Board declares Q1 dividend $0.32 per share, a 6.7% increase from prior year; payable March 15, 2024 to record March 1.
- Nonperforming loans to total loans 0.39%, up from 0.25% prior quarter; net charge-offs 0.22% of avg loans.

## SEC filing metadata
- accession: 0001140361-24-003437
- form_type: 8-K
- ticker: NBTB
- cik: 0000790359
- company_name: NBT BANCORP INC
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/790359/000114036124003437/0001140361-24-003437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790359/000114036124003437/ef20019435_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-003437
- JSON: https://secwatch.observer/filing/0001140361-24-003437.json
- Plain text: https://secwatch.observer/filing/0001140361-24-003437.txt

## Key facts
- Earnings Releases
  NBT BANCORP INC reported the quarter ended December 31, 2023 results: net income $30.4 million, EPS $0.64 per diluted common share.
  - Period: the quarter ended December 31, 2023
  - Net income: $30.4 million
  - EPS: $0.64 per diluted common share
  - Result: reported results
  source text: Net income for the three months ended December 31, 2023 was $30.4 million, or $0.64 per diluted common share, compared to $36.1 million, or $0.84 per diluted common
  evidence_url: https://www.sec.gov/Archives/edgar/data/790359/000114036124003437/0001140361-24-003437-index.htm
- Earnings Releases
  NBT BANCORP INC reported the year ended December 31, 2023 results: net income $118.8 million, EPS $2.65 per diluted common share.
  - Period: the year ended December 31, 2023
  - Net income: $118.8 million
  - EPS: $2.65 per diluted common share
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 was $118.8 million, or $2.65 per diluted common share, compared to $152.0 million, or $3.52 per diluted common share, in
  evidence_url: https://www.sec.gov/Archives/edgar/data/790359/000114036124003437/0001140361-24-003437-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.