---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-040588"
form_type: "8-K"
ticker: "NBTB"
cik: "0000790359"
company_name: "NBT BANCORP INC"
filed_at: "2024-09-09T23:59:59+00:00"
generated_at: "2026-05-31T05:59:11.038544+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NBT Bancorp to acquire Evans Bancorp for ~$236M in stock, extends into Western NY

## Summary
- NBT to acquire Evans in all-stock deal valued at ~$236M; exchange ratio fixed at 0.91 NBT shares per Evans share.
- Evans shareholders get 0.91 NBT shares per share; transaction approved by both boards of directors.
- Closing expected Q2 2025, conditional on Evans shareholder approval and regulatory clearances.
- Evans CEO David Nasca to join NBT board; combined network exceeds 170 branches across 7 states.

## SEC filing metadata
- accession: 0001140361-24-040588
- form_type: 8-K
- ticker: NBTB
- cik: 0000790359
- company_name: NBT BANCORP INC
- filed_at: 2024-09-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/790359/000114036124040588/0001140361-24-040588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790359/000114036124040588/ef20035633_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-040588
- JSON: https://secwatch.observer/filing/0001140361-24-040588.json
- Plain text: https://secwatch.observer/filing/0001140361-24-040588.txt

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