M&A
confidence high
sentiment positive
materiality 0.70
NBT Bancorp gets OCC/Fed approval for Evans merger; shareholders vote >96% in favor
NBT BANCORP INC
- OCC approved merger of Evans Bank into NBT Bank; Fed granted waiver for bank holding company merger.
- Evans shareholders: >75% of shares represented, >96% of votes cast approved Merger on Dec 20, 2024.
- All-stock transaction; closing expected Q2 2025 alongside system conversion, subject to customary conditions.