secwatch.observer — SEC 8-K summary
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Issuer:     NBT BANCORP INC (NBTB)
CIK:        0000790359
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001140361-25-002081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NBT Bancorp Q4 net income $36.0M ($0.76 EPS); raises dividend 6.3% to $0.34
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- Q4 net income $36.0M ($0.76 dil EPS) vs $30.4M ($0.64) a year ago; FY net income $140.6M ($2.97) vs $118.8M ($2.65).
- Net interest income FTE $106.7M, NIM 3.34% up 7 bps QoQ; total cost of funds down 14 bps to 1.71%.
- Cash dividend raised to $0.34/share (6.3% increase) payable March 17, 2025 to holders of record March 3.
- Evans Bancorp merger received regulatory approval; expected to close Q2 2025 pending customary conditions.
- Period-end loans $9.97B (+3.3% YoY); deposits $11.55B (+5.3% YoY); NPAs to assets 0.38%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790359/000114036125002081/0001140361-25-002081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790359/000114036125002081/ef20042313_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-002081

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