NBT Bancorp (NBTB) Stock Forecast, Price Target & Predictions
NBTB Stock Forecast
NBT Bancorp stock forecast is as follows: an average price target of $45.50 (represents a -6.91% downside from NBTB’s last price of $48.88) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
NBTB Price Target
The average price target for NBT Bancorp (NBTB) is $45.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $49.00 to $42.00. This represents a potential -6.91% downside from NBTB's last price of $48.88.
NBTB Analyst Ratings
According to 3 Wall Street analysts, NBT Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for NBTB stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
NBT Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 14, 2024 | Matthew Breese | Stephens | $42.00 | $34.66 | 21.18% | -14.08% |
| Dec 21, 2022 | Raymond James | $49.00 | $41.97 | 16.75% | 0.25% |
The latest NBT Bancorp stock forecast, released on Feb 14, 2024 by Matthew Breese from Stephens, set a price target of $42.00, which represents a 21.18% increase from the stock price at the time of the forecast ($34.66), and a -14.08% decrease from NBTB last price ($48.88).
NBT Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $42.00 |
| Last Closing Price | $48.88 | $48.88 | $48.88 |
| Upside/Downside | -100.00% | -100.00% | -14.08% |
In the current month, the average price target of NBT Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NBT Bancorp's last price of $48.88. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 24, 2024 | Raymond James | Strong Buy | Market Perform | Downgrade |
| May 17, 2024 | Stephens | Overweight | Overweight | Hold |
| Apr 24, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 23, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Apr 23, 2024 | Stephens | Market Perform | Market Perform | Hold |
| Feb 14, 2024 | Stephens | Overweight | Upgrade | |
| Dec 21, 2022 | Raymond James | Strong Buy | Initialise |
NBT Bancorp's last stock rating was published by Raymond James on Jul 24, 2024. The company Downgrade its NBTB rating from "Strong Buy" to "Market Perform".
NBT Bancorp Financial Forecast
NBT Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.44M | $125.62M | $132.91M | $131.10M | $128.48M | $122.62M | $125.34M | $117.30M | $117.83M | $115.50M | $117.29M | $115.05M | $114.73M | $111.59M | $111.99M | $116.80M |
| Avg Forecast | $197.96M | $196.84M | $190.58M | $185.59M | $179.99M | $178.06M | $168.78M | $149.88M | $146.16M | $145.24M | $139.27M | $135.66M | $139.01M | $130.22M | $127.68M | $133.74M | $133.64M | $129.98M | $124.77M | $121.40M | $121.66M | $119.41M | $117.28M | $118.74M | $115.28M | $116.08M | $114.57M | $111.65M | $111.49M | $112.82M |
| High Forecast | $199.72M | $198.59M | $192.28M | $187.24M | $181.59M | $179.65M | $170.28M | $151.71M | $147.99M | $145.53M | $139.31M | $135.66M | $140.26M | $133.97M | $128.82M | $134.93M | $134.83M | $129.98M | $124.77M | $121.40M | $121.66M | $119.41M | $117.28M | $118.74M | $115.28M | $116.08M | $114.57M | $111.65M | $111.49M | $112.82M |
| Low Forecast | $195.76M | $194.66M | $188.47M | $183.53M | $178.00M | $176.09M | $166.91M | $148.04M | $144.31M | $144.95M | $139.23M | $135.66M | $137.48M | $126.00M | $126.27M | $132.26M | $132.16M | $129.98M | $124.77M | $121.40M | $121.66M | $119.41M | $117.28M | $118.74M | $115.28M | $116.08M | $114.57M | $111.65M | $111.49M | $112.82M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.94% | 0.99% | 1.01% | 1.03% | 1.01% | 1.03% | 0.98% | 1.00% | 0.97% | 1.02% | 0.99% | 1.00% | 1.00% | 1.00% | 1.04% |
NBT Bancorp's average Quarter revenue forecast for Sep 23 based on 5 analysts is $130.22M, with a low forecast of $126.00M, and a high forecast of $133.97M. NBTB's average Quarter revenue forecast represents a 8.12% increase compared to the company's last Quarter revenue of $120.44M (Jun 23).
NBT Bancorp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $39.19M | $62.91M | $56.62M | $55.75M | $57.41M | $58.87M | $57.20M | $57.89M | $62.11M | $61.33M | $55.01M | $58.28M | $43.51M | $29.44M | $55.60M | $61.08M |
| Avg Forecast | $77.68M | $77.24M | $74.79M | $72.83M | $70.63M | $69.87M | $66.23M | $58.81M | $57.36M | $57.00M | $54.65M | $68.08M | $54.55M | $51.10M | $50.11M | $61.89M | $62.18M | $39.26M | $37.69M | $48.93M | $36.75M | $36.07M | $35.43M | $46.00M | $34.82M | $35.07M | $34.61M | $40.26M | $33.68M | $34.08M |
| High Forecast | $78.38M | $77.93M | $75.45M | $73.48M | $71.26M | $70.50M | $66.82M | $59.53M | $58.08M | $57.11M | $54.67M | $81.70M | $55.04M | $52.57M | $50.55M | $74.27M | $74.61M | $39.26M | $37.69M | $58.71M | $36.75M | $36.07M | $35.43M | $55.20M | $34.82M | $35.07M | $34.61M | $48.31M | $33.68M | $34.08M |
| Low Forecast | $76.82M | $76.39M | $73.96M | $72.02M | $69.85M | $69.10M | $65.50M | $58.10M | $56.63M | $56.88M | $54.64M | $54.47M | $53.95M | $49.45M | $49.55M | $49.51M | $49.74M | $39.26M | $37.69M | $39.14M | $36.75M | $36.07M | $35.43M | $36.80M | $34.82M | $35.07M | $34.61M | $32.21M | $33.68M | $34.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 1.02% | 0.91% | 1.42% | 1.52% | 1.20% | 1.56% | 1.60% | 1.75% | 1.33% | 1.58% | 1.66% | 1.26% | 0.73% | 1.65% | 1.79% |
5 analysts predict NBTB's average Quarter EBITDA for Sep 23 to be $51.10M, with a high of $52.57M and a low of $49.45M. This is 30.40% upper than NBT Bancorp's previous annual EBITDA (Jun 23) of $39.19M.
NBT Bancorp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.07M | $33.66M | $36.12M | $38.97M | $37.77M | $39.13M | $37.31M | $37.43M | $40.30M | $39.85M | $34.19M | $35.11M | $24.71M | $10.37M | $28.96M | $32.38M |
| Avg Forecast | $52.03M | $52.22M | $49.66M | $46.71M | $45.10M | $44.43M | $37.69M | $35.32M | $36.36M | $36.67M | $32.52M | $45.25M | $35.53M | $36.55M | $37.50M | $41.14M | $40.56M | $41.70M | $40.09M | $32.52M | $39.80M | $38.14M | $36.48M | $29.88M | $32.81M | $28.43M | $20.47M | $14.18M | $30.80M | $31.65M |
| High Forecast | $52.63M | $52.83M | $50.23M | $47.26M | $45.62M | $44.95M | $38.13M | $35.77M | $36.79M | $36.78M | $32.78M | $54.30M | $37.93M | $41.25M | $37.94M | $49.37M | $48.67M | $41.70M | $40.09M | $39.02M | $39.80M | $38.14M | $36.48M | $35.86M | $32.81M | $28.43M | $20.47M | $17.01M | $30.80M | $31.65M |
| Low Forecast | $51.28M | $51.47M | $48.94M | $46.04M | $44.45M | $43.80M | $37.15M | $34.43M | $35.84M | $36.57M | $32.26M | $36.20M | $34.09M | $17.23M | $36.96M | $32.91M | $32.45M | $41.70M | $40.09M | $26.02M | $39.80M | $38.14M | $36.48M | $23.91M | $32.81M | $28.43M | $20.47M | $11.34M | $30.80M | $31.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.82% | 0.89% | 0.93% | 0.94% | 1.20% | 0.94% | 0.98% | 1.10% | 1.33% | 1.04% | 1.24% | 1.21% | 0.73% | 0.94% | 1.02% |
NBT Bancorp's average Quarter net income forecast for Sep 23 is $36.55M, with a range of $17.23M to $41.25M. NBTB's average Quarter net income forecast represents a 21.56% increase compared to the company's last Quarter net income of $30.07M (Jun 23).
NBT Bancorp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $48.70M | $51.83M | $48.91M | $60.28M | $58.75M | $56.94M | $51.41M | $50.79M | $49.84M | $49.09M | $48.26M | $47.21M | $46.57M | $47.54M | $47.01M | $46.17M |
| Avg Forecast | $80.78M | $80.33M | $77.77M | $75.74M | $73.45M | $72.66M | $68.88M | $61.16M | $59.65M | $59.27M | $56.83M | $65.85M | $56.73M | $53.14M | $52.11M | $59.86M | $55.89M | $50.21M | $48.20M | $47.32M | $47.00M | $46.13M | $45.30M | $36.82M | $44.53M | $44.84M | $44.26M | $65.00M | $43.07M | $43.58M |
| High Forecast | $81.50M | $81.04M | $78.47M | $76.41M | $74.11M | $73.31M | $69.49M | $61.91M | $60.39M | $59.39M | $56.85M | $79.02M | $57.24M | $54.67M | $52.57M | $71.84M | $67.07M | $50.21M | $48.20M | $56.79M | $47.00M | $46.13M | $45.30M | $44.18M | $44.53M | $44.84M | $44.26M | $78.00M | $43.07M | $43.58M |
| Low Forecast | $79.89M | $79.44M | $76.91M | $74.90M | $72.64M | $71.86M | $68.11M | $60.42M | $58.89M | $59.15M | $56.82M | $52.68M | $56.10M | $51.42M | $51.53M | $47.89M | $44.71M | $50.21M | $48.20M | $37.86M | $47.00M | $46.13M | $45.30M | $29.45M | $44.53M | $44.84M | $44.26M | $52.00M | $43.07M | $43.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.87% | 0.88% | 1.20% | 1.22% | 1.20% | 1.09% | 1.10% | 1.10% | 1.33% | 1.08% | 1.05% | 1.05% | 0.73% | 1.09% | 1.06% |
NBT Bancorp's average Quarter SG&A projection for Sep 23 is $53.14M, based on 5 Wall Street analysts, with a range of $51.42M to $54.67M. The forecast indicates a 9.11% rise compared to NBTB last annual SG&A of $48.70M (Jun 23).
NBT Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.70 | $0.78 | $0.84 | $0.91 | $0.88 | $0.91 | $0.86 | $0.86 | $0.93 | $0.91 | $0.78 | $0.80 | $0.57 | $0.24 | $0.66 | $0.74 |
| Avg Forecast | $1.10 | $1.10 | $1.05 | $0.98 | $0.95 | $0.94 | $0.79 | $0.74 | $0.77 | $0.77 | $0.69 | $0.68 | $0.75 | $0.77 | $0.79 | $0.85 | $0.93 | $0.88 | $0.85 | $0.77 | $0.84 | $0.81 | $0.77 | $0.72 | $0.69 | $0.60 | $0.43 | $0.52 | $0.65 | $0.67 |
| High Forecast | $1.11 | $1.11 | $1.06 | $1.00 | $0.96 | $0.95 | $0.80 | $0.75 | $0.77 | $0.77 | $0.69 | $0.69 | $0.80 | $0.87 | $0.80 | $0.86 | $0.94 | $0.88 | $0.85 | $0.77 | $0.84 | $0.81 | $0.77 | $0.72 | $0.69 | $0.60 | $0.43 | $0.52 | $0.65 | $0.67 |
| Low Forecast | $1.08 | $1.08 | $1.03 | $0.97 | $0.94 | $0.92 | $0.78 | $0.73 | $0.75 | $0.77 | $0.68 | $0.67 | $0.72 | $0.36 | $0.78 | $0.84 | $0.91 | $0.88 | $0.85 | $0.77 | $0.84 | $0.81 | $0.77 | $0.72 | $0.69 | $0.60 | $0.43 | $0.52 | $0.65 | $0.67 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.92% | 0.91% | 1.03% | 1.04% | 1.18% | 1.02% | 1.07% | 1.21% | 1.26% | 1.13% | 1.33% | 1.32% | 0.46% | 1.02% | 1.11% |
According to 5 Wall Street analysts, NBT Bancorp's projected average Quarter EPS for Sep 23 is $0.77, with a low estimate of $0.36 and a high estimate of $0.87. This represents a 10.00% increase compared to NBTB previous annual EPS of $0.70 (Jun 23).
NBT Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFB | CrossFirst Bankshares | $16.63 | $20.00 | 20.26% | Buy |
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| FNWB | First Northwest Bancorp | $10.36 | $11.00 | 6.18% | Hold |
| HBCP | Home Bancorp | $48.80 | $50.00 | 2.46% | Buy |
| CNOB | ConnectOne Bancorp | $25.58 | $25.00 | -2.27% | Buy |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |
| NBTB | NBT Bancorp | $50.87 | $45.50 | -10.56% | Hold |
| BHLB | Berkshire Hills Bancorp | $29.13 | $23.50 | -19.33% | Hold |
| FISI | Financial Institutions | $28.45 | $19.50 | -31.46% | Hold |