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 3.81% upside from NBTB’s last price of $43.83) 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 3.81% upside from NBTB's last price of $43.83.
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% | -4.18% |
| Dec 21, 2022 | - | Raymond James | $49.00 | $41.97 | 16.75% | 11.80% |
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 -4.18% decrease from NBTB last price ($43.83).
NBT Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $42.00 |
| Last Closing Price | $43.83 | $43.83 | $43.83 |
| Upside/Downside | -100.00% | -100.00% | -4.18% |
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 $43.83. 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 | $197.64M | $196.25M | $189.90M | $184.25M | $178.74M | $176.31M | $168.56M | $149.57M | $144.95M | $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 | $198.95M | $197.55M | $191.16M | $185.46M | $179.92M | $177.48M | $169.68M | $151.40M | $146.77M | $145.53M | $139.31M | $135.66M | $139.93M | $133.97M | $128.53M | $134.62M | $134.52M | $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 | $196.35M | $194.97M | $188.66M | $183.04M | $177.57M | $175.16M | $167.46M | $147.74M | $143.12M | $144.95M | $139.23M | $135.66M | $138.11M | $126.00M | $126.85M | $132.86M | $132.77M | $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 | $59.70M | $59.28M | $57.36M | $55.66M | $53.99M | $53.26M | $50.92M | $45.18M | $43.79M | $43.87M | $42.07M | $68.08M | $41.99M | $39.34M | $38.57M | $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 | $60.10M | $59.67M | $57.74M | $56.02M | $54.35M | $53.61M | $51.26M | $45.74M | $44.33M | $43.96M | $42.08M | $81.70M | $42.27M | $40.47M | $38.83M | $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 | $59.31M | $58.90M | $56.99M | $55.29M | $53.64M | $52.91M | $50.59M | $44.63M | $43.23M | $43.79M | $42.06M | $54.47M | $41.72M | $38.06M | $38.32M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 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 $39.34M, with a high of $40.47M and a low of $38.06M. This is 0.38% 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 | $50.21M | $50.56M | $48.56M | $45.62M | $44.68M | $42.80M | $36.69M | $34.33M | $35.16M | $36.33M | $32.22M | $45.25M | $35.20M | $36.22M | $37.16M | $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 | $50.64M | $51.00M | $48.98M | $46.01M | $45.07M | $43.17M | $37.00M | $34.77M | $35.46M | $36.44M | $32.48M | $54.30M | $37.57M | $40.87M | $37.48M | $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 | $49.78M | $50.13M | $48.15M | $45.23M | $44.30M | $42.44M | $36.37M | $33.47M | $34.86M | $36.23M | $31.96M | $36.20M | $33.77M | $17.07M | $36.84M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 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 $36.22M, with a range of $17.07M to $40.87M. NBTB's average Quarter net income forecast represents a 20.43% 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 | $76.35M | $75.81M | $73.36M | $71.17M | $69.05M | $68.11M | $65.11M | $57.78M | $55.99M | $56.10M | $53.80M | $65.85M | $53.70M | $50.30M | $49.32M | $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 | $76.85M | $76.31M | $73.84M | $71.64M | $69.50M | $68.56M | $65.54M | $58.48M | $56.69M | $56.22M | $53.81M | $79.02M | $54.05M | $51.75M | $49.65M | $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 | $75.85M | $75.31M | $72.88M | $70.71M | $68.59M | $67.66M | $64.69M | $57.07M | $55.28M | $55.99M | $53.78M | $52.68M | $53.35M | $48.67M | $49.00M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 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 $50.30M, based on 5 Wall Street analysts, with a range of $48.67M to $51.75M. The forecast indicates a 3.28% 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 | $1.07 | $1.07 | $1.03 | $0.97 | $0.95 | $0.91 | $0.78 | $0.73 | $0.75 | $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 | $1.08 | $1.08 | $1.04 | $0.98 | $0.96 | $0.92 | $0.79 | $0.74 | $0.75 | $0.77 | $0.69 | $0.69 | $0.80 | $0.87 | $0.80 | $0.86 | $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 |
| Low Forecast | $1.06 | $1.07 | $1.02 | $0.96 | $0.94 | $0.90 | $0.77 | $0.71 | $0.74 | $0.77 | $0.68 | $0.67 | $0.72 | $0.36 | $0.78 | $0.84 | $0.92 | $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 |
|---|---|---|---|---|---|
| CNOB | ConnectOne Bancorp | $24.14 | $27.67 | 14.62% | Buy |
| CFB | CrossFirst Bankshares | $15.47 | $17.60 | 13.77% | Buy |
| FNWB | First Northwest Bancorp | $9.75 | $11.00 | 12.82% | Hold |
| GSBC | Great Southern Bancorp | $56.66 | $62.00 | 9.42% | Hold |
| HBCP | Home Bancorp | $46.16 | $50.00 | 8.32% | Buy |
| FFNW | First Financial Northwest | $22.11 | $23.50 | 6.29% | Hold |
| NBTB | NBT Bancorp | $43.83 | $45.50 | 3.81% | Hold |
| BHLB | Berkshire Hills Bancorp | $27.06 | $23.50 | -13.16% | Hold |
| FISI | Financial Institutions | $24.21 | $19.50 | -19.45% | Hold |
NBTB Forecast FAQ
Is NBT Bancorp a good buy?
No, according to 3 Wall Street analysts, NBT Bancorp (NBTB) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of NBTB's total ratings.
What is NBTB's price target?
NBT Bancorp (NBTB) average price target is $45.5 with a range of $42 to $49, implying a 3.81% from its last price of $43.83. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NBT Bancorp stock go up soon?
According to Wall Street analysts' prediction for NBTB stock, the company can go up by 3.81% (from the last price of $43.83 to the average price target of $45.5), up by 11.80% based on the highest stock price target, and down by -4.18% based on the lowest stock price target.
Can NBT Bancorp stock reach $70?
NBTB's average twelve months analyst stock price target of $45.5 does not support the claim that NBT Bancorp can reach $70 in the near future.
What are NBT Bancorp's analysts' financial forecasts?
NBT Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $673.19M (high $678.48M, low $667.94M), average EBITDA is $203.36M (high $204.95M, low $201.77M), average net income is $158.5M (high $160.01M, low $156.58M), average SG&A $260.04M (high $262.09M, low $258.01M), and average EPS is $3.37 (high $3.4, low $3.33). NBTB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $768.04M (high $773.12M, low $763.02M), average EBITDA is $232.01M (high $233.54M, low $230.49M), average net income is $194.95M (high $196.63M, low $193.3M), average SG&A $296.68M (high $298.64M, low $294.74M), and average EPS is $4.14 (high $4.18, low $4.11).
Did the NBTB's actual financial results beat the analysts' financial forecasts?
Based on NBT Bancorp's last annual report (Dec 2022), the company's revenue was $515.12M, beating the average analysts forecast of $509.79M by 1.05%. Apple's EBITDA was $220.3M, beating the average prediction of $188.06M by 17.14%. The company's net income was $152M, missing the average estimation of $154.86M by -1.85%. Apple's SG&A was $193.85M, missing the average forecast of $201.61M by -3.85%. Lastly, the company's EPS was $3.48, beating the average prediction of $3.42 by 1.72%. In terms of the last quarterly report (Jun 2023), NBT Bancorp's revenue was $120.44M, missing the average analysts' forecast of $127.68M by -5.67%. The company's EBITDA was $39.19M, beating the average prediction of $38.57M by 1.60%. NBT Bancorp's net income was $30.07M, missing the average estimation of $37.16M by -19.07%. The company's SG&A was $48.7M, missing the average forecast of $49.32M by -1.26%. Lastly, the company's EPS was $0.7, missing the average prediction of $0.79 by -11.39%