NBT Bancorp traded at $43.25 this Friday April 24th, decreasing $2.04 or 4.50 percent since the previous trading session. Looking back, over the last four weeks, NBT Bancorp lost 1.84 percent. Over the last 12 months, its price rose by 1.53 percent. Looking ahead, we forecast NBT Bancorp to be priced at 42.32 by the end of this quarter and at 39.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
NBT Bancorp Inc. is a financial holding company. The Company conducts its business through NBT Bank, National Association (the Bank) and also other subsidiaries, which includes providing commercial banking and financial services to customers in its market area. The Bank is a commercial bank, which provides a range of financial products to individuals, corporations and municipalities. The Bank offers deposit products, which include demand deposit accounts, savings accounts, negotiable order of withdrawal (NOW) accounts, money market deposit accounts (MMDA) and certificate of deposit (CD) accounts. It offers loan products, which include indirect and direct consumer loans, home equity loans, mortgages, business banking loans and commercial loans. The Bank also offers other products and services through its branch network, such as trust and investment services and financial planning and life insurance services.