NBT: Q1 Earnings Snapshot

NORWICH, N.Y. (AP) — NORWICH, N.Y. (AP) — NBT Bancorp Inc. (NBTB) on Monday reported first-quarter earnings of $33.8 million.

The Norwich, New York-based bank said it had earnings of 71 cents per share. Earnings, adjusted for non-recurring gains, were 68 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The financial holding company posted revenue of $192.3 million in the period. Its revenue net of interest expense was $140.6 million, which also beat Street forecasts.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBTB at https://www.zacks.com/ap/NBTB

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