NBT Bancorp Reports Record Q3 2026 Net Income Driven by Interest Income and Fee Growth
NBT Bancorp (NBTB) reported record quarterly net income of $58.0 million for the third quarter of 2026, with diluted earnings per share rising 7.8% year-over-year to $1.11. The performance was primarily driven by a record net interest income of $142.1 million and robust noninterest income from retirement plan administration and insurance services. The bank saw an expansion in its net interest margin to 3.78%, as earning asset yields outpaced the cost of funds. While total loans grew to $11.95 billion, management noted that residential mortgage activity remains muted due to current interest rate environments. Despite these headwinds, the company maintains a strong capital position with a CET1 ratio of 12.43% and continues its streak of dividend increases.
Tickers: $NBTB
Topics: Dividends EPS Loan Growth Net Income Net Interest Income