AP NEWS

NBT: 4Q Earnings Snapshot

January 27, 2020 GMT

NORWICH, N.Y. (AP) _ NBT Bancorp Inc. (NBTB) on Monday reported fourth-quarter profit of $29 million.

The Norwich, New York-based bank said it had earnings of 66 cents per share.

The financial holding company posted revenue of $126.8 million in the period. Its revenue net of interest expense was $113.4 million, which topped Street forecasts.

For the year, the company reported profit of $121 million, or $2.74 per share. Revenue was reported as $455.6 million.

NBT shares have decreased 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.94, a rise of 7.5% in the last 12 months.

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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