Company Profile
- NBT Bancorp Inc. (NASDAQ: NBTB) (“NBT” or “the company”) is a diversified ~$16 billion-asset bank holding company headquartered in Norwich, NY. Through its lead subsidiary, NBT Bank, National Association (“the bank”), which has >100 years of operating history, the operating footprint spans across seven states, encompassing the heritage markets of Central and Upstate NY and Northern PA, as well as various rural or less urban MSAs across VT, MA, NH, ME, and CT. The expansion into New England stemmed from a de novo growth strategy that began in 2009, with much of the newer footprint sharing similar demographics with NBT’s legacy markets.
- On May 2, 2025, the company acquired Western NY-based Evans Bancorp, Inc., extending its branch network into the Buffalo and Rochester markets and adding ~$1.9 billion in deposits and $1.8 billion in loans. The acquisition strengthens NBT’s deposit share and franchise presence along the Upstate NY “Chip Corridor”, an…