NBT Bancorp Posts $58 Million Q3 Net Income, Tops Analyst Estimates

NBT Bancorp Inc. (NBTB) on Tuesday reported third-quarter net income of $58 million, or $1.11 per share, beating the average estimate of $1.09 per share from five analysts surveyed by Zacks Investment Research. The Norwich, New York-based financial holding company posted revenue of $245.3 million for the period. Revenue net of interest expense was $195.7 million, also exceeding Street forecasts; four analysts surveyed by Zacks had expected $193.1 million. The company is a financial holding company.