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0 0 -0.00046285582041185 0.000925711640823864 0.00393427447350154 0.00566998380004639 0.0108771117796806 0.0131913908817403
Stock impact report

NBT Bancorp (NBTB) Q4 2024 Earnings Transcript [Yahoo! Finance]

NBT Bancorp Inc. (NBTB) 
Last nbt bancorp inc. earnings: 4/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: nbtbancorp.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
Chief Financial Officer — Annette Burns President, NBT Bank, N.A. — Joe Stagliano Need a quote from a Motley Fool analyst? Email pr@fool.com Scott Kingsley: Thank you, Daniel. Good morning, and thank you for joining us this morning. With me in snowy Norwich today are NBT's Chief Financial Officer, Annette Burns, and Joe Stagliano, President of NBT Bank, N.A. Our operating performance for the quarter and full year 2024 continued to reflect the strength of our balance sheet, our diversified business model, and the collaboration and diligence of our team. During the fourth quarter, we productively grew loans, improved our funding profile, and boosted net interest margin for the third consecutive quarter. Incrementally lower funding costs more than offset a 5 basis points decline in earning asset yields. Non-interest income continued to be a highlight, making up 30% of total revenues for 2024 with each of our non-banking businesses achieving new record years for revenue and earni Show less Read more
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