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Stock impact report

NBT Bancorp Inc. Announces Net Income of $82.2 Million and Diluted Earnings Per Share of $1.87; Declares Cash Dividend; Excluding the Estimated Impact of Tax Reform, Net Income Up 10.4% fr...

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: GlobeNewswire
NORWICH, N.Y., Jan. 22, 2018 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ:NBTB) reported net income and diluted earnings per share for the year ended December 31, 2017. Net income for the year ended December 31, 2017 was $82.2 million, up from $78.4 million for the prior year. Diluted earnings per share for the year ended December 31, 2017 was $1.87, up from $1.80 for the prior year. Net income excluding the $4.4 million estimated one-time, non-cash charge recorded in the provision for income taxes related to the enactment of the Tax Cuts and Jobs Act (“Tax Reform”) was up 10.4% from 2016 to $86.6 million or $1.97 diluted earnings per share. The estimate may be refined in future periods as further information becomes available. Net income for the three months ended December 31, 2017 was $17.6 million, as compared to $22.9 million for the prior quarter and $19.6 million for the same period last year. Diluted earnings per share for the three months ended Dec Show less Read more
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