A Director at NBT Bancorp Inc (NASDAQ: NBTB) is Selling Shares

By Carrie Williams

Today, a Director at NBT Bancorp Inc (NASDAQ: NBTB), Timothy Delaney, sold shares of NBTB for $385.9K.

Following Timothy Delaney’s last NBTB Sell transaction on May 03, 2016, the stock climbed by 11.0%. In addition to Timothy Delaney, 4 other NBTB executives reported Sell trades in the last month.

Based on NBT Bancorp Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $102 million and quarterly net profit of $20 million. In comparison, last year the company earned revenue of $101 million and had a net profit of $19.85 million. The company has a one year high of $40.96 and a one year low of $23.81. NBTB’s market cap is $1.67B and the company has a P/E ratio of 21.72.

The insider sentiment on NBT Bancorp Inc has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

NBT Bancorp, Inc. is a financial holding company. The company through its subsidiaries, NBT Bank, N.A. and NBT Financial Services, Inc. focuses on community banking operations. It provides a complete range of retail and commercial banking products as well as trust and investment services throughout its upstate New York, northeastern Pennsylvania, western Massachusetts and the greater Burlington, Vermont area. The Company’s primary business consists of providing commercial banking and financial services to its customers in its market area. NBT Bancorp was founded in 1986 and is headquartered in Norwich, NY.