NBT Bancorp Inc.

NBT Bancorp Inc. reported strong financial results for FY 2025, with net income of $169.2 million, a 20.3% increase from $140.6 million in FY 2024. This growth was driven by a 25.3% increase in net interest income to $501.5 million, primarily due to higher interest income from loans and securities, partially offset by a slight decrease in interest expense. Noninterest income grew 10.6% to $195.5 million, led by higher retirement plan administration and wealth management fees. The company's total assets increased to $16.00 billion from $13.79 billion, largely due to the acquisition of Evans Bancorp, Inc. in May 2025. Earnings per share were $3.34 (basic) and $3.33 (diluted).

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