NBT Bancorp (NBTB) investor relations material

Company profile and business overview

• 83rd largest U.S. bank holding company with $16.2B in assets, $11.87B in loans, and $13.54B in deposits as of June 30, 2026.

• Operates 173 branches across 7 northeastern states, offering retail, commercial, wealth management, insurance, and retirement plan services.

• Maintains a diverse, granular deposit base and strong presence in core markets, supporting expansion into dynamic adjacent markets.

• Wealth management AUM/AUA totals $6.5B/$12.87B; EPIC Retirement Plan Services AUA at $41.56B.

• Institutional ownership at 66% with a market cap of $2.67B and 2,431 employees.

Strategic initiatives and growth

• Pursues organic growth and selective acquisitions, with 14 completed since 2013, including recent expansions in Upstate NY and New England.

• Focuses on growing fee-based businesses: retirement plan administration, wealth management, and insurance.

• Invests in technology to enhance customer and employee experience, leveraging digital, data, AI, and cybersecurity solutions.

• Supports regional economic growth, especially in NY's semiconductor and advanced manufacturing sectors, and participates in major infrastructure projects.

• Recognized for disciplined integration of acquisitions and expanding capabilities through fee business acquisitions.

Financial performance and profitability

• Total assets reached $16.21B, loans $11.87B, and deposits $13.54B as of Q2 2026, with consistent growth since 2019.

• Q2 2026 net income was $53.0M ($1.02 diluted EPS); operating ROAA at 1.32% and ROTCE at 15.61%.

• Net interest income for Q2 2026 was $137.6M, with a net interest margin of 3.73%.

• Noninterest income for Q2 2026 was $49.6M, representing 27% of total revenue, driven by retirement plan, card services, and wealth management fees.

• Noninterest expense increased slightly due to merit pay and higher medical costs, offset by lower seasonal expenses.