NBT Bancorp (NBTB) Investor presentation summary

Company profile and business overview

• Ranked as the 83rd largest bank holding company with $16.0 billion in assets and $13.5 billion in deposits as of December 31, 2025.

• Operates 176 branches across 7 northeastern states, offering retail, commercial, and fee-based financial services.

• Maintains a diverse, granular deposit base and a strong capital position, supporting growth in dynamic markets.

• Recognized for strong asset quality, conservative credit culture, and diversified fee income sources.

• Received multiple external recognitions, including top rankings in J.D. Power and Forbes awards.

Strategic initiatives and growth

• Pursues organic growth and selective acquisitions, with recent transformational investments in Upstate New York and New England.

• Completed the Evans Bank acquisition in May 2025, adding $2.22 billion in assets and expanding into Buffalo and Rochester.

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

• Invests in technology to enhance customer and employee experience, including digital banking, AI, and cybersecurity.

• Well-positioned to support regional economic growth, especially in the semiconductor and advanced manufacturing sectors.

Financial performance and capital strength

• Achieved consistent growth in assets, loans, deposits, and shareholders' equity over recent years.

• Q4 2025 net income was $55.5 million, with diluted EPS of $1.06 and a tangible equity ratio of 8.95%.

• Net interest income for Q4 2025 was $136.0 million, with a net interest margin of 3.65%.

• Noninterest income reached $49.6 million in Q4 2025, representing 27% of total revenue, above peer median.

• Regulatory capital ratios remain strong, with a total risk-based capital ratio of 14.24% and a leverage ratio of 9.48%.