NBT Bancorp (NASDAQ: NBTB) is one of 330 public companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare NBT Bancorp to similar businesses based on the strength of its dividends, valuation, risk, analyst recommendations, institutional ownership, earnings and profitability.
NBT Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.4%. NBT Bancorp pays out 47.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 36.8% of their earnings in the form of a dividend.
This table compares NBT Bancorp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|NBT Bancorp Competitors||18.87%||8.84%||0.94%|
Institutional and Insider Ownership
49.2% of NBT Bancorp shares are held by institutional investors. Comparatively, 52.4% of shares of all “Banks” companies are held by institutional investors. 2.8% of NBT Bancorp shares are held by company insiders. Comparatively, 10.5% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares NBT Bancorp and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|NBT Bancorp||$359.49 million||N/A||20.18|
|NBT Bancorp Competitors||N/A||N/A||19.76|
NBT Bancorp is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
NBT Bancorp has a beta of 0.91, meaning that its share price is 9% less volatile than the S&P 500. Comparatively, NBT Bancorp’s competitors have a beta of 0.78, meaning that their average share price is 22% less volatile than the S&P 500.
This is a breakdown of recent recommendations and price targets for NBT Bancorp and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|NBT Bancorp Competitors||2073||8225||8340||323||2.36|
NBT Bancorp currently has a consensus target price of $35.50, suggesting a potential downside of 8.36%. As a group, “Banks” companies have a potential downside of 8.06%. Given NBT Bancorp’s competitors stronger consensus rating and higher possible upside, analysts clearly believe NBT Bancorp has less favorable growth aspects than its competitors.
NBT Bancorp competitors beat NBT Bancorp on 8 of the 14 factors compared.
About NBT Bancorp
NBT Bancorp Inc. is a financial holding company. The Company conducts its business through NBT Bank, National Association (the Bank) and also through its other subsidiaries, which includes providing commercial banking and financial services to customers in its market area, including central and upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont and Portland, Maine area. The Bank is a commercial bank, which provides a range of financial products to individuals, corporations and municipalities. The Bank offers deposit products, which include demand deposit accounts, negotiable order of withdrawal accounts, money market deposit accounts and certificate of deposit accounts. It offers loan products, which include consumer loans, home equity loans, mortgages and commercial loans. The Bank offers other products and services, such as trust and investment services, and financial planning and life insurance services through its branch network.
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