NBT Bancorp Q1 FY26 net income falls 7.9% to $51.1 million

• NBT Bancorp posted net income of $51.1 million, down 7.9% from fourth-quarter 2025 and up 39.2% from first-quarter 2025; diluted EPS was $0.98, down $0.08 quarter-over-quarter and up $0.21 year-over-year.
• Net interest income fell 0.8% from fourth-quarter 2025 to $134.3 million, while FTE net interest margin widened 7 basis points to 3.72%.
• Provision for loan losses rose to $5.6 million from $3.8 million in fourth-quarter 2025, while net charge-offs were $5 million and net charge-offs to average loans were 0.17% annualized.
• Noninterest income increased 0.9% from fourth-quarter 2025 to $50.1 million, while noninterest expense edged up 0.5% to $112.2 million.
• Period-end loans slipped 0.4% from Dec. 31, 2025 to $11.55 billion, while deposits climbed 1.8% to $13.74 billion, pushing loan-to-deposit ratio down to 84% from 85.9%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NBT Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-020019), on May 08, 2026, and is solely responsible for the information contained therein.