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NBT Bancorp NBTB Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

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$1.03M+25.9%
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$2.01M+41.7%
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$206K+23.4%
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$1.54M+28.0%
F.N.B. Corporation logo
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$5M+25.0%

Segments

By segment

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Banking$2.51M+14.9%
All Other Segments$0
Retirement Plan Administration$0

Other financials

Income statement

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Revenue$186.7M+9.1%
Net income$53.0M+136%
EPS (diluted)$1.02+132%

Balance sheet

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Cash & equivalents$294.7M-45.6%
Total debt$316.4M+180%
Total equity$1.9B+7.7%
Total assets$16.2B+1.2%

Cash flow

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Operating cash flow$61.9M+33.2%
CapEx$1.4M-41.6%
Free cash flow$60.5M+37.1%

Valuation

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Market cap$2.75B+28.7%
Enterprise value$2.77B+62.3%
P/E12.9×-3.2×
P/S3.7×+0.3×

Profitability

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Net margin28.8%+7.4pp
FCF margin33.1%+4.8pp

Returns & leverage

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Return on equity11.4%+3.3pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by NBT Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The source filing: NBT Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031820
(In thousands, except per share data)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Retirement plan administration fees16,92815,71033,49431,568
Wealth management10,94810,67822,08221,624
Insurance services4,1774,0978,6598,858
Bank owned life insurance income2,5052,1805,1645,577
Net securities gains1751126178
Other3,1873,5006,7446,534
Total noninterest income$49,727$46,932$99,863$94,384
Noninterest expense

Item 1. FINANCIAL STATEMENTS (Unaudited) FINANCIAL STATEMENTS

FAQ

What is NBT Bancorp's bank owned life insurance income?
NBT Bancorp (NBTB) reported bank owned life insurance income of $2.51M in Q2 2026.
How has NBT Bancorp's bank owned life insurance income changed year-over-year?
NBT Bancorp's bank owned life insurance income increased by 14.9% year-over-year, from $2.18M to $2.51M.
What is the long-term trend for NBT Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), NBT Bancorp's bank owned life insurance income has grown at a 18.8% compound annual growth rate (CAGR), from $6.22M to $12.39M.
What does bank owned life insurance income mean?
This income is derived from the cash surrender value growth and death benefit proceeds of life insurance policies purchased by the bank on the lives of key employees. It is a tax-advantaged financial instrument used to offset the costs of employee benefit plans.

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