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NBT Bancorp NBTB Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

KeyCorp logo
KeyCorpKEY
$34M+3.0%
Old National Bancorp logo
Old National BancorpONB
$7.56M+40.5%
Northwest Bancshares logo
Northwest BancsharesNWBI
$2.04M+53.4%
Independent Bank Corp logo
Independent Bank CorpINDB
$2.71M+31.3%
F.N.B. Corporation logo
F.N.B. CorporationFNB
$4M-20.0%
Community Financial System logo
Community Financial SystemCBU

Segments

By segment

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Banking$2.66M-21.7%
All Other Segments$0
Retirement Plan Administration$0

Other financials

Income statement

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Revenue$184.5M+19.3%
Net income$51.1M+39.2%
EPS (diluted)$0.98+27.3%

Balance sheet

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Cash & equivalents$716.1M+182%
Total debt$117.8M+37.6%
Total equity$1.9B+22.3%
Total assets$16.2B+16.9%

Cash flow

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Operating cash flow$53.0M+26.3%
CapEx$4.4M+19.5%
Free cash flow$48.6M+26.9%

Valuation

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Market cap$2.5B+9.7%
Enterprise value$1.9B-12.6%
P/E13.6×-2.3×
P/S3.4×-0.4×

Profitability

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Net margin25.3%+1.0pp
FCF margin31.5%+0.9pp

Returns & leverage

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Return on equity10.6%+1.0pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by NBT Bancorp in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsuranceIncome.

The official record: NBT Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NBT Bancorp's bank owned life insurance income?
NBT Bancorp (NBTB) reported bank owned life insurance income of $2.66M in Q1 2026.
How has NBT Bancorp's bank owned life insurance income changed year-over-year?
NBT Bancorp's bank owned life insurance income decreased by 21.7% year-over-year, from $3.4M to $2.66M.
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.