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Home > Company Index > Banking > Banking - Northeast > NBT Bancorp Inc.

NBT Bancorp Inc.
Nasdaq: NBTB
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 PROFILE
For NBT Bancorp, it's not size that counts, but rather, the satisfaction of the customer. NBT is the parent of NBT Bank, Pennstar Bank, and First National Bank of Northern New York, which together operate more than 80 branches in upstate New York and northeastern Pennsylvania. The bank offers standard services like checking, savings, and money market accounts; CDs; and trust services. Lending activities mainly consist of commercial real estate, business, and consumer loans. NBT Financial Services offers insurance products and investment services. Subsidiary NBT Capital provides venture capital to burgeoning businesses. NBT Bancorp is buying CNB Financial, which has some 30 bank branches in central New York State.

 COMPETITION
Astoria Financial Corporation (ASFC)
BSB Bancorp, Inc. (BSBN)
First Niagara Financial Group, Inc. (FNFG)

 DEALS
Deal: NBT Bancorp and CNB Financial to Merge
Date Announced: 06.19.01
Value of transaction (US $Mil): 140
Description: Central National Bank Financial Corporation will merge into NBT, pending shareholder approval.

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 209.70
1-Yr. Sales Growth: 84.3%
Employees: 894
Revenue per employee: $234,563.76

 KEY PEOPLE
• Daryl R. Forsythe
    CEO
• Michael J. Chewens
    CFO

 CONTACT INFO
52 S. Broad St.
Norwich, NY 13815
US
Phone: 607-337-2265
Fax: 607-336-6545
Online: Web Site

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