NBT Bancorp Inc. (NASDAQ: NBTB), the parent company of NBT Bank, said its net income for the fourth quarter of 2025 was $55.5 million, or $1.06 per diluted common share, exceeding the record high reported in the third quarter of $54.5 million, or $1.03 per diluted common share.
Fourth-quarter results compare with $36 million, or 76 cents, per diluted common share, for the fourth quarter of 2024.
NBT Bank, which established a commercial presence in Maine in 2014, opened its first state branch recently at 191 Marginal Way in Portland.
Headquartered in Norwich, N.Y., NBT has its Maine regional headquarters at 5 Widgery Wharf in Portland.
Yearly income
Net income for the year ended Dec. 31, 2025, was $169.2 million, or $3.33 per diluted common share, compared to $140.6 million, or $2.97 per diluted common share, in the previous year.
“We also raised our dividend to shareholders by 8.8%, marking our 13th consecutive year of dividend increases,” said Scott Kingsley, NBT’s president and CEO.
NBT has attributed year-over-year growth to the acquisition of Evans Bancorp Inc. last May 2, which added 200 employees and 18 banking locations in western New York, $1.67 billion in loans and $1.86 billion in deposits.
NBT’s total assets were $16 billion as of Dec. 31, 2025.
