NBT Bancorp Inc (NBTB) - Net Assets
Based on the latest financial reports, NBT Bancorp Inc (NBTB) has net assets worth $1.90 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.00 Billion) and total liabilities ($14.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NBT Bancorp Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.90 Billion |
| % of Total Assets | 11.85% |
| Annual Growth Rate | 9.46% |
| 5-Year Change | 51.64% |
| 10-Year Change | 107.62% |
| Growth Volatility | 12.96 |
NBT Bancorp Inc - Net Assets Trend (1991–2025)
This chart illustrates how NBT Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is NBT Bancorp Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for NBT Bancorp Inc (1991–2025)
The table below shows the annual net assets of NBT Bancorp Inc from 1991 to 2025. For live valuation and market cap data, see NBTB stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.90 Billion | +24.25% |
| 2024-12-31 | $1.53 Billion | +7.05% |
| 2023-12-31 | $1.43 Billion | +21.48% |
| 2022-12-31 | $1.17 Billion | -6.15% |
| 2021-12-31 | $1.25 Billion | +5.29% |
| 2020-12-31 | $1.19 Billion | +6.00% |
| 2019-12-31 | $1.12 Billion | +10.07% |
| 2018-12-31 | $1.02 Billion | +6.23% |
| 2017-12-31 | $958.18 Million | +4.91% |
| 2016-12-31 | $913.32 Million | +3.55% |
| 2015-12-31 | $882.00 Million | +2.06% |
| 2014-12-31 | $864.18 Million | +5.83% |
| 2013-12-31 | $816.57 Million | +40.24% |
| 2012-12-31 | $582.27 Million | +8.21% |
| 2011-12-31 | $538.11 Million | +0.85% |
| 2010-12-31 | $533.57 Million | +5.63% |
| 2009-12-31 | $505.12 Million | +16.97% |
| 2008-12-31 | $431.85 Million | +8.69% |
| 2007-12-31 | $397.30 Million | -1.61% |
| 2006-12-31 | $403.82 Million | +20.92% |
| 2005-12-31 | $333.94 Million | +0.51% |
| 2004-12-31 | $332.23 Million | +1.59% |
| 2003-12-31 | $327.03 Million | +5.71% |
| 2002-12-31 | $309.38 Million | +9.19% |
| 2001-12-31 | $283.36 Million | -1.15% |
| 2000-12-31 | $286.64 Million | +49.70% |
| 1999-12-31 | $191.47 Million | +46.61% |
| 1998-12-31 | $130.60 Million | +5.92% |
| 1997-12-31 | $123.30 Million | +15.99% |
| 1996-12-31 | $106.30 Million | -1.57% |
| 1995-12-31 | $108.00 Million | +9.87% |
| 1994-12-31 | $98.30 Million | -2.77% |
| 1993-12-31 | $101.10 Million | +7.55% |
| 1992-12-31 | $94.00 Million | +7.06% |
| 1991-12-31 | $87.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NBT Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.90 Billion | 100.00% |
| Total Equity | $1.90 Billion | 100.00% |
NBT Bancorp Inc Competitors by Market Cap
The table below lists competitors of NBT Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Teekay Tankers Ltd
NYSE:TNK
|
$2.31 Billion |
|
Headwater Exploration Inc
TO:HWX
|
$2.31 Billion |
|
Investco Holding AS
IS:INVES
|
$2.31 Billion |
|
Shanghai Haoyuan Chemexpress Co. Ltd. A
SHG:688131
|
$2.31 Billion |
|
Korea Gas Corporation
KO:036460
|
$2.31 Billion |
|
Foryou Corp
SHE:002906
|
$2.31 Billion |
|
Tower Bersama Infrastructure Tbk PT
JK:TBIG
|
$2.31 Billion |
|
Chung-Hsin Electric & Machinery Mfg Corp
TW:1513
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NBT Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,526,141,000 to 1,896,216,000, a change of 370,075,000 (24.2%).
- Net income of 169,235,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 142,098,000.
- Other factors increased equity by 58,742,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $169.24 Million | +8.92% |
| Other Comprehensive Income | $142.10 Million | +7.49% |
| Other Changes | $58.74 Million | +3.1% |
| Total Change | $- | 24.25% |
Book Value vs Market Value Analysis
This analysis compares NBT Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.47x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $6.83 | $44.21 | x |
| 1992-12-31 | $7.40 | $44.21 | x |
| 1993-12-31 | $7.85 | $44.21 | x |
| 1994-12-31 | $6.79 | $44.21 | x |
| 1995-12-31 | $7.94 | $44.21 | x |
| 1996-12-31 | $8.03 | $44.21 | x |
| 1997-12-31 | $9.36 | $44.21 | x |
| 1998-12-31 | $4.31 | $44.21 | x |
| 1999-12-31 | $6.32 | $44.21 | x |
| 2000-12-31 | $8.90 | $44.21 | x |
| 2001-12-31 | $7.84 | $44.21 | x |
| 2002-12-31 | $8.77 | $44.21 | x |
| 2003-12-31 | $9.41 | $44.21 | x |
| 2004-12-31 | $10.02 | $44.21 | x |
| 2005-12-31 | $10.19 | $44.21 | x |
| 2006-12-31 | $11.84 | $44.21 | x |
| 2007-12-31 | $11.89 | $44.21 | x |
| 2008-12-31 | $13.32 | $44.21 | x |
| 2009-12-31 | $14.86 | $44.21 | x |
| 2010-12-31 | $15.46 | $44.21 | x |
| 2011-12-31 | $15.86 | $44.21 | x |
| 2012-12-31 | $17.27 | $44.21 | x |
| 2013-12-31 | $19.28 | $44.21 | x |
| 2014-12-31 | $19.47 | $44.21 | x |
| 2015-12-31 | $19.87 | $44.21 | x |
| 2016-12-31 | $20.94 | $44.21 | x |
| 2017-12-31 | $21.82 | $44.21 | x |
| 2018-12-31 | $23.12 | $44.21 | x |
| 2019-12-31 | $25.39 | $44.21 | x |
| 2020-12-31 | $27.00 | $44.21 | x |
| 2021-12-31 | $28.60 | $44.21 | x |
| 2022-12-31 | $27.18 | $44.21 | x |
| 2023-12-31 | $31.84 | $44.21 | x |
| 2024-12-31 | $32.17 | $44.21 | x |
| 2025-12-31 | $37.27 | $44.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NBT Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.51%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.44x
- Recent ROE (8.92%) is below the historical average (10.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 8.20% | 8.33% | 0.10x | 9.55x | $-1.58 Million |
| 1992 | 8.51% | 10.10% | 0.09x | 9.24x | $-1.40 Million |
| 1993 | 8.41% | 11.08% | 0.08x | 9.44x | $-1.61 Million |
| 1994 | 6.61% | 8.40% | 0.07x | 10.63x | $-3.33 Million |
| 1995 | 8.61% | 11.01% | 0.08x | 10.24x | $-1.50 Million |
| 1996 | 11.48% | 13.08% | 0.08x | 10.71x | $1.57 Million |
| 1997 | 11.92% | 14.09% | 0.08x | 10.39x | $2.37 Million |
| 1998 | 20.59% | 15.27% | 0.14x | 9.88x | $13.84 Million |
| 1999 | 17.02% | 13.40% | 0.10x | 12.43x | $13.44 Million |
| 2000 | 5.25% | 5.00% | 0.08x | 13.37x | $-12.81 Million |
| 2001 | 1.40% | 1.34% | 0.08x | 13.66x | $-22.90 Million |
| 2002 | 15.39% | 17.39% | 0.07x | 12.74x | $15.76 Million |
| 2003 | 15.19% | 19.22% | 0.06x | 13.05x | $16.10 Million |
| 2004 | 15.06% | 19.93% | 0.06x | 12.68x | $16.82 Million |
| 2005 | 15.70% | 18.80% | 0.06x | 13.26x | $19.04 Million |
| 2006 | 13.85% | 16.58% | 0.07x | 12.60x | $15.57 Million |
| 2007 | 12.67% | 13.76% | 0.07x | 13.09x | $10.60 Million |
| 2008 | 13.51% | 15.94% | 0.07x | 12.36x | $15.17 Million |
| 2009 | 10.30% | 14.71% | 0.06x | 10.82x | $1.50 Million |
| 2010 | 10.76% | 17.05% | 0.06x | 10.01x | $4.05 Million |
| 2011 | 10.76% | 18.23% | 0.06x | 10.40x | $4.09 Million |
| 2012 | 9.37% | 16.83% | 0.05x | 10.38x | $-3.67 Million |
| 2013 | 7.56% | 16.72% | 0.05x | 9.37x | $-19.91 Million |
| 2014 | 8.69% | 19.84% | 0.05x | 9.02x | $-11.34 Million |
| 2015 | 8.66% | 19.86% | 0.05x | 9.37x | $-11.78 Million |
| 2016 | 8.59% | 19.64% | 0.05x | 9.71x | $-12.92 Million |
| 2017 | 8.57% | 19.32% | 0.05x | 9.54x | $-13.67 Million |
| 2018 | 11.06% | 24.22% | 0.05x | 9.39x | $10.78 Million |
| 2019 | 10.80% | 23.85% | 0.05x | 8.67x | $8.98 Million |
| 2020 | 8.79% | 21.25% | 0.04x | 9.21x | $-14.37 Million |
| 2021 | 12.39% | 31.31% | 0.04x | 9.61x | $29.84 Million |
| 2022 | 12.95% | 28.30% | 0.05x | 10.00x | $34.64 Million |
| 2023 | 8.33% | 17.93% | 0.05x | 9.34x | $-23.79 Million |
| 2024 | 9.22% | 17.89% | 0.06x | 9.03x | $-11.97 Million |
| 2025 | 8.92% | 19.51% | 0.05x | 8.44x | $-20.39 Million |
Industry Comparison
This section compares NBT Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NBT Bancorp Inc (NBTB) | $1.90 Billion | 8.20% | 7.44x | $2.31 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About NBT Bancorp Inc
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises indirect and direct consumer, home equity, mortgages, business banking loans, and commercia… Read more