NBT Bancorp Q4 Profit Rises

(RTTNews) - NBT Bancorp, Inc. (NBTB) Monday reported fourth-quarter profit of $17.9 million or $0.41 per share, up from $13.1 million or $0.39 per share in the same period last year.

Core net income for the quarter was $18.4 million or $0.42 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income increased to $62.1 million from $52.45 million last year. Non-interest income totaled $25.30 million, up from $21.96 million last year.