
NBT Bancorp, Inc., founded in 1996 and headquartered in Norwich, New York, is a financial holding company focused on providing banking solutions through its subsidiary, NBT Bank. The company offers a range of services, including commercial and consumer banking, trust and investment services, and insurance, catering to both retail and commercial clients throughout the Northeastern U.S.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NBTB 5.00% 2030-07-01 USDNBT Bancorp. Inc. | United States | 2030-07-01 | 5.000 | 8.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NBT Bancorp has a well-established history of bond issuance, beginning in the early 2000s as a means to enhance capital and support growth. Notable bond issuances include a $20 million offering in 2020, which was well-received and featured favorable yields compared to industry averages. As of late 2023, NBT Bancorp's bonds exhibit competitive yields, with unique features such as callable options that appeal to investors seeking flexibility. Recent market trends have further solidified NBT's reputation for responsible financial management and investor responsiveness.