← NBT BANCORP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $78.4m |
$82.2m
+4.77%
|
$112.6m
+37.02%
|
$121.0m
+7.51%
|
$104.4m
-13.74%
|
$154.9m
+48.37%
|
$152.0m
-1.87%
|
$118.8m
-21.85%
|
$140.6m
+18.40%
|
$169.2m
+20.33%
|
— | |
| Amortization of Debt Issuance Costs | — | — | $0 | $0 | $230k | $438k | $437k | $437k | $437k | $199k | — | |
| Amortization of Intangible Assets | $3.9m | $4.0m | $4.0m | $3.6m | $3.4m | $2.8m | $2.3m | $4.7m | $8.4m | $11.9m | — | |
| Depreciation, Nonproduction | $9.0m | $9.1m | $9.3m | $9.5m | $9.8m | $9.9m | $10.2m | $10.7m | $11.5m | $13.0m | $36.2m | |
| Amortization Cash Flow | — | — | — | — | — | — | $2.3m | $4.7m | $8.4m | $11.9m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $2.3m | $4.7m | $8.4m | $11.9m | $13.3m | |
| Amortization Of Securities | — | — | — | — | — | — | $3.5m | $2.7m | $2.5m | $1.5m | $792k | |
| Depreciation | — | — | — | — | — | — | $16.8m | $17.5m | $19.1m | $21.6m | $22.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $19.1m | $22.3m | $27.5m | $33.5m | $36.2m | |
| Deferred Income Tax Expense (Benefit) | $4.3m | $3.6m | $2.7m | ($1.7m) | ($17.4m) | $864k | ($19.9m) | $6.0m | $8.7m | $23.6m | $23.6m | |
| Deferred Tax | — | — | — | — | — | — | ($19.9m) | $6.0m | $8.7m | $23.6m | $23.6m | |
| Share-based Payment Arrangement, Noncash Expense | $4.4m | $3.6m | $3.9m | $4.2m | $4.6m | $4.4m | $4.5m | $5.1m | $6.0m | $5.3m | $6.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $3.6m | $1.9m | $1.6m | $1.5m | $2.9m | $1.8m | $1.9m | $2.0m | $4.4m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Goodwill and Intangible Asset Impairment | — | $1.5m | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $2.6m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | $1.5m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $4.8m | $0 | $0 | $0 | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $0 | $818k | $0 | $0 | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $11.9m | ($27.9m) | $748k | ($24.6m) | ($28.1m) | |
| Increase (Decrease) in Other Operating Assets | ($364k) | ($28k) | — | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Other Operating Liabilities | ($10.7m) | $3.8m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $109.5m |
$136.9m
+25.02%
|
$147.8m
+7.94%
|
$153.5m
+3.85%
|
$142.4m
-7.20%
|
$157.6m
+10.69%
|
$183.2m
+16.23%
|
$157.5m
-14.06%
|
$188.6m
+19.76%
|
$235.2m
+24.74%
|
$261.7m
+11.24%
|
|
| Cash flows from investing activities: | ||||||||||||
| Equipment Expense | $14.3m | $15.2m | $17.0m | $18.6m | $19.9m | $21.9m | — | — | — | — | — | |
| Capital Expenditure | — | — | — | — | — | — | ($7.0m) | ($9.3m) | ($11.7m) | ($16.3m) | ($16.1m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $324.8m | $290.6m | $259.4m | $273.6m | $336.4m | $395.4m | $213.7m | $116.5m | $167.9m | $256.5m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | ($79k) | $3k | $0 | $0 | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.0m | $4.0m | $7.9m | $0 | $3.9m | $0 | $2.6m | ($44.6m) | $1.4m | ($37.9m) | ($2.2m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($17.3m) | $4.6m | $13.4m | $11.2m | $5.1m | |
| Net Cash Provided by (Used in) Investing Activities | ($630.0m) | ($305.2m) | ($417.6m) | ($64.3m) | ($709.7m) | ($546.1m) | ($926.2m) | ($44.2m) | ($399.2m) | $169.1m | ($484.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $50.2m | $40.2m | $40.1m | $20.1m | $25.1m | $25.1m | $10.7m | $118k | $152k | $26.7m | ($144.6m) | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | ($6.3m) | $4.2m | ($388k) | $566k | ($1.1m) | ($9.3m) | $2.8m | $148k | — | |
| Proceeds from Issuance of Long-term Debt | $23.9m | $25.0m | $25.0m | $10.6m | $0 | $0 | $1.5m | $25.0m | $0 | $0 | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $1.5m | $25.0m | $0 | $0 | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.5m | $25.0m | $0 | $0 | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($12.7m) | ($118k) | ($152k) | ($144.7m) | ($144.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $476.0m | ($206.9m) | ($223.9m) | ($202.5m) | $58.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($11.2m) | $24.9m | ($152k) | ($144.7m) | ($144.6m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $487.2m | ($231.7m) | ($223.7m) | ($57.9m) | $203.5m | |
| Repayment Of Debt | — | — | — | — | — | — | ($12.7m) | ($118k) | ($152k) | ($144.7m) | ($144.6m) | |
| Payments for Repurchase of Common Stock | $17.2m | $0 | $0 | — | $8.0m | $21.7m | $14.7m | $4.9m | $251k | $10.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $38.9m | $40.1m | $43.3m | $46.0m | $47.2m | $47.7m | $49.8m | $55.9m | $62.3m | $72.6m | ($77.2m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($49.8m) | ($55.9m) | ($62.3m) | ($72.6m) | ($77.2m) | |
| Common Stock Payments | — | — | — | — | — | — | ($14.7m) | ($4.9m) | ($251k) | ($10.2m) | ($24.2m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($14.7m) | ($4.9m) | ($251k) | ($10.2m) | ($24.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($14.7m) | ($4.9m) | ($251k) | ($10.2m) | ($24.2m) | |
| Other Interest and Dividend Income | $2.1m | $2.8m | $3.3m | $3.7m | $2.7m | $1.8m | $4.1m | $9.6m | $7.1m | $12.9m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($49.8m) | ($55.9m) | ($62.3m) | ($72.6m) | ($77.2m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($1.8m) | ($1.9m) | ($2.0m) | ($4.4m) | ($4.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $529.3m |
$178.8m
-66.23%
|
$291.1m
+62.85%
|
($53.2m)
-118.28%
|
$1.0b
+2022.06%
|
$984.8m
-3.75%
|
($328.7m)
-133.38%
|
($105.4m)
+67.94%
|
$289.5m
+374.65%
|
($201.2m)
-169.52%
|
($24.4m)
+87.88%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $1.3b | $197.3m | $205.2m | $284.1m | $541.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $1.3b | $197.3m | $205.2m | $284.1m | $487.1m | $294.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $5.2m | $5.2m | $5.1m | $5.4m | $5.7m | $6.2m | $6.0m | $6.8m | $8.3m | $12.4m | — | |
| Parent Company | $38.9m | $40.1m | $43.3m | $46.0m | $47.2m | $47.7m | $49.8m | $55.9m | $62.3m | $72.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $25.9m | $36.7m | $55.9m | $31.7m | $20.3m | $20.6m | $130.2m | $215.2m | $215.6m | — | |
| Income Taxes Paid, Net | $40.9m | $33.7m | $31.9m | $28.4m | $45.8m | $46.1m | $62.8m | $27.6m | $23.3m | $24.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | $281k | $4.3m | ($414k) | $537k | ($1.1m) | $135k | $505k | $148k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $555k | $4.0m | $0 | $0 | $0 | $0 | $0 | ($35k) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($274k) | $314k | ($414k) | $537k | ($1.1m) | $135k | $505k | $183k | — | |
| Gain (Loss) on Disposition of Assets | $2.5m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | ($4.3m) | $0 | $0 | — | — | — | — | |
| Goodwill | $265.4m | $268.0m | $274.8m | $274.8m | $280.5m | $280.5m | $281.2m | $361.9m | $362.7m | $453.3m | $0 | |
| Income Tax Expense (Benefit) | $40.4m | $46.0m | $24.4m | $34.4m | $28.7m | $45.0m | $44.2m | $34.7m | $38.8m | $50.2m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | $1.7m | $1.5m | ($222k) | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $51.1m | ($8.3m) | $17.1m | $25.3m | $19.6m | $32.3m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($328.7m) | ($105.4m) | $289.5m | ($201.2m) | ($24.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($926.2m) | ($44.2m) | ($399.2m) | $169.1m | ($484.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($1.1b) | $7.8m | $78.9m | $203.1m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $11.9m | ($27.9m) | $748k | ($24.6m) | ($28.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($1.1b) | $7.8m | $78.9m | $203.1m | ($246.9m) | |
| End Cash Position | — | — | — | — | — | — | $197.3m | $205.2m | $284.1m | $487.1m | $294.7m | |
| Excess Tax Benefit From Stock Based Compensation | — | — | — | — | — | — | ($288k) | ($296k) | ($295k) | ($674k) | ($456k) | |
| Financing Cash Flow | — | — | — | — | — | — | ($328.7m) |
($105.4m)
+67.94%
|
$289.5m
+374.65%
|
($201.2m)
-169.52%
|
($24.4m)
+87.88%
|
|
| Free Cash Flow | — | — | — | — | — | — | $176.2m | $148.2m | $176.8m | $218.9m | $245.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $1.1m | $9.3m | ($2.8m) | ($148k) | ($757k) | |
| Investing Cash Flow | — | — | — | — | — | — | ($926.2m) | ($44.2m) | ($399.2m) | $169.1m | ($484.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($2.6m) | $44.6m | ($1.4m) | $37.9m | ($1.1m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($239.3m) | $254.0m | ($61.8m) | $119.1m | ($204.6m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($7.0m) | ($9.3m) | ($11.7m) | ($16.3m) | ($16.1m) | |
| Operating Gains Losses | — | — | — | — | — | — | $1.0m | $9.2m | ($3.0m) | ($785k) | ($1.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($5.8m) | ($8.4m) | ($13.9m) | ($4.1m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | $91k | $61k | $117k | $117k | |
| Purchase Of Business | — | — | — | — | — | ($1.6m) | ($2.6m) | — | ($1.4m) | — | ($2.2m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($630.6m) | ($88.0m) | ($376.2m) | ($566.6m) | ($688.0m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($7.0m) | ($9.3m) | ($11.7m) | ($16.3m) | ($16.1m) | |
| Sale Of Business | — | — | — | — | — | — | — | $44.6m | — | $37.9m | $37.9m | |
| Sale Of Investment | — | — | — | — | — | — | $391.3m | $342.0m | $314.5m | $685.7m | $483.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $4.5m | $5.1m | $6.0m | $5.3m | $6.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.